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Global Capsule Endoscopy Market Insights Report 2019 – 2025 : Boston Scientific Corporation, CapsoVision Inc., ConMed Corporation, Cook, The Guidant Group, , INTROMEDIC and others

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.

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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.

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.

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

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

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Segmentation: Global Capsule Endoscopy Market

By Product

  • Small Bowel Capsule
  • Colon Capsule
  • Esophageal Capsule

By Component

  • Camera Capsule
  • Workstation
  • Data Recorder

By Type

  • Wireless Capsule Endoscopy
  • Receiver Capsule Endoscopy
  • Others

By Application

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

By End Users

  • Hospitals
  • Diagnostic Laboratories
  • Ambulatory Surgery Centres
  • Others

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

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Key Developments in the 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.

Competitive Analysis

Global Capsule Endoscopy treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of capsule endoscopy treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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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)

Table of Contents:

  • Introduction
  • Market Segmentation
  • Market Overview
  • Executive Summary
  • Premium Insights
  • Global, By Component
  • Product Type
  • Delivery
  • Industry Type
  • Geography
  • Company Landscape
  • Company Profiles
  • Related Reports

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