Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8.25 Billion | USD 13.05 Billion | 5.22% | 2023 |
According to Zion Market Research, the global Cervical Cancer Diagnostic Test Market was worth USD 8.25 Billion in 2023. The market is forecast to reach USD 13.05 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.22% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Cervical Cancer Diagnostic Test Market industry over the next decade.
Amongst the types of cancer identified as of now, cervical cancer is the one most prevalent amongst women. Research also states that 90% of the cases of cervical cancer could be attributed to HPV infection. The diagnosis happens through smear screening. The last few years have seen a substantial increase in the population of female smokers. Plus, the frequency of unsafe sex is increasing among teenagers. Therefore, the rate of cervical cancer is increasing in the young population.
Covid Impact Analysis
The outbreak of COVID-19 has escalated the cervical cancer diagnostic tests, more so as the WHO has certified that those suffering from chronic diseases like cancer, and diabetes are more likely to contract Corona. These patients are trying to be doubly sure about the complexities so that utmost care can be taken amidst the ongoing pandemic. The market for cervical cancer diagnostic tests is not expected to stand still by any means, looking at the situation on the whole.
The global cervical cancer diagnostic test market is significantly driven by the rise in the percentage of HPV in the female population. Lack of hygiene and non-awareness of cervical cancer in women is one of the significant factors to boost the need for cervical cancer diagnostic tests in women.
According to the CDC, more than seven million people acquire HPV in the U.S. Besides, changes in lifestyle, and availability of medical support are expected to propel the market growth. Genetic causes in women are also anticipated to contribute to the market growth in the coming years.
Report Attributes | Report Details |
---|---|
Report Name | Cervical Cancer Diagnostic Test Market |
Market Size in 2023 | USD 8.25 Billion |
Market Forecast in 2032 | USD 13.05 Billion |
Growth Rate | CAGR of 5.22% |
Number of Pages | 130 |
Key Companies Covered | Abbott Laboratories, Becton, Dickinson and Company, Femasys Inc., Hologic Inc., Oncohealth Corp, Quest Diagnostics Inc, QIAGEN and Zilico Ltd |
Segments Covered | By Test, By End-User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Segmentation Analysis by Test
Based on the test, the global market of cervical cancer diagnostic test market is segmented as Pap smear tests, colposcopy, HPV testing, endocervical curettage (ECC), and others.
The Pap smear tests accounted for a significant share registering a high CAGR in the past few years. In addition, it is expected to continue dominating in the coming years. Factors such as growing awareness and low test prices are likely to influence commercial growth. The HPV testing segment is anticipated to have a second leading share attributed to the rise in incidences of HPV infections in the population.
Segmentation Analysis by End-User
Based on end-users, the global market of cervical cancer diagnostics test market is trifurcated into hospitals, laboratories, and others. The hospitals segment was the leading segment in 2023. The segment is expected to continue its dominance during the forecast period.
North America held a significant share owing rise in awareness and presence of key players. Moreover, developed medical infrastructure offers lucrative opportunities for market development shortly. The Asia Pacific is the second leading market for cervical cancer diagnostic tests owing to the large population with unmet medical needs. The rise in the geriatric population is one of the major reasons for growth within regional markets.
Some of the key players in the cervical cancer diagnostic test market include;
The Global Cervical Cancer Diagnostic Test Market is segmented into:
By Test:
By End-User:
By Region
FrequentlyAsked Questions
According to a study, the global Cervical Cancer Diagnostic Test market size was worth around USD 8.25 billion in 2023 and is expected to reach USD 13.05 billion by 2032.
The global Cervical Cancer Diagnostic Test market is expected to grow at a CAGR of 5.22% during the forecast period.
Some of the key factors driving the global cervical cancer diagnostic test market growth comprise the lack of hygiene and non-awareness of cervical cancer in women is one of the significant factor to boost the need for cervical cancer diagnostic tests in women.
North America held a substantial share of the cervical cancer diagnostic test market in 2023 owing to the rise in awareness and the presence of top companies.
Some of the major companies operating in global cervical cancer diagnostic test market are Abbott Laboratories, Becton, Dickinson and Company, Femasys Inc., Hologic Inc., Oncohealth Corp, Quest Diagnostics Inc, QIAGEN and Zilico Ltd.
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