Market Research Future (MRFR) analysed the Global Capsule Endoscopy Market Players 2023 through the analysis period till 2030. As per MRFR assessment, the capsule endoscopy market is expected to rise at 8.4% CAGR in the review period. BY 2030, the capsule endoscopy market is anticipated to touch USD 1.29 Bn. COVID 19 impact study for the capsule endoscopy market is supplemented with thee report.
Improved surgery of the intestines and other digestive tracts is made possible by capsule endoscopy. Capsule endoscopy's improved surgical viability may encourage the market's growth during the study period. The ability of capsule endoscopy to accurately detect ulcers, inflammatory bowel disease, polyps, and tumours of the small intestine may help to increase the market size for this procedure.
Additionally, as small intestinal disorders become more common, the market for modern, technologically advanced capsule endoscopy systems is expected to flourish. The growing elderly population may also fuel market expansion. On the other hand, risks and side effects related to capsule endoscopy as well as a shortage of qualified doctors may limit progress.
Scope of the Capsule Endoscopy Market Report
The report that is recently published by MRFR on the capsule endoscopy market shed light on different forces that are observed to have long-term and short-term impact on the market. The report vividly elaborates on growth dynamics of the market for the review period. The segment assessment of the capsule endoscopy market offers a comprehensive understanding of the market for the evaluation period. The regional progress analysis of the capsule endoscopy market is elaborate. Competitor portfolio for the capsule endoscopy market is illustrated in the report. Modern research approach was made for an in-depth understanding of the cosmetic surgery market. Some of the leading Capsule Endoscopy Market Players are
Chongqing Jinshan Science Technology
Olympus Corporation
Medtronic PLC
CapsoVision Inc.
IntroMedic
Fujifilm Holding AccuRead Endoscopy Inc
and Corporation
RF Co.Ltd
Market Segmentation
The segment assessment of the global capsule endoscopy market is done by endoscope type, component, application, product, and end user.
The component-based segments of the capsule endoscopy market are capsule endoscopy data recorder, capsule endoscope, and capsule endoscopy workstations.
The endoscope type-based segments of the capsule endoscopy market are capsule neuro-endoscopes and capsule cystoscopies.
The product-based segments of the capsule endoscopy market are esophageal capsule, small bowel capsule, and colon capsule.
The application-based segments of the capsule endoscopy market are Crohn’s disease, obscure gastrointestinal bleeding (OGIB), and small intestine tumor.
The end user-based segments of the capsule endoscopy market are clinics, and hospitals among others. The hospital segment of the capsule endoscopy market is expected to value at above USD 1.29 Bn by 2030.
Regional Analysis
The Americas capsule endoscopy market can rise at high pace in the forecast period. The presence of a large patient base afflicted with intestinal diseases, developed healthcare expenditure, well-developed technology, and support for research and development by regional government can promote the regional market in the years to come.
The regional capsule endoscopy market in the EU may benefit from the quick development of novel medications and biosimilars for the treatment of GIT diseases. As cases of ulcerative colitis and Crohn's disease are seen to be increasing, the Europe capsule endoscopy market may be able to acquire the second-largest share of the global market over the study period. In APAC, mergers and acquisitions between reputable businesses can help the region's market expand. The market for capsule endoscopy can grow steadily in MEA.
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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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