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Global Capsule Endoscopy Market

Capsule Endoscopy Market Size, Share & Trends Analysis Report By Brand (CapsoCam Plus, Capso Retrieve, CapsoAccess, CapsoView, Check-cap, OMOM, MicroCam Regular, PillCam, EndoCapsule, Sayaka, Others), By Application, By End-User, By Region, And Segment Forecasts, 2024-2031

Report ID : 1086 | Published : 2024-03-15 | Pages: 180 | Format:

The Capsule Endoscopy Market Size is valued at 515.89 Million in 2023 and is predicted to reach 1081.73 Million by the year 2031 at a 9.91 % CAGR during the forecast period for 2024-2031.

Capsule endoscopy

Capsule endoscopy makes use of a tiny wireless camera that takes pictures of the digestive tract as it passes through the small intestine and is transmitted to a recorder. A capsule endoscopy camera is so small and placed in the vitamin-size capsule that the patient swallows. The procedure helps doctors see the inside of the small intestine. Factors such as the increasing prevalence of inflammatory bowel diseases, colorectal cancer, and continuous demand for accurate diagnostics tools are expected to drive the capsule endoscopy market in the near future. Furthermore, several advantages over traditional endoscopy and technological advancements in the products, which include longer battery life and WiFi-enabled, drive the adoption of the products among the end-users, thus stimulating market growth.

Market Segmentation 

The Global capsule endoscopy market is segmented based on brands, application, end users, and region. Based on the brand, the market is divided into CapsoCam Plus, Capso Retrieve, CapsoAccess, CapsoView, Check-cap, OMOM, MicroCam Regular, PillCam, EndoCapsule, Sayaka and Others. On the basis of application, the market is classified into Obscure Gastrointestinal Bleeding (OGIB), Crohn’s disease, small intestine tumor, and others. By end user, the market is segmented into hospitals, clinics, and others. Based on the region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that North America held the largest share of the market in 2019, followed by Europe and Asia Pacific. On the other hand, the Asia Pacific is projected to have the highest growth rate during the forecast period.

Competitive Landscape

Some Of The key players in the Capsule Endoscopy Market:

  • CapsoVision Inc.,
  • Check Cap Ltd,
  • Jinshan Science & Technolgy (Group) Co. Ltd.,
  • IntroMedic Co. Ltd.,
  • Medtronic, Olympus Corporation,
  • RF Co.,Ltd.,
  • GastroGenix Inc,
  • Motilis Medica SA and among others

The Capsule Endoscopy Market Report Scope

Report Attribute

Specifications

Market Size Value In 2023

USD 515.89 Million

Revenue Forecast In 2031

USD 1081.73 Million

Growth Rate CAGR

CAGR of 9.91% from 2024 to 2031

Quantitative Units

Representation of revenue in US$ Million and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Brand, By Application, By End-User

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

CapsoVision Inc., Check Cap Ltd, Jinshan Science & Technolgy (Group) Co. Ltd., IntroMedic Co. Ltd., Medtronic, Olympus Corporation, RF Co.,Ltd., GastroGenix Inc, Motilis Medica SA and among others

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing And Available Payment Methods

Explore pricing alternatives that are customized to your particular study requirements.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Capsule Endoscopy Market Snapshot

Chapter 4. Global Capsule Endoscopy Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Penetration & Growth Prospect Mapping

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Technology Advancement in Ambulatory Mammography

Chapter 5. Market Segmentation 1: Product Estimates & Trend Analysis

5.1. Brand Type & Market Share, 2019 & 2031

5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following Brand:

5.2.1. CapsoCam Plus

5.2.2. Capso Retrieve

5.2.3. CapsoAccess

5.2.4. CapsoView

5.2.5. Check-cap

5.2.6. OMOM

5.2.7. MicroCam Regular

5.2.8. PillCam

5.2.9. EndoCapsule

5.2.10. Sayaka

5.2.11. Others

Chapter 6. Capsule Endoscopy Market Segmentation 3: Regional Estimates & Trend Analysis

6.1. North America

6.1.1. North America Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Brand, 2024-2031

6.1.2. North America Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2024-2031

6.1.2.1. U.S.

6.1.2.2. Canada

6.2. Europe

6.2.1. Europe Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) by Brand, 2024-2031

6.2.2. Europe Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031

6.2.2.1. Germany

6.2.2.2. Poland

6.2.2.3. France

6.2.2.4. Italy

6.2.2.5. Spain

6.2.2.6. UK

6.2.2.7. Rest of Europe

6.3. Asia Pacific

6.3.1. Asia Pacific Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) by Brand, 2024-2031

6.3.2. Asia Pacific Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031

6.3.2.1. China

6.3.2.2. India

6.3.2.3. Japan

6.3.2.4. Australia

6.3.2.5. Rest of Asia Pacific

6.4. Latin America

6.4.1. Latin America Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) by Brand, 2024-2031

6.4.2. Latin America Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031

6.4.2.1. Brazil

6.4.2.2. Rest of Latin America

6.5. MEA

6.5.1. MEA revenue Capsule Endoscopy Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2024-2031

6.5.1.1. South Africa

6.5.1.2. Rest of MEA

Chapter 7. Competitive Landscape

7.1. Major Mergers and Acquisitions/Strategic Alliances

7.2. Company Profiles

7.2.1. CapsoVision Inc.

7.2.2. Check Cap Ltd

7.2.3. Chongqing Jinshan Science & Technolgy (Group) Co. Ltd.

7.2.4. IntroMedic Co. Ltd.

7.2.5. Medtronic

7.2.6. Olympus Corporation

7.2.7. RF System lab.

7.2.8. Pipeline Companies

7.2.8.1. EndoLumina Inc.

7.2.8.2. GastroGenix Inc

7.2.8.3. Given Imaging Ltd

7.2.8.4. KEYB.i.O s.r.l.

7.2.8.5. Motilis Medica SA

7.2.8.6. Realview Ltd.

Global Capsule Endoscopy Market Segmentation:

Global Capsule Endoscopy Market Revenue (US$ Mn) by Brand, 

  • CapsoCam Plus
  • Capso Retrieve
  • CapsoAccess
  • CapsoView
  • Check-cap
  • OMOM
  • MicroCam Regular
  • PillCam
  • EndoCapsule
  • Sayaka
  • Others

Capsule Endoscopy Market

Global Capsule Endoscopy Market Revenue (US$ Mn), by application, 

  • Obscure Gastrointestinal Bleeding (OGIB)
  • Crohn’s disease
  • Small intestine tumor
  • Others

Global Capsule Endoscopy Market Revenue (US$ Mn), by end user,

  • Hospitals
  • Clinics
  • Others

Global Capsule Endoscopy Market Revenue (US$ Mn), by Region, 

North America Capsule Endoscopy Market Revenue (US$ Mn), by Country,

  • U.S.
  • Canada

Europe Capsule Endoscopy Market Revenue (US$ Mn), by Country, 

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

Asia Pacific Capsule Endoscopy Market Revenue (US$ Mn), by Country,

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Capsule Endoscopy Market Revenue (US$ Mn), by Country, 

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa Capsule Endoscopy Market Revenue (US$ Mn), by Country, 

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Capsule Endoscopy Market Size?

The Capsule Endoscopy Market is expected to grow at a 9.91 % CAGR during the forecast period for 2024-2031.

CapsoVision Inc., Check Cap Ltd, Jinshan Science & Technolgy (Group) Co. Ltd., IntroMedic Co. Ltd., Medtronic, Olympus Corporation, RF Co.,Ltd.,others

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