Market Overview:
The Global Capsule Gastroscope Market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the rising prevalence of gastrointestinal diseases, increasing demand for minimally invasive procedures, and technological advancements in capsule gastroscopes. However, the high cost of devices may restrain the market growth during the forecast period. Based on type, the global capsule gastroscope market is segmented into magnetron and non-magnetron devices. The magnetron segment is expected to grow at a higher CAGR during the forecast period owing to its features such as high image quality and low noise levels. Based on application, the global capsule gastroscope market is segmented into diagnosis of stomach disorders and diagnosis of gastrointestinal diseases. The diagnosis of stomach disorders segment accounted for majority share in 2017 and it is projected to maintain its dominance during the forecast period due To increase in number gastric ulcers cases across globe .However ,the Diagnosis Of Gastrointestinal Diseases Segment Is Expected To Grow At A Higher Rate During Forecast Period Due To Rising Prevalence Of Colorectal Cancer And Other Digestive System Disorders .Geographically ,the Global Capsule Gastroscope Market Is Segmented Into North America ,Latin America Europe Asia Pacific And Middle East & Africa .
Product Definition:
A capsule gastroscope is a small, pill-sized camera that is used to view the inside of the stomach. It is inserted into the stomach through the mouth and down the esophagus. The capsule gastroscope provides a detailed view of the stomach lining and can be used to identify abnormalities, such as tumors or ulcers.
No Positioning:
No positioning is a marketing technique where the product or service being sold does not have a brand name. In other words, it's about getting rid of the traditional product placement and instead of that focusing on building an association between the customer and your brand by using personification.
The basic principle behind no positioning is that customers are more likely to buy products they understand, like and trust.
Magnetron:
The magnetron is a type of vacuum tube used in various applications such as television, microwave ovens, radar systems and other electronic devices. It works on the principle of electron beam that is produced by an electric current that flows through the gas filled inside the vacuum tube. The increased demand for high powered microwaves for medical use has led to an increase in research activities related to magnetrons over recent years.
Application Insights:
Diagnosis of stomach disorders held the largest share in 2015 owing to increasing prevalence of diseases, such as functional gastrointestinal disorders (FGID), chronic gastritis and Crohn¢â‚¬â„¢s disease. Capsule endoscopy is used for diagnosis of these FGIDs. The application is expected to grow at a lucrative rate during the forecast period due to growing awareness about digestive health among individuals across the globe.
The gastroscopes are also used for diagnosis of various other diseases, including pancreatic cancer, esophageal cancer and liver cancer. Increasing prevalence of chronic conditions coupled with rising geriatric population across the globe is expected to drive demand for capsule gastroscope during future years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing prevalence of stomach disorders and gastrointestinal diseases, rising adoption of minimally invasive surgeries, and high healthcare expenditure in this region. In addition, growing number of research studies conducted to validate the efficiency and safety of capsule Gastroscope is also expected to drive growth during the forecast period.
Europe followed North America in terms of market share with a little less than 25% owing to relatively lower penetration rates for capsule Gastroscope as compared magnetron type due to higher cost associated with it. However, increasing awareness regarding various treatment options available along with growing R&D activities by key players are expected to drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global Capsule Gastroscope market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less risky and cause less pain and discomfort than traditional surgery.
- Rising prevalence of gastrointestinal diseases: The rising prevalence of gastrointestinal diseases such as Crohn’s disease, ulcerative colitis, and gastric cancer is also contributing to the growth of the Capsule Gastroscope market.
- Technological advancements: The development of new technologies such as capsule endoscopy is aiding in the growth of the Capsule Gastroscope market. These technological advancements are making it easier for physicians to diagnose and treat various gastrointestinal disorders using a single device.
- Growing geriatric population: The growing geriatric population is another key factor driving the growth of this market as elderly people are more prone to developing gastrointestinal disorders than younger people..
Scope Of The Report
Report Attributes
Report Details
Report Title
Capsule Gastroscope Market Research Report
By Type
No Positioning, Magnetron
By Application
Diagnosis Of Stomach Disorders, Diagnosis Of Gastrointestinal Diseases
By Companies
AoHua Endoscope, PENTAX Medical, Fujifilm Holdings, Karl Storz, Olympus, Medtronic, Fujifilm, Cook Medical, Hoya, Huger Medical Instrument, Endomed Systems, Sonoscape
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Capsule Gastroscope Market Report Segments:
The global Capsule Gastroscope market is segmented on the basis of:
Types
No Positioning, Magnetron
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
Diagnosis Of Stomach Disorders, Diagnosis Of Gastrointestinal Diseases
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:
- AoHua Endoscope
- PENTAX Medical
- Fujifilm Holdings
- Karl Storz
- Olympus
- Medtronic
- Fujifilm
- Cook Medical
- Hoya
- Huger Medical Instrument
- Endomed Systems
- Sonoscape
Highlights of The Capsule Gastroscope 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:
- No Positioning
- Magnetron
- By Application:
- Diagnosis Of Stomach Disorders
- Diagnosis Of Gastrointestinal Diseases
- 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 Gastroscope 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?
A capsule gastroscope is a type of endoscopy that uses small capsules to view the inside of the stomach and intestines. This procedure is often used to diagnose and treat conditions such as GERD (gastroesophageal reflux disease), Barrett's esophagus, and Crohn's disease.
Some of the major companies in the capsule gastroscope market are AoHua Endoscope, PENTAX Medical, Fujifilm Holdings, Karl Storz, Olympus, Medtronic, Fujifilm, Cook Medical, Hoya, Huger Medical Instrument, Endomed Systems, Sonoscape.
The capsule gastroscope market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Capsule Gastroscope 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 Gastroscope Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Capsule Gastroscope 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 Gastroscope 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 Gastroscope Market Size & Forecast, 2018-2028
4.5.1 Capsule Gastroscope Market Size and Y-o-Y Growth
4.5.2 Capsule Gastroscope Market Absolute $ Opportunity
Chapter 5 Global Capsule Gastroscope 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 Gastroscope Market Size Forecast by Type
5.2.1 No Positioning
5.2.2 Magnetron
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Capsule Gastroscope 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 Gastroscope Market Size Forecast by Applications
6.2.1 Diagnosis Of Stomach Disorders
6.2.2 Diagnosis Of Gastrointestinal Diseases
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Capsule Gastroscope 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 Gastroscope 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 Gastroscope Analysis and Forecast
9.1 Introduction
9.2 North America Capsule Gastroscope 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 Gastroscope Market Size Forecast by Type
9.6.1 No Positioning
9.6.2 Magnetron
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 Gastroscope Market Size Forecast by Applications
9.10.1 Diagnosis Of Stomach Disorders
9.10.2 Diagnosis Of Gastrointestinal Diseases
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 Gastroscope Analysis and Forecast
10.1 Introduction
10.2 Europe Capsule Gastroscope 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 Gastroscope Market Size Forecast by Type
10.6.1 No Positioning
10.6.2 Magnetron
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 Gastroscope Market Size Forecast by Applications
10.10.1 Diagnosis Of Stomach Disorders
10.10.2 Diagnosis Of Gastrointestinal Diseases
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 Gastroscope Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Capsule Gastroscope 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 Gastroscope Market Size Forecast by Type
11.6.1 No Positioning
11.6.2 Magnetron
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 Gastroscope Market Size Forecast by Applications
11.10.1 Diagnosis Of Stomach Disorders
11.10.2 Diagnosis Of Gastrointestinal Diseases
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 Gastroscope Analysis and Forecast
12.1 Introduction
12.2 Latin America Capsule Gastroscope 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 Gastroscope Market Size Forecast by Type
12.6.1 No Positioning
12.6.2 Magnetron
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 Gastroscope Market Size Forecast by Applications
12.10.1 Diagnosis Of Stomach Disorders
12.10.2 Diagnosis Of Gastrointestinal Diseases
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 Gastroscope Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Capsule Gastroscope 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 Gastroscope Market Size Forecast by Type
13.6.1 No Positioning
13.6.2 Magnetron
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 Gastroscope Market Size Forecast by Applications
13.10.1 Diagnosis Of Stomach Disorders
13.10.2 Diagnosis Of Gastrointestinal Diseases
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 Gastroscope Market: Competitive Dashboard
14.2 Global Capsule Gastroscope Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AoHua Endoscope
14.3.2 PENTAX Medical
14.3.3 Fujifilm Holdings
14.3.4 Karl Storz
14.3.5 Olympus
14.3.6 Medtronic
14.3.7 Fujifilm
14.3.8 Cook Medical
14.3.9 Hoya
14.3.10 Huger Medical Instrument
14.3.11 Endomed Systems
14.3.12 Sonoscape
