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North America HPV Testing And Pap Test

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North America HPV Testing and Pap Test Market size was around USD 1.73 billion in 2016. It is expected to grow at a CAGR of 6.9% to reach USD 2.41 billion by 2021.
North America HPV Testing And Pap Test Market is Expected to Increase from
$1.73 Billion in 2016 to $2.41Billion in 2021
North America HPV Testing and Pap Test Market size was around USD 1.73 billion in
2016. It is expected to grow at a CAGR of 6.9% to reach USD 2.41 billion by 2021. It
captures 50% of the global market. It is also the fastest growing market worldwide.
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.
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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.
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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 North America HPV testing market is segmented into two major
categories, namely, vaginal cancer screening and cervical cancer screening.
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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.
Market Segmentation
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Type
5.1.1 Introduction
5.1.2 HPV Testing
5.1.3 Follow-Up HPV Testing
5.1.4 Co-Testing
5.1.5 Primary HPV Testing
5.1.6 PAP Test
5.1.7 Y-o-Y Growth Analysis, By Type
5.1.8 Market Attractiveness Analysis, By
5.1.9 Market Share Analysis, By Type
Application
5.2.1 Introduction
5.2.2 Cervical Cancer Screening
5.2.3 Vaginal Cancer Screening
5.2.5 Market Attractiveness Analysis, By
5.2.6 Market Share Analysis, By
End User
5.3.1 Introduction
5.3.2 Laboratories
5.3.3 Hospitals
5.3.4 Physicians’ Offices and
5.3.5 Y-o-Y Growth Analysis, By End
5.3.6 Market Attractiveness Analysis, By End
5.3.7 Market Share Analysis, By End User
On the basis of geography the North America market is segmented into US, Canada and
Mexico. In 2016, North America commanded the market in terms of revenue because of the
continual introduction of innovated technologies to improve patient care and diagnosis.
Additionally, the high number of positive cases being detected, coupled with the increasing
death toll (i.e., 2.6 in 1,00,000), has forced the government to carry out awareness
programmes regarding the early diagnosis and treatment of cervical cancer, which is a
major factor for the large market share.
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.
Scope of the Report:
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Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to
also identify the regions that are still untapped
Segment-level analysis in terms of application, test type and end user along with
market size forecasts and estimations to detect key areas of industry growth in detail
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Identification of key drivers, restraints, opportunities, and challenges (DROC) in the
market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the north
america market; which includes broadly demographic, economics, and political,
among other macro-environmental factors presented in an extensive PESTLE
Analysis
Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition
and business strategy development
A comprehensive list of key market players along with their product portfolio,
current strategic interests, key financial information, legal issues, SWOT analysis and
analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations
in the field along with new product launches, comparative financial studies and
recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decisionmaking personnel can rapidly become acquainted with background information,
concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide
both individuals and organizations a strong financial foothold in the market
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Author
Bhargav
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