Capsule Endoscopy Market Report 2021-2030: Global Size, Industry Shares, Revenue, Innovative Technologies, Recent and Future Demand, Growth Statistics, Development Status, Business Opportunities and Forecast till 2030

Posted on Jun 11 2021 10:14 AM

"The Capsule Endoscopy Industry 2021 market research report 2030 analyzed in detail with all the vital data to frame tactical business judgments and propose strategic growth plans. This report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures. "

"Final Report will add the analysis of the impact of COVID-19 on this industry."

Global “Capsule Endoscopy Market” 2021-2030 Industry report analyses the growth opportunities as well as the threats to the Capsule Endoscopy Market w.r.t Business Tactics, Sales Volume and Latest Developments that are taking place in Capsule Endoscopy Industry. Facts such as the Product launch events, Capsule Endoscopy Industry news, growth drivers, challenges and investment scope have been analyzed at depth in Capsule Endoscopy research report.

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Market Analysis and Insights:

The Global Capsule Endoscopy Market size was valued at USD 687.14 million in 2019 and is estimated to garner USD 1,975.68 million by 2030, expanding at a CAGR of 9.2% during the forecast period, from 2020 to 2030.

Capsule endoscopy is a non-invasive diagnostic medical procedure, used for comprehensive examination of gastrointestinal tract, detecting celiac disease, obscure gastrointestinal bleeding, polyps, small intestine tumors, inflammatory bowel diseases, appendicitis, colorectum diseases and other gastrointestinal diseases that weaken the digestive system. Capsule endoscopy system includes a data recorder, sensors, work station and software that are integrated to a wireless video capsule embedded with a battery, camera, transmitter and light source.

The video capsules are similar to pharmaceutical capsules, but are larger in size. Once it is swallowed by the patient, it passes through the gastrointestinal tract, while recording images that are transmitted to a data recording device that is carried by the patient, before disposing it off naturally. The data recording device can also locate the position of the capsule in the gastrointestinal tract. The images collected by the device are processed and used for intervention. Advancements in technologies have enabled the capsules to take biopsies and release medication at the affected spot in the gastrointestinal tract.

Major Players in Capsule Endoscopy market are:

 

  • Given Imaging
  • Olympus Corporation
  • IntroMedic Co., Ltd.
  • Chongqing Jinshan Science & Technology Co., Ltd
  • Fujifilm Holding Corporation
  • CapsoVision
  • RF System lab

 

The research report studies the Capsule Endoscopy market size using different methodologies and analyzes to supply accurate and in-depth information about the market. For a clearer understanding, it's divided into several parts to cover different aspects of the market. The researchers have used primary and secondary methodologies to collate the information within the report. This report is aimed toward guiding people towards an apprehensive, better, and clearer knowledge of the market. The worldwide Capsule Endoscopy market growth analysis is provided for the international markets including development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status.

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Following Key Segments Covered in the Global Capsule Endoscopy Market Report:

Global Capsule Endoscopy System Market - By Component
o Capsule endoscope
o Workstations and Recorders

Global Capsule Endoscopy System Market - By Disease Type
o Small Intestine Disorder
o Esophageal Disorder
o Colonic Disorder

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Regional Analysis of Capsule Endoscopy Market:

North America is anticipated to dominate the global capsule endoscopy market during the forecast period due to the high prevalence of gastrointestinal diseases, well-established healthcare facility, advancements in product technology, and presence of key market players in the region.

The market in Asia-Pacific is expected to grow during the forecast period due to the presence of a large population, untapped opportunities offered by emerging economies, growing number of mergers and acquisitions in the capsule endoscopy market in this region.

Market Dynamics and Trends:

According to the World Health Organization, there were nearly 1.8 million cases of colorectal cancer at globally, in 2018. Besides, cancer being the leading cause of death world-wide, it claimed the lives of 9.6 million in 2018, of which 9.2% i.e. 880,792 deaths resulted due to colorectal cancer. This scenario leads to the high demand for gastrointestinal diagnostic devices and escalation of capsule endoscopy market during the forecast period. Moreover, factors such as higher prevalence of gastrointestinal diseases, increasing geriatric population, development in medical technologies and advancements in healthcare infrastructures are expected to propagate the growth of global capsule endoscopy market. Benefits offered by capsule endoscopy such as ease of diagnostic, minimally-invasive procedures, convenience & comfort to the patients and quick diagnostic results, are propelling the growth of the market. However, high-cost of capsule endoscopy systems, risk associated with the procedure, and lack of skilled professionals are expected to hamper the market. On the other hand, growing demand for fast & accurate diagnostics tools, increasing government initiatives for the development of treatment technologies, and improvements in healthcare infrastructures are creating lucrative opportunities for the global capsule endoscopy market.

Market Segmentation and Scope of the Study:

The capsule endoscopy market is segmented based on component, disease type, and geography. On the basis of component, the market is segregated into capsule endoscope and workstations and recorders. In terms of disease type, the market is divided into small intestine disorder, esophageal disorder, and colonic disorder. On the basis of geography, the market is classified as North America, Europe, Asia-Pacific, and Rest of World (RoW).

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In this report, the experts have clearly extrapolated facts such as market driving factors, market revenue, share, size, opportunities & challenges, changing market dynamics, key players, dominating regions, economic instabilities, and other competitive factors.

Key inclusions of the Capsule Endoscopy market report:

  • COVID-19 effects on growth figures.
  • Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
  • Organized mentions of major market trends.
  • Growth opportunities.
  • Figures showcasing market growth rate.
  • Advantages and disadvantages of direct and indirect sales channels.
  • Insights regarding traders, distributors, and dealers present in the industry.

Key Reasons to Purchase Capsule Endoscopy Market Report:

  • The report analysis by geography highlighting the consumption of the product/service within the region also as indicating the factors that are affecting the market within each region
  • The report provides opportunities and threats faced by the vendors in the global Capsule Endoscopy Industry
  • The report indicates the region and segment that's expected to witness the fastest growth
  • Competitive landscape which includes the market ranking of the main players, along with new product launches, partnerships, business expansions, and acquisitions.
  • The report provides extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the main market players
  • The report gives the present as well as the future market outlook of the industry regarding recent developments, growth opportunities, drivers, challenges and restraints of both emerging also as developed regions

What does this report deliver?

  • Comprehensive analysis of global as well as regional markets of Capsule Endoscopy market.
  • Complete coverage of all the segments in Capsule Endoscopy market to analyze the trends, developments in the global market and forecast of market size up to 2030.
  • Comprehensive analysis of the companies operating in global Capsule Endoscopy market. The company profile includes an analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
  • Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

The report provides an accurate analysis of the changing competitive dynamics. It provides a forward-looking perspective on the various factors that drive or restrict market growth. It provides a five-year forecast evaluated based on Capsule Endoscopy market growth projections. Helps in understanding the key product segments and their future, to gain a complete view of the market, and make informed business decisions by performing an in-depth analysis of the market segments.

Detailed TOC of Global Capsule Endoscopy Market @ https://www.precisionreports.co/TOC/18330216

Global Capsule Endoscopy Industry Report Covers the following Topics:

Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1 Secondary Research

1.2.2 Data Analysis Framework

1.2.3 Market Size Estimation

1.2.4 Forecasting

1.2.5 Primary Research And Data Validation

Market Snapshot, 2019-2030 Million USD

2.1. Market Snapshot

Porter’s Five Force Model Analysis

Market Dynamics

4.1. Growth Drivers

4.2. Challenges

4.3. Opportunities

...........

Company Profiles

Continued.......

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