Capsule Endoscopy Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026


Posted August 12, 2019 by FutureWise20

Capsule endoscopy market is estimated to value over US $ 1 billion by the end of 2026 and grow at a CAGR of over 8.5% during the forecast period of 2019-2026.

 
Capsule endoscopy market is estimated to value over US $ 1 billion by the end of 2026 and grow at a CAGR of over 8.5% during the forecast period of 2019-2026.

Capsule endoscopy (CE) is the procedure which utilizes the minuscule bugged camera for capturing images of digestive tract. The camera is placed in a minuscule capsule which is swallowed down. The capsule advances over the digestive tract, alongside the camera grabbing numerous pictures which are transferred to a recorder which is located across the waist. It allows the doctor to have a look inside the small intestine. The small intestine area isn’t available with procedures of traditional endoscopy. Capsule endoscopy befits in situations where a doctor requires to find diagnose swelling bowel disease and cancer. Doctors use capsule endoscopy find the source of gastrointestinal bleeding. According to industrial experts, capsule endoscopy is more productive and preferred over x-rays of barium for the treatment of Gastrointestinal bleeding. The market is divided into oesophageal, colon and small bowel capsules. Small bowel capsules control majority of the share. 
Vast advancements in technology are making capsule endoscopy a more familiar procedure. It has created a huge opportunity for manufacturers and led to the inclusion of capsule endoscopy in national & international guidelines. The government's initiatives and rising demand for quick and accurate diagnostic tools have further fuelled the market. The Australian government in 2018 reduced the fee for capsule endoscopy. Also, the Canadian administration in 2013 launched a project in Bangladesh which aimed at developing economical and affordable devices that can be used to distinguish gastrointestinal bleeding. Capsule endoscopy is a major technological innovation in recent times due to the high demand for primary diagnosis and management of bowel diseases. 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. But the absence of skilled professionals alongside the expensive cost of advanced technologies has restrained the growth of the market. 

 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 and others.

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Capsule Endoscopy Market Restraint:
•    Absence of skilled professionals 
•    Expensive cost of advanced technologies

Capsule Endoscopy Market Segmentation
By Component
•    Endoscopy Capsule Systems
•    Workstations and Recorders

By End User
•    Hospitals 
•    Pathology Laboratories 
•    Outpatient Centre

By Region:
•    North America
•    Latin America
•    Europe
•    Asia Pacific
•    Rest of the World

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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, 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

Table of Contents

Introduction
Scope and Objective
Assumptions and Acronyms
Forecast Factors
Research Methodology
Executive Summary
Industry Cluster Analysis
Competition Matrix
Strategies Recommendations
Market Definition
Report Scope (Inclusions & Exclusions)
Market Segmentation
Global Capsule Endoscopy Market Overview
Global Capsule Endoscopy Market Revenue (USD Mn)
Key Inclusions
Porter’s Five Force analysis
Market Dynamics
Industry Trends
Regulatory Guidelines
Opportunities in Capsule Endoscopy
Competition Dynamics
Company Share Analysis (2018)
Top 10 Product Pricing by Region
Global Capsule Endoscopy Market Revenue (USD Mn), 2018-2026 by Component
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Component, 2018-2026
Endoscopy Capsule Systems
Workstations and Recorders
Global Capsule Endoscopy Market Revenue (USD Mn), 2018-2026 by End User
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Pathology Laboratories
Outpatient Centre
Global Capsule Endoscopy Market Revenue (USD Mn), 2018-2026 by Region
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Region,2026
North America
Latin America
Europe
Asia Pacific
Rest of world
North America Capsule Endoscopy Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments       
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
US
Canada
Market Revenue (USD Mn) Assessment and Forecast by Component, 2018-2026
Endoscopy Capsule Systems
Workstations and Recorders
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Pathology Laboratories
Outpatient Centre
Latin America Capsule Endoscopy Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments       
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Brazil
Mexico
Argentina
Rest of Latin America
Market Revenue (USD Mn) Assessment and Forecast by Component, 2018-2026
Endoscopy Capsule Systems
Workstations and Recorders
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Pathology Laboratories
Europe America Capsule Endoscopy Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments       
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Germany
France
Spain
UK
Russia
Poland
Rest of Europe
Market Revenue (USD Mn) Assessment and Forecast by Component, 2018-2026
Endoscopy Capsule Systems
Workstations and Recorders
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Pathology Laboratories
Asia Pacific America Capsule Endoscopy Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments       
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Emerging Asia
China
India
ASEAN-5
Rest of Emerging Asia
Japan
Market Revenue (USD Mn) Assessment and Forecast by Component, 2018-2026
Endoscopy Capsule Systems
Workstations and Recorders
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Pathology Laboratories
Rest of World America Capsule Endoscopy Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments       
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Middle East
South Africa
North Africa
Rest of World
Market Revenue (USD Mn) Assessment and Forecast by Component, 2018-2026
Endoscopy Capsule Systems
Workstations and Recorders
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Pathology Laboratories
Company Profiles
Competition Landscape
Global Company Share (USD Mn) Overview, 2018
Company Profiles
CapsoCam Plus
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Chongqing Jinshan Science & Technology
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
IntroMedic Inc.
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Olympus Global
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Medtronic Plc.
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Given Imaging Ltd.
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Research Sources & Primary Verbatim

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Issued By FutureWise Market Research & Reports
Country India
Categories Biotech
Last Updated August 12, 2019