The Europe Capsule Endoscopy System Market would witness market growth of 11.9% CAGR during the forecast period (2022-2028).
Capsule endoscopy is a treatment that involves taking photographs of the digestive tract with a small wireless camera. A capsule endoscopy camera is contained within a vitamin-sized capsule that is swallowed. The camera in the capsule collects thousands of photographs as it goes through the digestive tract and transmits them to a recorder user wears on a belt around the waist. Capsule endoscopy allows doctors to look inside the small intestine, which is difficult to reach with standard endoscopy. Endoscopy is a procedure in which a long, flexible tube with a video camera is sent down the throat or through the rectum.
Capsule endoscopy systems consist of a workstation, data recorder, sensor, and software that work together with wireless capsules. The data recorder is a device that must be worn around the patient's waist for the data acquired by the video capsule to be communicated via sensors. The location and movement of the capsule inside the stomach can also be tracked using data recorders. Small intestinal disease, esophageal disease, and, most recently, colonic disease have all benefited from technological developments in capsule endoscopy systems.
In Europe, healthcare is delivered through a variety of distinct systems operated at the national level. Most European countries have a closely regulated, competitive private health insurance market, with government subsidies available to citizens who cannot afford coverage. The high healthcare expenditure levels in Germany, France, Italy, and the United Kingdom, combined with a large presence of prominent market players supplying technically advanced capsule endoscopy devices and systems, make it a fertile ground for the capsule endoscopy systems market to grow in the near future.
In patients with unclear gastrointestinal bleeding, the European Society of Gastrointestinal Endoscopy (ESGE) advises small-bowel video capsule endoscopy as the first-line examination (strong recommendation, moderate quality evidence). To enhance the diagnostic yield in patients with overt obscure gastrointestinal bleeding, ESGE suggests doing small bowel capsule endoscopy as soon as feasible after the bleeding episode, ideally within 14 days. These guidelines are likely to positively influence the demand for capsule endoscopy.
The Germany market dominated the Europe Capsule Endoscopy System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $93.9 million by 2028. The UK market is estimated to grow at a CAGR of 10.9% during (2022 - 2028). Additionally, The France market would display a CAGR of 12.7% during (2022 - 2028).
Based on Component, the market is segmented into Capsule Endoscope and Work-stations & Recorders. Based on Disease Type, the market is segmented into Small Intestine Disorder, Esophageal Disorder, and Colonic Disorder. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Capsule Endoscopy System Market will Hit $1.4 Billion by 2028, at a CAGR of 12.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fujifilm Holdings Corporation, Medtronic PLC, Olympus Corporation, Check Cap Ltd., CapsoVision, Inc., Chongqing Jinshan Science and Technology Group Co., Ltd., IntroMedic Co., Ltd., RF Systems Lab, Shangxian Minimal Invasive, Inc., and AnX Robotica Corp.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Capsule Endoscope
- Work-stations & Recorders
By Disease Type
- Small Intestine Disorder
- Esophageal Disorder
- Colonic Disorder
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Fujifilm Holdings Corporation
- Medtronic PLC
- Olympus Corporation
- Check Cap Ltd.
- CapsoVision, Inc.
- Chongqing Jinshan Science and Technology Group Co., Ltd.
- IntroMedic Co., Ltd.
- RF Systems Lab
- Shangxian Minimal Invasive, Inc.
- AnX Robotica Corp.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Capsule Endoscopy System Market, by Component
1.4.2 Europe Capsule Endoscopy System Market, by Disease Type
1.4.3 Europe Capsule Endoscopy System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Capsule Endoscopy System Market
Chapter 4. Europe Capsule Endoscopy System Market by Component
4.1 Europe Capsule Endoscope Market by Country
4.2 Europe Work-stations & Recorders Market by Country
Chapter 5. Europe Capsule Endoscopy System Market by Disease Type
5.1 Europe Small Intestine Disorder Market by Country
5.2 Europe Esophageal Disorder Market by Country
5.3 Europe Colonic Disorder Market by Country
Chapter 6. Europe Capsule Endoscopy System Market by Country
6.1 Germany Capsule Endoscopy System Market
6.1.1 Germany Capsule Endoscopy System Market by Component
6.1.2 Germany Capsule Endoscopy System Market by Disease Type
6.2 UK Capsule Endoscopy System Market
6.2.1 UK Capsule Endoscopy System Market by Component
6.2.2 UK Capsule Endoscopy System Market by Disease Type
6.3 France Capsule Endoscopy System Market
6.3.1 France Capsule Endoscopy System Market by Component
6.3.2 France Capsule Endoscopy System Market by Disease Type
6.4 Russia Capsule Endoscopy System Market
6.4.1 Russia Capsule Endoscopy System Market by Component
6.4.2 Russia Capsule Endoscopy System Market by Disease Type
6.5 Spain Capsule Endoscopy System Market
6.5.1 Spain Capsule Endoscopy System Market by Component
6.5.2 Spain Capsule Endoscopy System Market by Disease Type
6.6 Italy Capsule Endoscopy System Market
6.6.1 Italy Capsule Endoscopy System Market by Component
6.6.2 Italy Capsule Endoscopy System Market by Disease Type
6.7 Rest of Europe Capsule Endoscopy System Market
6.7.1 Rest of Europe Capsule Endoscopy System Market by Component
6.7.2 Rest of Europe Capsule Endoscopy System Market by Disease Type
Chapter 7. Company Profiles
7.1 Fujifilm Holdings Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent Strategies and Developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 Medtronic PLC
7.2.1 Company overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent Strategies and Developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Approvals and Trials:
7.3 Olympus Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent Strategies and Developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.4 Check Cap Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Research & Development Expense
7.5 CapsoVision, Inc.
7.5.1 Company Overview
7.5.2 Recent Strategies and Developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.6 Chongqing Jinshan Science and Technology Group Co., Ltd.
7.6.1 Company Overview
7.7 IntroMedic Co., Ltd.
7.7.1 Company Overview
7.7.2 Recent Strategies and Developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 RF Systems Lab
7.8.1 Company Overview
7.9 Shangxian Minimal Invasive, Inc.
7.9.1 Company Overview
7.10. AnX Robotica Corp.
7.10.1 Company Overview
7.10.2 Recent Strategies and Developments:
7.10.2.1 Approvals and Trials:
TABLE 1 Europe Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 2 Europe Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 3 Europe Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 4 Europe Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 5 Europe Capsule Endoscope Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Capsule Endoscope Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Work-stations & Recorders Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Work-stations & Recorders Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 10 Europe Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 11 Europe Small Intestine Disorder Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Small Intestine Disorder Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Esophageal Disorder Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Esophageal Disorder Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Colonic Disorder Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Colonic Disorder Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Capsule Endoscopy System Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Capsule Endoscopy System Market by Country, 2022 - 2028, USD Million
TABLE 19 Germany Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 20 Germany Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 21 Germany Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 22 Germany Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 23 Germany Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 24 Germany Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 25 UK Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 26 UK Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 27 UK Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 28 UK Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 29 UK Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 30 UK Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 31 France Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 32 France Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 33 France Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 34 France Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 35 France Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 36 France Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 37 Russia Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 38 Russia Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 39 Russia Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 40 Russia Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 41 Russia Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 42 Russia Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 43 Spain Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 44 Spain Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 45 Spain Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 46 Spain Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 47 Spain Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 48 Spain Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 49 Italy Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 50 Italy Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 51 Italy Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 52 Italy Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 53 Italy Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 54 Italy Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 55 Rest of Europe Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 56 Rest of Europe Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 57 Rest of Europe Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 58 Rest of Europe Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 59 Rest of Europe Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 60 Rest of Europe Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 61 Key Information – Fujifilm Holdings Corporation
TABLE 62 Key Information – Medtronic PLC
TABLE 63 key Information – Olympus Corporation
TABLE 64 Key Information – Check Cap Ltd.
TABLE 65 key Information – CapsoVision, Inc.
TABLE 66 key Information – Chongqing Jinshan Science and Technology Group Co., Ltd.
TABLE 67 Key Information – IntroMedic Co., Ltd.
TABLE 68 Key information – RF Systems Lab
TABLE 69 key Information – Shangxian Minimal Invasive, Inc.
TABLE 70 Key Information – AnX Robotica Corp.
List of Figures
FIG 1 Methodology for the research