Global capsule endoscopy market research report, by component (wireless capsule and receiver), by product (rigid endoscopes, cystoscopes, neuroendoscopes and other), by application (Crohn’s disease, intestine disease, GIT bleeding and other) – Forecast till 2023
Capsule endoscopy is the part of endoscopy in which a small capsule and pill shaped wireless camera used to examine the digestive system. It is the advanced step up of endoscopy. This method is used to identify diseases like gastrointestinal bleeding, oesophageal diseases, intestine diseases and colon related diseases. Increasing prevalence of these diseases are the major driving factor for the market. Continuous technological advancement in endoscopy and increasing healthcare spending has provided fuel for the growth of the market. But high cost for the diagnosis and limited reimbursement are the major hurdles for the growth of the market.
The global capsule endoscopy market is expected to grow at a CAGR of 9.2% during forecasted period.
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Study objectives global capsule endoscopy market
- Detail analysis of global capsule endoscopy market with region specific growth and competitive analysis on the basis of major players present in the market
- Detail analysis of capsule endoscopy market and different drivers and restraints affecting the growth of the market
- Detailed analysis of the historical and forecasted market Analysis of the market on the basis of factors like- price analysis, supply chain analysis, porters five force analysis etc.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global capsule endoscopy market.
- Detail analysis on the possible segments and sub segments of the market. And regional analysis of the market- North America, Europe, Asia Pacific and Middle East and Africa.
- Insights on the major countries/regions in which this industry is flourishing and to also identify the untapped regions which could be the potential markets in future
- Research and Development (R&D) Companies
- Pharmaceutical companies
- Government and Independent Research Laboratories
- Contract Research Organizations (CROs)
- Medical Research Laboratories
- Academic Medical Institutes and Universities
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Global capsule endoscopy market is segmented on the basis of component into wireless capsule and receiver. On the basis of the product it is segmented into rigid endoscopes, cystoscopes, neuroendoscopes and other and on the basis of the application the market is segmented into Crohn’s disease, intestine diseases, (gastrointestinal tract) GIT bleeding and other
On regional basis, North America has the leading market for capsule endoscopy which is due to continuous increasing people suffering from GIT diseases. Europe has the second largest market which is followed by Asia Pacific. Asia Pacific is the fastest growing market for capsule endoscopy which is growing at a CAGR of 10.1% during forecasted period 2017-2023.
Key players for global capsule endoscopy market
Fujifilm Holding Corporation (Japan), Olympus Corporation (Japan), Given Imaging (Israel), RF System Lab (US), Capso Vision Inc. (US), IntroMedic Co., Ltd. (South Korea), Chongqing Jinshan Science & Technology Co. (China), Johnson and Johnson (US)
The report for global capsule endoscopy market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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