Press release
Capsule Endoscopy Market sizes and predictions for growth
MarketResearchReports.Biz adds “Global Capsule Endoscopy Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Capsule Endoscopy market and the growth estimates for the forecasted period.Capsule Endoscopy uses a swallowed video capsule to take photographs of the inside of the esophagus, stomach, and small intestine. For capsule endoscopy, the intestines are first cleared of residual food and bacterial debris with the use of laxatives or purges very similar to the laxatives and purges used before colonoscopy.
The capsule contains one or two video chips (cameras), a light bulb, a battery, and a radio transmitter. As the capsule travels through the esophagus, stomach, and small intestine, it takes photographs rapidly. The photographs are transmitted by the radio transmitter to a small receiver that is worn on the waist of the patient who is undergoing the capsule endoscopy.
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Scope of the Report:
This report studies the Capsule Endoscopy market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Capsule Endoscopy market by product type and applications/end industries.
Middle East is the largest supplier of Capsule Endoscopy, with production market share over 60%, while the sales market share is only 6%. That is to say, there are a large number of exports in Middle East.
Asia, following Middle East, takes production market share of 22% and the sales market share over 28%. China is an important market of Capsule Endoscopy in Asia, accounting for 11% production market share and 12% sales market share of global market.
The global Capsule Endoscopy market is valued at 170 million USD in 2017 and is expected to reach 280 million USD by the end of 2023, growing at a CAGR of 9.2% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Capsule Endoscopy.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
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Market Segment by Companies, this report covers
Given Imaging
Olympus
RF
CapsoVision
IntroMedic
Jinshan Science & Technology
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
CMOS Photosensitive Chip
CCD Photosensitive Chip
Others
Market Segment by Applications, can be divided into
For Small Intestine
For Visualization of the Colon
For Stomach
Other(For Esophagus, etc.)
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