Press release
Capsule Endoscopy Market to Surpass USD 1.3 Billion by 2034 Driven by Diagnostic Advancements and Increased GI Disorder Cases
Capsule Endoscopy Market
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Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global capsule endoscopy market are:
• Growing Infections of the Digestive System
• Growing awareness about healthcare
• Technological Development
The following are the primary obstacles to capsule endoscopy market's expansion:
• Restricted Battery lifespan
• Increased Price of Endoscopy Capsules
• Lacking Knowledge and Attention
Future expansion opportunities for the global capsule endoscopy market include:
• Growing in emerging economies
• Increasing research and development efforts
• Increasing financial resources
Key Industry Insights & Findings from the report:
• Improvements in technology, such as a longer-lasting battery, sharper images, and portable information transfer, are encouraging the use of capsule endoscopy equipment.
• The merging of telecommunication and capsule endoscopy is mostly driving the market's expansion.
• North America dominated the market and accounted for a revenue share of global revenue in 2023.
• The danger of capsule absorption within the individual's anatomy and insufficient reimbursement guidelines are two of the concerns that are expected to limit the market's expansion for capsule endoscopies.
Market Analysis:
Capsule endoscopy is a non-invasive diagnostic technique that involves the ingestion of a small, pill-sized camera designed to capture images of the gastrointestinal tract. The global capsule endoscopy market is experiencing significant growth, primarily driven by increasing patient preference for advanced diagnostic solutions and the integration of capsule endoscopy with emerging neuroimaging technologies. Additional factors contributing to market expansion include the rising prevalence of chronic conditions-such as gastrointestinal tumors and gastroenteritis-across both developed and developing countries.
List of Prominent 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
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Recent Developments:
• In January 2024, Check-Cap Ltd. declared that it is investigating strategic options to optimize investors' value after evaluating its operations, assets, and competencies. The organization has hired Ladenburg Thalmann & Co. Inc. to serve as an advisor during this procedure.
• In March 2024, Olympus, a worldwide leader in medical technology, announced that its initial reusable ureteroscope framework, RenaFlex, has received U.S. FDA 510(k) clearance. The firm will announce RenaFlex's full market availability at a later date.
• In January 2025, CapsoVision revealed that the FDA has approved the use of its premier device, CapsoCam Plus, in children two years of age and up. This achievement allows kids to take advantage of the simplicity and precision of capsule endoscopy through a pleasant, minimally invasive diagnostic alternative that lessens the anxiety related to conventional capsule endoscopy treatments.
Capsule Endoscopy Market Dynamics
Market Drivers: Rising Prevalence of Gastrointestinal Disorders
The increasing incidence of gastrointestinal (GI) conditions is a key factor driving the growth of the capsule endoscopy market. Factors such as an aging population, environmental pollution, antimicrobial resistance, sedentary lifestyles, poor dietary habits, stress, and imbalances in gut microbiota are contributing to the growing burden of digestive disorders. Capsule endoscopy provides a minimally invasive and comprehensive visualization of the gastrointestinal tract, enabling early detection and effective management of conditions such as Crohn's disease, ulcers, and gastrointestinal bleeding. As a result, the growing prevalence of GI disorders is significantly fueling demand for capsule endoscopy technologies.
Market Challenges: High Cost of Capsule Endoscopy Devices
One of the major challenges hindering market growth is the high cost associated with capsule endoscopy systems and procedures. The substantial upfront investment in equipment, along with ongoing maintenance and consumable expenses, poses financial constraints-particularly for healthcare facilities in developing or resource-limited regions. Smaller medical institutions may struggle to adopt this advanced diagnostic tool due to budgetary limitations, which can restrict broader market penetration. These economic barriers continue to pose a significant challenge to the widespread adoption and expansion of capsule endoscopy solutions.
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North America Is Expected to Grow with The Highest CAGR During the Forecast Period
The North American capsule endoscopy market is likely to register a significant revenue share and develop at a rapid CAGR in the near future. This is because prostate cancer and intestinal issues are becoming more common. Furthermore, the demand for capsule endoscopy treatments will continue to increase thanks to the expanded medical facilities. The market development for capsule endoscopy is being driven by the presence of significant adversaries as well as a dynamic start-up ecosystem.
Segmentation of Capsule Endoscopy Market-
By Product-
• CapsoCam Plus
• Capso Retrieve
• CapsoAccess
• CapsoView
• Check-cap
• OMOM
• MicroCam Regular
• PllCam
• EndoCapsule
• Sayaka
• Others
By Application-
• Obscure Gastrointestinal Bleeding (OGIB)
• Crohn's disease
• Small intestine tumor
• Others
By End User-
• Hospitals
• Clinics
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/global-capsule-endoscopy-market/1086
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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InsightAce Analytic Pvt. Ltd.
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