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Capsule Endoscopy System Market By Component, By Disease Type: Global Opportunity Analysis and Industry Forecast, 2020-2030

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    Report

  • 210 Pages
  • April 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640291
The global capsule endoscopy system market was valued at $616.57 million in 2020, and is projected to reach $2.0 billion by 2030, growing at a CAGR of 12.4% from 2021 to 2030.

Capsule endoscopes are tiny wireless endoscopic systems that capture images of the body's interior. The endoscopic camera is small enough to fit in a vitamin capsule and can capture hundreds of images, which are subsequently sent to the recorder. Physicians can use capsule endoscopes to acquire images of parts of the body that a regular endoscope cannot reach. It is a technique used for the diagnosis and monitoring of gastrointestinal disorders, including small bowel diseases, colonic diseases, and esophageal diseases using wireless video capsule, data recorder, software, and workstations.

Major factors that drive the growth of the global capsule endoscopy systems market include rise demand for minimally invasive diagnostic procedures, increase in prevalence of cancer, growth in geriatric population, and surge in introduction of technologically advanced capsules. However, high cost of treatments and endoscopy equipment, limited reimbursement, and the risk of retention of the capsule may require endoscopic retrieval or rarely surgical resection restrain the market growth. Conversely, many innovative and technologically advanced products gain commercialization during the forecast period, owing to increase in R&D activities of key market players.

The global capsule endoscopy systems market is segmented on the basis of component, disease, and region. According to component, it is divided into capsule endoscopes and recorders & workstations. Depending on disease, it is divided into small intestine disorder, esophageal disorder, and colonic disorder. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA).

The major companies profiled in the report include Given Imaging (Medtronic), IntroMedic Co., Ltd., Olympus Corporation, Chongqing Jinshan Science & Technology (Group) Co., Ltd., RF System lab, CapsoVision, Shengxian Minimal Invasive Inc., Check -Cap, Accuread Endoscopy Inc., Fujifilm Holding Corporation, and Anhan Technology (wuhan) co., Ltd.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the capsule endoscopy system market analysis from 2020 to 2030 to identify the prevailing capsule endoscopy system market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the capsule endoscopy system market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global capsule endoscopy system market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments


By Component

  • Capsule Endoscope
  • Work stations and recorders

By Disease Type

  • Small Intestine Disorder
  • Esophageal disorder
  • Colonic disorder

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Olympus Corporation
  • CapsoVision Inc.
  • Chongqing Jinshan Science and Technology Group Co.
  • IntroMedic Co.
  • RF Systems Lab
  • Shangxian Minimal Invasive Inc.
  • MEDTRONIC PLC.
  • Fujifilm Holding Corporation
  • Check Cap
  • Anx Robotica

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: CAPSULE ENDOSCOPY SYSTEM MARKET, BY COMPONENT
4.1 Overview
4.1.1 Market size and forecast
4.2 Capsule Endoscope
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Work stations and recorders
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: CAPSULE ENDOSCOPY SYSTEM MARKET, BY DISEASE TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Small Intestine Disorder
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Esophageal disorder
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Colonic disorder
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: CAPSULE ENDOSCOPY SYSTEM MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Component
6.2.3 North America Market size and forecast, by Disease Type
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Component
6.2.4.1.2 Market size and forecast, by Disease Type
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Component
6.2.4.2.2 Market size and forecast, by Disease Type
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Component
6.2.4.3.2 Market size and forecast, by Disease Type
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Component
6.3.3 Europe Market size and forecast, by Disease Type
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Component
6.3.4.1.2 Market size and forecast, by Disease Type
6.3.4.2 France
6.3.4.2.1 Market size and forecast, by Component
6.3.4.2.2 Market size and forecast, by Disease Type
6.3.4.3 U.K.
6.3.4.3.1 Market size and forecast, by Component
6.3.4.3.2 Market size and forecast, by Disease Type
6.3.4.4 Italy
6.3.4.4.1 Market size and forecast, by Component
6.3.4.4.2 Market size and forecast, by Disease Type
6.3.4.5 Spain
6.3.4.5.1 Market size and forecast, by Component
6.3.4.5.2 Market size and forecast, by Disease Type
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Component
6.3.4.6.2 Market size and forecast, by Disease Type
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Component
6.4.3 Asia-Pacific Market size and forecast, by Disease Type
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 Japan
6.4.4.1.1 Market size and forecast, by Component
6.4.4.1.2 Market size and forecast, by Disease Type
6.4.4.2 China
6.4.4.2.1 Market size and forecast, by Component
6.4.4.2.2 Market size and forecast, by Disease Type
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Component
6.4.4.3.2 Market size and forecast, by Disease Type
6.4.4.4 Australia
6.4.4.4.1 Market size and forecast, by Component
6.4.4.4.2 Market size and forecast, by Disease Type
6.4.4.5 South Korea
6.4.4.5.1 Market size and forecast, by Component
6.4.4.5.2 Market size and forecast, by Disease Type
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Market size and forecast, by Component
6.4.4.6.2 Market size and forecast, by Disease Type
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Component
6.5.3 LAMEA Market size and forecast, by Disease Type
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Component
6.5.4.1.2 Market size and forecast, by Disease Type
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Component
6.5.4.2.2 Market size and forecast, by Disease Type
6.5.4.3 South Africa
6.5.4.3.1 Market size and forecast, by Component
6.5.4.3.2 Market size and forecast, by Disease Type
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Market size and forecast, by Component
6.5.4.4.2 Market size and forecast, by Disease Type
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Olympus Corporation
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 CapsoVision Inc.
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Chongqing Jinshan Science and Technology Group Co.
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 IntroMedic Co.
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 RF Systems Lab
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Shangxian Minimal Invasive Inc.
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 MEDTRONIC PLC.
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Fujifilm Holding Corporation
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Check Cap
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 Anx Robotica
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 2. Capsule Endoscopy System Market Size, for Capsule Endoscope, by Region, 2020-2030 ($Million)
Table 3. Capsule Endoscopy System Market for Capsule Endoscope, by Country, 2020-2030 ($Million)
Table 4. Capsule Endoscopy System Market Size, for Work Stations and Recorders, by Region, 2020-2030 ($Million)
Table 5. Capsule Endoscopy System Market for Work Stations and Recorders, by Country, 2020-2030 ($Million)
Table 6. Global Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 7. Capsule Endoscopy System Market Size, for Small Intestine Disorder, by Region, 2020-2030 ($Million)
Table 8. Capsule Endoscopy System Market for Small Intestine Disorder, by Country, 2020-2030 ($Million)
Table 9. Capsule Endoscopy System Market Size, for Esophageal Disorder, by Region, 2020-2030 ($Million)
Table 10. Capsule Endoscopy System Market for Esophageal Disorder, by Country, 2020-2030 ($Million)
Table 11. Capsule Endoscopy System Market Size, for Colonic Disorder, by Region, 2020-2030 ($Million)
Table 12. Capsule Endoscopy System Market for Colonic Disorder, by Country, 2020-2030 ($Million)
Table 13. Capsule Endoscopy System Market, by Region, 2020-2030 ($Million)
Table 14. North America Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 15. North America Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 16. North America Capsule Endoscopy System Market, by Country, 2020-2030 ($Million)
Table 17. U.S. Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 18. U.S. Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 19. Canada Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 20. Canada Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 21. Mexico Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 22. Mexico Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 23. Europe Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 24. Europe Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 25. Europe Capsule Endoscopy System Market, by Country, 2020-2030 ($Million)
Table 26. Germany Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 27. Germany Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 28. France Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 29. France Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 30. U.K. Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 31. U.K. Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 32. Italy Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 33. Italy Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 34. Spain Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 35. Spain Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 36. Rest of Europe Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 37. Rest of Europe Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 38. Asia-Pacific Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 39. Asia-Pacific Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 40. Asia-Pacific Capsule Endoscopy System Market, by Country, 2020-2030 ($Million)
Table 41. Japan Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 42. Japan Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 43. China Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 44. China Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 45. India Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 46. India Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 47. Australia Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 48. Australia Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 49. South Korea Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 50. South Korea Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 51. Rest of Asia-Pacific Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 52. Rest of Asia-Pacific Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 53. LAMEA Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 54. LAMEA Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 55. LAMEA Capsule Endoscopy System Market, by Country, 2020-2030 ($Million)
Table 56. Brazil Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 57. Brazil Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 58. Saudi Arabia Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 59. Saudi Arabia Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 60. South Africa Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 61. South Africa Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 62. Rest of LAMEA Capsule Endoscopy System Market, by Component, 2020-2030 ($Million)
Table 63. Rest of LAMEA Capsule Endoscopy System Market, by Disease Type, 2020-2030 ($Million)
Table 64. Olympus Corporation: Company Snapshot
Table 65. Olympus Corporation: Operating Segments
Table 66. Olympus Corporation: Product Portfolio
Table 67. Olympus Corporation: Net Sales
Table 68. Olympus Corporation: Key Stratergies
Table 69. Capsovision Inc.: Company Snapshot
Table 70. Capsovision Inc.: Operating Segments
Table 71. Capsovision Inc.: Product Portfolio
Table 72. Capsovision Inc.: Net Sales
Table 73. Capsovision Inc.: Key Stratergies
Table 74. Chongqing Jinshan Science and Technology Group Co.: Company Snapshot
Table 75. Chongqing Jinshan Science and Technology Group Co.: Operating Segments
Table 76. Chongqing Jinshan Science and Technology Group Co.: Product Portfolio
Table 77. Chongqing Jinshan Science and Technology Group Co.: Net Sales
Table 78. Chongqing Jinshan Science and Technology Group Co.: Key Stratergies
Table 79. Intromedic Co.: Company Snapshot
Table 80. Intromedic Co.: Operating Segments
Table 81. Intromedic Co.: Product Portfolio
Table 82. Intromedic Co.: Net Sales
Table 83. Intromedic Co.: Key Stratergies
Table 84. Rf Systems Lab: Company Snapshot
Table 85. Rf Systems Lab: Operating Segments
Table 86. Rf Systems Lab: Product Portfolio
Table 87. Rf Systems Lab: Net Sales
Table 88. Rf Systems Lab: Key Stratergies
Table 89. Shangxian Minimal Invasive Inc.: Company Snapshot
Table 90. Shangxian Minimal Invasive Inc.: Operating Segments
Table 91. Shangxian Minimal Invasive Inc.: Product Portfolio
Table 92. Shangxian Minimal Invasive Inc.: Net Sales
Table 93. Shangxian Minimal Invasive Inc.: Key Stratergies
Table 94. Medtronic plc.: Company Snapshot
Table 95. Medtronic plc.: Operating Segments
Table 96. Medtronic plc.: Product Portfolio
Table 97. Medtronic plc.: Net Sales
Table 98. Medtronic plc.: Key Stratergies
Table 99. Fujifilm Holding Corporation: Company Snapshot
Table 100. Fujifilm Holding Corporation: Operating Segments
Table 101. Fujifilm Holding Corporation: Product Portfolio
Table 102. Fujifilm Holding Corporation: Net Sales
Table 103. Fujifilm Holding Corporation: Key Stratergies
Table 104. Check Cap: Company Snapshot
Table 105. Check Cap: Operating Segments
Table 106. Check Cap: Product Portfolio
Table 107. Check Cap: Net Sales
Table 108. Check Cap: Key Stratergies
Table 109. Anx Robotica: Company Snapshot
Table 110. Anx Robotica: Operating Segments
Table 111. Anx Robotica: Product Portfolio
Table 112. Anx Robotica: Net Sales
Table 113. Anx Robotica: Key Stratergies
LIST OF FIGURES
Figure 1. Capsule Endoscopy System Market Segmentation
Figure 2. Capsule Endoscopy System Market, 2020-2030
Figure 3. Capsule Endoscopy System Market, 2020-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Capsule Endoscopy System Market:Drivers, Restraints and Opportunities
Figure 12. Capsule Endoscopy System Market, by Component, 2020 (%)
Figure 13. Comparative Share Analysis of Capsule Endoscope Capsule Endoscopy System Market, 2020-2030 (%)
Figure 14. Comparative Share Analysis of Work Stations and Recorders Capsule Endoscopy System Market, 2020-2030 (%)
Figure 15. Capsule Endoscopy System Market, by Disease Type, 2020 (%)
Figure 16. Comparative Share Analysis of Small Intestine Disorder Capsule Endoscopy System Market, 2020-2030 (%)
Figure 17. Comparative Share Analysis of Esophageal Disorder Capsule Endoscopy System Market, 2020-2030 (%)
Figure 18. Comparative Share Analysis of Colonic Disorder Capsule Endoscopy System Market, 2020-2030 (%)
Figure 19. Capsule Endoscopy System Market by Region, 2020
Figure 20. U.S. Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 21. Canada Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 22. Mexico Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 23. Germany Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 24. France Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 25. U.K. Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 26. Italy Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 27. Spain Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 28. Rest of Europe Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 29. Japan Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 30. China Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 31. India Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 32. Australia Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 33. South Korea Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 34. Rest of Asia-Pacific Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 35. Brazil Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 36. Saudi Arabia Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 37. South Africa Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 38. Rest of LAMEA Capsule Endoscopy System Market, 2020-2030 ($Million)
Figure 39. Top Winning Strategies, by Year
Figure 40. Top Winning Strategies, by Development
Figure 41. Top Winning Strategies, by Company
Figure 42. Product Mapping of Top 10 Players
Figure 43. Competitive Dashboard
Figure 44. Competitive Heatmap of Top 10 Key Players
Figure 45. Olympus Corporation.: Net Sales, ($Million)
Figure 46. Capsovision Inc. Net Sales, ($Million)
Figure 47. Chongqing Jinshan Science and Technology Group Co. Net Sales, ($Million)
Figure 48. Intromedic Co. Net Sales, ($Million)
Figure 49. Rf Systems Lab.: Net Sales, ($Million)
Figure 50. Shangxian Minimal Invasive Inc. Net Sales, ($Million)
Figure 51. Medtronic PLC. Net Sales, ($Million)
Figure 52. Fujifilm Holding Corporation.: Net Sales, ($Million)
Figure 53. Check Cap.: Net Sales, ($Million)
Figure 54. Anx Robotica.: Net Sales, ($Million)

Executive Summary

According to this report titled, 'Capsule Endoscopy System Market,' the capsule endoscopy system market was valued at $616.57 million in 2020, and is estimated to reach $2.0 billion by 2030, growing at a CAGR of 12.4% from 2021 to 2030.

Capsule endoscopy is a non-invasive procedure that permits a comprehensive examination of the gastrointestinal tract utilizing a video capsule, which is equipped with a camera, battery, transmitter, and light source. The images captured by video capsules in the esophagus, stomach, and small intestine are used to diagnose gastrointestinal disease. Advanced technologies develop newer types of capsule endoscopes, which include small bowel capsule endoscope, colon capsule endoscope, and esophagus capsule endoscopes. Advancement in technology have brought a high level of accuracy, safety, and precision to endoscopy, which was critical to achieve.

Increase in prevalence of cancer, growth in global geriatric population, rise in demand for minimally invasive diagnostic procedures, and surge in introduction of technologically advanced capsules drive the market growth However, high cost of treatments and endoscopy equipment, limited reimbursement, and risk of retention of the capsule, which may require endoscopic retrieval or rarely surgical resection hinder the capsule endoscopy system market growth. Conversely, continuous product innovations and introduction of capsule endoscopy in untapped countries are expected to provide lucrative growth opportunities for key market players.

On the basis of component, in capsule endoscopy system market size the capsule endoscopes segment is expected to dominate the market throughout the forecast period. In addition, this segment register the highest CAGR of 12.7% during the capsule endoscopy system market forecast period, owing to potential to fulfil the need of minimally invasive tools to explore the gastrointestinal tract and allow the visualization of inaccessible parts. Furthermore, capsule endoscopy is popular among medical and healthcare experts, owing to its property of obtaining a faster and more accurate diagnosis.

Depending on disease in capsule endoscopy system market analysis, the small intestine disorder segment accounted for a major capsule endoscopy system market share of the market share in the capsule endoscopy systems market in 2020. This segment is expected to exhibit a prominent growth rate, owing to the large patient base suffering from small bowel disease. In addition, it has an establish reimbursement policies in developed and developing economies.

Region wise in capsule endoscopy system industry, North America accounted for more than 12.3% of the global market share in 2020, and is expected to remain dominant throughout the forecast period owing due to rise in preference for minimally invasive screening procedures, surge in technologically enhanced products and systems, and increase in construction of healthcare infrastructure. Asia-Pacific is projected to register the highest CAGR of 13.2% during the forecast period, owing to improving healthcare infrastructure, rising geriatric population,and significant economic development.

The major companies profiled in the capsule endoscopy system industry report include in Given Imaging (Medtronic), IntroMedic Co., Ltd., Olympus Corporation, Chongqing Jinshan Science & Technology (Group) Co., Ltd., RF System lab, CapsoVision, Shengxian Minimal Invasive Inc., Check -Cap, Accuread Endoscopy Inc., Fujifilm Holding Corporation, Anhan Technology (wuhan) co., Ltd.

Key findings of the Study

  • By component, the capsule endoscopes segment is expected to experience rapid growth in the market, and is projected to grow at a CAGR of 12.7% from 2021 to 2030.
  • By disease, small intestine disorder segment is projected to grow at a CAGR of 12.2% during the forecast period.
  • Region-wise, North America is expected to experience growth at the highest rate, registering a CAGR of 12.2% during the forecast period.

Companies Mentioned

  • Olympus Corporation
  • CapsoVision Inc.
  • Chongqing Jinshan Science and Technology Group Co.
  • IntroMedic Co.
  • RF Systems Lab
  • Shangxian Minimal Invasive Inc.
  • MEDTRONIC PLC.
  • Fujifilm Holding Corporation
  • Check Cap
  • Anx Robotica

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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