Cytology and HPV Testing Market Is Ready To Grow Globally With Phenomenal Trend Diversity Between To 2022-2030

The global cytology and HPV testing market for the historical period 2017–2018 and forecast period 2019–2027, high incidence rate of HPV infections and increasing incidence of cervical cancer worldwide are projected to drive the global cytology and HPV testing market during the forecast period

According to the report, the global cytology and HPV testing market was valued at US$ 7.42 Bn in 2018 and is anticipated to expand at a CAGR of 5.9% from 2019 to 2030

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Rising Incidence of Cervical Cancer Worldwide: Key Drivers

According to the American Cancer Society, cervical cancer is one of the most common causes of cancer death for in women in the U.S. In addition, according to the organization, it has been estimated that approximately 12,990 women in the U.S. would be diagnosed with cervical cancer and 4,120 deaths would occur from this disease in 2016.

However, as per various research studies conducted by the Centers for Disease Control and Prevention, the number of new cases of cervical cancer patients and the number of deaths due to cervical cancer have decreased significantly in the past 40 years i.e., between 1955 and 1992, the cervical cancer death rate declined by almost 70% in U.S.

The decline in death rate is attributed to factors such as increased use of Pap screening test and growing awareness among cervical cancer patients about screening tests available commercially in the market and the offered benefits for disease prevention

Thus, considering all the factors mentioned above, increasing prevalence rate of cervical cancer patients, growing awareness about disease prevention, and large-scale availability of screening kits and diagnostic products are expected to increase the adoption of diagnostic tests, thereby boosting the growth of the market

Thus, increasing incidence of cervical cancer is likely to boost the cytology and HPV testing market during the forecast period

High Incidence Rate of HPV Infection to Boost Market Growth

HPV infection is one of the most common causes of cervical cancer. It accounts for about 90% of cervical cancer cases and is diagnosed through Pap smear screening and HPV testing.

The spread of HPV infection poses a great threat to an individual’s immune system and leads to the conversion of normal cervix cells into cancerous cells. Two types of HPV infections — HPV 16 and HPV 18 — account for 70% of the overall cervical cancer cases and are termed as “high-risk” infections.

According to the World Health Organization (WHO), cervical cancer is the most prevalent HPV-related disease, with an estimated 530,000 new cases every year. Furthermore, according to the Cancer Research UK, about 3,100 women are diagnosed with cervical cancer each year in the country.

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Various factors contributing to the high incidence rate of HPV infections include weakened immune system, smoking, chronic inflammation and long-term oral contraceptive use. The International Agency for Research and Cancer predicted that the rate of HPV related cervical cancer would rise by 40% in the near future.

Hence, HPV infection remains one of the leading causes of cervical cancer and rising prevalence and incidence rates are expected to drive the growth of the market

Lack of Appropriate Primary Healthcare Infrastructure to Hamper Market

Lack of proper healthcare infrastructure and the presence of outdated facilities in most of the developing countries and emerging markets are the biggest restraints of the cytology and HPV testing market

It has been observed that a large number of patients in many developing regions do not have access to modern primary healthcare infrastructure such as labs, clinics, diagnostic centers, equipment and supplies, and trained laboratory experts. Hence, inadequate and unreliable infrastructure deters the patient population from HPV and cytology testing.

Due to lack of primary care infrastructure for testing and diagnostics in various emerging countries such as Brazil, China and India, patients are constantly seeking treatment from hospitals, thereby raising the hospitalization cost rates. Consequently, most of the patients evade screening tests to avoid high hospitalization costs.

According to the Organization for Economic Co-operation and Development (OECD), Mexico spends 6.2% of its GDP on healthcare, which is lower than the average of 9.5% in OECD countries. This has resulted in lack of resources allocated for the country’s healthcare infrastructure leading to inappropriate medical care units such as operating rooms and insufficient beds.

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Therefore, insufficiency and poor distribution of resources for constructing medical infrastructure is expected to impede the growth of the cytology and HPV testing market

Global Cytology and HPV Testing Market: Competitive Landscape

This report profiles major players in the global cytology and HPV testing market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments

Leading players operating in the global cytology and HPV testing market are

  • Becton
  • Dickinson and Company
  • Cepheid, Inc.
  • Abbott Laboratories, Inc.
  • F. Hoffmann-La Roche AG
  • Fujirebio Diagnostics, Inc.
  • Arbor Vita Corporation
  • Hologic, Inc.
  • QIAGEN N.V.
  • OncoHealth Corporation

Global Cytology and HPV Testing Market: Key Developments

Key players in the global cytology and HPV Testing market are engaged in regulatory approvals, technologically advanced products, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global cytology and HPV Testing market. A few expansion strategies adopted by players operating in the global cytology and HPV Testing market are:

In September 2015, Becton, Dickinson and Company (BD) launched the BD FACSCelesta, an advanced technique for BD cell analyzer portfolio, at the American Society for Cell Biology annual meeting. The coverage of cytometer facilitates high resolution cell population and measures 14 diverse single cell characteristics which is a perfect solution for researchers

In February 2015, the company acquired Signature Diagnostics, a genomics and translational oncology company. The acquisition would strengthen Roche’s next generation sequencing (NGS) diagnostics business. Roche will leverage Signature’s unique expertise in both biobanks and NGS assays to develop novel diagnostics for cancer patients.

In February 2014, Health Canada approved the use of Aptima HPV 16 18/45 Genotype Assay on Hologic’s Panther System. This completed the HPV portfolio on the popular and fully automated laboratory system.

The report on the global cytology and HPV Testing market discussed individual strategies, followed by company profiles of manufacturers of cytology and HPV Testing. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global cytology and HPV Testing market.

Key Questions Answered in Global Cytology and HPV Testing Market Report

  • What is the scope of growth of companies in the global cytology and HPV testing market?
  • What will be the Y-o-Y growth of the global cytology and HPV testing market between 2019 and 2027?
  • What is the influence of changing trends in technologies on the global cytology and HPV testing market?
  • Will North America continue to be the most profitable market for cytology and HPV testing providers?
  • Which factors are anticipated to hamper the growth of the global cytology and HPV testing market during the forecast period?
  • Which are the leading companies in the global cytology and HPV testing market?

Global Cytology and HPV Testing Market – Segmentation

Product Type

  • HPV Testing
  • Cytology Testing

Product Sub-types

  • Assay Kits
  • Systems
  • Services

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

TABLE OF CONTENT

1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Cytology and HPV Testing Market

4. Market Overview

4.1. Introduction

4.1.1. Market Introduction

4.1.2. Industry Evolution / Developments

4.2. Overview

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. Global Cytology and HPV Testing Market Analysis and Forecasts, 2017–2027

4.4.1. Market Revenue Projections (US$ Mn)

4.5. Porter’s Five Force Analysis

5. Market Outlook

5.1. Key Mergers & Acquisitions

5.2. Technological Advancements

6. Global Cytology and HPV Testing Market Analysis and Forecasts, by Product Type

6.1. Introduction & Definition

6.2. Key Findings / Developments

6.3. Market Value Forecast by Product, 2017–2027

6.3.1. HPV Testing

6.3.1.1. Assay Kits

6.3.1.2. Systems

6.3.1.3. Services

6.3.2. Cytology Testing

6.3.2.1. Assay Kits

6.3.2.2. Systems

6.3.2.3. Services

6.4. Market Attractiveness by Product

7. Global Cytology and HPV Testing Market Analysis and Forecasts, by Region

7.1. Key Findings

7.2. Market Value Forecast by Region

7.2.1. North America

7.2.2. Europe

7.2.3. Asia Pacific

7.2.4. Latin America

7.2.5. Middle East & Africa

7.3. Market Attractiveness by Country/Region

8. North America Cytology and HPV Testing Market Analysis and Forecast

……..

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