Global Capsule Endoscopy Market to Reach USD 967.8 Million by 2033, Impelled by Increasing Prevalence of Gastrointestinal Disorders

January 16, 2025 | Healthcare

The latest report by IMARC Group, titled “Capsule Endoscopy Market Report by Product (Small Bowel, Esophageal, Colon), Accessory (Wireless Capsule, Workstation and Recorder), Application (OGIB, Crohn’s, Small Intestine Tumors), and Region 2025-2033,” finds that the global capsule endoscopy market size reached USD 521.9 Million in 2024. Capsule endoscopy is used to obtain images of the stomach, esophagus, and small intestines. It uses a small capsule-encased camera, which is swallowed and passed through the gastrointestinal (GI) tract without the requirement of anesthesia. It enables the physician to take images of internal organs that are not accessible through conventional imaging solutions. As a result, capsule endoscopy is widely adopted for the diagnosis and treatment of chronic abdominal pain, gastrointestinal cancer, Crohn’s disease, celiac disease, excessive bleeding, and ulcers.

Global Capsule Endoscopy Market Trends:

The market is primarily driven by the growing prevalence of gastrointestinal disorders and colorectal cancer across the globe. In addition, the rising awareness among the masses regarding the availability of painless and minimally invasive (MI) visualization procedures represents another major growth-inducing factor. Besides this, with various technological advancements, such as the development of capsules with longer battery life and Wi-fi compatibility, product manufacturers are developing user-friendly and high-resolution cameras with a 360-degree panoramic view. This, coupled with the rising geriatric population that is more susceptible to various ailments, such as inflammatory bowel disease, Obscure Gastrointestinal Bleeding (OGIB), and appendicitis, is positively influencing the market growth. Looking forward, IMARC Group expects the market value to reach USD 967.8 Million by 2033, exhibiting a CAGR of 7.1% during the forecast period (2025-2033).

Market Summary:

  • Based on the product, the market has been categorized into small bowel, esophageal, and colon.
  • On the basis of the accessory, the market has been bifurcated into wireless capsule, and workstation and recorder.
  • Based on the application, the market has been classified into OGIB, Crohn’s, and small intestine tumors.
  • Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined in the report, with some of the key players being Boston Scientific Corporation, CapsoVision Inc., Check Cap Ltd, Fujifilm Holdings Corporation, IntroMedic Co. Ltd, Jinshan Science & Technology (Group) Co. Ltd., Medtronic plc, Olympus Corporation, RF Co. Ltd. and Shangxian Minimal Invasive Inc.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Million USD
Segment Coverage Product, Accessory, Application, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Boston Scientific Corporation, CapsoVision Inc., Check Cap Ltd, Fujifilm Holdings Corporation, IntroMedic Co. Ltd, Jinshan Science & Technology (Group) Co. Ltd., Medtronic plc, Olympus Corporation, RF Co. Ltd. and Shangxian Minimal Invasive Inc.
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Global Capsule Endoscopy Market to Reach USD 967.8 Million by 2033, Impelled by Increasing Prevalence of Gastrointestinal Disorders
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