Cervical Dysplasia Treatment Market By 2023 to 2033: Emerging Markets and Opportunities
The global cervical dysplasia treatment market size is poised to cross USD 628.5 million in 2023 and is likely to surpass a valuation of USD 846.2 million by 2033. The cervical dysplasia treatment market share is expected to rise at a CAGR of 3.0% from 2023 to 2033.
Advanced cervical dysplasia treatment approaches have been created due to continuous medical innovation and research. Modern medical procedures frequently provide less intrusive and more effective actions than conventional surgical procedures. Patients now have additional choices with the advent of procedures like loop electrosurgical excision process (LEEP), laser therapy, and topical therapies. The market for cervical dysplasia therapy is growing because there is a greater demand for and interest in these cutting-edge therapies as healthcare practitioners and patients adopt these newer, more patient-friendly approaches.
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Cervical dysplasia and cervical cancer are critical public health issues that several governments and public health organizations acknowledge. They respond by launching an array of programs to increase awareness, enhance screening rates, and improve access to treatment options. Government financing and assistance are crucial in promoting market expansion because they guarantee that more people may have timely and cost-effective cervical dysplasia treatments. These programs may also entail the creation of policies and procedures that motivate medical professionals to give a range of therapeutic alternatives, further promoting market growth.
Key Takeaways from the Cervical Dysplasia Treatment Market Report:
- In 2018, the global market size stood at USD 554.6 million.
- The market size expanded at a 2.1% CAGR from 2018 to 2022.
- In 2022, the global market size stood at USD 612.2 million.
- The specialty clinics segment will develop at a 3.2% CAGR through 2033.
- The LEEP treatment type segment will rise at a 3.2% CAGR through 2033.
- China’s cervical dysplasia treatment market is expected to thrive at a 3.6% CAGR through 2033.
- India’s cervical dysplasia treatment market is projected to rise at a 3.5% CAGR through 2033.
- Germany’s cervical dysplasia treatment market is anticipated to develop at a 3.0% CAGR through 2033.
“The cervical dysplasia therapy market is expanding rapidly, driven by a confluence of factors, including increased awareness and technical advancements. The potential for further market growth is highlighted by healthcare professionals’, researchers’, and policymakers’ dedication to cervical dysplasia management and prevention,” says an FMI analyst.
Key Players in the Cervical Dysplasia Treatment Market
- Hologic, Inc.
- AnGes MG
- Advaxis, Inc.
- Eisai, Inc.
- Inovio Biomedical Corporation
- GlaxoSmithKline plc
- Photocure ASA
- F. Hoffmann La-Roche Ltd.
- BD
- OncoHealth Corporation
- QIAGEN
- Quest Diagnostics, Inc.
- Abbott Healthcare Pvt. Ltd.
Recent Developments Observed by FMI:
- Roche announced the commercial launch of an HPV self-sampling solution in June 2022 in nations that recognize the CE certification. Using this innovative method, a patient can follow directions from a healthcare practitioner to quietly obtain her sample for HPV screening while at a medical institution. The Roche cobas® HPV test is run on Roche molecular equipment to analyze the clinically-validated vaginal sample.
- In September 2022, Mylab Discovery Solutions announced the release of the ‘PathoDetect HPV Detection Test’ to identify high-risk forms of HPV in individuals. According to the business, the ‘PathoDetect HPV Detection Test,’ which has been approved by the regulatory authorities, identifies and distinguishes the presence of high-risk HPV strains, such as 16 and 18, which cause the mainstream of cervical malignancies.
Cervical Dysplasia Treatment Market Segmentation:
By Treatment:
- Cervical Dysplasia Surgery
- Cervical Dysplasia Cryosurgery
- Cervical Dysplasia LEEP (Loop Electrosurgical Excision Procedure) or Cold Knife
- Cervical Dysplasia Radiation Therapy
- Cervical Dysplasia Chemotherapy
- Others (Therapeutic HPV Vaccines)
By End-user:
- Hospitals
- Ambulatory Surgery Centers
- Specialty Clinics
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa