Specula Market Size, Share & Trends Analysis Report By Type (Vaginal Specula, Eye Specula), By Material (Chrome, Plastic, Stainless Steel), By Usability (Disposable, Reusable), By End-use, And By Region, And Segment Forecasts, 2022 To 2030

The global specula market is growing immensely owing to several growth factors such as increasing awareness towards women and their vaginal health along with the rising cases of eye-related disorders. The constant evolution in the healthcare sector is estimated to boost the adoption of specula among the healthcare professionals. Additionally, evolving trends for surgical and medical interventions along with the rising demand for cosmetic surgeries are anticipated to surge the demand for ear speculum. Stringent regulatory landscape and high risk of infection are anticipated to impede the market growth.

The availability of advanced technological products for the treatment and diagnosis of gynecological problems across developing and developed economies is estimated to contribute towards the market growth. In terms of type, the market is classified into vaginal specula, eye specula, and others. Based on material, the market is divided into chrome, plastic, stainless steel, and others. On the basis of usability, the market is bifurcated into reusable and disposable. On the basis of end-use, the market is segmented into hospitals, ambulatory surgical centers, diagnostic centers, and others.

Specula Market Segmentation

Asia Pacific is expected to hold the fastest CAGR in the forecast period owing to increasing cases of ear-related disorders, recent advancements in healthcare infrastructure, increasing awareness regarding vaginal health, and the government initiatives for cervical cancer screening programs is projected to accelerate regional growth.

Some of the major companies operating in the specula market are Integra LifeSciences, CooperSurgical, BD, Medline Industries, B. Braun Melsungen AG, Harman, STERIS Corporation, MedGyn Products, Inc. and Welch Allyn. These companies are focusing on several strategic developments such as mergers & acquisitions, product launch, partnerships, joint ventures, and others to expand their reach. For instance, in May 2021, CooperSurgical announced the acquisition of OBP Medical, containing its portfolio of single-use illuminated vaginal speculums.