Minimally Invasive Technique Awareness Propels Capsule Endoscopy Market

The Capsule Endoscopy Market Analysis, 2022, by Markntel Advisors, presents a well-researched, detail-driven, and accurate study for the stakeholders. This analysis entails prominent aspects like trends, & recent developments, drivers, opportunities, challenges, & restraints, among other parameters, influencing the overall industry expansion across different locations.

According to the Capsule Endoscopy Market Research Report: Forecast (2022-2027), "The Global Capsule Endoscopy Market is projected to grow at a CAGR of around 10.42% during the forecast period, i.e., 2022-27. Such growth, during the forecasted period, can be attributed to the growing healthcare technologies in emerging countries, early diagnosis of cancer and gastrointestinal disorders, & increasing awareness of patients regarding minimally invasive technologies."

This report comprises data from historical years & the base year to put together an estimation of the forecast period. Using this information, the stakeholders can utilize reliable, unbiased, & accurate data to understand the fluctuations of the industry & what to expect in the future. This study shall also allow them to strategize their tactics & make informed decisions to yield higher profits.

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Segmentation Assessment

The Capsule Endoscopy Market is highly fragmented and comprises various bifurcations & geographies. These sections cover information on opportunities & challenges faced by the players, fluctuations in the demand, supply, revenue generation, size, sales, profits, volume, & price, among other parameters for the investors. The stakeholders can also attain an overview of the external factors influencing the industry expansion over the years. The Capsule Endoscopy Market bifurcates into the following segmentations:

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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Geographical Landscape of the Industry

Of all regions globally, North America, with its higher adoption of technology and rising prevalence of minimally invasive screening procedures, has grabbed a significant market share for the Global Capsule Endoscopy Market during the historical period. In addition, the region's developed health infrastructure and awareness about early cancer diagnosis, gastrointestinal disorders, and other chronic ailments would propel the industry's further growth.

On the other hand, the Asia-Pacific Capsule Endoscopy market is also expected to witness astonishing market growth, owing to the rising geriatric population and improving healthcare infrastructure, states the research report by Markntel Advisors.

Competitive Projection & Analysis

From a competitive point of view, the Capsule Endoscopy Market is robust. The researchers at Markntel Advisors have rigorously profiled each company operating in the industry, offering insights to the stakeholders about the competition and allowing them to strategize their tactics using the data put together in the report. This information comprises the recent developments, mergers & acquisitions, product/service launches, expansion plans, & opportunities utilized to attain revenue, alongside the role & participation of the governments and more. The prominent players profiled in the report include:

-Olympus Corporation

-Medtronic Plc

-CapsoVision Inc

-IntroMedic Co., Ltd

-Jinshan Group

-Check-Cap Ltd.

-RF System Lab

-AnX Robotica

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Customization Services

To avail of exciting offers & customization services on the report, reach out to Markntel Advisors and get a personalized analysis of the Capsule Endoscopy Market. Out researchers compile data for the stakeholders, incorporating all the prominent aspects influencing the industry expansion alongside the particular chapters requested. This detail-driven, unbiased, and accurate data on grounds curating the fundamentals underlying the market potential & lucrative opportunities shall benefit the investors in numerous ways in the future.

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