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Capsule Endoscopy Market is growing globally with the rapid pace and Forecast to 2023

 



(PharmaNewsWire.Com, February 20, 2018 )
Capsule endoscopy is the part of endoscopy in which a small capsule and pill shaped wireless camera used to examine the digestive system. It is the advanced step up of endoscopy. This method is used to identify diseases like gastrointestinal bleeding, oesophageal diseases, intestine diseases and colon related diseases.
The Global Capsule Endoscopy Market is expected to grow at a CAGR of 9.2% during forecasted period.
Increasing prevalence of these diseases are the major driving factor for the market. Continuous technological advancement in endoscopy and increasing healthcare spending has provided fuel for the growth of the market. But high cost for the diagnosis and limited reimbursement are the major hurdles for the growth of the market.
Segmentation:
Global Capsule Endoscopy Market is segmented on the basis of component into wireless capsule and receiver. On the basis of the product it is segmented into rigid endoscopes, cystoscopes, neuroendoscopes and other and on the basis of the application the market is segmented into Crohn’s disease, intestine diseases, (gastrointestinal tract) GIT bleeding and other
Key players for global capsule endoscopy market:
Fujifilm Holding Corporation (Japan), Olympus Corporation (Japan), Given Imaging (Israel), RF System Lab (US), Capso Vision Inc. (US), IntroMedic Co., Ltd. (South Korea), Chongqing Jinshan Science & Technology Co. (China), Johnson and Johnson (US)
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Regional analysis:
On regional basis, North America has the leading market for capsule endoscopy which is due to continuous increasing people suffering from GIT diseases. Europe has the second largest market which is followed by Asia Pacific. Asia Pacific is the fastest growing market for capsule endoscopy which is growing at a CAGR of 10.1% during forecasted period 2017-2023.
Major Table of Contents:
1 Introduction
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Global Capsule Endoscopy Market, By Component
6 Global Capsule Endoscopy Market, By Product
7 Global Capsule Endoscopy Market, By Application
8 Global Capsule Endoscopy Market, By Region
9 Competitive Landscape
10 Company Profile
…Continued
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