Vaginal Speculum Market: Global Opportunity Analysis and Industry Forecast 2023-2030 Market

Vaginal speculums are devices used by doctors and are utilized when pelvic exams are performed. They are produced of various materials, such as plastic, stainless steel, and chrome, with a structure similar to a duck’s bill and are hinged. Vaginal speculums are placed in the vagina to open it smoothly. These vaginal speculums are available in various sizes. The physician chooses the appropriate size of the speculum based on the patient’s age, width, and length of the vagina. Physicians avails the speculums to hold and spread the walls of the vagina during pelvic examination. It helps the doctor to analyze the cervix and vagina, and perform a comprehensive pelvic exam. This helps in assessing the patient’s reproductive system health. In addition, it helps in the diagnosis of any problems or conditions in the vagina. These exams are carried out along with back, breasts, and abdominal exams. Doctors usually look for the following symptoms or signs for detection of the problems:

• Redness
• Irritation
• Swelling
• Sores

COVID-19 scenario analysis:

• To take care of the infected population, the demand for medical supplies is increasing. Respiratory support devices, such as atomizer, life-support machine, oxygen generator, and monitor, are among the majorly used medical devices in primary clinical treatment. 
• Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising both from healthcare professionals and civil populations for precautionary measures. 
• Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.
• Attributed to such factors, COVID-19 is expected to have a significant impact on the gamma probe device market.

Top impacting factors: Market scenario analysis, trends, drivers and impact analysis

Significant rise in the case of cervical cancer observed in women along with the rise in rate of the diagnosis and treatment for the same; evolution in the healthcare sector; initiatives by the government for screening programs that lower the costs; acquisitions and mergers by the key manufacturers; and recurrent research and upgrades in technology are the major factors propelling the growth of the vaginal speculum market. Furthermore, non-governmental organizations are spreading awareness about women health and there has also been continuous improvement for the betterment of vaginal specula that boost the vaginal speculum market. Moreover, increase in R&D activity also affects the growth of the vaginal speculum market positively.

On the other hand, less awareness for the treatment of cervical cancer in underdeveloped countries; no preference for vaginal speculum products by the patients; rise in surgery cost, infection risk are the major challenges faced by the vaginal speculum market. Along with this, strict regulatory policies also hamper the growth of the vaginal speculum market.

New product launches to boost the market

On May 4th, 2017, OBP Medical introduced an extra-small sized and an extra-large sized OfficeSPEC and ER-SPEC vaginal specula.

Surge in usage in hospital applications

Hospitals, diagnostic centers, and ambulatory surgical centers are the major consumers of the vaginal speculum market. Amongst them, hospital and diagnostics center are the biggest end users in the market. Along with this, ambulatory surgical centers are also growing at an accelerating rate.

Key benefits of the report:

• This study presents the analytical depiction of the vaginal speculum market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the vaginal speculum market share.
• The current market is quantitatively analyzed to highlight the vaginal speculum market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the vaginal seculum market research report:

• Which are the leading market players active in the vaginal speculum market?
• What are the current trends that will influence the vaginal speculum market in the next few years?
• What are the driving factors, restraints, and opportunities of the vaginal speculum market?
• What are the projections for the future that would help in taking further strategic steps?

 Vaginal Speculum Market: Global Opportunity Analysis and Industry Forecast 2020–2027 Report Highlights