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Capsule Endoscopy Market Size, Share Global Analysis Report, 2020–2026

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Capsule Endoscopy Market By Product (Capsule Endoscopes and Components), By End Users (Research Centers, Hospitals, Clinics, and Other End Users), By Application (Crohn’s Disease, Small Bowel Diseases, Obscure Gastrointestinal Bleeding (OGIB), and Other Diseases), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global capsule endoscopy industry. The report analyzes and declares the historical and current trends analysis of the global capsule endoscopy industry and subsequently recommends the projected trends anticipated to be observed in the global capsule endoscopy market during the upcoming years.

Global Capsule Endoscopy Market Size

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The global capsule endoscopy market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire global capsule endoscopy market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global capsule endoscopy industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global capsule endoscopy industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global capsule endoscopy market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global capsule endoscopy industry. The global capsule endoscopy market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global capsule endoscopy sector. Key strategic developments in the global capsule endoscopy market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global capsule endoscopy market are appropriately highlighted in the report.

Capsule endoscopes involve tiny endoscopy systems that can be operated wirelessly and can capture thousands of clear images of the body’s internal tracts. A tiny camera and wireless connectivity system are packed into a vitamin supplement-sized capsule to take thousands of shots of the body’s internal routes and outsource those images to the wireless recorder. These tiny capsule endoscopes can travel through extremely slim paths for a thorough examination, which is not possible through traditional endoscopes.

Some of the key factors driving the global capsule endoscopy market are the considerable rise in the victim count suffering from gastrointestinal disorders worldwide. Moreover, the majority of the patients prefer non-invasive methods for the diagnosis of such digestion-related problems. However, limited battery life and lack of efficient locomotive system in the tiny capsules are likely to decelerate the expansion rate of the global capsule endoscopy market throughout the study timeframe.

The global capsule endoscopy market research report delivers an acute valuation and taxonomy of the global capsule endoscopy industry by practically splitting the market on the basis of different products, end-users, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global capsule endoscopy industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global capsule endoscopy industry is provided for the leading economies of the world.

The global capsule endoscopy market is segmented based on the product, end-user, application, and region. Based on the product, the global capsule endoscopy market is segmented into capsule endoscopes and components. By the end-user, the industry is bifurcated into research centers, hospitals, clinics, and other end users. Application-wise, the global sector is categorized into Crohn’s disease, small bowel diseases, Obscure Gastrointestinal Bleeding (OGIB), and other diseases.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 370 Million

Projected Market Size in 2026

USD 640 Million

CAGR Growth Rate

8% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

IntroMedic, RF Co. Ltd., Medtronic PLC, Fujifilm Holding Corporation, Olympus Corporation, AccuRead Endoscopy Inc., and CapsoVision Inc., among others.

Key Segment

By Product, By Application, By End-Users, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoSome of the essential players operating in the global capsule endoscopy market, but not restricted to include

  • IntroMedic
  • RF Co. Ltd.
  • Medtronic PLC
  • Fujifilm Holding Corporation
  • Olympus Corporation
  • AccuRead Endoscopy Inc.
  • CapsoVision Inc.
  • among others.

logoThe taxonomy of the global capsule endoscopy market by its scope and segmentation is as follows:

logo Product Segmentation Analysis

  • Capsule Endoscopes
    • Esophageal Capsule
    • Bowel Capsule
    • Colonic Capsule
  • Components
    • Recorder Market
    • Workstation Market
    • Image Receiver
    • Others Market

logo End-User Segmentation Analysis

  • Research Centers
  • Hospitals
  • Clinics
  • Other End Users

logo Application Segmentation Analysis

  • Crohn’s Disease
  • Small Bowel Diseases
  • Obscure Gastrointestinal Bleeding (OGIB)
  • Other Diseases

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Industry Major Market Players

  • RF Co. Ltd.
  • Medtronic PLC
  • Fujifilm Holding Corporation
  • Olympus Corporation
  • AccuRead Endoscopy Inc.
  • CapsoVision Inc.
  • IntroMedic

Frequently Asked Questions

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global capsule endoscopy industry. The report analyzes and declares the historical and current trends analysis of the global capsule endoscopy industry and subsequently recommends the projected trends anticipated to be observed in the global capsule endoscopy market during the upcoming years.
The global capsule endoscopy market is bifurcated into components and capsule endoscopes. Between both, the capsule endoscopes held the major share of the market in 2019, as the capsule endoscope plays a crucial role in comprehensively evaluating gastrointestinal tracts. The device can pass through those organs of the tract, which are not possible to examine using traditional endoscopy technologies. Moreover, the capsule can be ingested orally and does not require any sort of invasive procedures for diagnosis.
According to study, the global Capsule Endoscopy Market size was worth around USD 370 billion/million in [2019] and is predicted to grow to around USD 640 billion/million by [2026].
The CAGR value of Capsule Endoscopy Market is expected to be around 08% during [2020]-[2026].
The regional segmentation of the global capsule endoscopy industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global capsule endoscopy industry is provided for the leading economies of the world.
The global Capsule Endoscopy Market report profiles some of the key players operating in the market. The key players in the market are IntroMedic, RF Co. Ltd., Medtronic PLC, Fujifilm Holding Corporation, Olympus Corporation, AccuRead Endoscopy Inc., and CapsoVision Inc., among others.