Cytology Brushes Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The cytology brushes market was anticipated to register a CAGR of nearly 5.2% during the forecast period.
Key HighlightsNorth America dominates the market and it is expected to maintain its dominance throughout the forecast period. Significant awareness about chronic ailments and regular health screening, favorable government reimbursement policies, and availability of sophisticated healthcare infrastructure are key factors promoting the use of cytology brush in the North America region.
In addition, the United States exhibits a large pool of local manufacturers offering a vast portfolio of products developed specifically for cytology applications. Furthermore, approvals and commercialization of products in the region, R&D activities by educational institutes and industry players, and high healthcare spending are some secondary factors contributing to the revenue generated in this region.
Asia-Pacific is anticipated to witness lucrative growth over the forecast period. Due to the large geriatric population, unhealthy lifestyle, and socioeconomic conditions, there is a high incidence of chronic diseases across the Asia Pacific region. Hence, larger target population, increase in awareness about screening, and investment of multinational companies in this region are some of the factors expected to boost the regional market growth in the coming years.
Competitive LandscapeThis industry is highly fragmented with the presence of several local players. The major players include companies, such as Boston Scientific Corporation, Conmed Corporation, Cook, Olympus America, and Telemed Systems Inc.
These companies are actively involved in product innovations and technological advancements, to ensure better recognition and push product sales. For example, Boston Scientific Corporation launched RX Cytology Brush. It is wire-guided cytology Brush having a double-lumen wire-guided catheter for the collection of cells and the detection of malignant neoplasms in the biliary duct.
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