by The global cervical dilator market consists of various dilators that help facilitate childbirth and reduce cervical cancer risks. Cervical dilators gently stretch and open the cervix during labor and help physicians perform minor gynecological procedures painlessly. Moreover, they allow for nonsurgical treatment by dilating the cervix before procedures such as biopsies, IUD insertions, and endometrial ablations.
The global cervical dilator market is estimated to be valued at US$ 123.5 MN in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players: Key players operating in the global Cervical Dilator Market include CooperSurgical Inc., MEDGYN PRODUCTS INC., Sklar Surgical Instruments, Panpac Medical Corp., Medline Industries LP., Medicem Inc., Hologic Inc., Laborie, Minerva Health Solutions Inc., Marina Medical Inc., Cook Medical, Vernacare, Teleflex Incorporated, Thomas Medical, and Surtex Instruments Limited.
Growing demand: Increasing prevalence of cervical cancer and growing awareness about cervical cancer screening programs are fueling market growth. According to WHO, cervical cancer ranks as the fourth most frequent cancer in women with an estimated 604,000 new cases in 2020.
Global expansion: Market players are expanding their geographical footprint through new product launches and partnerships. For instance, CooperSurgical Inc. launched an expandable cervical dilator in 2021 to facilitate IUD insertion. Similarly, Hologic Inc. partnered with Femasys Inc. to develop a hormonal IUD insertion system using a cervical dilator.
Market key trends: One of the key trends aiding the cervical dilator market growth is the increasing adoption of minimally invasive procedures. Advanced dilators designed for office use allow performing minor gynecological procedures like IUD insertions and endometrial biopsies in an outpatient setting comfortable for patients. This trend is expected to drive the future market opportunities.
Porter’s Analysis
Threat of new entrants: New entrants find it difficult to enter the market due to presence of established players and requirement of large capital investments.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes and presence of established brands.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to presence of multiple raw material suppliers.
Threat of new substitutes: Threat of new substitutes is low as cervical dilators have limited substitutes.
Competitive rivalry: Market is consolidated with presence of global and regional players leading to high competitive rivalry.
Geographical Regions
North America accounts for the largest share in the global cervical dilator market owing to high healthcare expenditure, availability of advanced cervical procedures, and presence of major players.
Asia Pacific is expected to witness the fastest growth over the forecast period due to increasing awareness, rising healthcare expenditure, growing women population, and expanding medical tourism industry.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research.
2. We have leveraged AI tools to mine information and compile it.
