Market Overview
The global “capsule endoscopy market” is likely to derive growth from the rise in the number of chronic diseases, namely, cancer and gastrointestinal diseases across the globe. Fortune Business Insights, in a report, titled “Capsule Endoscopy Market Size, Share And Global Trend By Product (Oesophageal Capsule, Small Bowel Capsule,Colon Capsule), By Application (Obscure Gastrointestinal Bleeding, Crohn’s Disease, Small Intestine Tumor), By End User (Hospitals, Diagnostic Laboratories, Specialty Clinics), And Geography Forecast Till 2026,” states that there has been advancements in hybrid imaging techniques as well as capsule endoscopy technology, which in turn is propelling the global endoscopy market. Also, patients have recently started favoring advanced and modern diagnostics for fast recovery. This is one of the most significant factors that has been contributing towards the growth of the global capsule endoscopy market. The report classifies the global endoscopy market in terms of four segments, namely, by product, by application, by end user, and by geography. By product, the market is divided into esophageal capsule, small bowel capsule, and colon capsule.
In terms of application, the market is further segmented into Crohn’s disease, obscure gastrointestinal bleeding, small intestine tumor, and others. Amongst these, obscure gastrointestinal bleeding segment is projected to boost the global capsule endoscopy market during the forecast period. By end user, the market is classified into specialty clinics, hospitals, and diagnostic laboratories.
Some of the major companies that are present in the global capsule endoscopy market are
- Olympus Corporation
- MEDTRONIC
- Fujifilm Holding Corporation
- IntroMedic Co., Ltd.
- RF System lab
- CapsoVision
- JINSHAN Science & Technology
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Innovations by Key Players Likely to Boost Market
Stratis Medical, Inc., a prominent distributor and importer of gastroenterology products announced that they have developed an exclusive distribution agreement with MiroCam Capsules Endoscopy System in June 2018 in the U.S. Startis has also received FDA approval for the launch of their dual-camera capsule endoscopy system. It will be used to examine the small intestines. Fujifilm Holding Corporation, a renowned photography and imaging company based in Japan, launched two new products in August 2017, with advanced endoscopic platform that include FlushKnife and ClutchCutter devices. These products allow clinicians to conduct endoscopic submucosal dissection effectively, within the patient’s digestive tract. Olympus Corporation, an optical products company headquartered in Japan, launched 4K UHDscreens in September 2016, for performing endoscopy of nose, ears, and throat. It will provide the surgeons with a big screen while performing surgeries with confidence and will also increase visibility.
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North America and Europe Market Likely to Show Notable Growth
Geographically, the global capsule endoscopy market is divided into Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. Amongst these regions, North America is projected to hold the largest share in the global capsule endoscopy market during the forecast period. A rise in the number of cases of gastrointestinal disorders and colorectal cancer are likely to catapult North America to the leading position. Also, high demand for minimally invasive surgeries, an increasing adoption of modern and advanced technological services, and a rise in the investment in the healthcare infrastructure are projected to propel the capsule endoscopy market in North America. The region is anticipated to be followed by Europe. Furthermore, Latin America and Asia Pacific are likely to exhibit a higher CAGR during the forecast period. This is anticipated to occur due to an increasing number of geriatric population in these regions. There have also been numerous advancements in the endoscopy treatments and the governments are also taking several initiatives to create awareness among the masses about capsule endoscopy. All these factors are likely to boost the capsule endoscopy market in both the regions.
An Overview of the Impact of COVID-19 on this Market:
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The Global Capsule Endoscopy Market size was valued at USD 687.14 million in 2019, is predicted an elevation up to USD 1,975.68 million by 2030, with a CAGR of 9.2% from 2020-2030The Global Capsule Endoscopy Market report factual examinations gives showcase statistical data points to comprehend the present and future development of the worldwide Capsule Endoscopy Market.
Our examination will empower you to take educated choices in the worldwide Capsule Endoscopy Market identifying with acquisition, stock, evaluating, and generation.Request sample copy of this report at:-https://www.nextmsc.com/Capsule-Endoscopy-Market/request-sampleTop Companies: Olympus Corporation, Intro Medic Co., Ltd., Chongqing Jinshan Science & Technology Co., Ltd, Fujifilm Holding Corporation, Capso Vision, RF System lab and others.Global Capsule Endoscopy Market by Geography: - Latin America, North America, Asia Pacific, the Middle East and Africa and Europe.The prime goal of this Capsule Endoscopy advertise report is to enable the client to comprehend the market as far as its definition, division, showcase potential, persuasive patterns, and the difficulties that the market is confronting.
Profound inquiries about and investigations were finished during the planning of the report.
This upgrades the visual portrayal and furthermore helps in understanding the certainties much better.
The report centers around worldwide real driving Capsule Endoscopy Market players giving data, for example, organization profiles, item picture and determination, limit, creation, value, cost, income and contact data.
Upstream crude materials and gear and downstream interest examination is likewise completed.Inquire for discount offer at:-https://www.nextmsc.com/Capsule-Endoscopy-Market/inquire-before-buyingStudy on Table of Contents:Capsule Endoscopy Market Overview, Scope, Status and Prospect (2015-2020) covering COVID-19 Pandemic.Global Capsule Endoscopy Market Competition by ManufacturersGlobal Capsule Endoscopy Supply (Production), Consumption, Export, Import by Region (2015-2020)Capsule Endoscopy Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream BuyersMarketing Strategy Analysis, Distributors/TradersGlobal Capsule Endoscopy Market Effect Factors Analysis and Forecast (2020-2030)Research Findings and Conclusion Appendix – Methodology/Research Approach, Market Size Estimation, Data Source, Secondary Sources, Primary Sources, and Disclaimer.About Next Move Strategy Consulting:Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share.
The Latest Trending Report Global Capsule Endoscopy Market 2020 By Manufacturers, Regions, Type And Application, Forecast To 2025 Offered By Decisiondatabases.Com Is An Informative Study Covering The Market With Detailed Analysis.
The Report Will Assist Reader With Better Understanding And Decision Making.The global Capsule Endoscopy market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 7.7% in the forecast period of 2020 to 2025 and will expected to reach USD 271 million by 2025, from USD 201.7 million in 2019.The Capsule Endoscopy market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/27399-capsule-endoscopy-market-analysis-reportThe major players covered in Capsule Endoscopy are:Given ImagingCapsoVisionOlympusRFJinshan Science & TechnologyIntroMedicBy Type, Capsule Endoscopy market has been segmented intoCMOS Photosensitive ChipCCD Photosensitive ChipOthersBy Application, Capsule Endoscopy has been segmented intoFor Small IntestineFor Visualization of the ColonFor StomachOther(For Esophagus, etc.
)The report offers in-depth assessment of the growth and other aspects of the Capsule Endoscopy market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)South America (Brazil, Argentina, Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Capsule Endoscopy Market @ https://www.decisiondatabases.com/contact/download-sample-27399There are 14 Chapters to deeply display the global Capsule Endoscopy market.1 Capsule Endoscopy Market Overview2 Company Profiles3 Global Capsule Endoscopy Market Competition, by Players4 Global Capsule Endoscopy Market Size by Regions5 North America Capsule Endoscopy Revenue by Countries6 Europe Capsule Endoscopy Revenue by Countries7 Asia-Pacific Capsule Endoscopy Revenue by Countries8 South America Capsule Endoscopy Revenue by Countries9 Middle East and Africa Revenue Capsule Endoscopy by Countries10 Global Capsule Endoscopy Market Segment by Type11 Global Capsule Endoscopy Market Segment by Application12 Global Capsule Endoscopy Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Capsule Endoscopy Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-27399Other Reports by DecisionDatabases.com:Global Neuro-Endoscopy Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global Endoscopy Video Processors Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Endoscopy Visualization System Components Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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According to IMARC Group latest report titled” Capsule Endoscopy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth.
The Global Capsule Endoscopy Market report to grow at a CAGR of 6% during 2021-2026.
Capsule endoscopy is a minimally invasive medical treatment that involves a pill-sized camera to pass through the gastrointestinal (GI) tract and examine the stomach, esophagus and small intestine.
It is a wireless, disposable gadget, which also includes a transmitter and light source.
Capsule endoscopy does not require anesthesia and helps to diagnose iron deficiency, celiac disease, unexplained abdominal pain, unexplained GI bleeding, and tumors or ulcers.Get a sample copy of this Report: https://www.imarcgroup.com/capsule-endoscopy-market/requestsampleAs the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.Market Trends:The escalating demand for minimally invasive procedures in primary diagnosis is majorly driving the capsule endoscopy market across the globe.
Rapid technological advancements in capsule endoscopy, such as the adoption of artificial intelligence (AI), robotic technology, are further contributing to the market growth.
Global Capsule endoscopy Market - OverviewCapsule endoscopy is the part of endoscopy in which a small capsule and pill shaped wireless camera used to examine the digestive system.
Continuous technological advancement in endoscopy and increasing healthcare spending has provided fuel for the growth of the market.
But high cost for the diagnosis and limited reimbursement are the major hurdles for the growth of the market.Further an endoscopy is a procedure that allows physicians or surgeons to look inside interior parts of the organ.
To perform endoscopy a specialized instrument is used named as Capsule Endoscopy System Market Size.
For therapeutic purpose, endoscopes are either attached or passed through surgical instruments to perform particular surgery.
As per the 2014 statistics suggested by Eurostat, it is observed that the Cataract surgery is the most common minimally invasive surgery in the European region as this surgery was performed 4.3 million times across the EU Member States and another most commonly used procedure was bronchoscopy for diagnosis with a frequency rate of 685 per 100 000 inhabitants in Croatia and more than 400 in Latvia and Germany.Get Sample Report at https://www.marketresearchfuture.com/sample_request/1359Rising prevalence rate of chronic diseases, technological advancement in endoscopy, and increasing funding and reimbursement towards screening and treatment with endoscopic techniques are promoting the growth of endoscopy devices market globally increasing popularity of minimally invasive surgery is also creating a huge scope for the growth of market.Despite these drivers, there are some issues associated with endoscopy devices market.
