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Cervical Cancer Diagnostics and Therapeutics Market to 2021 - Increasing Disease Prevalence to be a Key Driver of Market Growth

 

 


(Medical-NewsWire.com, March 26, 2018 ) Global Cervical Cancer Diagnostics and Therapeutics market has been estimated at USD 3540.00 Million in 2016 and is projected to reach USD 4411.48 Million by 2021, at a CAGR of 4.5% during the forecast period from 2016 to 2021. Cervical cancer is generally characterized by the abnormal growth of cancerous cells in the tissues of the cervix, and it may manifest itself as a squamous-cell carcinoma or adenocarcinoma. More than 15% of cases of cervical cancer are found in women over 65. The first step in finding cervical cancer is often an abnormal Pap test result.

The factors that are driving the global market for Cervical Cancer Diagnostics and Therapeutics are rising prevalence of cervical cancer, increasing public awareness about cancer and also developing technologies in treating cancer. However, the market growth is constrained due to uncertain regulatory guidelines and high costs of screening test.



Get a comprehensive overview of the Market: https://www.marketdataforecast.com/market-reports/global-cervical-cancer-diagnostics-and-therapeutics-market-829/



Global market for Cervical Cancer Diagnostics and Therapeutics is segmented based on diagnostics test, methods, end-users and therapies. By Diagnostics test, the market is further sub-segmented into Pap smear test, HPV testing, colposcopy, cervical cancer biopsy. By methods, the market is further sub-segmented into molecular method, cytopathological method, physical method. By therapies, the market is further sub-segmented into surgery, radiation therapy, chemotherapy and others. By end-users, the market is further sub-segmented into hospitals, laboratories, independent physicians, clinics, and others. Pap smear test segment dominated the market by Diagnostic test, holding a 45% share in the global market for cervical cancer diagnostic tests. The high growth rate of this segment can be attributed to the high efficiency of the test, low cost of the test in comparison with other tests available in the market, and rising awareness regarding cancer diagnosis.



Geographically, Global market for Cervical Cancer Diagnostics and Therapeutics is segmented into North America, Asia Pacific, Latin America, Europe, and Africa & Middle-East. North America holds the largest share of the global market, followed by Europe. A number of factors such as rising prevalence of cervical cancer, growing awareness of cervical cancer screening programs, and government support are driving the growth of the HPV testing market in the North American region. Asia Pacific market is growing at very high rate, due to rising consumer market, favorable government support for enhanced healthcare infrastructure, and rising awareness for healthcare among the population in developing nations of the region.



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Abbott Diagnostics, Alere, Beckman Coulter, Clinical Genomics, Companion Dx, EDP Biotech, Epigenomics AG, Exact Sciences, Fujirebio, Genomic Tree, Metabiomics, Oncocyte (Biotime), Quest Diagnostics, Randox Laboratories, Siemens Healthcare, Volition Rx, are the major players of Global Cervical Cancer Diagnostics and Therapeutics market.



scope of the report provides:

• The evaluation of the current market for your product or services and the future implications of the market

• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future

• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment

• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share

• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces

• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors

• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments

• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence

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Source: EmailWire.Com

Source: EmailWire.com


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