Cervical Cancer Screening Market Was Valued at USD 8,152.6 million in 2021 Owing to Increased Prevalence of HPV infection

According to Precision Business Insights (PBI) latest report, the global cervical cancer screening market is worth USD 8,152.6 million in 2022, growing at a 5.4% CAGR from 2022 to 2028. The global cervical cancer screening market is segmented into the following types: By Test Type (Pap Smear Tests, HPV Tests, LBC Tests, Others) and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Forecast to 2028. Key players in the cervical cancer screening market report are Hologic, Inc., Abbott, QIAGEN, F. Hoffmann-La Roche Ltd, Quest Diagnostics Incorporated, Becton, Dickinson and Company, Cooper Surgical Inc., Arbor Vita Corporation. An increase in the prevalence of cervical cancer due to the surge in the global female population is a considerable factor surge the growth of the cervical cancer screening market over the forecast years. Moreover, raising awareness about the cancer diseases among the people in developed countries, the surge in demand for early-stage disease diagnosis, and favorable reimbursement policies are enhancing the market's revenue. In addition, the increase in consumption of tobacco and alcohol among the female population, the surge in prevalence of HPV infection, increase in the incidence of unsafe sex also boost the market over the forecast timeframe. The development of newer tests to diagnose cervical cancer more efficiently and expansion of the business into low-income markets and high prevalence of cervical cancer countries creates some opportunities for marketers.

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The Pap smear tests segment Dominates the Cervical Cancer Screening Market.
In the cervical cancer screening market, the pap smear tests segment is estimated to lead the global cervical cancer screening market in 2022 in terms of value and volume, owing to increased government funding and insurance coverage. The global acne treatment market is mainly driven by the increased prevalence of cervical cancer cases and fundraising for screening programs. Changes in the screening criteria, screening rates, lack of awareness about cervical cancer, and adoption of alternate testing procedures will hinder the market growth.

North America Leads Cervical Cancer Screening Market:
North American cervical cancer screening market held the highest market share of 42.7% in 2021. The aging female population, the high incidence of cervical cancer, and rising HPV infection rates drive growth in the North American market. In addition, Europe will be the second-largest shareholder owing to the favorable health reimbursement and rapid adoption of advanced cervical cancer screening procedures.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global cervical cancer screening market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.

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Detailed Segmentation:
Based on the Test Type, the market is segmented into the following:
• Pap Smear Tests
• HPV Tests
• LBC Tests
• Others

Based on the geography, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

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