The global capsule endoscopy market is likely to derive growth from the rise in the number of chronic diseases, namely, cancer and gastrointestinal diseases across the globe. Fortune Business Insights, in a report, titled “Capsule Endoscopy Market Size, Share And Global Trend By Product (Oesophageal Capsule, Small Bowel Capsule,Colon Capsule), By Application (Obscure Gastrointestinal Bleeding, Crohn’s Disease, Small Intestine Tumor), By End User (Hospitals, Diagnostic Laboratories, Specialty Clinics), And Geography Forecast Till 2026,” states that there has been advancements in hybrid imaging techniques as well as capsule endoscopy technology, which in turn is propelling the global endoscopy market. Also, patients have recently started favoring advanced and modern diagnostics for fast recovery. This is one of the most significant factors that has been contributing towards the growth of the global capsule endoscopy market.
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Some of the Main Key Players Covered in the Capsule Endoscopy Market Report
- Olympus Corporation
- IntroMedic Co., Ltd.
- JINSHAN Science & Technology
- Fujifilm Holding Corporation
- RF System lab
North America and Europe Market Likely to Show Notable Growth
Geographically, the global capsule endoscopy market is divided into Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. Amongst these regions, North America is projected to hold the largest share in the global capsule endoscopy market during the forecast period. A rise in the number of cases of gastrointestinal disorders and colorectal cancer are likely to catapult North America to the leading position. Also, high demand for minimally invasive surgeries, an increasing adoption of modern and advanced technological services, and a rise in the investment in the healthcare infrastructure are projected to propel the capsule endoscopy market in North America.
The region is anticipated to be followed by Europe. Furthermore, Latin America and Asia Pacific are likely to exhibit a higher CAGR during the forecast period. This is anticipated to occur due to an increasing number of geriatric population in these regions. There have also been numerous advancements in the endoscopy treatments and the governments are also taking several initiatives to create awareness among the masses about capsule endoscopy. All these factors are likely to boost the capsule endoscopy market in both the regions.
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KEY QUESTIONS ANSWERED:
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
Why Choose Fortune Business Insights?
Highlights of the Report
- In-depth analysis of various insights, namely, Capsule Endoscopy Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and market shares.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
Key Segmentation of Capsule Endoscopy Market
Capsule Endoscopy Market Segments by Product
- Oesophageal Capsule
- Small Bowel Capsule
- Colon Capsule
Capsule Endoscopy Market Segments by Application
- Obscure Gastrointestinal Bleeding (OGIB)
- Crohn’s Disease
- Small Intestine Tumor
Capsule Endoscopy Market Segments by End User
- Diagnostic Laboratories
- Specialty Clinics
Capsule Endoscopy Market Segments by Geography
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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