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Capsule Endoscopy Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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Capsule endoscopy market is estimated to value over US $ 1 billion by the end of 2026 and grow at a CAGR of over 8.5% during the forecast period of 2019-2026.
Capsule Endoscopy Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
Capsule endoscopy market is estimated to value over US $ 1 billion by the end of
2026 and grow at a CAGR of over 8.5% during the forecast period of 2019-2026.
Capsule endoscopy (CE) is the procedure which utilizes the minuscule bugged camera
for capturing images of digestive tract. The camera is placed in a minuscule capsule
which is swallowed down. The capsule advances over the digestive tract, alongside
the camera grabbing numerous pictures which are transferred to a recorder which is
located across the waist. It allows the doctor to have a look inside the small intestine.
The small intestine area isn’t available with procedures of traditional endoscopy.
Capsule endoscopy befits in situations where a doctor requires to find diagnose
swelling bowel disease and cancer. Doctors use capsule endoscopy find the source of
gastrointestinal bleeding. According to industrial experts, capsule endoscopy is more
productive and preferred over x-rays of barium for the treatment of Gastrointestinal
bleeding. The market is divided into oesophageal, colon and small bowel capsules.
Small bowel capsules control majority of the share.
Vast advancements in technology are making capsule endoscopy a more familiar
procedure. It has created a huge opportunity for manufacturers and led to the
inclusion of capsule endoscopy in national & international guidelines. The
government's initiatives and rising demand for quick and accurate diagnostic tools
have further fuelled the market. The Australian government in 2018 reduced the fee
for capsule endoscopy. Also, the Canadian administration in 2013 launched a project
in Bangladesh which aimed at developing economical and affordable devices that can
be used to distinguish gastrointestinal bleeding. Capsule endoscopy is a major
technological innovation in recent times due to the high demand for primary
diagnosis and management of bowel diseases. The rapid advancement of
technologies led to a paradigm shift in the progression of broadening indications in
clinical application. It is an invaluable asset for clinical practice and outperforms
other investigational modalities. Additionally, increasing prevalence of gastric
disorder increased the traction during the forecast period. But the absence of skilled
professionals alongside the expensive cost of advanced technologies has restrained
the growth of the market.
North America market is expected to witness high market share in the global market
due to the high acceptance of advanced technologies. It is followed by the European
region and it accounts a significant share in the global market. Manufacturers in
developed economies are mainly focused on organic growth strategies. Asia-Pacific
region is expected to witness a high market growth rate during the forecast period.
Changing economic conditions in Asia Pacific region created huge opportunities for
manufacturing companies. Latin America and Rest of the world market are expected
to account a small fraction of market share due to limited adoption.
Capsule Endoscopy market players include CapsoCam Plus, Chongqing Jinshan
Science & Technology, IntroMedic Inc., Olympus Global, Medtronic, Given Imaging
Ltd and others.
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Capsule Endoscopy Market Restraint:
• Absence of skilled professionals
• Expensive cost of advanced technologies
Capsule Endoscopy Market Segmentation
By Component
• Endoscopy Capsule Systems
• Workstations and Recorders
By End User
• Hospitals
• Pathology Laboratories
• Outpatient Centre
By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Rest of the World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global capsule endoscopy market
by component, by end user, and by region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
1.1. Introduction
1.1.1.1. Scope and Objective
1.1.1.2. Assumptions and Acronyms
1.1.1.3. Forecast Factors
1.1.1.4. Research Methodology
1.2. Executive Summary
1.2.1.1. Industry Cluster Analysis
1.2.1.2. Competition Matrix
1.2.1.3. Strategies Recommendations
1.3. Market Definition
1.3.1.1. Report Scope (Inclusions & Exclusions)
1.3.1.2. Market Segmentation
1.4. Global Capsule Endoscopy Market Overview
1.4.1.1. Global Capsule Endoscopy Market Revenue (USD Mn)
1.5. Key Inclusions
1.5.1.1. Porter’s Five Force analysis
1.5.1.2. Market Dynamics
1.5.1.3. Industry Trends
1.5.1.4. Regulatory Guidelines
1.5.1.5. Opportunities in Capsule Endoscopy
1.6. Competition Dynamics
1.6.1.1. Company Share Analysis (2018)
1.6.1.2. Top 10 Product Pricing by Region
1.7. Global Capsule Endoscopy Market Revenue (USD Mn), 2018-2026 by
Component
1.7.1.1. Key Market Findings
1.7.1.2. Long Term ROI Segments
1.7.1.3. Revenue Opportunity Influencing Factors
1.7.1.4. Market Revenue (USD Mn) Assessment and Forecast by
Component, 2018-2026
1.7.1.4.1.1.
Endoscopy Capsule Systems
1.7.1.4.1.2.
Workstations and Recorders
1.8. Global Capsule Endoscopy Market Revenue (USD Mn), 2018-2026 by End
User
1.8.1.1. Key Market Findings
1.8.1.2. Long Term ROI Segments
1.8.1.3. Revenue Opportunity Influencing Factors
1.8.1.4. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.8.1.4.1.1.
Hospitals
1.8.1.4.1.2.
Pathology Laboratories
1.8.1.4.1.3.
Outpatient Centre
1.9. Global Capsule Endoscopy Market Revenue (USD Mn), 2018-2026 by Region
1.9.1.1. Key Market Findings
1.9.1.2. Long Term ROI Segments
1.9.1.3. Revenue Opportunity Influencing Factors
1.9.1.4. Market Revenue (USD Mn) Assessment and Forecast by
Region,2026
1.9.1.4.1.1.
North America
1.9.1.4.1.2.
Latin America
1.9.1.4.1.3.
Europe
1.9.1.4.1.4.
Asia Pacific
1.9.1.4.1.5.
Rest of world
1.10.
North America Capsule Endoscopy Market Revenue (US$ Mn), 20182026
1.10.1.1. Key Market Findings
1.10.1.2. Long Term ROI Segments
1.10.1.3. Revenue Opportunity Influencing Factors
1.10.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.10.1.4.1.1.
US
1.10.1.4.1.2.
Canada
1.10.1.5. Market Revenue (USD Mn) Assessment and Forecast by
Component, 2018-2026
1.10.1.5.1.1.
Endoscopy Capsule Systems
1.10.1.5.1.2.
Workstations and Recorders
1.10.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.10.1.6.1.1.
Hospitals
1.10.1.6.1.2.
Pathology Laboratories
1.10.1.6.1.3.
Outpatient Centre
1.11.
Latin America Capsule Endoscopy Market Revenue (US$ Mn), 20182026
1.11.1.1. Key Market Findings
1.11.1.2. Long Term ROI Segments
1.11.1.3. Revenue Opportunity Influencing Factors
1.11.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.11.1.4.1.1.
Brazil
1.11.1.4.1.2.
Mexico
1.11.1.4.1.3.
Argentina
1.11.1.4.1.4.
Rest of Latin America
1.11.1.5. Market Revenue (USD Mn) Assessment and Forecast by
Component, 2018-2026
1.11.1.5.1.1.
Endoscopy Capsule Systems
1.11.1.5.1.2.
Workstations and Recorders
1.11.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.11.1.6.1.1.
Hospitals
1.11.1.6.1.2.
Pathology Laboratories
1.12.
Europe America Capsule Endoscopy Market Revenue (US$ Mn), 20182026
1.12.1.1. Key Market Findings
1.12.1.2. Long Term ROI Segments
1.12.1.3. Revenue Opportunity Influencing Factors
1.12.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.12.1.4.1.1.
Germany
1.12.1.4.1.2.
France
1.12.1.4.1.3.
Spain
1.12.1.4.1.4.
UK
1.12.1.4.1.5.
Russia
1.12.1.4.1.6.
Poland
1.12.1.4.1.7.
Rest of Europe
1.12.1.5. Market Revenue (USD Mn) Assessment and Forecast by
Component, 2018-2026
1.12.1.5.1.1.
Endoscopy Capsule Systems
1.12.1.5.1.2.
Workstations and Recorders
1.12.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.12.1.6.1.1.1.
Hospitals
1.12.1.6.1.1.2.
Pathology Laboratories
1.13.
Asia Pacific America Capsule Endoscopy Market Revenue (US$ Mn),
2018-2026
1.13.1.1. Key Market Findings
1.13.1.2. Long Term ROI Segments
1.13.1.3. Revenue Opportunity Influencing Factors
1.13.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.13.1.4.1.1.
Emerging Asia
1.13.1.4.1.1.1.1. China
1.13.1.4.1.1.1.2. India
1.13.1.4.1.1.1.3. ASEAN-5
1.13.1.4.1.1.1.4. Rest of Emerging Asia
1.13.1.4.1.2.
Japan
1.13.1.5. Market Revenue (USD Mn) Assessment and Forecast by
Component, 2018-2026
1.13.1.5.1.1.
Endoscopy Capsule Systems
1.13.1.5.1.2.
Workstations and Recorders
1.13.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.13.1.6.1.1.
Hospitals
1.13.1.6.1.2.
Pathology Laboratories
1.14.
Rest of World America Capsule Endoscopy Market Revenue (US$ Mn),
2018-2026
1.14.1.1. Key Market Findings
1.14.1.2. Long Term ROI Segments
1.14.1.3. Revenue Opportunity Influencing Factors
1.14.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.14.1.4.1.1.
Middle East
1.14.1.4.1.2.
South Africa
1.14.1.4.1.3.
North Africa
1.14.1.4.1.4.
Rest of World
1.14.1.5. Market Revenue (USD Mn) Assessment and Forecast by
Component, 2018-2026
1.14.1.5.1.1.
Endoscopy Capsule Systems
1.14.1.5.1.2.
Workstations and Recorders
1.14.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.14.1.6.1.1.
Hospitals
1.14.1.6.1.2.
Pathology Laboratories
1.15.
Company Profiles
1.15.1.1. Competition Landscape
1.15.1.2. Global Company Share (USD Mn) Overview, 2018
1.15.1.3. Company Profiles
1.15.1.3.1.1.
CapsoCam Plus
1.16.
1.15.1.3.1.1.1.1. Corporate Overview
1.15.1.3.1.1.1.2. Financial Performance
1.15.1.3.1.1.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.1.1.4. Company Strategy & Channel Management
1.15.1.3.1.2.
Chongqing Jinshan Science & Technology
1.15.1.3.1.2.1.1. Corporate Overview
1.15.1.3.1.2.1.2. Financial Performance
1.15.1.3.1.2.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.2.1.4. Company Strategy & Channel Management
1.15.1.3.1.3.
IntroMedic Inc.
1.15.1.3.1.3.1.1. Corporate Overview
1.15.1.3.1.3.1.2. Financial Performance
1.15.1.3.1.3.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.3.1.4. Company Strategy & Channel Management
1.15.1.3.1.4.
Olympus Global
1.15.1.3.1.4.1.1. Corporate Overview
1.15.1.3.1.4.1.2. Financial Performance
1.15.1.3.1.4.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.4.1.4. Company Strategy & Channel Management
1.15.1.3.1.5.
Medtronic Plc.
1.15.1.3.1.5.1.1. Corporate Overview
1.15.1.3.1.5.1.2. Financial Performance
1.15.1.3.1.5.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.5.1.4. Company Strategy & Channel Management
1.15.1.3.1.6.
Given Imaging Ltd.
1.15.1.3.1.6.1.1. Corporate Overview
1.15.1.3.1.6.1.2. Financial Performance
1.15.1.3.1.6.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.6.1.4. Company Strategy & Channel Management
Research Sources & Primary Verbatim
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