Market Overview:
The global capsule endoscopy diagnostics market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of gastrointestinal diseases, rising demand for minimally invasive diagnostic procedures, and technological advancements in capsule endoscopy devices. Based on type, the global capsule endoscopy diagnostics market is segmented into polyps detection, Crohn's disease diagnosis, ulcers monitoring, celiac detection, tumors of small intestine, occult gastrointestinal bleeding and diverticulosis detection. Polyps detection is expected to be the fastest-growing segment during the forecast period owing to increasing prevalence of polyps worldwide. Based on application, hospitals are expected to account for the largest share of the global capsule endoscopy diagnostics market in 2018 followed by ambulatory centers and private clinics.
Product Definition:
Capsule Endoscopy Diagnostics is a process of examining the small intestine using a tiny, wireless camera that is contained within a pill-sized device. The device is swallowed and travels through the digestive tract, transmitting images to a monitor. This allows physicians to see inside the small intestine and look for abnormalities or problems. Capsule Endoscopy Diagnostics can be used to detect conditions such as Crohn's disease, ulcers, tumors, and bleeding in the intestines.
Polyps Detection:
Polyps detection is a new technology that has been recently commercialized and is expected to gain popularity in capsule endoscopy diagnostics. It helps detect polyps during the Capsule Endoscopy (CE) process, which are not visible to the human eye. CE involves insertion of a thin flexible tube called as a capsule into the mouth, through which diagnostic images can be captured.
Crohn's Disease Diagnosis:
The global Crohn's disease diagnosis and it's usage in capsule endoscopy diagnostics market size was valued at USD 1.1 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
Based on application, the global capsule endoscopy diagnostics market is segmented into hospitals, ambulatory centers and private clinics. The hospital segment dominated the market in 2017 owing to factors such as a large patient base and increasing prevalence of chronic diseases that require long-term medical management. Furthermore, an increase in government initiatives for improving healthcare infrastructure across various regions will further boost growth over the forecast period.
The private clinic segment is expected to witness lucrative growth during the forecast period due to factors such as high costs associated with diagnostic procedures at hospitals coupled with rising demand for minimally invasive surgeries among select patients based on their condition or preference. In addition, an increase in spending capacity of individuals from developed countries will also fuel industry expansion over the next few years.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of colorectal cancer and other gastrointestinal disorders. Moreover, technological advancements such as capsule endoscopy with improved imaging modalities are also expected to drive the regional growth over the forecast period. Asia Pacific is expected to grow at a lucrative rate during the forecast period due to improving healthcare infrastructure and rising awareness about early diagnosis of various diseases. Furthermore, an increase in disposable income levels will further boost demand for medical devices resulting in higher revenue generation from this region over time.
The key players operating in this industry are Olympus Corporation; Fujifilm Holdings Corporation; Koninklijke Philips N.V.; Samsung Electronics Co., Ltd.; Sony Corporation; Leica Microsystems GmbH & Co., Ltd.; Carl Zeiss Meditec AGLI-COR S.p rA; Stryker Canada Inc.
Growth Factors:
- Increasing incidence of gastrointestinal diseases: The incidence of gastrointestinal diseases is increasing globally due to changing lifestyle and food habits. This is expected to drive the demand for capsule endoscopy diagnostics over the forecast period.
- Technological advancements: The technology used in capsule endoscopy diagnostics is evolving rapidly, which is resulting in better image quality and accuracy. This is expected to boost the demand for these devices over the forecast period.
- Growing awareness about benefits of capsule endoscopy diagnostics: There is growing awareness among healthcare professionals and patients about the benefits of using capsule endoscopy diagnostics for diagnosis of various gastrointestinal disorders. This is likely to propel the growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Capsule Endoscopy Diagnostics Market Research Report
By Type
Polyps Detection, Crohn's Disease Diagnosis, Ulcers Monitoring, Celiac Detection, Tumors Of Small Intestine, Occult Gastrointestinal Bleeding, Diverticulosis Detection
By Application
Hospitals, Ambulatory Centers, Private Clinics
By Companies
CapsoVision, Inc., Check-Cap Ltd., Medtronic, IntroMedic Co., Ltd., Olympus Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Capsule Endoscopy Diagnostics Market Report Segments:
The global Capsule Endoscopy Diagnostics market is segmented on the basis of:
Types
Polyps Detection, Crohn's Disease Diagnosis, Ulcers Monitoring, Celiac Detection, Tumors Of Small Intestine, Occult Gastrointestinal Bleeding, Diverticulosis Detection
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Centers, Private Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CapsoVision, Inc.
- Check-Cap Ltd.
- Medtronic
- IntroMedic Co., Ltd.
- Olympus Corporation
Highlights of The Capsule Endoscopy Diagnostics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyps Detection
- Crohn's Disease Diagnosis
- Ulcers Monitoring
- Celiac Detection
- Tumors Of Small Intestine
- Occult Gastrointestinal Bleeding
- Diverticulosis Detection
- By Application:
- Hospitals
- Ambulatory Centers
- Private Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Capsule Endoscopy Diagnostics 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Capsule endoscopy diagnostics is a medical technology that uses capsules to take images of the inside of the human stomach and small intestine.
Some of the major companies in the capsule endoscopy diagnostics market are CapsoVision, Inc., Check-Cap Ltd., Medtronic, IntroMedic Co., Ltd., Olympus Corporation.
The capsule endoscopy diagnostics market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Capsule Endoscopy Diagnostics 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 Diagnostics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Capsule Endoscopy Diagnostics 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 Diagnostics 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 Diagnostics Market Size & Forecast, 2018-2028
4.5.1 Capsule Endoscopy Diagnostics Market Size and Y-o-Y Growth
4.5.2 Capsule Endoscopy Diagnostics Market Absolute $ Opportunity
Chapter 5 Global Capsule Endoscopy Diagnostics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Capsule Endoscopy Diagnostics Market Size Forecast by Type
5.2.1 Polyps Detection
5.2.2 Crohn's Disease Diagnosis
5.2.3 Ulcers Monitoring
5.2.4 Celiac Detection
5.2.5 Tumors Of Small Intestine
5.2.6 Occult Gastrointestinal Bleeding
5.2.7 Diverticulosis Detection
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Capsule Endoscopy Diagnostics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Capsule Endoscopy Diagnostics Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Centers
6.2.3 Private Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Capsule Endoscopy Diagnostics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Capsule Endoscopy Diagnostics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Capsule Endoscopy Diagnostics Analysis and Forecast
9.1 Introduction
9.2 North America Capsule Endoscopy Diagnostics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Capsule Endoscopy Diagnostics Market Size Forecast by Type
9.6.1 Polyps Detection
9.6.2 Crohn's Disease Diagnosis
9.6.3 Ulcers Monitoring
9.6.4 Celiac Detection
9.6.5 Tumors Of Small Intestine
9.6.6 Occult Gastrointestinal Bleeding
9.6.7 Diverticulosis Detection
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Capsule Endoscopy Diagnostics Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Centers
9.10.3 Private Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Capsule Endoscopy Diagnostics Analysis and Forecast
10.1 Introduction
10.2 Europe Capsule Endoscopy Diagnostics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
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 Europe Capsule Endoscopy Diagnostics Market Size Forecast by Type
10.6.1 Polyps Detection
10.6.2 Crohn's Disease Diagnosis
10.6.3 Ulcers Monitoring
10.6.4 Celiac Detection
10.6.5 Tumors Of Small Intestine
10.6.6 Occult Gastrointestinal Bleeding
10.6.7 Diverticulosis Detection
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Capsule Endoscopy Diagnostics Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Centers
10.10.3 Private Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Capsule Endoscopy Diagnostics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Capsule Endoscopy Diagnostics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
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 Asia Pacific Capsule Endoscopy Diagnostics Market Size Forecast by Type
11.6.1 Polyps Detection
11.6.2 Crohn's Disease Diagnosis
11.6.3 Ulcers Monitoring
11.6.4 Celiac Detection
11.6.5 Tumors Of Small Intestine
11.6.6 Occult Gastrointestinal Bleeding
11.6.7 Diverticulosis Detection
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Capsule Endoscopy Diagnostics Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Centers
11.10.3 Private Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Capsule Endoscopy Diagnostics Analysis and Forecast
12.1 Introduction
12.2 Latin America Capsule Endoscopy Diagnostics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
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 Latin America Capsule Endoscopy Diagnostics Market Size Forecast by Type
12.6.1 Polyps Detection
12.6.2 Crohn's Disease Diagnosis
12.6.3 Ulcers Monitoring
12.6.4 Celiac Detection
12.6.5 Tumors Of Small Intestine
12.6.6 Occult Gastrointestinal Bleeding
12.6.7 Diverticulosis Detection
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Capsule Endoscopy Diagnostics Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Centers
12.10.3 Private Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Capsule Endoscopy Diagnostics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Capsule Endoscopy Diagnostics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
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 Middle East & Africa (MEA) Capsule Endoscopy Diagnostics Market Size Forecast by Type
13.6.1 Polyps Detection
13.6.2 Crohn's Disease Diagnosis
13.6.3 Ulcers Monitoring
13.6.4 Celiac Detection
13.6.5 Tumors Of Small Intestine
13.6.6 Occult Gastrointestinal Bleeding
13.6.7 Diverticulosis Detection
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Capsule Endoscopy Diagnostics Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Centers
13.10.3 Private Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Capsule Endoscopy Diagnostics Market: Competitive Dashboard
14.2 Global Capsule Endoscopy Diagnostics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CapsoVision, Inc.
14.3.2 Check-Cap Ltd.
14.3.3 Medtronic
14.3.4 IntroMedic Co., Ltd.
14.3.5 Olympus Corporation
