asia pacific pre-lit disposable vaginal speculum Market

The Asia Pacific pre-lit disposable vaginal speculum market is expected to reach US$ 79.35 million by 2027 from US$ 57.80 million in 2019. The market is estimated to grow at a CAGR of 4.1% from 2020 to 2027.

Key factors that are driving the market include high prevalence of cervical cancer and increase in government initiatives for cervical cancer prevention and screening. However, complications and low acceptance associated with gynecological procedures is likely to hinder the market growth.

Cervical cancer is one of the diseases with a greater possibility of prevention and treatment as it can be prevented with HPV vaccination and managed effectively. However, it remains one of the severe threats to health of women globally. Annually, over 500,000 women are diagnosed with this cancer type in the world, causing over 270,000 deaths, and more than 75% of cases occur in India. A medical device used to dilate the vagina to examine the cervix and vagina is called a vaginal speculum. An annual pelvic examination is prescribed for women for mandatory screening of cervical cancer and abnormalities in women’s reproductive anatomy, such as cysts and cancers. The development in technology has allowed integrating the illumination system in the vaginal specula for better visualization and provide better treatment. Rising government initiatives to prevent and screen cervical cancer would boost the demand for disposable vaginal specula.

Currently, the limited availability of medical care for conditions other than COVID-19 across the world has negatively impacted the pre-lit disposable vaginal speculum market. Furthermore, the limited availability of healthcare staff across the globe would hamper the pre-lit disposable vaginal speculum market growth.

Based on application, the Asia Pacific pre-lit disposable vaginal specula market is segmented into surgery and diagnostic. The surgery segment held the largest share of the market in 2019 and is estimated to register the highest CAGR in the market during the forecast period.

Based on end user, the Asia Pacific pre-lit disposable vaginal specula market is segmented into hospitals, ambulatory surgical centers, and diagnostic centers. In 2019, the hospitals segment held the largest share of the market and is anticipated to dominate the market at the highest CAGR during the forecast period.

Some of the major primary and secondary sources for Asia Pacific pre-lit disposable vaginal speculum market included in the report are Federation of Obstetric & Gynecological Societies of India (FOGSI); Ministry of Health and Welfare (MoHW); Japanese Organization for International Cooperation in Family Planning (JOICFP); and World Health Organization (WHO); among others.