Cervical cancer is one of
the most common cancers found among women, which is caused due to the infection
of human papilloma virus (HPV). Thanks to the advancements in technology, there
are now different treatments and screening methods available such as HPV
testing and Pap test, which help in the early detection of the cancer. The
traditional test for detecting cervical cancer has been Pap test; however, HPV
testing is increasingly being used nowadays in comparison to Pap test. HPV
tests help in finding HPV of high risks. Rising cases of cervical cancer has
led to a huge demand for HPV testing, thereby boosting the growth of HPV
testing and Pap test market, globally.
Driving Factors and Restraints
The global HPV testing and
Pap test market is growing at a significant rate due to the following factors:
- · Increasing cases of cervical cancer
- · Growing aging population
- · Increased government initiatives and fundin
- · Rising awareness regarding cervical cancer screening programs
Moreover, introduction of
HPV primary screening tests has opened an array of growth opportunities for
this market. However, changing regulatory guidelines for cervical cancer
screening and HPV vaccination are some of the factors that may hamper the
growth of this market. In addition, uncertain reimbursement scenario poses a
major challenge that may also impact the growth of this market.
Market Predictions
The worldwide HPV testing and Pap test market which was
estimated to be valued at USD 3,287.4 Million in 2015 is poised to reach USD
4,523.1 Million by 2020, growing at a CAGR of 6.6% from 2015 to 2020.
Geographically, North America was the dominant market in 2015, and it is also
likely to grow at the highest CAGR during the forecast period. The high growth
in this region can be attributed to the rising cases of cervical cancer,
growing awareness of cervical cancer screening programs, and increased
government support.
Based on test type, the Pap
test segment accounted for the largest share in 2015; however, the HPV testing
segment is expected to grow at the highest CAGR, owing to the shift towards the
use of HPV testing from Pap test, increasing cases of cervical cancer, and
rising awareness regarding HPV screening. Among application, the segment of
cervical screening application accounted for the largest share of the Pap test market
in 2015. Based on end-user, the laboratories segment held the largest market
share in 2015. However, the hospitals segment is projected to grow at the
highest CAGR over the coming years.
Abbott Laboratories (U.S.),
Qiagen N.V. (The Netherlands), Hologic Inc. (U.S.), Roche Diagnostics
(Switzerland), Quest Diagnostics (U.S.), and Becton, Dickinson and Company
(U.S.) are the key players operating in the global market for HPV testing.
Research Scope
The global market for HPV testing and
Pap test has been studied and forecasted on the basis of following
segmentation:
·
Test
Type: HPV Testing, Follow-up HPV Testing,
Co-testing, HPV Primary Testing, Pap Test
·
Application:
Pap Test, Cervical Cancer Screening, Vaginal Cancer Screening
·
End-User:
Laboratories, Hospitals, Physician’s Offices & Clinics
·
Geography:
North America, Europe, Asia-Pacific, RoW
Summary
The major factor driving HPV testing
& Pap test market is the increasing number of cases of cervical cancer
across the globe.
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