Page 1

Capsule Endoscopy Market Analysis, Size, Growth, Share & Forecast to 2022 | Grand View Research Inc.

“Global capsule endoscopy market is expected to reach USD 886.3 million by 2022”

Global capsule endoscopy market is expected to reach USD 886.3 million by 2022; according to a new study by Grand View Research, Inc. Increasing prevalence of colorectal cancer, GI diseases and growing demand for precise and accurate diagnostic tools are expected to drive the capsule endoscopy market over the forecast period. According to a report published by the World Cancer Research Institute, about 54.0% of colorectal cancer cases occurred in developed countries and the number is expected to grow exponentially over the decade. The introduction of technologically advanced features such as WiFi enabled small bowel capsules featuring longer battery life are further expected to drive the demand for capsule endoscopy devices. Presence of favorable government initiatives are expected to play an imperative role in determining market trends over the forecast period. For instance, initiatives such as the DCPC’s National Comprehensive Cancer Control Program (NCCCP) in the U.S. aimed at increasing patient awareness levels pertaining to colorectal cancer screening is expected to boost usage rates during the forecast period. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/capsule-endoscopes-market

Further key findings from the study suggest: • Wireless capsules dominated the accessory market in 2014 and are also expected to register lucrative growth over the forecast period. Increasing usage rates of colon, small intestine and esophageal screening is expected to drive segment growth. In addition, presence of supportive reimbursement policies and the introduction of technologically advanced products are expected to serve this market as future growth opportunities. •

Small bowel endoscopy capsule was the leading product segment of the market in 2014. These devices find wide applications in treating diseases such as suspected Crohn’s disease, inflammatory bowel disease, obscure GI tract bleeding and small bowel neoplastic lesions and

Follow Us:


this is expected to serve the segment as a high impact rendering driver. Increasing prevalence of target diseases is also expected to make significant contributions towards market growth. •

Capsule endoscopy finds the largest application in OGIB (Obscure gastrointestinal bleeding) diagnosis owing to, increasing usage of wireless capsule endoscopes in vascular and inflammatory lesion diagnoses

North America was the largest regional capsule endoscopy market in 2014. The region’s market position is attributed to by factors such as presence of sophisticated healthcare infrastructure, supportive reimbursement policies and growing adoption rates of minimally invasive surgeries.

Asia Pacific region is anticipated to register rapid growth over the forecast period owing to, factors such as the presence of high unmet needs with respect to colorectal screening, rising disposable income and patient awareness levels and improving healthcare infrastructure

Key market players of the capsule endoscopy market include RF System lab, Olympus Corporation, Chongqing Jinshan Science & Technology (Group) Co., Given Imaging, Ltd., Fujifilm Holding Corporation, IntroMedic Co., Ltd and CapsoVision.

Grand View Research has segmented the global capsule endoscopy market on the basis of accessory, product, application and region: Global Capsule Endoscopy Accessories Outlook (Revenue, USD Million, 2012 - 2022) • Wireless capsule •

Workstation and receiver

Global Capsule Endoscopy Product Outlook (Revenue, USD Million, 2012 - 2022) • Small bowel •

Esophageal

Colon

Global Capsule Endoscopy Application Outlook (Revenue, USD Million, 2012 - 2022) • OGIB •

Crohn’s disease

Small Intestine tumor

Others (Celiac, NSAID reactions)

Table of Contents Chapter 1. Methodology and Scope 1.1. Research methodology 1.2. Research scope & assumption 1.3. List of data sources Chapter 2. Executive Summary

Follow Us:


2.1. Capsule endoscopy- Industry Summary and Key Buying Criteria, 2012 - 2022 Chapter 3. Capsule Endoscopy Industry Outlook 3.1. Capsule endoscopy market segmentation 3.2. Capsule endoscopy market size and growth prospects, 2012 - 2022 3.3. Capsule endoscopy market dynamics 3.3.1. Market driver analysis 3.3.2. Market restraint analysis 3.4. Key opportunities prioritized 3.5. Industry Analysis - Porter's 3.6. Capsule endoscopy company market share, 2014 3.7. Capsule endoscopy market PESTEL analysis, 2013 3.8. Technology trend analysis Chapter 4. Capsule Endoscopy System Accessories Outlook 4.1. Capsule endoscopy system market share by accessories, 2014 & 2022 4.2. Wireless capsule market estimates and forecasts, 2012 - 2022 (USD Million) 4.3. Workstation & receiver market estimates and forecasts, 2012 - 2022 (USD Million) Continue…………………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com

Follow Us:

Profile for Grand View Research

Capsule Endoscopy Market 2019 Key Growth Drivers, Challenges, Demand and Upcoming Trends  

Global capsule endoscopy market is expected to reach USD 886.3 million by 2022; according to a new study by Grand View Research, Inc. Increa...

Capsule Endoscopy Market 2019 Key Growth Drivers, Challenges, Demand and Upcoming Trends  

Global capsule endoscopy market is expected to reach USD 886.3 million by 2022; according to a new study by Grand View Research, Inc. Increa...

Advertisement