According to IMARC Group latest report titled” Capsule Endoscopy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The Global Capsule Endoscopy Market to grow at a CAGR of 6% during 2021-2026. Capsule endoscopy is a minimally invasive medical treatment that involves a pill-sized camera to pass through the gastrointestinal (GI) tract and examine the stomach, esophagus and small intestine. It is a wireless, disposable gadget, which also includes a transmitter and light source. Capsule endoscopy does not require anesthesia and helps to diagnose iron deficiency, celiac disease, unexplained abdominal pain, unexplained GI bleeding, and tumors or ulcers.Get a sample copy of this Report: www.imarcgroup.com/capsule-endoscopy-market/requestsample
Market Trends:
The escalating demand for minimally invasive procedures in primary diagnosis is majorly driving the capsule endoscopy market across the globe. Rapid technological advancements in capsule endoscopy, such as the adoption of artificial intelligence (AI), robotic technology, are further contributing to the market growth. Besides this, the rising geriatric population, which is more prone to cancer, inflammatory bowel disease and appendicitis, is positively influencing the market growth. Furthermore, increasing investments in research and development (R&D) by leading players to generate more efficient products are creating a positive outlook for the market.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some 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.
Shangxian Minimal Invasive Inc
Capsule Endoscopy Market Segmentation:
Our report has categorized the market based on region, 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
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