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Capsule Endoscopy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

August 2022 | 142 pages | ID: C86385D8922BEN
IMARC Group

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The global capsule endoscopy market size reached US$ 413 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 687 Million by 2027, exhibiting a growth rate (CAGR) of 8.51% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Capsule endoscopy refers to a diagnostic procedure used for obtaining images of the esophagus, stomach and small intestines. It involves the use of a small capsule-encased camera, which is swallowed and passed through the gastrointestinal (GI) tract. The procedure is minimally invasive (MI), painless and does not require the administration of anesthesia. It enables the physician to take thousands of images of the internal organs which are not accessible through the traditionally used imaging solutions. As a result, capsule endoscopy is widely used in the diagnosis and treatment of gastrointestinal cancer, chronic abdominal pain, Crohn’s disease, celiac disease, excessive bleeding and ulcers.

Capsule Endoscopy Market Trends:
The increasing prevalence of gastrointestinal disorders and colorectal cancer across the globe is one of the key factors driving the growth of the market. Moreover, rising awareness among the masses regarding the availability of painless and MI visualization procedures for the treatment of such ailments is providing a thrust to the market growth. Esophageal, small bowel and colon capsule endoscopes are extensively used across hospitals and other healthcare centers for timely diagnosis and improved patient care. In line with this, the rising geriatric population, which is more susceptible to ailments, such as inflammatory bowel disease, Obscure Gastrointestinal Bleeding (OGIB) and appendicitis, is also contributing to the growth of the market. Additionally, various technological advancements, such as the development of capsules with longer battery life and Wi-fi compatibility, are acting as other growth-inducing factors. Product manufacturers are also developing user-friendly and high-resolution cameras with a 360-degree panoramic view. Other factors, including rising expenditure capacities of the consumers, along with extensive improvements in the healthcare infrastructure, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global capsule endoscopy market report, along with forecasts for the global, regional and country level from 2022-2027. Our report has categorized the market based on product, accessory and application.

Breakup by Product:

Small Bowel
Esophageal
Colon

Breakup by Accessory:

Wireless Capsule
Workstation and Recorder

Breakup by Application:

OGIB
Crohn’s
Small Intestine Tumors

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Boston Scientific Corporation, CapsoVision Inc., Check Cap Ltd, Fujifilm Holdings Corporation, IntroMedic Co. Ltd, Jinshan Science & Technology (Group) Co. Ltd., Medtronic plc, Olympus Corporation, RF Co. Ltd. and Shangxian Minimal Invasive Inc.

Key Questions Answered in This Report:
How has the global capsule endoscopy market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global capsule endoscopy market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the accessory?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global capsule endoscopy market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL CAPSULE ENDOSCOPY MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT

6.1 Small Bowel
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Esophageal
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Colon
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY ACCESSORY

7.1 Wireless Capsule
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Workstation and Recorder
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 OGIB
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Crohn’s
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Small Intestine Tumors
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Boston Scientific Corporation
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
    14.3.1.4 SWOT Analysis
  14.3.2 CapsoVision Inc.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 Check Cap Ltd
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
  14.3.4 Fujifilm Holdings Corporation
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 IntroMedic Co. Ltd
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
  14.3.6 Jinshan Science & Technology (Group) Co. Ltd.
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Medtronic plc
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8 Olympus Corporation
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 RF Co. Ltd.
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Shangxian Minimal Invasive Inc.
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Capsule Endoscopy Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Capsule Endoscopy Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Capsule Endoscopy Market Forecast: Breakup by Accessory (in Million US$), 2022-2027
Table 4: Global: Capsule Endoscopy Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Capsule Endoscopy Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Capsule Endoscopy Market: Competitive Structure
Table 7: Global: Capsule Endoscopy Market: Key Players

LIST OF FIGURES

Figure 1: Global: Capsule Endoscopy Market: Major Drivers and Challenges
Figure 2: Global: Capsule Endoscopy Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Capsule Endoscopy Market: Breakup by Product (in %), 2021
Figure 5: Global: Capsule Endoscopy Market: Breakup by Accessory (in %), 2021
Figure 6: Global: Capsule Endoscopy Market: Breakup by Application (in %), 2021
Figure 7: Global: Capsule Endoscopy Market: Breakup by Region (in %), 2021
Figure 8: Global: Capsule Endoscopy (Small Bowel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Capsule Endoscopy (Small Bowel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Capsule Endoscopy (Esophageal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Capsule Endoscopy (Esophageal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Capsule Endoscopy (Colon) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Capsule Endoscopy (Colon) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Capsule Endoscopy (Wireless Capsule) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Capsule Endoscopy (Wireless Capsule) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Capsule Endoscopy (Workstation and Recorder) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Capsule Endoscopy (Workstation and Recorder) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Capsule Endoscopy (OGIB) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Capsule Endoscopy (OGIB) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Capsule Endoscopy (Crohn’s) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Capsule Endoscopy (Crohn’s) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Capsule Endoscopy (Small Intestine Tumors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Capsule Endoscopy (Small Intestine Tumors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Canada: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Canada: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia-Pacific: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Asia-Pacific: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: China: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: China: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Japan: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Japan: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South Korea: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South Korea: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Australia: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Australia: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Indonesia: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Indonesia: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Others: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Others: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Germany: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Germany: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: France: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: France: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Italy: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Italy: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Spain: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Spain: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Russia: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Russia: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Brazil: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Brazil: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Mexico: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Mexico: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Middle East and Africa: Capsule Endoscopy Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Middle East and Africa: Capsule Endoscopy Market: Breakup by Country (in %), 2021
Figure 72: Middle East and Africa: Capsule Endoscopy Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Global: Capsule Endoscopy Industry: SWOT Analysis
Figure 74: Global: Capsule Endoscopy Industry: Value Chain Analysis
Figure 75: Global: Capsule Endoscopy Industry: Porter's Five Forces Analysis


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