Global endoscopy capsule
Endoscopy capsules are a miniature form of endoscopy camera, in a form of a pill/capsules. The capsule, upon in-gestation, travels through the gastrointestinal tract and takes images of the entire gastrointestinal tract. These images are then received by the remote system and displayed on the screen allowing the examiner to analyze the problems and deformities in the tract. This procedure is non-surgical, non-invasive and painless, making it preferable for the patients and the doctors.
Global endoscopy capsule market is segmented by
Based on end user, the endoscopy capsule market is segmented into hospitals & clinics, diagnostic centers and others. Among these, the hospital & clinics segment dominated the overall market with 48.94% share in 2020 owing to the growing number of endoscopy procedures being carried out in hospitals. Additionally, hospitals provide better healthcare and infrastructural services for the diagnosis and treatment of different diseases. Regionally, North America is expected to dominate the overall endoscopy capsule market during the forecast period on account of a large number of patients with intestinal disorders in the region.
Based on accessories, the market can be split into wireless capsule and workstation and receiver. The wireless capsule segment led the market during the forecast period. This can be ascribed to the growing use of wireless capsules in small intestine and esophagus imaging. Additionally, these capsules are very advanced with inbuilt features such as 360-degree panoramic view, greater battery life, enhanced data storage capability, and easy transmission, among others. All these factors are expected to drive the segmental growth over the coming years.
Some of the major competitors in the market are Medtronic Plc., Olympus Corporation, Fujifilm Holding Corporation, Boston Scientific Corporation, and Check-Cap Ltd.
Years considered for this report
Historical Years2016 – 2019
Base Year2020
Estimated Year2021
Forecast Period2022 – 2026
Objective of the Study
- To analyze the historical growth in the market size of the global endoscopy capsule market from 2016 to 2020.
- To estimate and forecast the market size of the global endoscopy capsule market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the global endoscopy capsule market based on product type, accessories, application, end user, regional distribution, and company.
- To identify dominant region or segment in the global endoscopy capsule market.
- To identify drivers and challenges for the global endoscopy capsule market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global endoscopy capsule market.
- To identify and analyze the profile of leading players operating in the global endoscopy capsule market.
- To identify key sustainable strategies adopted by market players in the global endoscopy capsule market.
Click here to download the sample
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research was able to include the manufactures who could not be identified due to the limitations of secondary research. Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of the global endoscopy capsule market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Market insights research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Market insights research.
| Attribute | Details |
| Base Year | 2020 |
| Historical Years | 2016 – 2019 |
| Estimated Year | 2021 |
| Forecast Period | 2022 – 2026 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | - Product Type
- Accessories
- Application
- End User
|
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Kuwait |
| Key Companies Profiled | Medtronic Plc., Olympus Corporation, Fujifilm Holding Corporation, Boston Scientific Corporation, and Check-Cap Ltd |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Target Audience
- Manufacturers, end users, and other stakeholders
- Distributers and suppliers of endoscopy capsule products and other stakeholders
- Organizations, forums, and alliances related to endoscopy capsule market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as vendors, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
