The Asia Pacific Capsule Endoscopy System Market would witness market growth of 12.6% CAGR during the forecast period (2022-2028).
Traditional endoscopy's diagnostic, monitoring, and visualization qualities have all been enhanced owing to technological advancements. Newer varieties of capsule endoscopes, such as small bowel capsule endoscopes, colon capsule endoscopes, and esophageal capsule endoscopes, have been developed as a result of advanced technologies. Endoscopy now has a high level of accuracy, safety, and precision that would have been impossible to attain just a few years ago.
The market for capsule endoscopy systems is expected to grow significantly over the forecast period, owing to an increase in demand for minimally invasive diagnostic procedures. Increased cancer prevalence, an increase in the senior population, and a surge in the introduction of technologically improved capsules are among the primary drivers driving market expansion.
The external shell, optical window, LED array, optical lens, CMOS image sensor, radio frequency transmitter, antenna, and a power source are all included in a standard capsule endoscope. The exterior shell and optical window are the endoscope's outermost components. Light from the embedded LEDs illuminates the nearby area through the optical window. The exterior casing keeps any possibly harmful physiological fluids away from the electrical components. An array of LEDs is placed around the camera lens inside the capsule. The number of LEDs varies depending on the type, however, it is usually between 4 and
Asia Pacific region is experiencing increased demand for capsule-based endoscopic technology for screening operations. In addition, improving healthcare infrastructure and a growing senior population are two significant factors driving growth. Furthermore, one of the pioneering aspects responsible for attracting international investments is strong economic development in the region. The presence of large competitors, as well as the rapidly evolving start-up scene, is boosting the market growth.
Japan's healthcare system is well-developed, with universal health insurance coverage for all citizens. Japan spends more than most countries on healthcare per citizen. As a result, everyone can afford to receive healthcare services. Innovative technologies, such as capsule endoscopy devices, are quickly adopted in a well-developed healthcare system. Japan is also one of the world’s largest medical device markets. New and innovative healthcare technologies are adopted quickly in this country. This is good news for the capsule endoscopy system market.
The China market dominated the Asia Pacific Capsule Endoscopy System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $114.5 million by 2028. The Japan market is anticipated to grow at a CAGR of 12% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Capsule Endoscopy System Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Capsule Endoscopy System Market, by Component
1.4.2 Asia Pacific Capsule Endoscopy System Market, by Disease Type
1.4.3 Asia Pacific 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. Asia Pacific Capsule Endoscopy System Market by Component
4.1 Asia Pacific Capsule Endoscope Market by Country
4.2 Asia Pacific Work-stations & Recorders Market by Country
Chapter 5. Asia Pacific Capsule Endoscopy System Market by Disease Type
5.1 Asia Pacific Small Intestine Disorder Market by Country
5.2 Asia Pacific Esophageal Disorder Market by Country
5.3 Asia Pacific Colonic Disorder Market by Country
Chapter 6. Asia Pacific Capsule Endoscopy System Market by Country
6.1 China Capsule Endoscopy System Market
6.1.1 China Capsule Endoscopy System Market by Component
6.1.2 China Capsule Endoscopy System Market by Disease Type
6.2 Japan Capsule Endoscopy System Market
6.2.1 Japan Capsule Endoscopy System Market by Component
6.2.2 Japan Capsule Endoscopy System Market by Disease Type
6.3 India Capsule Endoscopy System Market
6.3.1 India Capsule Endoscopy System Market by Component
6.3.2 India Capsule Endoscopy System Market by Disease Type
6.4 South Korea Capsule Endoscopy System Market
6.4.1 South Korea Capsule Endoscopy System Market by Component
6.4.2 South Korea Capsule Endoscopy System Market by Disease Type
6.5 Singapore Capsule Endoscopy System Market
6.5.1 Singapore Capsule Endoscopy System Market by Component
6.5.2 Singapore Capsule Endoscopy System Market by Disease Type
6.6 Malaysia Capsule Endoscopy System Market
6.6.1 Malaysia Capsule Endoscopy System Market by Component
6.6.2 Malaysia Capsule Endoscopy System Market by Disease Type
6.7 Rest of Asia Pacific Capsule Endoscopy System Market
6.7.1 Rest of Asia Pacific Capsule Endoscopy System Market by Component
6.7.2 Rest of Asia Pacific 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 Asia Pacific Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Capsule Endoscope Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Capsule Endoscope Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Work-stations & Recorders Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Work-stations & Recorders Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Small Intestine Disorder Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Small Intestine Disorder Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Esophageal Disorder Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Esophageal Disorder Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Colonic Disorder Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Colonic Disorder Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Capsule Endoscopy System Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Capsule Endoscopy System Market by Country, 2022 - 2028, USD Million
TABLE 19 China Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 20 China Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 21 China Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 22 China Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 23 China Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 24 China Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 25 Japan Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 26 Japan Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 27 Japan Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 28 Japan Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 29 Japan Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 30 Japan Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 31 India Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 32 India Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 33 India Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 34 India Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 35 India Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 36 India Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 37 South Korea Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 38 South Korea Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 39 South Korea Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 40 South Korea Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 41 South Korea Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 42 South Korea Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 43 Singapore Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 44 Singapore Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 45 Singapore Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 46 Singapore Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 47 Singapore Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 48 Singapore Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 49 Malaysia Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 50 Malaysia Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 51 Malaysia Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 52 Malaysia Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 53 Malaysia Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 54 Malaysia Capsule Endoscopy System Market by Disease Type, 2022 - 2028, USD Million
TABLE 55 Rest of Asia Pacific Capsule Endoscopy System Market, 2018 - 2021, USD Million
TABLE 56 Rest of Asia Pacific Capsule Endoscopy System Market, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Capsule Endoscopy System Market by Component, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Capsule Endoscopy System Market by Component, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Capsule Endoscopy System Market by Disease Type, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific 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