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Global Capsule Endoscopy Market by Product (Esophageal, Small Bowel, Colon), by Application (Small Intestine Tumors, Crohn’s, OGIB), by Accessory (Workstation & Recorder, Wireless Capsule) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-72897
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 70
  • No. Of Pages: 225
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

Global capsule endoscopy is set to grow due to the increasing prevalence of gastrointestinal disorders, colorectal carcinoma, increased demand for fast and accurate diagnostics tools and support from government initiatives. Capsule Endoscopy allows for painless visualization of the GI (gastrointestinal tract) images via a data recorder. The market for capsule endoscopy is expected to grow due to the introduction of more advanced capsules, such as those with longer battery lives and that are WiFi-enabled. Global capsule endoscopy was valued at USD 454.7 Million in 2014. It is forecast to grow at 8.7% CAGR over the forecast period.

Global capsule endoscopy market by product, 2012-2022 (USD Million).

This market will continue to grow by incorporating more geriatrics into its population over the next seven year. Aging can increase the likelihood of GI disorders like CRC, inflammatory bowel diseases, and appendicitis. The W.H.O predicts that the global population for the 65-year-old and older age group will increase from 7% in 2000, to 16% by 2050. This will lead to a significant increase in the patient base and thereby drive the growth of capsule endoscopy.

Product Insights

Segmenting the capsule market for capsule endoscopy is an effective way to analyze it. The market share for small bowel capsules was the highest as of 2014. This is due to their increasing use in multiple medical conditions like small bowel neoplastic lesion, inflammatory bowel disease and suspected Crohn's. The colon capsule market is expected to experience significant growth during the forecast period. According to the CDC, colorectal cancer is responsible for nearly 608,000 deaths each year worldwide and more than 14.5 million colonoscopies performed annually. The CDC also points out that there is a growing demand for a less invasive diagnostic platform.

Accessories Insights

In 2014, the most popular segment in the capsule endoscopy market was the wireless capsule. The market for wireless capsule endoscopy is booming due to the increasing use of wireless capsules in small intestine, colon, and esophagus. Also, favorable reimbursement policies are important drivers. The future prospects for the wireless capsule market are promising due to technologically advanced capsules that offer a 360-degree panoramic view, increased battery life, improved data storage capabilities, easier transmission and a higher frame rate.

Application Insights

Obscure gastrointestinal bleeding was the most popular segment of the capsule endoscopy industry in 2014. A U.S. National Library of Medicine research found that capsule endoscopy is more effective than the use of barium Xrays to diagnose OGIB. Capsule endoscopy can be used to diagnose occult bleeding in a duodenum, as well as small bowel cancers and Crohn's disease. Capsule endoscopy offers many advantages, including real-time visualization of small intestines and faster diagnosis. This is why healthcare professionals and patients are switching from double-balloon and other conventional methods to capsule enteroscopy. It is expected to be a significant growth market for this segment. The OGIB segment, which is growing at a similar pace to Crohn's disease, is expected to see growth because of the rising prevalence rate of the target disease and the adoption of capsule endoscopy as a preferred diagnostic method.

Regional Insights

In 2014, North America was the largest region market. In 2014, North America was the largest regional market. This is due to the rising incidence of GI disorders and colorectal carcinomas, advanced healthcare infrastructure, favorable reimbursement policies, as well as the growing adoption of minimally invasive capsule entomoscopy by patients. Asia-Pacific, on the other hand, is expected to grow at an impressive rate over the forecast period due to increased patient awareness, disposable income, improved healthcare infrastructure, and large untapped opportunities in cancer screening.

Market Share Insights & Key Companies

Olympus Corporation, IntroMedic Co., Ltd., Chongqing Jinshan Science & Technology Group (Co., Ltd.), Fujifilm Holding Corporation, CapsoVision, RF System lab are the key players in this market. Manufacturers of capsule endoscopy equipment have identified new product development as one of their most sustainable strategies. The use of magnetic and hybrid capsules that allow for better control and enhanced imagery are just a few of the ongoing research attributes that will drive market growth and intensify the competition over the forecast period.

Capsule Endoscopy Market Report Scope

These are the most frequently asked questions about this report

b. Global capsule endoscopy market was valued at USD 687.0 Million in 2019, and is forecast to grow to USD 747.7 million by 2020.

b. Global capsule endoscopy is expected to grow at 8.7% compound annual growth rate between 2019 and 2022, reaching USD 886.3 Million by 2022.

b. North America was the market leader in capsule endoscopy with 57.24% of the market share in 2019. This is due to the rising incidence rate of GI disorders & colorectal carcinoma, advanced healthcare infrastructure, favorable reimbursement policies, and patients' increasing acceptance of minimally invasive capsule-endoscopy.

b. Among the key players in the capsule endoscopy market are Given Imaging, Olympus Corporation, IntroMedic Co., Ltd., Chongqing Jinshan Science & Technology Group Co., Ltd., Fujifilm Holding Corporation, CapsoVision, and RF System Lab.

b. The market for capsule endoscopy is growing due to the increasing prevalence of gastrointestinal disorders, colorectal carcinoma, the need for more accurate diagnostic tools and the presence supportive government initiatives, as well as a rising global geriatric population.

Up Market Research published a new report titled “Capsule Endoscopy Market research report which is segmented by Product (Esophageal, Small Bowel, Colon), by Application (Small Intestine Tumors, Crohn’s, OGIB), by Accessory (Workstation & Recorder, Wireless Capsule), By Players/Companies Olympus Corporation, CapsoVision, the use of magnetic & hybrid capsules enabling better control and enhanced imaging are few other ongoing research attributes, Ltd, Chongqing Jinshan Science & Technology (Group) Co, RF System lab New product development aimed at widening the application base is identified as one of the most viable sustainability strategies adopted by the manufacturers of capsule endoscopy devices Additionally, Fujifilm Holding Corporation, Ltd, expected to propel market growth and intensify competition during the forecast period, Given Imaging, IntroMedic Co”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report AttributesReport Details
Report TitleCapsule Endoscopy Market Research Report
By ProductEsophageal, Small Bowel, Colon
By ApplicationSmall Intestine Tumors, Crohn’s, OGIB
By AccessoryWorkstation & Recorder, Wireless Capsule
By CompaniesOlympus Corporation, CapsoVision, the use of magnetic & hybrid capsules enabling better control and enhanced imaging are few other ongoing research attributes, Ltd, Chongqing Jinshan Science & Technology (Group) Co, RF System lab New product development aimed at widening the application base is identified as one of the most viable sustainability strategies adopted by the manufacturers of capsule endoscopy devices Additionally, Fujifilm Holding Corporation, Ltd, expected to propel market growth and intensify competition during the forecast period, Given Imaging, IntroMedic Co
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages225
Number of Tables & Figures158
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Capsule Endoscopy Industry Outlook

Global Capsule Endoscopy Market Report Segments:

The market is segmented by Product (Esophageal, Small Bowel, Colon), by Application (Small Intestine Tumors, Crohn’s, OGIB), by Accessory (Workstation & Recorder, Wireless Capsule).

Capsule Endoscopy Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Capsule Endoscopy Market

Overview of the regional outlook of the Capsule Endoscopy Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Capsule Endoscopy Market Overview

Highlights of The Capsule Endoscopy Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Capsule Endoscopy Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Product:

                1. Esophageal

                2. Small Bowel

                3. Colon

        7. By Application:

                1. Small Intestine Tumors

                2. Crohn’s

                3. OGIB

        8. By Accessory:

                1. Workstation & Recorder

                2. Wireless Capsule

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Capsule Endoscopy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

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Capsule Endoscopy Market Trends

Reasons to Purchase the Capsule Endoscopy Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Capsule Endoscopy Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Capsule Endoscopy Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Capsule Endoscopy Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Capsule Endoscopy Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Capsule Endoscopy Market Size & Forecast, 2018-2028 
      4.5.1 Capsule Endoscopy Market Size and Y-o-Y Growth 
      4.5.2 Capsule Endoscopy Market Absolute $ Opportunity 


Chapter 5 Global Capsule Endoscopy Market Analysis and Forecast by Product
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Product
      5.1.2 Basis Point Share (BPS) Analysis by Product
      5.1.3 Absolute $ Opportunity Assessment by Product
   5.2 Capsule Endoscopy Market Size Forecast by Product
      5.2.1 Esophageal
      5.2.2 Small Bowel
      5.2.3 Colon
   5.3 Market Attractiveness Analysis by Product

Chapter 6 Global Capsule Endoscopy Market Analysis and Forecast by Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Application
      6.1.2 Basis Point Share (BPS) Analysis by Application
      6.1.3 Absolute $ Opportunity Assessment by Application
   6.2 Capsule Endoscopy Market Size Forecast by Application
      6.2.1 Small Intestine Tumors
      6.2.2 Crohn’s
      6.2.3 OGIB
   6.3 Market Attractiveness Analysis by Application

Chapter 7 Global Capsule Endoscopy Market Analysis and Forecast by Accessory
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Accessory
      7.1.2 Basis Point Share (BPS) Analysis by Accessory
      7.1.3 Absolute $ Opportunity Assessment by Accessory
   7.2 Capsule Endoscopy Market Size Forecast by Accessory
      7.2.1 Workstation & Recorder
      7.2.2 Wireless Capsule
   7.3 Market Attractiveness Analysis by Accessory

Chapter 8 Global Capsule Endoscopy Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Capsule Endoscopy Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region

Chapter 9 Coronavirus Disease (COVID-19) Impact 
   9.1 Introduction 
   9.2 Current & Future Impact Analysis 
   9.3 Economic Impact Analysis 
   9.4 Government Policies 
   9.5 Investment Scenario

Chapter 10 North America Capsule Endoscopy Analysis and Forecast
   10.1 Introduction
   10.2 North America Capsule Endoscopy Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Capsule Endoscopy Market Size Forecast by Product
      10.6.1 Esophageal
      10.6.2 Small Bowel
      10.6.3 Colon
   10.7 Basis Point Share (BPS) Analysis by Product 
   10.8 Absolute $ Opportunity Assessment by Product 
   10.9 Market Attractiveness Analysis by Product
   10.10 North America Capsule Endoscopy Market Size Forecast by Application
      10.10.1 Small Intestine Tumors
      10.10.2 Crohn’s
      10.10.3 OGIB
   10.11 Basis Point Share (BPS) Analysis by Application 
   10.12 Absolute $ Opportunity Assessment by Application 
   10.13 Market Attractiveness Analysis by Application
   10.14 North America Capsule Endoscopy Market Size Forecast by Accessory
      10.14.1 Workstation & Recorder
      10.14.2 Wireless Capsule
   10.15 Basis Point Share (BPS) Analysis by Accessory 
   10.16 Absolute $ Opportunity Assessment by Accessory 
   10.17 Market Attractiveness Analysis by Accessory

Chapter 11 Europe Capsule Endoscopy Analysis and Forecast
   11.1 Introduction
   11.2 Europe Capsule Endoscopy Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Capsule Endoscopy Market Size Forecast by Product
      11.6.1 Esophageal
      11.6.2 Small Bowel
      11.6.3 Colon
   11.7 Basis Point Share (BPS) Analysis by Product 
   11.8 Absolute $ Opportunity Assessment by Product 
   11.9 Market Attractiveness Analysis by Product
   11.10 Europe Capsule Endoscopy Market Size Forecast by Application
      11.10.1 Small Intestine Tumors
      11.10.2 Crohn’s
      11.10.3 OGIB
   11.11 Basis Point Share (BPS) Analysis by Application 
   11.12 Absolute $ Opportunity Assessment by Application 
   11.13 Market Attractiveness Analysis by Application
   11.14 Europe Capsule Endoscopy Market Size Forecast by Accessory
      11.14.1 Workstation & Recorder
      11.14.2 Wireless Capsule
   11.15 Basis Point Share (BPS) Analysis by Accessory 
   11.16 Absolute $ Opportunity Assessment by Accessory 
   11.17 Market Attractiveness Analysis by Accessory

Chapter 12 Asia Pacific Capsule Endoscopy Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Capsule Endoscopy Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Capsule Endoscopy Market Size Forecast by Product
      12.6.1 Esophageal
      12.6.2 Small Bowel
      12.6.3 Colon
   12.7 Basis Point Share (BPS) Analysis by Product 
   12.8 Absolute $ Opportunity Assessment by Product 
   12.9 Market Attractiveness Analysis by Product
   12.10 Asia Pacific Capsule Endoscopy Market Size Forecast by Application
      12.10.1 Small Intestine Tumors
      12.10.2 Crohn’s
      12.10.3 OGIB
   12.11 Basis Point Share (BPS) Analysis by Application 
   12.12 Absolute $ Opportunity Assessment by Application 
   12.13 Market Attractiveness Analysis by Application
   12.14 Asia Pacific Capsule Endoscopy Market Size Forecast by Accessory
      12.14.1 Workstation & Recorder
      12.14.2 Wireless Capsule
   12.15 Basis Point Share (BPS) Analysis by Accessory 
   12.16 Absolute $ Opportunity Assessment by Accessory 
   12.17 Market Attractiveness Analysis by Accessory

Chapter 13 Latin America Capsule Endoscopy Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Capsule Endoscopy Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Capsule Endoscopy Market Size Forecast by Product
      13.6.1 Esophageal
      13.6.2 Small Bowel
      13.6.3 Colon
   13.7 Basis Point Share (BPS) Analysis by Product 
   13.8 Absolute $ Opportunity Assessment by Product 
   13.9 Market Attractiveness Analysis by Product
   13.10 Latin America Capsule Endoscopy Market Size Forecast by Application
      13.10.1 Small Intestine Tumors
      13.10.2 Crohn’s
      13.10.3 OGIB
   13.11 Basis Point Share (BPS) Analysis by Application 
   13.12 Absolute $ Opportunity Assessment by Application 
   13.13 Market Attractiveness Analysis by Application
   13.14 Latin America Capsule Endoscopy Market Size Forecast by Accessory
      13.14.1 Workstation & Recorder
      13.14.2 Wireless Capsule
   13.15 Basis Point Share (BPS) Analysis by Accessory 
   13.16 Absolute $ Opportunity Assessment by Accessory 
   13.17 Market Attractiveness Analysis by Accessory

Chapter 14 Middle East & Africa (MEA) Capsule Endoscopy Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Capsule Endoscopy Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Capsule Endoscopy Market Size Forecast by Product
      14.6.1 Esophageal
      14.6.2 Small Bowel
      14.6.3 Colon
   14.7 Basis Point Share (BPS) Analysis by Product 
   14.8 Absolute $ Opportunity Assessment by Product 
   14.9 Market Attractiveness Analysis by Product
   14.10 Middle East & Africa (MEA) Capsule Endoscopy Market Size Forecast by Application
      14.10.1 Small Intestine Tumors
      14.10.2 Crohn’s
      14.10.3 OGIB
   14.11 Basis Point Share (BPS) Analysis by Application 
   14.12 Absolute $ Opportunity Assessment by Application 
   14.13 Market Attractiveness Analysis by Application
   14.14 Middle East & Africa (MEA) Capsule Endoscopy Market Size Forecast by Accessory
      14.14.1 Workstation & Recorder
      14.14.2 Wireless Capsule
   14.15 Basis Point Share (BPS) Analysis by Accessory 
   14.16 Absolute $ Opportunity Assessment by Accessory 
   14.17 Market Attractiveness Analysis by Accessory

Chapter 15 Competition Landscape 
   15.1 Capsule Endoscopy Market: Competitive Dashboard
   15.2 Global Capsule Endoscopy Market: Market Share Analysis, 2019
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      15.3.1 Olympus Corporation
      15.3.2 CapsoVision
      15.3.3 the use of magnetic & hybrid capsules enabling better control and enhanced imaging are few other ongoing research attributes
      15.3.4 Ltd
      15.3.5 Chongqing Jinshan Science & Technology (Group) Co
      15.3.6 RF System lab New product development aimed at widening the application base is identified as one of the most viable sustainability strategies adopted by the manufacturers of capsule endoscopy devices Additionally
      15.3.7 Fujifilm Holding Corporation
      15.3.8 Ltd
      15.3.9 expected to propel market growth and intensify competition during the forecast period
      15.3.10 Given Imaging
      15.3.11 IntroMedic Co
Segments Covered in the Report
The global Capsule Endoscopy market has been segmented based on

By Product
  • Esophageal
  • Small Bowel
  • Colon
By Application
  • Small Intestine Tumors
  • Crohn’s
  • OGIB
By Accessory
  • Workstation & Recorder
  • Wireless Capsule
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Olympus Corporation
  • CapsoVision
  • the use of magnetic & hybrid capsules enabling better control and enhanced imaging are few other ongoing research attributes
  • Ltd
  • Chongqing Jinshan Science & Technology (Group) Co
  • RF System lab New product development aimed at widening the application base is identified as one of the most viable sustainability strategies adopted by the manufacturers of capsule endoscopy devices Additionally
  • Fujifilm Holding Corporation
  • Ltd
  • expected to propel market growth and intensify competition during the forecast period
  • Given Imaging
  • IntroMedic Co

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