• Mon. Aug 2nd, 2021

Capsule Endoscopy Market 2020-2026 to See Stunning Growth Worldwide || Leading Players – INTROMEDIC, Chongqing Jinshan Science & Technology (Group) Co., Ltd, Medtronic, Olympus Corporation

A transparent research method has been accomplished with the right tools and techniques to make this Capsule Endoscopy Market research report world-class. Two of the most widely used techniques namely SWOT analysis and Porter’s Five Forces Analysis have been used while generating this report. Competitive analysis conducted in this report puts light on the moves of the key players in the Healthcare industry such as new product launches, expansions, agreements, joint ventures, partnerships & recent acquisitions. Capsule Endoscopy Market research report adoption plays an essential role for the business growth as it supports with the better decision making, enhancing revenue generation, prioritizing market goals and results in profitable business.

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Market Analysis: Global Capsule Endoscopy Market

Global capsule endoscopy treatment market is expected to grow with 11.95% CAGR in the forecast period of 2019-2026. The report contains data from the historic year of 2017, base year of 2018. Growing expansions in the field of technologies for diagnosing the digestive disorder is acting as an opportunity for this market growth.

Major Market Competitors/Players

Few of the major competitors currently working in the global capsule endoscopy treatment market are Boston Scientific Corporation, CapsoVision Inc., ConMed Corporation, Cook, The Guidant Group, , INTROMEDIC, Chongqing Jinshan Science & Technology (Group) Co., Ltd, Medtronic, Olympus  Corporation, RF Co.,Ltd., Fujifilm Holdings Corporation, Check-Cap,  Accu-Read, INC., Interscope Inc, among others.

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Report Highlights:

  • Shifting Industry dynamics
  • In-depth Capsule Endoscopy Market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Market Definition: Global Capsule Endoscopy Market

Capsule endoscopy is a technology used for the detection of digestive disorders. It is performed to detect Crohn’s disease, celiac disease, gastrointestinal tumors, bleeding among others. The components of capsule endoscopes include a camera, a transmitter and a light source. The capsule offers real-time data to expedite the diagnosis process which leads to earlier treatment and sooner retrieval in the gastrointestinal complications. The easy assessment in the internal organ and precise data boosts the market growth.

Segmentation: Global Capsule Endoscopy Market

Capsule Endoscopy Market : By Product

  • Small Bowel Capsule
  • Colon Capsule
  • Esophageal Capsule

Capsule Endoscopy Market : By Component

  • Camera Capsule
  • Workstation
  • Data Recorder

Capsule Endoscopy Market : By Type

  • Wireless Capsule Endoscopy
  • Receiver Capsule Endoscopy
  • Others

Capsule Endoscopy Market : By Application

  • Intestine Disease
  • Crohn’s Disease
  • Gastrointestinal Bleeding
  • Tumours
  • Others

Capsule Endoscopy Market : By End Users

  • Hospitals
  • Diagnostic Laboratories
  • Ambulatory Surgery Centres
  • Others

Capsule Endoscopy Market : By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • Rest of Middle East and Africa

Capsule Endoscopy Market Drivers:

  • Prevailing aging population and increasing cases of digestive disorder will drive the market growth
  • Growing cases of peptic ulcer, colon cancer and crohn’s disease is another factor uplifting the market growth
  • Rising screening and diagnostic technologies will also enhance the demand of this market in the forecast period
  • It is a minimally invasive procedure for detecting the digestive disorder along with faster and easier detection; this is another factor driving the market growth

Capsule Endoscopy Market Restraints:

  • High cost of the technologies is one of the factor restricting the growth of this market
  • Lack of skilled professional will also impede the market growth in the forecast period

Key Developments in the Capsule Endoscopy Market:

  • In March 2016, Medtronic received the U.S. Food and Drug Administration (FDA) approval for, PillCam COLON 2 capsule, a compact sized edible capsule endoscope, which provides the detailed visualization of the colon for the assessment of polyps in patients. The product will offer the early diagnosis and better treatment of chronic gastrointestinal diseases and cancers
  • In May 2014, Olympus launched ENDOCAPSULE 10, a minimally invasive advanced system for small bowel capsule endoscopy procedures. The product offers detailed images of the small intestine with enhanced efficiency. It also supports patient comfort with enhanced quality of care at low cost. This product launch will enhance the product portfolio of the company.

Research Methodology: Global Capsule Endoscopy Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Reasons to Purchase this Report

  • Current and future of global capsule endoscopy market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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