MarkNtel Advisors recently published a report, titled, ” Global Capsule Endoscopy Market By Capsule Type (Small Bowel Capsule, Colon Capsule, Oesophageal Capsule), By Component (Software, Hardware (Ingestible Capsule, Sensor Belt, Sensor Array, Data Recorder), By Application: (Obscure GI bleeding (OGIB), Oesophageal Disease, Iron Deficiency Anaemia, ,Inflammatory Bowel Diseases, Celiac Disease, Crohn’s Disease, Small Bowel Tumour & Hereditary polyposis syndromes, Others. As per as the report The Global Capsule Endoscopy Market is projected to grow at a CAGR of around 10.42% during the forecast period, i.e., 2022-27.
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Possible Restraint: High Cost of Diagnostic Procedures to Hamper the Market Growth
The high cost of capsule endoscopy is an important factor restraining the potential development of capsule endoscopic procedures for screening purposes. At present, capsule endoscopy is significantly costlier than gastroscopy in various countries such as Spain & Italy. Thus, an imbalance between precise quality screening & procedure cost has been created in some emerging countries, which is considered a reasonable challenge for the global growth of the Capsule Endoscopy Market.
Leading Companies in Global Capsule Endoscopy Market:
Olympus Corporation, Medtronic Plc, CapsoVision Inc, IntroMedic Co., Ltd, Jinshan Group, Check-Cap Ltd., RF System Lab, AnX Robotica.
Global Capsule Endoscopy Market Segmentation:
By Capsule Type
-Small Bowel Capsule
-Colon Capsule
-Oesophageal Capsule
By Component
-Software
-Hardware
-Ingestible Capsule
-Sensor Belt
-Sensor Array
-Data Recorder
By Application
-Obscure GI bleeding (OGIB)
-Oesophageal Disease
-Iron Deficiency Anaemia
-Inflammatory Bowel Diseases
-Celiac Disease
-Crohn’s Disease
-Small bowel tumour and hereditary polyposis syndromes
-Others (Small bowel transplant, Henoch-Schonlein purpura etc.)
By End User
-Hospitals
-Diagnostic centres
-Ambulatory surgery centres
-Others (Clinics, Home care settings, etc.)
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By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Key questions answered in the Global Capsule Endoscopy Market are:
•What is Global Capsule Endoscopy Market?
•What was the market size in 2023?
•What is the growth rate of the Global Capsule Endoscopy Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Capsule Endoscopy Market?
•What segments are covered in the Market?
•Who are the key players in the Global Capsule Endoscopy Market?
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