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Capsule Endoscopy System Market Study by Advanced Technology and By Topmost Manufacturers "Given Imaging Ltd., Olympus Corporation, IntroMedic Co. Ltd., CapsoVision Inc., and Many Others"

01-04-2019 03:30 PM CET | Health & Medicine

Press release from: Allied Market Research

Capsule Endoscopy System Market

Capsule Endoscopy System Market

Global Capsule Endoscopy System Market was valued at $178.8 million in 2014 and is expected to reach $399.7 million by 2020, registering a CAGR of 14.8% during the forecast period 2015 - 2020.

Capsule endoscopy is a non-invasive technique that allows the complete examination of the gastrointestinal tract using a wireless, disposable device known as a video capsule, which is equipped with a camera, battery, transmitter and a light source. Video capsules capture images in the esophagus, stomach and small intestine, which are utilized for the diagnosis of gastrointestinal diseases. The integrated camera in the capsule takes around two pictures every second and the battery of the capsule lasts for around 8 hours. Capsule endoscopy system includes a work station, data recorder, sensor and software, which are used in integration with wireless capsules. Data recorder is a device, which needs to be worn around the patient’s waist so that the data captured by video capsule can be transmitted through sensors. Data recorders can also locate the position and movement of the capsule inside the stomach.

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Capsule endoscopy is an advanced non-invasive technique that uses wireless disposable video capsule, workstations and recorders for the diagnosis of gastrointestinal disorders such as peptic ulcers, Crohn's disease, obscure gastrointestinal bleeding (OGB) among others. The capsule aid in capturing images, which are transmitted to the recorders and analyzed through workstations and software. Capsule endoscopy would gradually replace conventional gastrointestinal monitoring techniques, largely due to the non-invasiveness and convenience. Increasing popularity of varied capsule types such as small bowel, oesophagus and colon, growing aging population and rising incidences of gastrointestinal disorders, are some of the key factors that would largely drive the market growth. On the other hand, unclear reimbursement policies, stringent regulations and high cost of capsule endoscopy systems, would hamper the market growth.

Small bowel diseases segment accounted for the highest revenue in 2014. This was primarily due to a large patient population suffering from the small bowel disease and established reimbursement for small bowel capsules.

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Global capsule endoscopy system market is segmented into component, application and geography. Based on component, the market is segmented into capsule endoscopes, recorders and workstations. Capsule endoscope segment holds a dominant share in component market owing to the increasing utilization of different types of capsule endoscopes. Based on application, the market is segmented into small bowel diseases, esophageal diseases and colonic diseases. Global capsule endoscopy market is analyzed on the basis of geographical regions, which include North America, Europe, Asia-Pacific and LAMEA.

The key players profiled in the report includes

• Given Imaging Ltd.,
• Olympus Corporation,
• IntroMedic Co. Ltd.,
• CapsoVision Inc., and
• Chongqing Jinshan Science & Technolgy (Group) Co. Ltd.

Table Of Content

Chapter: 1 INTRODUCTION
1.1 Report Description
1.2 Key benefits
1.3 Market segmentation
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective
2.2 Market beyond what expected by 2025 ($million)
2.2.1 Moderate growth scenario
2.2.2 Rapid growth scenario
2.2.3 Diminishing growth scenario

Chapter: 3 MARKET OVERVIEW
3.1 Market Definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies
3.3 Porter five forces analysis
3.3.1 Bargaining power of buyers
3.3.2 Bargaining power of suppliers
3.3.3 Threat of new entrant
3.3.4 Threat of substitute
3.3.5 Industrial rivalry
3.4 Value chain analysis
3.4.1 Primary activities
3.4.2 Secondary activities
3.5 Government regulation
3.6 Reimbursement scenario
3.7 Market player positioning, 2014
3.8 Market dynamics
3.8.1 Drivers
3.8.2 Restrains
3.8.3 Opportunities

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About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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