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Capsule Endoscopy System Market, Global Outlook and Forecast 2023-2030

Capsule Endoscopy System Market, Global Outlook and Forecast 2023-2030

  • Published on : 03 August 2023
  • Pages :79
  • Report Code:SMR-7768546

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Report overview

Capsule endoscopy is a non-invasive technique that allows the complete examination of the gastrointestinal tract using a wireless, disposable device known as a video capsule, which is equipped with a camera, battery, transmitter and a light source. Video capsules capture images in the esophagus, stomach and small intestine, which are utilized for the diagnosis of gastrointestinal diseases. The integrated camera in the capsule takes around two pictures every second and the battery of the capsule lasts for around 8 hours. Capsule endoscopy system includes a work station, data recorder, sensor and software, which are used in integration with wireless capsules. Data recorder is a device, which needs to be worn around the patient?s waist so that the data captured by video capsule can be transmitted through sensors. Data recorders can also locate the position and movement of the capsule inside the stomach.
This report aims to provide a comprehensive presentation of the global market for Capsule Endoscopy System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Capsule Endoscopy System. This report contains market size and forecasts of Capsule Endoscopy System in global, including the following market information:
Global Capsule Endoscopy System Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Capsule Endoscopy System Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Capsule Endoscopy System companies in 2022 (%)
The global Capsule Endoscopy System market was valued at US$ 278.7 million in 2022 and is projected to reach US$ 478.8 million by 2030, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
According to the American Cancer Society, around 141,000 people were diagnosed with colorectal cancer in the United States and approximately 49,000 people died in 2011. Moreover, colorectal cancer is the third most commonly diagnosed disease and is also the third leading cause of deaths in the United States. Thus, a large patient base of gastrointestinal (GI) disease requires adequate diagnosis and monitoring. Given Imaging was the first company to develop capsule endoscopy model, which was introduced in the developed countries in 2001. The capsule endoscopy system has emerged as an effective management and diagnosis technique for GI diseases such as Crohn?s disease, colorectal cancer, obscure gastrointestinal bleeding, polyposis syndromes and small bowel tumors.
We surveyed the Capsule Endoscopy System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Capsule Endoscopy System Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Capsule Endoscopy System Market Segment Percentages, by Type, 2022 (%)
Capsule Endoscope
Workstations and Recorders
Global Capsule Endoscopy System Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Capsule Endoscopy System Market Segment Percentages, by Application, 2022 (%)
Small Bowel Diseases
Esophageal Diseases
Colonic Diseases
Global Capsule Endoscopy System Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Capsule Endoscopy System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Capsule Endoscopy System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Capsule Endoscopy System revenues share in global market, 2022 (%)
Key companies Capsule Endoscopy System sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Capsule Endoscopy System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Given Imaging Ltd.
Olympus Corporation
IntroMedic Co. Ltd.
CapsoVision Inc.
Chongqing Jinshan Science & Technolgy (Group) Co. Ltd
IntroMedic Co., Ltd.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Capsule Endoscopy System, market overview.
Chapter 2: Global Capsule Endoscopy System market size in revenue and volume.
Chapter 3: Detailed analysis of Capsule Endoscopy System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Capsule Endoscopy System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Capsule Endoscopy System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.