Los Angeles, CA -- (SBWIRE) -- 05/06/2019 -- This report studies the Capsule Endoscopy System market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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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According to the American Cancer Society, around 141,000 people were diagnosed with colorectal cancer in the United States and approximately 49,000 people died in 2011. Moreover, colorectal cancer is the third most commonly diagnosed disease and is also the third leading cause of deaths in the United States. Thus, a large patient base of gastrointestinal (GI) disease requires adequate diagnosis and monitoring. Given Imaging was the first company to develop capsule endoscopy model, which was introduced in the developed countries in 2001. The capsule endoscopy system has emerged as an effective management and diagnosis technique for GI diseases such as Crohn's disease, colorectal cancer, obscure gastrointestinal bleeding, polyposis syndromes and small bowel tumors.
The global Capsule Endoscopy System market was 210 million US$ in 2017 and is expected to 650 million US$ by the end of 2025, growing at a CAGR of 15.1% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Capsule Endoscopy System in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Given Imaging Ltd.
Olympus Corporation
IntroMedic Co. Ltd.
CapsoVision Inc.
Chongqing Jinshan Science & Technolgy (Group) Co. Ltd
IntroMedic Co., Ltd.
By the product type, the market is primarily split into
Capsule Endoscope
Workstations and Recorders
By the end users/application, this report covers the following segments
Small Bowel Diseases
Esophageal Diseases
Colonic Diseases
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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