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Capsule Endoscopes Market Outlook - Top Companies, Trends and Future Prospects Details for Business Development

06-08-2018 07:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Market Research

Capsule Endoscopes Market Outlook - Top Companies, Trends

Global capsule endoscopes market is growing with a significant rate due to demand for faster and accurate diagnostic tools, for managing the rising prevalence of gastrointestinal diseases, colorectal cancer, and government initiatives. Moreover, increasing aging population and introduction of technologically advanced capsules such as Wi-Fi enabled capsule and longer battery life capsule are expected to support the capsule endoscopes market to grow in the coming years. Aging increases the risk of gastrointestinal disorders, such as inflammatory bowel disease, CRC, and appendicitis.

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North America leads the capsule endoscopes market, due to the presence of favorable reimbursement policies, rising prevalence rate of gastrointestinal disorders and colorectal cancer, increasing adoption of minimally invasive capsule endoscopy by patients and advanced healthcare infrastructure in the region. Asia-Pacific is expected to grow with the highest rate in the coming years, due to increasing disposable income, increasing patient awareness levels, presence of untapped opportunities regarding cancer screening and improving healthcare infrastructure.

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Wireless capsule leads the capsule endoscopes market. due to the presence of favorable reimbursement policies, and rising usage of wireless capsules in esophagus, small intestine and colon. Technologically highly developed capsules with inbuilt advanced features such as greater battery life, 360 degree panoramic views, easy transmission, enhanced data storage capability and larger frame rate are providing the wireless capsule market ample opportunities to grow in the coming years.

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Some of the competitors in the capsule endoscopes market are Olympus Corporation, Capso Vision Inc., Chongqing Jinshan Science & Technology Co., RF System lab, Fujifilm Holding Corporation, Given Imaging Ltd., and IntroMedic Co., Ltd.

About P&S Market Research
P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research-based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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