Capsule Endoscopy System Market to Exceed USD 1bn by 2026, at a CAGR of 9.3% from 2018 to 2026

Thursday, March 29, 2018 5:11 PM UTC

NEW YORK, March 29, 2018 -- Global Capsule Endoscopy System Market was valued at USD 628.31 million in 2017 and is expected to reach USD 1.39 billion by 2026, at a CAGR of 9.3% from 2018 to 2026. In growth scenario of Capsule Endoscopy Market, introduction of SBCE had resulted in doubling the rate of diagnosis of small bowel tumors to 6–9 % of patients undergoing SBCE for various indications, obscure GI bleeding being the most common indication. More than half of the tumors diagnosed were malignant. Adenocarcinoma is the most common malignant tumor, followed by carcinoids, lymphomas, sarcomas, and hamartomas. Gastrointestinal stromal tumors are the most frequent benign neoplasm (32 % of all cases). Melanoma is the most common tumor metastasizing to the small bowel, although metastases derived from colorectal cancer and hepatocellular carcinoma have also been reported. Tumors are located most frequently in the jejunum (40–60 %), followed by the ileum (25–40 %), and the duodenum (15–20 %).

Capsule Endoscopy is a medical procedure uniquely designed to visualize gastrointestinal tract specially small bowel in its entirety. Procedure has its importance in finding small bowel lesions and disease states of gastrointestinal tract. Until the introduction of the small bowel video capsule endoscopy (SBCE), the small bowel was very difficult organ to explore and examine with the technologies available. Capsule Endoscopy specially for small bowel provided a reliable, noninvasive, and well accepted and well-tolerated procedure, which has revolutionized technique in medical procedure.

In capsule endoscope technique a wireless capsule (11 9 26 mm) comprised of a light source, lens, CMOS imager, battery, and a wireless transmitter. The recorder is downloaded into a Reporting and Processing of Images and Data computer workstation (RAPID 8) and seen as a continuous video film. Support systems have been added since the first prototype of the RAPID system, including a localization system, a blood detector, a double and quadric picture viewer, a ‘quick viewer,’ single picture adjustment mode, incorporation of the Fuji Intelligent Color Enhancement (FICE) system, an inflammation (Lewis) scoring system, and all meant to assist the interpreter.

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Importance indication of capsule endoscope technique includes:

Obscure gastrointestinal bleeding
Crohn’s disease (suspected/known)
Suspected small bowel tumor
Evaluation of abnormal small bowel imaging
Partially/non-responsive celiac disease
Surveillance of inherited polyposis syndromes
Evaluation of drug-induced small bowel
injury and response to medications

Capsule Endoscopy System Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Animals Wearing Clothes Market: