Capsule Endoscopy Market Size By Accessories, By Product, By Application, By Geographic Scope And Forecast


Posted March 9, 2020 by jennysmith22119

Global Capsule Endoscopy Market was valued at USD 641.5 Million in 2018 and is projected to reach USD 1111.3 Million by 2026, growing at a CAGR of 7.1% from 2019 to 2026.

 
Capsule Endoscopy Market Size And Forecast
According to Verified Market Research, Global Capsule Endoscopy Market was valued at USD 641.5 Million in 2018 and is projected to reach USD 1111.3 Million by 2026, growing at a CAGR of 7.1% from 2019 to 2026.

What is a Capsule Endoscopy?
Capsule endoscopy is a non-invasive technique that involves swallowing of a pill-sized endoscope by the patient for the capture of images of the digestive tract. The captured images are later examined for the detection of various digestive disorders. It is performed to detect Crohn’s disease, gastrointestinal tumors, celiac disease, bleeding among others. The primary components of capsule endoscopes include a camera, a transmitter and a light source. The availability of capsule endoscopes in various types for use in different parts of the digestive system includes capsule endoscopes for small bowel, colon, and esophagus.

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Global Capsule Endoscopy Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The growing prevalence of small intestinal disorders and rising geriatric population are the major factors that are expected to stimulate the growth of the global capsule endoscopy market. The advancement in capsule endoscopy technology and hybrid imaging techniques and the rising preference of patients towards advanced diagnostics are major factors contributing to the growth of the market. For instance, in August 2017, FUJIFILM Corporation launched two new products with the advanced endoscopic platform that includes ClutchCutter and FlushKnife devices. On a contrary, inadequate reimbursement policies, high cost of the diagnostic procedure, and the risk of capsule retention inside the patient’s body are some of the factors anticipated to inhibit the growth of the targeted market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Capsule Endoscopy Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Capsule Endoscopy Market Competitive Landscape
The “Global Capsule Endoscopy Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as CapsoVision, Given Imaging, IntroMedic Co., Ltd., RF System lab, Chongqing Jinshan Science & Technology (Group) Co., Ltd, Olympus Corporation, and Fujifilm Holding Corporation. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Capsule Endoscopy Market, By Accessories
• Wireless Capsule
• Workstation and Receiver

Capsule Endoscopy Market, By Product
• Small Bowel
• Esophageal
• Colon

Capsule Endoscopy Market, By Application
• Crohn’s Disease
• OGIB (Obscure Gastrointestinal Bleeding)
• Small Intestine Tumor
• Others

Capsule Endoscopy Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business
Tags capsule endoscopy market
Last Updated March 9, 2020