A vaginal speculum is a medical device typically used to examine vaginal orifices by doctors and medical practitioners. The variations in the size of the specula allow examining cases where a woman’s hymen is intact. The instruments are made up of either metal or non-metal material, and the gynecologists use the device to open the vaginal wall to examine the vagina and cervix and extract cervical cells for PAP or smear examination. Invasive cervical malignancy (ICC) is the second most frequent female cancer in low- and middle-income countries (LMICs); it ranks seventh among the most common cancer types in high-income countries. ~341,843 women died in 2020 due to cervical cancer, and 90% lived in less-developed countries with limited access to prevention, screening, and treatment facilities. Therefore, the rise in the number of cervical cancer is leading to more awareness about this disease among women.
The vaginal specula market is segmented into product, type, procedure, end user, and geography. By geography, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. This report offers insights and in-depth analysis of the market, emphasizing parameters, such as market trends, market dynamics, and the competitive analysis of the globally leading market players.
There have been many developments in techniques involved in vaginal examinations. The use of illumination sources with longer shelf life in gynecological procedures can encourage vaginal specula manufacturers to develop and introduce more advanced products. Research is being conducted on the development of small and pain-free devices for vaginal examination. A unique bi-valve vaginal speculum applicator provides a direct view of the cervix while allowing for CT-guided catheter placement. Further, new interstitial brachytherapy (ISBT) devices are offered with intracavitary applicators. The use of additional interstitial needle applicators under CT guidance improves intracavitary dose distribution while expanding the entire vaginal canal and aiding visual confirmation of the position of the needle tip at the tumor location.
Researchers at Duke University are testing a tampon-size device with a 2-megapixel camera attached at its end for better visualization of the cervix. The light source and camera are designed to aid visibility and improve patient outcomes. Such developments in vaginal specula create significant growth opportunities for the market players.
A few examples of companies that have participated in mergers and acquisitions are listed below:
Such mergers and acquisitions by market players are driving the vaginal specula market.
Based on the product, the vaginal specula market is bifurcated into vaginal speculum with smoke evacuator and vaginal speculum without smoke evacuator. The vaginal speculum without smoke evacuator segment hold the largest share of the market in 2022. However, the vaginal speculum with smoke evacuator segment is anticipated to register the highest CAGR during the forecast period. During pelvic exams, clinicians utilize a vaginal speculum as a tool. Cervical cancer has a higher possibility of prevention and treatment than many other types of cancer. Although it remains one of the severe threats to women's health globally, it can be managed effectively and prevented with HPV vaccination.
Based on type, the global vaginal specula market is bifurcated into disposable and reusable. Disposable vaginal specula are softer and have a rounded edge that prevents injuries and offers comfort to patients. These specula are much cheaper than reusable specula and also reduce the cost of sterilization. The major advantage of using disposable vaginal specula is reducing contamination risk. Further, the transparent body of the device allows better visualization of the examination area.
A few techniques used for designing specula are Moore Graves, Weisman Graves, and Pederson. For manufacturing disposable vaginal specula, Graves' techniques are used and are available in various sizes. A few companies operating in the vaginal specula market, such as Welch Allyn (Hill-Rom), Henleys Medical Supplies, Dynarex, McKesson Medical-Surgical Inc., and Stericycle, offer disposable vaginal specula.
Mergers and acquisitions are highly adopted strategies by the global vaginal specula market players. A few of the recent key market developments are listed below:
In May 2021, CooperSurgical acquired OBP Medical, including its portfolio of single-use illuminated vaginal speculums, anoscopes, and laryngoscopes. CooperSurgical's purchase shows the company's commitment to creating meaningful solutions that meet providers' demands.
The regional trends and factors influencing the Vaginal Specula Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Vaginal Specula Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 955.66 Million |
Market Size by 2028 | US$ 1,180.41 Million |
Global CAGR (2022 - 2028) | 3.6% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Vaginal Specula Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Vaginal Specula Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The global vaginal specula market is segmented into product, type, procedure, end user, and geography. Based on product, the market is bifurcated into vaginal speculum with smoke evacuator and vaginal speculum without smoke evacuator. Based on type, the market is bifurcated into disposable and reusable. Based on procedure, the market is segmented into electrosurgical colposcopy, endometrial biopsy, general examination, and others. Based on end user, the market is segmented into hospitals and clinics, ambulatory surgical centers, and diagnostic centers. By geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America.
The List of Companies - Vaginal Specula Market
Global vaginal specula market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. In North America, the US is the largest market for vaginal specula market. The US is estimated to hold the largest share in the vaginal specula market during the forecast period. High incidence rate of cervical cancer in the US and focus on promoting superiority in the practice of gynecology and obstetrics through collaborations, leadership, advocacy, and education are the contributing factors for the regional growth. Additionally, Asia Pacific is the fastest growing region in the vaginal specula market. The rising prevalence of cervical cancer and the growing emphasis on tracking women's health are the key factor responsible for the Asia-Pacific regional growth for vaginal specula market accounting fastest growth of the region during the coming years.
Teleflex Inc; B.Braun Melsungen AG; Cooper Companies, Inc.; BD, Integra LifeSciences Holdings Corporation; STERIS plc; Baxter International Inc.; Splice-Cast Ltd.; RI.MOS. srl, and Vernacare are among the leading companies operating in the global vaginal specula market.
The hospitals and clinics segment dominated the global vaginal specula market and accounted for the largest market share of 58.77% in 2022.
Based on procedure, general examination segment took the forefront lead in the worldwide market by accounting largest share in 2022 and is expected to continue to do so till the forecast period.
Based on product, vaginal speculum without smoke evacuator segment took the forefront lead in the worldwide market by accounting largest share in 2022 and is expected to continue to do so till the forecast period.
The disposable type segment dominated the global vaginal specula market and accounted for the largest market share of 54.75% in 2022.
Rise in incidence of cervical cancer and increasing number of diagnostic services for women health are the most significant factors responsible for the overall market growth.
Vaginal specula refers to a medical device that is typically used to examine vaginal orifices by doctors and medical practitioners. There are different sizes of specula that allow examining cases where a woman’s hymen is intact. The instruments are made up of metal as well as non-metal medical device that gynecologist use to open vaginal wall to examine the vagina and cervix and extract cervical cells for PAP or smear examination.