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Asia Pacific HPV Testing And Pap Test Market (1)

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Asia Pacific HPV Testing and Pap Test Market size was around USD 520 million in 2016. It is expected to grow at a CAGR of 6.7% to reach USD 720 million by 2021.
Asia Pacific HPV Testing And Pap Test Market s expected to touch $720 Million
by 2021 | Market Data Forecast
Asia Pacific HPV Testing and Pap Test Market size was around USD 520 million in 2016. It is
expected to grow at a CAGR of 6.7% to reach USD 720 million by 2021. It captures 15% of the
global market.
The Papanicolaou test is a procedure of cervical screening utilized for detecting potentially precancerous 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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Market Segmentation
Type
Introduction
HPV Testing
Follow-Up HPV Testing
Co-Testing
Primary HPV Testing
PAP Test
Application
Introduction
Cervical Cancer Screening
Vaginal Cancer Screening
End User
Introduction
Laboratories
Hospitals
Physicians’ Offices and Clinics
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 Asia
Pacific 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.
On the basis of geography the Asia Pacific market is segmented into India, China, Korea, Japan
and others. It is the third largest market in terms of market share and second largest in terms of
CAGR. China is the leading market in this region.
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
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 asia pacific
market; which includes broadly demographic, economics, and political, among other
macro-environmental factors presented in an extensive PESTLE Analysis
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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 decision-making
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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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.
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Market Data Forecast
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Bhargav
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