Capsule Endoscopy Market Outlook 2025 – In-Depth Data for Business Expansion to 2034
This report is designed for companies and decision-makers seeking actionable insights on market size, growth, trends, and competitive strategies to drive expansion and success in the Capsule Endoscopy industry.
What is the current market size of the capsule endoscopy industry, and what growth rate is it expected to achieve?
The capsule endoscopy market size has grown rapidly in recent years. It will grow from $0.69 billion in 2024 to $0.76 billion in 2025 at a compound annual growth rate (CAGR) of 11.14%. The growth in the historic period can be attributed to the increasing prevalence of gastrointestinal disorders, increasing preference for non-invasive diagnostic procedures, a growing aging population, rising awareness about gastrointestinal disorders, and increased healthcare awareness.
The capsule endoscopy market size is expected to see rapid growth in the next few years. It will grow to $1.15 billion in 2029 at a compound annual growth rate (CAGR) of 10.88%. The growth in the forecast period can be attributed to the rise of telemedicine and mobile health solutions, growing adoption of minimally invasive medical technologies, rising preference for outpatient procedures, growing demand for early diagnosis, and rising demand for patient-friendly diagnostic tools. Major trends in the forecast period include technological advancements, innovation in capsule design, developing minimally invasive procedures, integration with artificial intelligence, and innovation in biodegradable capsules.
Download Your Free Sample PDF:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20724&type=smp
What are the major drivers contributing to the growth of the capsule endoscopy market?
The increased prevalence of gastrointestinal illnesses is expected to propel the growth of the capsule endoscopy market going forward. Gastrointestinal (GI) illnesses are disorders that impact the digestive system, encompassing conditions like indigestion, inflammatory bowel disease (IBD), and gastrointestinal cancers. The increased prevalence of gastrointestinal illnesses can be attributed to factors such as poor dietary habits, stress, sedentary lifestyles, antibiotic overuse, an aging population, environmental contaminants, antibiotic resistance, and disruptions in the gut microbiome. Capsule endoscopy provides a non-invasive, detailed view of the gastrointestinal tract, enabling early diagnosis and improved management of conditions such as Crohn’s disease, ulcers, and gastrointestinal bleeding. For instance, in December 2023, according to the IBD Registry, a UK-based non-profit organization, by 2023, the number of individuals with Inflammatory Bowel Disease (IBD) reached over 5,300, reflecting an increase of more than 3,000 members compared to the previous year (2022). Therefore, increased prevalence of gastrointestinal illnesses is driving the growth of the capsule endoscopy market.
What are the major market segments driving the growth of the capsule endoscopy industry?
The capsule endoscopy market covered in this report is segmented –
1) By Product: Capsule Endoscopes, Systems
2) By Application: Obscure Gastrointestinal Bleeding (OGIB), Crohns Disease, Small Intestine Tumor, Other Applications
3) By End User: Hospitals, Diagnostic Laboratories, Specialty Clinics
Subsegments:
1) By Small Bowel Capsule Endoscopes: Small Bowel Capsule Endoscopes, Esophageal Capsule Endoscopes, Colon Capsule Endoscopes, Specialty Capsule Endoscopes
2) By Systems: Workstations And Recorders, Software Platforms, Accessories
View The Full Market Report:
https://www.thebusinessresearchcompany.com/report/capsule-endoscopy-global-market-report
What are the key trends shaping the capsule endoscopy market in the forecast period?
Major companies operating in the capsule endoscopy market are focusing on developing innovative technologies, such as magnetically controlled capsule endoscopy systems, to enhance diagnostic accuracy, improve patient comfort, and expand the range of applications for gastrointestinal imaging. Magnetically controlled capsule endoscopy systems are advanced diagnostic tools that use external magnetic fields to precisely navigate a swallowable camera capsule through the gastrointestinal tract for non-invasive and detailed imaging. For instance, in February 2023, AnX Robotica Corporation, a US-based equipment manufacturing company, launched the NaviCam Small Bowel System to enhance the visualization of the small bowel, which is crucial for diagnosing various gastrointestinal diseases. This advanced system features a magnetically controlled capsule equipped with high definition imaging capabilities, enabling real-time navigation and visualization of the small bowel. The system also integrates AI-powered analytics for rapid and accurate detection of abnormalities, streamlining the diagnostic process. With its non-invasive approach and state-of-the-art technology, the NaviCam Small Bowel System sets a new benchmark for efficiency and effectiveness in gastrointestinal healthcare.
Who are the key market players contributing to the growth of the capsule endoscopy industry?
Major companies operating in the capsule endoscopy market are Medtronic plc, Fujifilm Holdings Corporation, Boston Scientific Corporation, Olympus Corporation, STERIS plc, Given Imaging Ltd., Check-Cap Ltd., Micro-Tech Endoscopy, CapsoVision Inc., Stratis Medical Inc., IntroMedic Co. Ltd., RF System Lab Co. Ltd., Ankon Technologies Co. Ltd., AnX Robotica Corporation, AccuRead Endoscopy Inc., Chongqing Jinshan Science & Technology Group Co. Ltd., BioCam, SynMed Medical Technology Co. Ltd., Anhan Technology Co. Ltd., Shengxian Minimal Invasive Inc.
Which regions are leading the growth of the capsule endoscopy market globally?
North America was the largest region in the capsule endoscopy market in 2024. The regions covered in the capsule endoscopy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Can Companies Use The Capsule Endoscopy Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
Purchase The Report And Get A Swift Delivery:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20724
Need Customized Data On Capsule Endoscopy Market?
For companies needing more tailored intelligence, The Business Research Company offers customized consulting and data services. Whether you're entering new regions, launching innovative products, or assessing M&A opportunities, our experts can develop actionable insights specific to your business objectives.
Request Customized Data:
https://www.thebusinessresearchcompany.com/customise?id=20724&type=smp
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Comments
Post a Comment