Global Capsule Endoscopy Market, By Product (Small Bowel Capsule, Colon Capsule and Esophageal Capsule), Component (Camera Capsule, Workstation and Data Recorder), Type (Wireless Capsule Endoscopy, Receiver Capsule Endoscopy and Others), Application (Intestine Disease, Crohn’s Disease, Gastrointestinal Bleeding, Tumours and Others), End Users (Hospitals, Diagnostic Laboratories and Ambulatory Surgery Centres), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of the Middle East & Africa) Industry Trends and Forecast to 2028
The capsule endoscopy market is expected to witness market growth at a rate of 8.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on capsule endoscopy treatment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the geriatric population is escalating the growth of capsule endoscopy treatment market.
Major factors that are expected to boost the growth of the capsule endoscopy treatment market in the forecast period are the rise in the cases of peptic ulcer, colon cancer and crohn’s disease. Furthermore, the growing of screening and diagnostic technologies is further anticipated to propel the growth of the capsule endoscopy treatment market. On the other hand, the rise in the expenses of the technologies is further projected to impede the growth of the capsule endoscopy market in the timeline period.
In addition, it is a minimally invasive process for detecting the digestive disorder will further provide potential opportunities for the growth of the capsule endoscopy treatment market in the coming years. However, the dearth of skilled professional might further challenge the growth of the capsule endoscopy market in the near future.
This capsule endoscopy market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the capsule endoscopy market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Capsule Endoscopy Market Scope and Market Size
The capsule endoscopy market is segmented on the basis of type and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of type, the capsule endoscopy market is segmented into bioanalytical testing services, physical characterization services, method development and validation services, raw material testing services, batch-release testing services, stability testing, microbial testing services, and environmental monitoring services.
- On the basis of end-user, the capsule endoscopy market is segmented into pharmaceutical and biopharmaceutical companies, medical device companies, and contract research organizations.
Capsule Endoscopy Market Country Level Analysis
The capsule endoscopy market is analyzed, and market size insights and trends are provided by country, type, and end-user as referenced above.
The countries covered in the capsule endoscopy market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the capsule endoscopy market due to the rise in the incidence of GI disorders and colorectal cancer. Furthermore, the developed healthcare infrastructure will further boost the growth of the capsule endoscopy treatment market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the capsule endoscopy treatment market due to the rise in the patient awareness levels. Moreover, the enhancing of healthcare infrastructure and disposable income is further anticipated to propel the growth of the capsule endoscopy treatment market in the region in the coming years.
The country section of the capsule endoscopy market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
The capsule endoscopy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the capsule endoscopy market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the capsule endoscopy market. The data is available for the historic period 2010-2019.
Competitive Landscape and Capsule Endoscopy Market Share Analysis
The capsule endoscopy market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the capsule endoscopy market.
The major players covered in the capsule endoscopy market report are Boston Scientific Corporation, CapsoCam Plus, ConMed Corporation, Cook, The Guidant Group, INTROMEDIC, JINSHAN Science & Technology, Medtronic, Olympus Corporation, RF Co.,Ltd., Fujifilm Holdings Corporation, Check-Cap., Accu-Read, INC. and Interscope, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.