Capsule Endoscopy Market Analysis by Accessories (Workstation & Receiver, Wireless Capsule), by Product (Esophageal, Colon, Small Bowel), by Application (Crohn’s Disease, OGIB (Obscure Gastrointestinal Bleeding), Small Intestine Tumor), and by Region - Forecast to 2029

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The global capsule endoscopy market size is estimated to be USD 778.2 million in 2021 and is expected to witness a CAGR of 8.89% during the forecast period. Growing global occurrence of small intestinal disorders is a key driver for the growth of the global capsule endoscopy market. Additionally, increase in the geriatric population worldwide and rise in favorable initiatives taken by the government in the capsule endoscopy market are some of the other drivers propelling the market growth. Nevertheless, high cost of capsule endoscopy treatment and risks and difficulties of capsule endoscopy are expected to restrain the global market growth.

Global Capsule Endoscopy Market Size (USD Million), 2021-2029

Source: Erevna Healthcare

By Accessories

Based on accessories, the market is segmented into workstation and receiver and wireless capsule. In 2021, the wireless capsule segment accounted for a substantial revenue share and is expected to grow with a lucrative CAGR during the forecast period. This is attributed to increase in application of wireless capsules in the small intestine, colon, and esophagus along with the presence of favorable repayment policies worldwide. Workstation and receiver segment projected to grow at a profitable CAGR during the forecast period. This is attributed to the increase in the investment in global capsule endoscopy market.

By Product

Based on product, the market is segmented into esophageal, colon, and small bowel. In 2021, the small bowel segment accounted for a substantial revenue share and is expected to grow with a lucrative CAGR during the forecast period. This can be attributed to increase in the application of capsule endoscopy in many medical conditions, namely inflammatory bowel disease and small bowel neoplastic lesions worldwide. The esophageal segment is expected to grow at a profitable CAGR during the forecast period. This can be attributed to the increasing demand for less invasive analysis platform for esophageal cancer.

By Application

Based on application, the market is segmented into small intestine tumor, Crohn’s disease, OGIB (obscure gastrointestinal bleeding), and others. In 2021, the OGIB (obscure gastrointestinal bleeding) segment accounted for a substantial revenue share and is expected to gorw with a lucrative CAGR during the forecast period. This is due to the various benefits offered by capsule endoscopy such as real-time imagining of the entire small intestine and quicker & easier diagnosis worldwide. The Crohn’s disease segment is anticipated to grow at a profitable CAGR during the forecast period, due to the increasing occurrence of target disease along with adoption of capsule endoscopy as a favored diagnosis method.

Regional Insights

In 2021, North America held the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This can be attributed to the growth in cases of GI disorders and colorectal cancer, existence of favorable compensation policies, increase in the share of healthcare expenditure in the per capita income, and increase in the adoption of minimally invasive capsule endoscopy in the region. Asia Pacific market is expected to grow at the fastest CAGR over the forecast period owing to the presence of major players investing in the region, growing government and corporate investment in healthcare sector, increasing travel tourism in the developing economies, and accessibility of technological advanced products.

Competitor Insights

Some of the key players in the capsule endoscopy market are Boston Scientific Corporation (U.S.); IntroMedic (Korea); AccuRead Endoscopy Inc (U.S.); Given Imaging (Israel); Olympus Corporation (Japan); Chongqing Jinshan Science & Technology (Group) Co. Ltd (China); Fujifilm Holdings Corporation (Japan); RF SYSTEM lab (Japan); CapsoVision, Inc. (U.S.); and Medtronic Plc (Ireland). The leading players operating in the capsule endoscopy industry are adopting various strategies including R&D investments, adaption of advanced techniques, new technology launches, mergers & acquisitions, and regional expansions to capture a maximum revenue share.

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The capsule endoscopy market report is categorized into the following segments and subsegments:

Capsule Endoscopy Market, By Accessories (Revenue, USD Million, 2021 – 2029)

  • Workstation and Receiver
  • Wireless Capsule

Capsule Endoscopy Market, By Product (Revenue, USD Million, 2021 – 2029)

  • Esophageal
  • Colon
  • Small Bowel

Capsule Endoscopy Market, By Application (Revenue, USD Million, 2021 – 2029)

  • Crohn’s Disease
  • OGIB (Obscure Gastrointestinal Bleeding)
  • Small Intestine Tumor
  • Others

Capsule Endoscopy Market, By Region (Revenue, USD Million, 2021 – 2029)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Scope of Ablation Technology Market Report

Key Parameters Details
Base Year
  • 2021
Forecast Period
  • 2022-2029
Study Coverage
  • Global and regional market size and revenue forecast
  • Segment market size and revenue forecast at global, regional, and country level
  • Competitive landscape (company share analysis, company profiles, recent development, competitive map analysis)
  • Conclusion and recommendations
Qualitative Analysis
  • Market drivers
  • Market restraints
  • Market opportunities
  • Recent market trends
  • Market challenges
  • Porter’s Five Forces analysis
  • PEST analysis
  • Value-chain analysis
  • COVID-19 impact analysis
Regional Market Scope
  • North America (U.S. and Canada)
  • Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
  • MEA (South Africa, GCC, Rest of MEA)
Company Profiles
  • Exhaustive profiles of top 15 players
  • 50+ other major players listing
15% Free Customization Available
  • You can customize the study scope to meet your exact requirement. Click here for more details

Table of Contents: Capsule Endoscopy Market 2021-2029

  1. Research Methodology
    1. Study Objectives
    2. Study Scope
    3. Research Assumptions
    4. Research Framework
      1. Research Models
        1. Bottom-up Approach
        2. Top-down Approach
        3. Data Triangulation
      2. Data Procurement
        1. Internal Database
        2. Secondary Research
        3. Purchased Database
        4. Primary Research
      3. Data Analysis
        1. Data Validation
        2. Market Size Estimation
        3. Market Forecast Model
      4. Quality Assessment
  1. Introduction: Capsule Endoscopy
  2. Executive Summary
    1. Global Market Scenario
    2. Segment Market Scenario
    3. Geographic Market Scenario
    4. COVID-19 Impact
    5. Competitive Landscape
  3. Market Dynamics
    1. Market Drivers
      1. Driver 1
      2. Driver 2
      3. Driver 3
      4. Driver 4
      5. Driver 5
    2. Market Restraint
      1. Restraint 1
      2. Restraint 2
      3. Restraint 3
      4. Restraint 4
    3. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
      3. Opportunity 3
      4. Opportunity 4
    4. Market Trends
      1. Trend 1
      2. Trend 2
      3. Trend 3
      4. Trend 4
    5. Market Challenges
      1. Challenge 1
      2. Challenge 2
      3. Challenge 3
      4. Challenge 4
  1. Market Environment Analysis
    1. Porter’s 5 Forces Analysis
    2. PESTEL Analysis
    3. Value Chain Analysis
    4. SWOT Analysis
    5. Benchmark
  2. COVID-19 Impact Analysis: Capsule Endoscopy Market
    1. COVID-19: Overview
    2. COVID-19 Impact on the Global Market
    3. COVID-19 Impact on the Regional Markets
  3. Market Analysis by Accessories
    1. Radiofrequency Ablators
      1. Radiofrequency Ablators Market Forecast, 2021-2029 (USD Million)
    2. Ultrasound Ablators
      1. Ultrasound Ablators Market Forecast, 2021-2029 (USD Million)
    3. Laser/Light Ablators
      1. Laser/Light Ablators Market Forecast, 2021-2029 (USD Million)
    4. Cryoablation Devices
      1. Cryoablation Devices Market Forecast, 2021-2029 (USD Million)
    5. Electrical Ablators
      1. Electrical Ablators Market Forecast, 2021-2029 (USD Million)
    6. Microwave Ablators
      1. Microwave Ablators Market Forecast, 2021-2029 (USD Million)
    7. Hydrothermal Ablators
      1. Hydrothermal Ablators Market Forecast, 2021-2029 (USD Million)
  1. Market Analysis by Product
    1. Radiofrequency
      1. Radiofrequency Market Forecast, 2021-2029 (USD Million)
    2. Electrical
      1. Electrical Market Forecast, 2021-2029 (USD Million)
    3. Cryoablation
      1. Cryoablation Market Forecast, 2021-2029 (USD Million)
    4. Laser/Light
      1. Laser/Light Market Forecast, 2021-2029 (USD Million)
    5. Ultrasound
      1. Ultrasound Market Forecast, 2021-2029 (USD Million)
    6. Hydrothermal
      1. Hydrothermal Market Forecast, 2021-2029 (USD Million)
    7. Microwave
      1. Microwave Market Forecast, 2021-2029 (USD Million)
  1. Market Analysis by Application
    1. Cardiovascular Diseases
      1. Cardiovascular Diseases Market Forecast, 2021-2029 (USD Million)
    2. Ophthalmology
      1. Ophthalmology Market Forecast, 2021-2029 (USD Million)
    3. Cancer
      1. Cancer Market Forecast, 2021-2029 (USD Million)
    4. Pain Management
      1. Pain Management Market Forecast, 2021-2029 (USD Million)
    5. Orthopedic Treatment
      1. Orthopedic Treatment Market Forecast, 2021-2029 (USD Million)
    6. Gynecology
      1. Gynecology Market Forecast, 2021-2029 (USD Million)
    7. Cosmetic Surgeries
      1. Cosmetic Surgeries Market Forecast, 2021-2029 (USD Million)
    8. Urology
      1. Urology Market Forecast, 2021-2029 (USD Million)
  1. Regional Market Analysis
    1. Regional Market Trends
    2. Regional Market: Comparative Analysis
  2. North America Capsule Endoscopy Market
    1. North America Capsule Endoscopy Market
      1. North America Market Size and Forecast, 2021-2029 (USD Million)
        1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
        2. Market Size and Forecast by Product, 2021-2029 (USD Million)
        3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
      2. S. Capsule Endoscopy Market
        1. S. Market Size and Forecast, 2021-2029 (USD Million)
          1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
          2. Market Size and Forecast by Product, 2021-2029 (USD Million)
          3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
        2. Canada Capsule Endoscopy Market
          1. Canada Market Size and Forecast, 2021-2029 (USD Million)
            1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
            2. Market Size and Forecast by Product, 2021-2029 (USD Million)
            3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
  1. Europe Capsule Endoscopy Market
    1. Europe Capsule Endoscopy Market
      1. Europe Market Size and Forecast, 2021-2029 (USD Million)
        1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
        2. Market Size and Forecast by Product, 2021-2029 (USD Million)
        3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
      2. Germany Capsule Endoscopy Market
        1. Germany Market Size and Forecast, 2021-2029 (USD Million)
          1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
          2. Market Size and Forecast by Product, 2021-2029 (USD Million)
          3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
        2. UK Capsule Endoscopy Market
          1. UK Market Size and Forecast, 2021-2029 (USD Million)
            1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
            2. Market Size and Forecast by Product, 2021-2029 (USD Million)
            3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
          2. France Capsule Endoscopy Market
            1. France Market Size and Forecast, 2021-2029 (USD Million)
              1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
              2. Market Size and Forecast by Product, 2021-2029 (USD Million)
              3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
            2. Spain Capsule Endoscopy Market
              1. Spain Market Size and Forecast, 2021-2029 (USD Million)
                1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
                2. Market Size and Forecast by Product, 2021-2029 (USD Million)
                3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
              2. Italy Capsule Endoscopy Market
                1. Italy Market Size and Forecast, 2021-2029 (USD Million)
                  1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
                  2. Market Size and Forecast by Product, 2021-2029 (USD Million)
                  3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
                2. Rest of Europe Capsule Endoscopy Market
                  1. Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
                    1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
                    2. Market Size and Forecast by Product, 2021-2029 (USD Million)
                    3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
  1. Asia Pacific Capsule Endoscopy Market
    1. Asia Pacific Capsule Endoscopy Market
      1. Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
        1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
        2. Market Size and Forecast by Product, 2021-2029 (USD Million)
        3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
      2. Japan Capsule Endoscopy Market
        1. Japan Market Size and Forecast, 2021-2029 (USD Million)
          1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
          2. Market Size and Forecast by Product, 2021-2029 (USD Million)
          3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
        2. China Capsule Endoscopy Market
          1. China Market Size and Forecast, 2021-2029 (USD Million)
            1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
            2. Market Size and Forecast by Product, 2021-2029 (USD Million)
            3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
          2. India Capsule Endoscopy Market
            1. India Market Size and Forecast, 2021-2029 (USD Million)
              1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
              2. Market Size and Forecast by Product, 2021-2029 (USD Million)
              3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
            2. South Korea Capsule Endoscopy Market
              1. South Korea Market Size and Forecast, 2021-2029 (USD Million)
                1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
                2. Market Size and Forecast by Product, 2021-2029 (USD Million)
                3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
              2. Australia Capsule Endoscopy Market
                1. Australia Market Size and Forecast, 2021-2029 (USD Million)
                  1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
                  2. Market Size and Forecast by Product, 2021-2029 (USD Million)
                  3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
                2. Rest of Asia Pacific Capsule Endoscopy Market
                  1. Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
                    1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
                    2. Market Size and Forecast by Product, 2021-2029 (USD Million)
                    3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
  1. Latin America Capsule Endoscopy Market
    1. Latin America Capsule Endoscopy Market
      1. Latin America Market Size and Forecast, 2021-2029 (USD Million)
        1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
        2. Market Size and Forecast by Product, 2021-2029 (USD Million)
        3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
      2. Brazil Capsule Endoscopy Market
        1. Brazil Market Size and Forecast, 2021-2029 (USD Million)
          1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
          2. Market Size and Forecast by Product, 2021-2029 (USD Million)
          3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
        2. Mexico Capsule Endoscopy Market
          1. Mexico Market Size and Forecast, 2021-2029 (USD Million)
            1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
            2. Market Size and Forecast by Product, 2021-2029 (USD Million)
            3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
          2. Argentina Capsule Endoscopy Market
            1. Argentina Market Size and Forecast, 2021-2029 (USD Million)
              1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
              2. Market Size and Forecast by Product, 2021-2029 (USD Million)
              3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
            2. Rest of Latin America Capsule Endoscopy Market
              1. Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
                1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
                2. Market Size and Forecast by Product, 2021-2029 (USD Million)
                3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
  1. MEA Capsule Endoscopy Market
    1. MEA Capsule Endoscopy Market
      1. MEA Market Size and Forecast, 2021-2029 (USD Million)
        1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
        2. Market Size and Forecast by Product, 2021-2029 (USD Million)
        3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
      2. GCC Capsule Endoscopy Market
        1. GCC Market Size and Forecast, 2021-2029 (USD Million)
          1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
          2. Market Size and Forecast by Product, 2021-2029 (USD Million)
          3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
        2. South Africa Capsule Endoscopy Market
          1. South Africa Market Size and Forecast, 2021-2029 (USD Million)
            1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
            2. Market Size and Forecast by Product, 2021-2029 (USD Million)
            3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
          2. Rest of MEA Capsule Endoscopy Market
            1. Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
              1. Market Size and Forecast by Accessories, 2021-2029 (USD Million)
              2. Market Size and Forecast by Product, 2021-2029 (USD Million)
              3. Market Size and Forecast byApplication, 2021-2029 (USD Million)
  1. Competitor Analysis
    1. Market Share Analysis, 2021 & 2029
    2. Competitive Mapping
    3. Key Players Market Place Analysis
    4. Major Recent Developments
  2. Company Profiles
    1. Boston Scientific Corporation (U.S.)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    2. IntroMedic (Korea)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    3. AccuRead Endoscopy Inc (U.S.)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    4. Given Imaging (Israel)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    5. Olympus Corporation (Japan)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    6. Chongqing Jinshan Science & Technology (Group) Co. Ltd (China)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    7. Fujifilm Holdings Corporation (Japan)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    8. RF SYSTEM lab (Japan)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    9. CapsoVision, Inc. (U.S.)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    10. Medtronic Plc (Ireland)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Procedure Benchmarking
      5. Recent Developments
    11. Veritas Medical Product LLC (U.S.)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Accessories Benchmarking
      5. Recent Developments
    12. Torbot Group Inc. (US)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Accessories Benchmarking
      5. Recent Developments
    13. Smith & Nephew (UK)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Accessories Benchmarking
      5. Recent Developments
    14. Perma-Accessories Company Inc. (US)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Accessories Benchmarking
      5. Recent Developments
    15. 3M (US)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Accessories Benchmarking
      5. Recent Developments
    16. Others Prominent Players

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