Global Capsule Endoscopy Market Growth 2023-2029
Capsule Endoscopy uses a swallowed video capsule to take photographs of the inside of the esophagus, stomach, and small intestine. For capsule endoscopy, the intestines are first cleared of residual food and bacterial debris with the use of laxatives or purges very similar to the laxatives and purges used before colonoscopy.
The capsule contains one or two video chips (cameras), a light bulb, a battery, and a radio transmitter. As the capsule travels through the esophagus, stomach, and small intestine, it takes photographs rapidly. The photographs are transmitted by the radio transmitter to a small receiver that is worn on the waist of the patient who is undergoing the capsule endoscopy.
LPI (LP Information)' newest research report, the “Capsule Endoscopy Industry Forecast” looks at past sales and reviews total world Capsule Endoscopy sales in 2022, providing a comprehensive analysis by region and market sector of projected Capsule Endoscopy sales for 2023 through 2029. With Capsule Endoscopy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Capsule Endoscopy industry.
This Insight Report provides a comprehensive analysis of the global Capsule Endoscopy 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 Endoscopy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Capsule Endoscopy market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Capsule Endoscopy 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 Endoscopy.
The global Capsule Endoscopy market size is projected to grow from US$ 230.9 million in 2022 to US$ 403.4 million in 2029; it is expected to grow at a CAGR of 403.4 from 2023 to 2029.
The major players in global Capsule Endoscopy market include Given Imaging, Olympus, etc. The top 2 players occupy about 70% shares of the global market. North America and Asia are main markets, they occupy about 60% of the global market. CMOS Photosensitive Chip is the main type, with a share about 65%. For Small Intestine is the main application, which holds a share about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Capsule Endoscopy market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
CMOS Photosensitive Chip
CCD Photosensitive Chip
Others
Segmentation by application
For Small Intestine
For Visualization of the Colon
For Stomach
Other(For Esophagus, etc.)
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.
Given Imaging
Olympus
RF
CapsoVision
IntroMedic
Jinshan Science & Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Capsule Endoscopy market?
What factors are driving Capsule Endoscopy market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Capsule Endoscopy market opportunities vary by end market size?
How does Capsule Endoscopy 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.
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