Innovative cervical dysplasia treatments drive market growth, backed by government programs & patient demand.
NEWARK, Del, Oct. 08, 2023 (GLOBE NEWSWIRE) — The cervical dysplasia treatment market size is poised to cross US$ 628.5 million in 2023 and is likely to surpass a valuation of US$ 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.
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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.
Cervical dysplasia and cervical cancer are critical public health issues that several governments and public health organizations acknowledge. They respond by launching various 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 US$ 554.6 million.
- The market size expanded at a 2.1% CAGR from 2018 to 2022.
- In 2022, the global market size stood at US$ 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 various 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,” Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)
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Cervical Dysplasia Treatment Market 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,’ 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.
Top 13 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.
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Segmentation Analysis of the Cervical Dysplasia Treatment Market:
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
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
Have a Look at Related Reports of the Cervical Dysplasia Treatment Market:
Cervical Cancer Treatment Market Size: The global cervical cancer treatment market was valued at around US$ 7.4 Billion at the end of 2021. The market is projected to register a 5.6% CAGR and top a valuation of US$ 12.8 Billion by 2032.
Cervical Pillows Market Sales: The Cervical Pillows Market is expected to enjoy a market valuation of US$ 1.2 Billion in 2022, and is predicted to rise at a CAGR of 3.9% to attain a market value of US$ 1.5 Billion by the end of 2028.
Cervical Spacer Systems Market Revenue: The cervical spacer systems market size is projected to be valued at US$ 382.7 million in 2023 and is expected to rise to US$ 744.2 million by 2033.
Venous Ulcer Treatment Market Sales: The global venous ulcer treatment market is expected to be valued at US$ 2.96 billion in 2023 and is projected to exhibit a compound annual growth rate (CAGR) of 6.5% from 2023 to 2033.
Bronchopulmonary Dysplasia Treatment Market Growth: The global bronchopulmonary dysplasia treatment market is expected to garner a market value of US$ 385.6 million in 2023 and is expected to accumulate US$ 700.2 million by registering a CAGR of 6.1% in the forecast period.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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