Capsule Endoscopy System Market

The global Capsule Endoscopy System market was valued at 269.75 Million USD in 2021 and will grow with a CAGR of 8.74% from 2021 to 2027, based on Research newly published report.

The prime objective of Capsule Endoscopy System Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Capsule Endoscopy System Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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.

By Market Verdors:

Given Imaging Ltd.

Olympus Corporation

IntroMedic Co. Ltd.

CapsoVision Inc.

Chongqing Jinshan Science & Technolgy (Group) Co. Ltd

IntroMedic Co., Ltd.

By Types:

Capsule Endoscope

Workstations and Recorders

By Applications:

Small Bowel Diseases

Esophageal Diseases

Colonic Diseases

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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