Capsule Endoscopy Market Introduction

The global capsule endoscopy market is estimated to value over US $ 1 billion by the end of 2027 and grow at a CAGR of over 8.5% during the forecast period of 2020-2027.

The process of capturing digestive tract pictures using a tiny  wireless camera is known as capsule endoscopy. A minuscule capsule carrying the endoscopy camera is swallowed which then travels through the digestive tract. On the other hand, the camera takes a lot of pictures which are then transmitted to a recorder that is mounted on a waist belt. This method enables the doctors to have a look at the smaller intestine without any surgical procedures and this method is also more efficient than the conventional endoscopy method which uses wire. Capsule endoscopy is now approved for colon screening looking for polyps. Technological advancements are helping in regularizing the capsule endoscopy for colon screening.

Capsule Endoscopy Market Overview

The increasing importance of minimal invasive in primary diagnosis among the primary healthcare systems led to robust growth of the market. It has created a huge opportunity for manufactures and led to the inclusion of capsule endoscopy in national & international guidelines. It is a major technological innovation in recent times due to the high demand of primary diagnosis and management of bowel disorders. It is further supported by a vast quantity of research activities by manufacturers. Along with this, the rapid advancement of technologies led to a paradigm shift in the progression of broadening indications in clinical application. It is an invaluable asset for clinical practice and outperforms other investigational modalities. Additionally, increasing prevalence of gastric disorder increased the traction during the forecast period.

North America market is expected to witness high market share in the global market due to the high acceptance of advanced technologies. It is followed by the European region and it accounts a significant share in the global market. Manufacturers in developed economies are mainly focused on organic growth strategies. Asia-Pacific region is expected to witness a high market growth rate during the forecast period. Changing economic conditions in Asia Pacific region created huge opportunities for manufacturing companies. Latin America and Rest of the world market are expected to account a small fraction of market share due to limited adoption.

Capsule Endoscopy market players include CapsoCam Plus, Chongqing Jinshan Science & Technology, IntroMedic Inc., Olympus Global, Medtronic, Given Imaging Ltd., CapsoVision Inc., Fujifilm Holding Corporation, RF Co.Ltd, and AccuRead Endoscopy Inc. and others.

                                    Global Capsule Endoscopy Market


Capsule Endoscopy Market Segmentation:

By Component

  • Endoscopy Capsule Systems
  • Workstations and Recorders

By Application

  • Small Bowel diseases 
  • Esophageal diseases
  • Colonic diseases

By End User

  • Hospitals
  • Pathology Laboratories
  • Outpatient Centre

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Rest of the World

Competitive Landscape:  
•    Tier 1 players- established companies in the market with a major    market share
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants  

FutureWise Key Takeaways: 
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study: 
•    To provide with an exhaustive analysis on the global Capsule Endoscopy Market by Component, by End User,by Application and by Region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies  


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics