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Capsule Endoscopy Market to 2027

Publisher: The Insight Partners
Publication Date: February, 2020
Healthcare / Medical Devices
Pages: 178
Delivery Format: PDF

Global Analysis and Forecasts by Product (Endoscopy Capsule and Components); Formulation (Tablets, Capsules); Application (Obscure Gastrointestinal Bleeding (OGIB), Crohn’s Disease, Small Bowel Diseases, and Other Diseases); End Users (Hospitals, Clinics, Research Centers, and Other End Users), and Geography

Report Features
Table of Contents
Pricing
Methodology
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The global capsule endoscopy market is expected to reach US$ 697.29 Mn in 2027 from US$ 368.65 Mn in 2019. The market is estimated to grow with a CAGR of 8.3% from 2019-2027.

The factors driving the growth of capsule endoscopy include growing increasing prevalence of gastrointestinal disorders, increasing demand of noninvasive screening method, increasing number of government programs to raise awareness and emergence of local players in developing countries. In addition, technological advancement to improve guided navigation and longer battery life are offering lucrative opportunities for the market.

Capsule endoscopes are tiny wireless endoscopy systems which are used to capture images of the internal tracts in the body. The endoscope camera fits in the vitamin size capsule and enables to take thousands of images which are then transmitted to the recorder. Capsule endoscopes allows the physicians to take the images of the parts where the traditional endoscope is unable to reach.

The global capsule endoscopy market is segmented by product, application, and end user. Based on the product, the market is segmented into capsule endoscopes and components. Capsule endoscopes are further divided into colonic capsule, bowel capsule, and esophageal capsule. Component is further sub segmented into workstation market, image receiver, recorder market and others. On the basis of application, the market is classified as, obscure gastrointestinal bleeding (OGIB), Crohn’s disease, small bowel diseases and other end users. Based on end user, the market is categorized as, hospitals, clinics, research centers and other end users.
Some of the important primary and secondary sources included in the report are, the Asia Pacific Association of Gastroenterology, American Gastroenterological Association, European Society of Gastrointestinal Endoscopy and Centers of Disease Control & Prevention.

Reasons to buy this report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the capsule endoscopy market.

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the global capsule endoscopy market, thereby allowing players across the value chain to develop effective long-term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

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Capsule Endoscopy Market to 2027

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