Capsule Endoscopes Diagnostics Market By Application (Polyps Detection, Crohn's Disease Diagnosis, Ulcers Monitoring, Celiac Detection, Tumors Of Small Intestine, Occult Gastrointestinal Bleeding, Diverticulosis Detection), By Usage Area (Hospitals, Ambulatory Centers, Private Clinics) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

The development of capsule endoscopy in 2001 has given gastroenterologists the opportunity to examine the gastrointestinal tract in a non-invasive manner. Capsule endoscopy is a digital healthcare technology that can be utilized to detect gastrointestinal disorders such as gastroparesis, esophageal disease, gastrointestinal bleeding, and colon related diseases, followed by Crohn’s disease and polyposis syndrome. Capsule endoscopy has revolutionized the diagnosis of various parts of the GI system in a very simple manner. Medical professional can gain edge in observing the various parameters of gastrointestinal tract such as temperature, pressure, and pH with the help of capsule endoscopes. Capsule endoscopy is an emerging technology that clutches huge potential in medical diagnostics. The existing wireless capsule endoscopes does not have the ability to treat pathologies related to the gastrointestinal tract. Realizing this, trials are being conducted for exploring direct delivery of the drug to the target pathogens such as ulcers or tumors through capsule endoscopes. A capsule endoscope system consists of wireless video capsule, sensor array or a sensor belt, data recorder, and workstation with the software.

Although there are options are available in the market such as IntelliCap by Philips Electronics, and Enterion capsule by Phaeton Research (these systems are capable of delivering drug up to 1ml to a region in GI tract like colon, ileum, and jejunum), these systems do not deliver drug at the target areas like ulcer or tumors. Recently the FDA approved the first drug Abilify Mycite, which tracks ingestion of medication by the patient and physician can monitor this activity on their phone. The system includes a sensor which transmits the information to a wearable patch.

This study titled ‘Capsule Endoscopes Diagnostics Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ states a comprehensive analysis offering company executives, investors, industry participants, and developers to take strategic initiatives and verdicts related to the scenarios in the global capsule endoscopes diagnostics market. This report explains and analyzes the major trends dominant in the global capsule endoscopes diagnostics market and the market size and forecast.

This scope of the report comprises segments in form of diseases of gastrointestinal tract and geographical distribution. The segments further are categorized into polyp’s detection, crohn's disease diagnosis, ulcers monitoring, celiac detection, tumors of small intestine, occult gastrointestinal bleeding, and diverticulosis detection, and others. Forecast and market size is performed for the mentioned segments for the duration 2015-2025 alongside CAGRs for the duration 2017-2025.

This report incorporates the geographical distribution into five main regions along with major countries, which are as follows:

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)
    • Japan
    • China
    • India
    • Rest of APAC        
  • Europe
    • Germany
    • United Kingdom
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

The detailed description of above mentioned geographical market is covered for the duration 2015-2025, the report also comprises the CAGRs for the duration 2017-2025, which is further classified on the basis of usage area and at country level market.

An in-depth analysis is done related to the market dynamics such as drivers, restrains, and opportunities are presented in the report, which clarifies the currents trends in the market. Various tools have been used for demonstrating the competitive landscape and potential value of the market. Company profiling is also done for the major players who hold the strong position in the market. Some of the major players in global capsule endoscopes diagnostics market are CapsoVision, Inc., Check-Cap Ltd., Given Imaging Ltd., IntroMedic Co., Ltd., Chongqing Jinshan Science & Technology (Group) Co., Ltd., Olympus Corporation, RF Co., Ltd., Philips Healthcare, Smartpill, Inc., Siemens Healthcare, Stryker Corporation and more.

Geographically, the global capsule endoscopes diagnostics market is cumulative to Europe, Asia Pacific, North America, Middle East and Africa and Middle East & Africa, and Latin America.

Capsule Endoscopes Diagnostics Market

In 2016, North America & Europe have accounted for the major share in global capsule endoscopes diagnostics market, tailed by Asia Pacific, due to main driving reasons such as rising prevalence of gastrointestinal diseases and supportive reimbursement policies. According to the estimates of the American Cancer Society, about 50,260 deaths are predicted to be caused in 2017 by colorectal cancer, which is the third leading cause of death in the United States. Capsule endoscopes diagnosis is fully secure and non-invasive, serving the growing demand for non-invasive diagnosis procedures is expected to increase in the near future. During forecast period 2017 – 2025, Asia Pacific is estimated to be the fastest growing region due to key driving factors such as rising prevalence of GI disease in developing countries, increasing awareness associated with early GI disease diagnosis, developing healthcare infrastructure, and mounting demand for the non-invasive procedure.

The detailed regional classification of the global diabetes drugs market is as follows:

  • North America (Canada & United States)
  • Asia Pacific (India, China, Japan, and Rest of Asia Pacific)
  • Europe (France, Italy, Germany, U.K., Spain, and Rest of Europe)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East and Africa (GCC and Rest of Middle East and Africa)
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Published Date:  Nov 2017
Category:  Medical Devices
Report ID:   58838
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
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