Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
Related Topics
Peripheral Artery Disease Market Size Primary Immunodeficiency Disease Market Size Rare Disease Genetic Testing Market Size Sickle Cell Disease Diagnosis Market SizeGlobal Capsule Endoscopy Market Size To Exceed USD 783.8 Million by 2033
According to a research report published by Spherical Insights & Consulting, The Global Capsule Endoscopy Market Size Expected to Grow from 389.8 Million in 2023 to USD 783.8 Million by 2033, at a CAGR of 7.23% during the forecast period 2023-2033.
The capsule endoscopy market is a worldwide business that deals with the manufacturing, production, and sale of capsule endoscopic devices. Capsule endoscopy is an investigative procedure that involves the use of a tiny, swallowable, pill-sized camera to take pictures of the gastrointestinal (GI) tract, specifically the small intestine, where other endoscopic approaches have limited reach. Moreover, the capsule endoscopy market is propelled by the growing incidence of gastrointestinal diseases, rising demand for minimally invasive diagnostic procedures, and evolving AI-based imaging. Ageing populations, developing healthcare infrastructure, and increased awareness towards early disease detection also stimulate market growth. Moreover, reimbursement strategies and technological advancements drive rising adoption levels across the globe. However, the main restraints of the Capsule Endoscopy Market are exorbitant costs, short battery life, the possibility of capsule retention, absence of extensive reimbursement, and difficulty in interpreting images, hindering its larger-scale use, particularly in the developing world.
The small bowel capsule endoscopy segment accounted for the largest share of the global capsule endoscopy market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of type, the global capsule endoscopy market is divided into small bowel capsule endoscopy and esophageal capsule endoscopy. Among these, the self-inflating segment accounted for the largest share of the global capsule endoscopy market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.This is because of its prevalent application in the diagnosis of subtle gastrointestinal bleeding, Crohn's disease, and small bowel malignancies. Its supremacy is fostered by superior adoption rates, technological innovation, and the rise in small intestine disorders over esophageal capsule endoscopy.
The OGIB segment accounted for a substantial share of the global capsule endoscopy market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of the application, the global capsule endoscopy market is divided into OGIB and Crohn’s disease. Among these, the OGIB (Obscure Gastrointestinal Bleeding) segment accounted for a substantial share of the global Capsule Endoscopy market in 2023 and is anticipated to grow at a rapid pace during the projected period. This is because of its prevalence, which is high, because of the challenge in diagnosing with conventional techniques, and because capsule endoscopy proves to be effective in identifying sources of bleeding in the small intestine. The rising number of anemia and GI bleeding disorders also fuels its superiority over Crohn's disease uses.
North America is projected to hold the largest share of the global capsule endoscopy market over the projected period.
North America is projected to hold the largest share of the global capsule endoscopy market over the projected period.This is spurred by innovative healthcare infrastructure, extensive utilization of new technology, increasing prevalence of gastrointestinal diseases, and positive reimbursement policies. The availability of major market players and growing demand for minimally invasive diagnostic procedures further strengthen the region's hold over others.
Asia Pacific is expected to grow at the fastest CAGR of the global capsule endoscopy market during the projected period. This is led by growing healthcare expenditures, mounting cases of gastrointestinal disorders, heightened awareness, and growing access to sophisticated diagnostic devices. Enhanced healthcare facilities, a huge patient base, and the rising use of minimally invasive surgeries further fuel market growth in China, India, and Japan.
Company Profiling
Major vendors in the global capsule endoscopy market are Medtronic, Olympus, AnX Robotics, JINSHAN Science & Technology (Group) Co., Ltd., CapsoVision, Shangxian Minimal Invasive Inc., INTROMEDIC, Check-Cap, RF Co., Ltd., BioCam., and others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global capsule endoscopy market based on the below-mentioned segments:
Global Capsule Endoscopy Market, By Type
Global Capsule Endoscopy Market, By Application
Global Capsule Endoscopy Market, By Regional
May 2025 - The Global Small Animals Respiratory Diseases Treatment Market Size is Expected to Grow from USD 25.18 Million in 2023 to USD 33.94 Million by 2033, at a CAGR of 3.03% during the forecast period 2023-2033.
May 2025 - The Global Rail Vehicle Sanitation System Market Size is Expected to Grow from USD 1.23 Billion in 2023 to USD 2.52 Billion by 2033, Growing at a CAGR of 7.44% during the forecast period 2023-2033.
May 2025 - The Global Online Food Delivery in Train Market Size is Expected to Grow from USD 1.24 Billion in 2023 to USD 3.87 Billion by 2033, Growing at a CAGR of 12.05% during the forecast period 2023-2033.
We have received your message and would like to thank you for writing to us. If your inquiry is urgent, please use the telephone number listed below to talk to one of our staff members. Otherwise, we will reply by email as soon as possible.
+1 303 800 4326 +91 9561448932 emailsales@sphericalinsights.com
