Capsule Endoscopy Market to Exhibit a CAGR of 9..34% during 2019-2025
Global Capsule Endoscopy Market Outlook and Growth Opportunities to 2025: By Type (Workstations & Data Recorders, Capsules and Others), By Application (General Surgery, Cardiac Endoscopes, Gynaecology Endoscopes, Urologic Endoscopes, Bariatric Endoscopes,
(EMAILWIRE.COM, June 10, 2019 ) Global Capsule Endoscopy Market is poised to report 9.34% during the forecast period 2019 to 2025. Increase in gastrointestinal diseases, colon cancer, and others are witnessed to increase the demand for capsules endoscopies attributing for immediate diagnostics tools and visualization of gastrointestinal organs.
Browse Capsule Endoscopy Market Outlook Report @ https://www.oganalysis.com/industry-reports/216036/Capsule Endoscopy-market
In addition, technological advancements such as extend battery life, Wi-Fi connectivity, others are fuelling market growth. Use of capsule endoscopies are easy, painless, time efficient, and other properties are witnessed to accelerate the market size.
Sometimes, risks and complications associated with stuck of a capsule endoscope inside the body more days are challenging the market growth. In few cases, it causes internal bleeding which tend to cause inflammation or tissue damage when it passes through narrow passages is also restraining the market demand.
Based on type, Capsule market is witnessed to lead the global capsule endoscopy market:
Capsule dominates among the different types of capsule endoscopies registering at a CAGR rate of 9.51% during the forecast period 2019 to 2025.
Increase in ageing population coupled with a rise in gastrointestinal diseases such as inflammatory bowel disease, appendicitis, and others witnessed to drive the demand for capsule endoscopies. The factors such as the easy collection of data, accuracy, availability of clear images when compared regular types of imaging tests such as X-ray or magnetic resonance imaging (MRI), are witnessed to boost the market. Capsule endoscopy treatment is painless and not requires any anaesthesia is also a driving factor fueling the market share.
The high cost of capsule endoscopies procurement and food restrictions associated with the capsule endoscopy treatment are declining the market growth. Limited battery time of capsule endoscopy is also estimated to restrain the market. Further, types of capsule endoscopies are segmented into workstations and data recorders, and others.
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Hospitals dominate among the end user industries of the global capsule endoscopy market:
Approval of medical across some countries for capsule endoscopy treatments in some countries and the availability of expert medical professionals dealing with capsule endoscopy treatments are witnessed to drive the demand. Increase in numbers of patients’ sufferings from stomach ulcers and is increasing considerably with respect to evolution are tend to accelerate the market share.
Lack of skilled professionals and high treatment costs across the hospitals are restraining the market growth. In addition, these end-user industries of capsule endoscopy market are segmented into clinical centres and others.
North America capsule endoscopy market occupies major share:
North America leads the global capsule endoscopy market accounting for major share in terms of volume and market value.
Increasing awareness among the consumers regarding minimal abrasive surgeries, fewer complications and risks, and others owing for their physical condition are witnessed to drive the demand. The rising number of gastrointestinal, cancer, and other patients coupled with the presence of advanced healthcare infrastructure, and reimbursement policies such as medical and health insurance are evident to increase the capsule endoscopy market share.
In addition, R&D efforts for the development of hybrid capsule endoscopies with enhanced technologies and features could be a benefit for key players in attributing for increased market share. Further, regional analysis of global capsule endoscopy market is analysed for countries across the Asia Pacific, Europe, South & Central America, and Middle East & Africa.
Competitive Landscape:
The key players operating in the capsule endoscopy market are Olympus Corporation, Karl Storz GmbH & Co KG., B. Braun Melsungen AG, Stryker Corporation, and Boston Scientific Corporation, Ethicon, Inc. (Johnson & Johnson), Fujifilm Holding Corporation, Medtronic PLC, PENTAX Medical (Hoya Corporation), and Smith & Nephew PLC.
Increased R&D efforts for the development of hybrid capsule endoscopies with extended battery life, WI-FI connectivity, and other factors; and launch of new products are the key strategies adopted by key players in the market to sustain in the competitive landscape.
Make an Inquiry for Discount on Capsule Endoscopy Market report @ https://www.oganalysis.com/discount/216036
On June 2018, CapsoVision signed a distribution partnership agreement with PENTAX Medical to sell its capsule endoscopy solutions CapsoCam Plus and CapsoCloud across the US.
On June 2018, Stratis Medical, Inc., signed a distribution partnership agreement with IntroMedic Co., Ltd., to sell their products MiroCam Capsule Endoscopy System in the United States.
About OG Analysis:
OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.
Contact Us:
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Phone: +91-7337 01 3757
Email: sales@oganalysis.com
Website: https://www.oganalysis.com
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Browse Capsule Endoscopy Market Outlook Report @ https://www.oganalysis.com/industry-reports/216036/Capsule Endoscopy-market
In addition, technological advancements such as extend battery life, Wi-Fi connectivity, others are fuelling market growth. Use of capsule endoscopies are easy, painless, time efficient, and other properties are witnessed to accelerate the market size.
Sometimes, risks and complications associated with stuck of a capsule endoscope inside the body more days are challenging the market growth. In few cases, it causes internal bleeding which tend to cause inflammation or tissue damage when it passes through narrow passages is also restraining the market demand.
Based on type, Capsule market is witnessed to lead the global capsule endoscopy market:
Capsule dominates among the different types of capsule endoscopies registering at a CAGR rate of 9.51% during the forecast period 2019 to 2025.
Increase in ageing population coupled with a rise in gastrointestinal diseases such as inflammatory bowel disease, appendicitis, and others witnessed to drive the demand for capsule endoscopies. The factors such as the easy collection of data, accuracy, availability of clear images when compared regular types of imaging tests such as X-ray or magnetic resonance imaging (MRI), are witnessed to boost the market. Capsule endoscopy treatment is painless and not requires any anaesthesia is also a driving factor fueling the market share.
The high cost of capsule endoscopies procurement and food restrictions associated with the capsule endoscopy treatment are declining the market growth. Limited battery time of capsule endoscopy is also estimated to restrain the market. Further, types of capsule endoscopies are segmented into workstations and data recorders, and others.
Request Sample @ https://www.oganalysis.com/sample/216036
Hospitals dominate among the end user industries of the global capsule endoscopy market:
Approval of medical across some countries for capsule endoscopy treatments in some countries and the availability of expert medical professionals dealing with capsule endoscopy treatments are witnessed to drive the demand. Increase in numbers of patients’ sufferings from stomach ulcers and is increasing considerably with respect to evolution are tend to accelerate the market share.
Lack of skilled professionals and high treatment costs across the hospitals are restraining the market growth. In addition, these end-user industries of capsule endoscopy market are segmented into clinical centres and others.
North America capsule endoscopy market occupies major share:
North America leads the global capsule endoscopy market accounting for major share in terms of volume and market value.
Increasing awareness among the consumers regarding minimal abrasive surgeries, fewer complications and risks, and others owing for their physical condition are witnessed to drive the demand. The rising number of gastrointestinal, cancer, and other patients coupled with the presence of advanced healthcare infrastructure, and reimbursement policies such as medical and health insurance are evident to increase the capsule endoscopy market share.
In addition, R&D efforts for the development of hybrid capsule endoscopies with enhanced technologies and features could be a benefit for key players in attributing for increased market share. Further, regional analysis of global capsule endoscopy market is analysed for countries across the Asia Pacific, Europe, South & Central America, and Middle East & Africa.
Competitive Landscape:
The key players operating in the capsule endoscopy market are Olympus Corporation, Karl Storz GmbH & Co KG., B. Braun Melsungen AG, Stryker Corporation, and Boston Scientific Corporation, Ethicon, Inc. (Johnson & Johnson), Fujifilm Holding Corporation, Medtronic PLC, PENTAX Medical (Hoya Corporation), and Smith & Nephew PLC.
Increased R&D efforts for the development of hybrid capsule endoscopies with extended battery life, WI-FI connectivity, and other factors; and launch of new products are the key strategies adopted by key players in the market to sustain in the competitive landscape.
Make an Inquiry for Discount on Capsule Endoscopy Market report @ https://www.oganalysis.com/discount/216036
On June 2018, CapsoVision signed a distribution partnership agreement with PENTAX Medical to sell its capsule endoscopy solutions CapsoCam Plus and CapsoCloud across the US.
On June 2018, Stratis Medical, Inc., signed a distribution partnership agreement with IntroMedic Co., Ltd., to sell their products MiroCam Capsule Endoscopy System in the United States.
About OG Analysis:
OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.
Contact Us:
Ambarish
Phone: +91-7337 01 3757
Email: sales@oganalysis.com
Website: https://www.oganalysis.com
Follow Us on LinkedIn: https://www.linkedin.com/company/og-analysis/
Contact Information:
OGAnalysis
OG Analysis
Tel: 7337 01 3757
Email us
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OGAnalysis
OG Analysis
Tel: 7337 01 3757
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results