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According to the latest research, the global Capsule Endoscopy market size was valued at USD 353.39 million in 2022 and is expected to expand at a CAGR of 9.63% during the forecast period, reaching USD 613.52 million by 2028.
Capsule endoscopy is a process that involves swallowing small capsules the size of a large vitamin pill. There is a miniature wireless camera inside the capsule, which is a medical instrument used to examine the human intestines. The capsule endoscope can enter the human body and is used to spy on the health status of the human body's stomach and esophagus. It is used to help doctors diagnose diseases of the patient's digestive tract.
Influence of COVID-19 Outbreak on Capsule Endoscopy Industry Development
COVID-19 has a short-term impact on the supply chain. Components include housings, optical windows, LED arrays, optical lenses, CMOS image sensors, radio frequency transmitters, antennas, and power supplies. These productions require a supply chain, and home isolation and shutdown policies will affect the production cycle and logistics costs, which will have a short-term negative impact on products. In the short term, it will also affect the capital market and investors' investment confidence, which will have a negative impact on the company's subsequent financing.
During the COVID-19 period, capsule endoscopy can be used as a contactless solution, including single use, low risk of cross-infection, good tolerance, low risk of aerosol generation, and minimum medical staff requirements (only one staff member) And so on. People can realize the advantages of capsule endoscopy, and the improvement of related understanding will help increase the subsequent demand.
Drivers
Aging increases the risk of gastrointestinal diseases, such as CRC, inflammatory bowel disease, and appendicitis. As the global aging trend increases, the probability of gastrointestinal diseases increases, people's demand for related treatments increases, and the demand for capsule endoscopy as a tool for diagnosis and treatment will also increase.
As people’s personal disposable income increases, people’s requirements for treatment comfort increase. Many existing endoscopy methods can make the patient very uncomfortable and may even feel painful. At the same time, the available range of using conventional endoscopes is also limited, and most of the small intestine cannot be entered. However, the capsule endoscope is used as a form of swallowable medicine to investigate abnormal symptoms in the esophagus, stomach, small part of the small intestine, and colon. The comfort is increased, and the doctor's treatment range is expanded. This will promote the development of the industry.
Region Overview:
From 2022-2027, Middle East & Africa is estimated to witness robust growth prospects.
Company Overview:
Medtronic Plc is one of the major players operating in the Capsule Endoscopy market, holding a share of 57.04% in 2021.One of the world's largest medical technology companies, mainly providing life-long treatment plans for patients with chronic diseases, including the production of medical devices.
Olympus Corporation
A company specializing in optics and imaging. Products include microscopes, endoscopes and other medical equipment.
Segmentation Overview:
Among different product types, Small Bowel Capsule segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Hospitals segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Capsule Endoscopy industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Capsule Endoscopy. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Capsule Endoscopy Market Report Include:
Market Size Estimates: Capsule Endoscopy market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Capsule Endoscopy market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Capsule Endoscopy market
Segment Market Analysis: Capsule Endoscopy market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Capsule Endoscopy market situations and prospects in major and top regions and countries
Capsule Endoscopy Market
Capsule Endoscopy Industry Chain: Capsule Endoscopy market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Capsule Endoscopy Industry News, Policies by regions
Capsule Endoscopy Industry Porters Five Forces Analysis
Key players in the global Capsule Endoscopy market are covered in Chapter 2:
IntroMedic
Chongqing Jinshan Science and Technology
Ankon
Medtronic Plc
Capsovision
Olympus Corporation
In Chapter 6 and Chapter 9, on the basis of types, the Capsule Endoscopy market from 2018 to 2028 is primarily split into:
Small Bowel Capsule
Esophageal Capsule
Colon Capsule
In Chapter 7 and Chapter 10, on the basis of applications, the Capsule Endoscopy market from 2018 to 2028 covers:
Hospitals
Clinics
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Capsule Endoscopy market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Capsule Endoscopy industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Capsule Endoscopy market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Capsule Endoscopy industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Capsule Endoscopy market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Capsule Endoscopy market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Capsule Endoscopy market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Capsule endoscopy is a process that involves swallowing small capsules the size of a large vitamin pill. There is a miniature wireless camera inside the capsule, which is a medical instrument used to examine the human intestines. The capsule endoscope can enter the human body and is used to spy on the health status of the human body's stomach and esophagus. It is used to help doctors diagnose diseases of the patient's digestive tract.
Influence of COVID-19 Outbreak on Capsule Endoscopy Industry Development
COVID-19 has a short-term impact on the supply chain. Components include housings, optical windows, LED arrays, optical lenses, CMOS image sensors, radio frequency transmitters, antennas, and power supplies. These productions require a supply chain, and home isolation and shutdown policies will affect the production cycle and logistics costs, which will have a short-term negative impact on products. In the short term, it will also affect the capital market and investors' investment confidence, which will have a negative impact on the company's subsequent financing.
During the COVID-19 period, capsule endoscopy can be used as a contactless solution, including single use, low risk of cross-infection, good tolerance, low risk of aerosol generation, and minimum medical staff requirements (only one staff member) And so on. People can realize the advantages of capsule endoscopy, and the improvement of related understanding will help increase the subsequent demand.
Drivers
Aging increases the risk of gastrointestinal diseases, such as CRC, inflammatory bowel disease, and appendicitis. As the global aging trend increases, the probability of gastrointestinal diseases increases, people's demand for related treatments increases, and the demand for capsule endoscopy as a tool for diagnosis and treatment will also increase.
As people’s personal disposable income increases, people’s requirements for treatment comfort increase. Many existing endoscopy methods can make the patient very uncomfortable and may even feel painful. At the same time, the available range of using conventional endoscopes is also limited, and most of the small intestine cannot be entered. However, the capsule endoscope is used as a form of swallowable medicine to investigate abnormal symptoms in the esophagus, stomach, small part of the small intestine, and colon. The comfort is increased, and the doctor's treatment range is expanded. This will promote the development of the industry.
Region Overview:
From 2022-2027, Middle East & Africa is estimated to witness robust growth prospects.
Company Overview:
Medtronic Plc is one of the major players operating in the Capsule Endoscopy market, holding a share of 57.04% in 2021.One of the world's largest medical technology companies, mainly providing life-long treatment plans for patients with chronic diseases, including the production of medical devices.
Olympus Corporation
A company specializing in optics and imaging. Products include microscopes, endoscopes and other medical equipment.
Segmentation Overview:
Among different product types, Small Bowel Capsule segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Hospitals segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Capsule Endoscopy industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Capsule Endoscopy. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Capsule Endoscopy Market Report Include:
Market Size Estimates: Capsule Endoscopy market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Capsule Endoscopy market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Capsule Endoscopy market
Segment Market Analysis: Capsule Endoscopy market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Capsule Endoscopy market situations and prospects in major and top regions and countries
Capsule Endoscopy Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Capsule Endoscopy Industry Chain: Capsule Endoscopy market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Capsule Endoscopy Industry News, Policies by regions
Capsule Endoscopy Industry Porters Five Forces Analysis
Key players in the global Capsule Endoscopy market are covered in Chapter 2:
IntroMedic
Chongqing Jinshan Science and Technology
Ankon
Medtronic Plc
Capsovision
Olympus Corporation
In Chapter 6 and Chapter 9, on the basis of types, the Capsule Endoscopy market from 2018 to 2028 is primarily split into:
Small Bowel Capsule
Esophageal Capsule
Colon Capsule
In Chapter 7 and Chapter 10, on the basis of applications, the Capsule Endoscopy market from 2018 to 2028 covers:
Hospitals
Clinics
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Capsule Endoscopy market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Capsule Endoscopy industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Capsule Endoscopy market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Capsule Endoscopy industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Capsule Endoscopy market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Capsule Endoscopy market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Capsule Endoscopy market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
