Global Capsule Endoscope Systems Market Growth 2023-2029
Capsule endoscopy is a painless technique to evaluate gastrointestinal disorders such as obscure gastrointestinal bleeding, inflammatory bowel disease, ulcerative colitis, celiac disease, polyposis syndrome, small bowel tumor, and colon cancer. Capsule endoscopy is an eight-hour-long procedure, in which the patient swallows a small pill that has three components: a camera, a transmitter, a battery. This device captures images of the gastrointestinal tract and transfer them to a recording device, which can be downloaded on screen. The physician gives results after examining the images.
LPI (LP Information)' newest research report, the “Capsule Endoscope Systems Industry Forecast” looks at past sales and reviews total world Capsule Endoscope Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Capsule Endoscope Systems sales for 2023 through 2029. With Capsule Endoscope Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Capsule Endoscope Systems industry.
This Insight Report provides a comprehensive analysis of the global Capsule Endoscope Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Capsule Endoscope Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Capsule Endoscope Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Capsule Endoscope Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Capsule Endoscope Systems.
The global Capsule Endoscope Systems market size is projected to grow from US$ 108 million in 2022 to US$ 151.4 million in 2029; it is expected to grow at a CAGR of 151.4 from 2023 to 2029.
Global capsule endoscopes market is growing with a significant rate due to demand for faster and accurate diagnostic tools, for managing the rising prevalence of gastrointestinal diseases, colorectal cancer, and government initiatives. Moreover, increasing aging population and introduction of technologically advanced capsules such as Wi-Fi enabled capsule and longer battery life capsule are expected to support the capsule endoscopes market to grow in the coming years. Aging increases the risk of gastrointestinal disorders, such as inflammatory bowel disease, CRC, and appendicitis.
This report presents a comprehensive overview, market shares, and growth opportunities of Capsule Endoscope Systems market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Small Bowel
Esophageal
Colon
Segmentation by application
OGIB
Crohn’s
Small Intestine Tumors
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Medtronic
Olympus
IntroMedic
Chongqing Jinshan Science & Technology
CapsoVision
Fuji Medical Systems
RF
Key Questions Addressed in this Report
What is the 10-year outlook for the global Capsule Endoscope Systems market?
What factors are driving Capsule Endoscope Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Capsule Endoscope Systems market opportunities vary by end market size?
How does Capsule Endoscope Systems break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.