Capsule Endoscopy System Market Size is Likely to Reach a Valuation of Around $2.0 Billion by 2030

Capsule endoscopy system market is estimated to reach $2.0 billion by 2030, growing at a CAGR of 12.4% from 2021 to 2030.

PORTLAND, OREGON, UNITED STATES, March 28, 2023 /EINPresswire.com/ -- Capsule endoscopy is a non-invasive medical imaging technology that allows visualization and examination of the gastrointestinal tract using a small, pill-sized capsule equipped with a tiny camera. The capsule endoscopy system market refers to the industry involved in the manufacturing and distribution of capsule endoscopy systems.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
The major companies profiled in the capsule endoscopy system industry report include in Given Imaging (Medtronic), IntroMedic Co., Ltd., Olympus Corporation, Chongqing Jinshan Science & Technology (Group) Co., Ltd., RF System lab, CapsoVision, Shengxian Minimal Invasive Inc., Check -Cap, Accuread Endoscopy Inc., Fujifilm Holding Corporation, Anhan Technology (wuhan) co., Ltd.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/701

Increase in prevalence of cancer, growth in global geriatric population , rise in demand for minimally invasive diagnostic procedures, and surge in introduction of technologically advanced capsules drive the market growth However, high cost of treatments and endoscopy equipment, limited reimbursement, and risk of retention of the capsule, which may require endoscopic retrieval or rarely surgical resection hinder the capsule endoscopy system market growth. Conversely, continuous product innovations and introduction of capsule endoscopy in untapped countries are expected to provide lucrative growth opportunities for key market players.

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Depending on disease in capsule endoscopy system market analysis, the small intestine disorder segment accounted for a major capsule endoscopy system market share of the market share in the capsule endoscopy systems market in 2020. This segment is expected to exhibit a prominent growth rate, owing to the large patient base suffering from small bowel disease. In addition, it has an establish reimbursement policies in developed and developing economies.

Region wise in capsule endoscopy system industry, North America accounted for more than 12.3% of the global market share in 2020, and is expected to remain dominant throughout the forecast period owing due to rise in preference for minimally invasive screening procedures, surge in technologically enhanced products and systems, and increase in construction of healthcare infrastructure. Asia-Pacific is projected to register the highest CAGR of 13.2% during the forecast period, owing to improving healthcare infrastructure, rising geriatric population ,and significant economic development.

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𝐎𝐮𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐬 𝐘𝐨𝐮 𝐀𝐧𝐬𝐰𝐞𝐫 𝐭𝐨 𝐁𝐞𝐥𝐨𝐰 𝐌𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

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