According to a recently published report, the Global Capsule Endoscopy Market is expected to grow at the CAGR of 6.3% during 2015-2022 and it is estimated to be $36.82 billion by 2022. The Global Capsule Endoscopy market is segmented on the basis of accessories, applications, products and geography. The report on Global Capsule Endoscopy market forecast 2015-2022 provides detailed overview and predictive analysis of the market.
The Global Capsule Endoscopy market is expected to grow exponentially due to by various factors such as rising investments by government bodies worldwide, rising number of hospitals, and growing hospital investments. The Global Capsule Endoscopy market is majorly driven by various factors such as rising investments by government bodies worldwide, rising number of hospitals, and growing hospital investments.
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The Global capsule endoscopy market is expected to experience significant growth over the forecast period due to, the rising prevalence of gastrointestinal diseases, colorectal cancer, demand for faster and accurate diagnostics tools, and the presence of supportive government initiatives. Capsule endoscopy provides painless visualization of GI (gastrointestinal) tract images, transmitted via data recorder. Additionally, introduction of technologically advanced capsules such as longer battery life and WiFi enabled are expected to further drive growth of the capsule endoscopy market.
The key players in Global Capsule Endoscopy market include Given Imaging, Olympus Corporation, IntroMedic Co., Ltd., Chongqing Jinshan Science & Technology (Group) Co., Ltd, Johnson and Johnson, Fujifilm Holding Corporation, CapsoVision and RF System lab etc. New product development aimed at widening application base is identified as one of the most viable sustainability strategies adopted by the manufacturers of capsule endoscopy devices.
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Scope of the report
1. Global capsule endoscopy market by accessories 2012–2022
1.1. Wireless capsule
1.2. Workstation and receiver
2. Global capsule endoscopy market by products 2012-2022 ($ BILLION)
2.1. Rigid endoscopes
2.2. Arthroscopes
2.3. Cystoscopes
2.4. Gynecology endoscopes
2.5. Neuroendoscopes market
