Global Cytology Market 2018-2022| Growing Cervical Cancer Screening Awareness to Boost Demand| Technavio

LONDON–(BUSINESS WIRE)–#LifeScienceTechnavio
analysts forecast the global cytology market to grow at a CAGR of close
to 7% during the forecast period, according to their latest market
research report. The growth momentum of the market is expected to
accelerate in the year-over-year growth.


The growing popularity of co-testing is one of the major trends being
witnessed in the global
cytology market 2018-2022
. Human papillomavirus (HPV) is
responsible for the majority of the cervical cancer cases among women.
HPV+Pap testing, which is also called as co-testing is used as a
screening tool for cervical cancer for improved detection of cervical
intraepithelial neoplasia because it is one of the safest,
cost-effective, and rapid methods. Thus, co-testing is gaining
prominence, as it is more sensitive in detecting high-grade dysplasia
and is likely to increase the demand for cytology testing.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global cytology market is the increasing cervical
cancer screening awareness:

Global cytology market: Increasing cervical
cancer screening awareness

Cervical cancer is the most common in developing as well as developed
countries which are mainly caused by human papillomavirus, which makes
the cytology testing for cancerous cell important. Screening of cervical
cancer is mainly done by using liquid-based cytology test and pap smear
test, which increases the demand for cytology testing. Also, favorable
initiatives taken by the government as well as NGOs are likely to
increase the awareness of cervical cancer screening and increase the
volume of cytology testing market.

According to a senior analyst at Technavio, “As per CDC, in 2014,
12,578 new cervical cancer cases were diagnosed, accounting for 4,115
deaths. Also, the treatment cost accounted for USD 2 billion per year
for cervical cancer in the US. Thus, many government and non-government
agencies are coming forward to raise the awareness about cervical cancer
and co-testing.”

Global cytology market: Segmentation analysis

The global cytology market research report provides market segmentation
by end-user (hospitals and clinics, research laboratories and academic
institutes, and others) and by region (the Americas, EMEA, and APAC). It
provides an in-depth analysis of the prominent factors influencing the
market, including drivers, opportunities, trends, and industry-specific
challenges.

The Americas held the largest share of the market in 2017, accounting
for 46% share. It was followed by EMEA and APAC respectively. The
dominance of the Americas can be attributed to the growing cervical
cancer screening awareness and increasing preferences for liquid-based
cytology test.

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Market Drivers

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  • Vendors covered
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  • Market positioning of vendors
  • Competitive scenario

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