Latin America HPV Testing And Pap Test Market is Expected to Increase from $240 Million in 2016 to $320 Million in 2021 at a CAGR of 9.7% for 2016-2021
Latin America HPV Testing And Pap Test Market By Application (Pap Test (Vaginal Cancer, Cervical Cancer)), By Test Type (HPV Testing (Co-Testing, Follow-Up, Primary)), By End User (Physicians’ Offices And Clinics, Laboratories, Hospitals)
(EMAILWIRE.COM, November 02, 2017 ) According to the report , published by Market Data Forecast. Latin America HPV Testing and Pap Test Market size was around USD 240 million in 2016. It is expected to grow at a CAGR of 5.5% to reach USD 320 million by 2021. It captures 7% of the global market.
The Papanicolaou test is a procedure of cervical screening utilized for detecting potentially pre-cancerous and cancerous processes in the cervix (opening of the womb or uterus). Irregular findings are usually followed up by more sensitive diagnostic tests, and based on the need interventions that prevent progression to cervical cancer are implemented.
Numerous factors for example, growing aging population, rising number of cervical cancer cases, growing awareness of cervical cancer screening programs, and government initiative and funding are driving the growth of the HPV testing market. Moreover, in order to carry out awareness campaigns, the government and major companies are funding the universities for developing enhanced technologies to facilitate effective screening, to mitigate the incidence of late-stage cervical cancer.
Get a comprehensive overview of the Report: http://marketdataforecast.com/market-reports/latin-america-hpv-testing-and-pap-test-market-3777/
In spite of that, changes in regulatory guidelines for cervical cancer screening and HPV vaccination are few factors hindering the growth of this market. Additionally, the uncertain reimbursement scenario is a major challenge inhibiting the growth of the HPV test and Pap test market.
HPV testing market is segmented into two major segments on the basis of test type, namely, HPV testing. Follow-up HPV testing, HPV primary testing and co-testing are three sub-categories of HPV testing. The Pap test category is estimated to command the largest share of the HPV testing market in 2016. HPV testing category is projected to grow at the highest CAGR in the forecast period because of the growing incidences of cervical cancer, rising awareness of HPV screening, along with the introduction of HPV primary test. If we go by application, the Latin America HPV testing market is segmented into two major categories, namely, vaginal cancer screening and cervical cancer screening.
The cervical cancer screening application category is estimated to command the largest share of the Pap test market in 2016. This large share is because of the rising incidences of cervical cancer and government initiatives to increase the awareness regarding the benefits of cervical cancer screening. Pap test market is categorized into three segments on basis of end users, namely, laboratories, hospitals, physicians’ offices and clinics. The laboratories end-user category is likely to command the largest share of the Pap test market in 2016. Moreover, the hospitals end-user category is estimated to grow at the highest CAGR in the future, because most of the diagnostic tests are carried out in-house in hospitals using advanced technologies in relatively shorter period of time.
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On the basis of geography the Latin America market is segmented into Brazil, Chile, Argentina and others. It is second to last in terms of market share. Brazil is the leading player in the region.
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Abbott Laboratories (U.S.), Qiagen N.V. (The Netherlands), Hologic Inc. (U.S.), Roche Diagnostics (Switzerland), Quest Diagnostics (U.S.), Becton, Dickinson and Company (U.S.) are the key players operating in the HPV testing market.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
The Papanicolaou test is a procedure of cervical screening utilized for detecting potentially pre-cancerous and cancerous processes in the cervix (opening of the womb or uterus). Irregular findings are usually followed up by more sensitive diagnostic tests, and based on the need interventions that prevent progression to cervical cancer are implemented.
Numerous factors for example, growing aging population, rising number of cervical cancer cases, growing awareness of cervical cancer screening programs, and government initiative and funding are driving the growth of the HPV testing market. Moreover, in order to carry out awareness campaigns, the government and major companies are funding the universities for developing enhanced technologies to facilitate effective screening, to mitigate the incidence of late-stage cervical cancer.
Get a comprehensive overview of the Report: http://marketdataforecast.com/market-reports/latin-america-hpv-testing-and-pap-test-market-3777/
In spite of that, changes in regulatory guidelines for cervical cancer screening and HPV vaccination are few factors hindering the growth of this market. Additionally, the uncertain reimbursement scenario is a major challenge inhibiting the growth of the HPV test and Pap test market.
HPV testing market is segmented into two major segments on the basis of test type, namely, HPV testing. Follow-up HPV testing, HPV primary testing and co-testing are three sub-categories of HPV testing. The Pap test category is estimated to command the largest share of the HPV testing market in 2016. HPV testing category is projected to grow at the highest CAGR in the forecast period because of the growing incidences of cervical cancer, rising awareness of HPV screening, along with the introduction of HPV primary test. If we go by application, the Latin America HPV testing market is segmented into two major categories, namely, vaginal cancer screening and cervical cancer screening.
The cervical cancer screening application category is estimated to command the largest share of the Pap test market in 2016. This large share is because of the rising incidences of cervical cancer and government initiatives to increase the awareness regarding the benefits of cervical cancer screening. Pap test market is categorized into three segments on basis of end users, namely, laboratories, hospitals, physicians’ offices and clinics. The laboratories end-user category is likely to command the largest share of the Pap test market in 2016. Moreover, the hospitals end-user category is estimated to grow at the highest CAGR in the future, because most of the diagnostic tests are carried out in-house in hospitals using advanced technologies in relatively shorter period of time.
Get accurate market forecast and analysis on the Report,
Request a sample to stay up-to-date on the main trends affecting this market: http://marketdataforecast.com/market-reports/latin-america-hpv-testing-and-pap-test-market-3777/request-sample
On the basis of geography the Latin America market is segmented into Brazil, Chile, Argentina and others. It is second to last in terms of market share. Brazil is the leading player in the region.
Inquire Before Buying: http://marketdataforecast.com/market-reports/latin-america-hpv-testing-and-pap-test-market-3777/inquire
Abbott Laboratories (U.S.), Qiagen N.V. (The Netherlands), Hologic Inc. (U.S.), Roche Diagnostics (Switzerland), Quest Diagnostics (U.S.), Becton, Dickinson and Company (U.S.) are the key players operating in the HPV testing market.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results