2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of the Capsule Endoscopy System Market?

The growth of the capsule endoscopy system market is being fueled by the escalating incidence of cancer. Essentially, cancer is a collective term for various diseases characterized by uncontrolled, abnormal cell growth that can invade surrounding tissues and metastasize to other body parts. Capsule endoscopy systems, which offer a less invasive and more patient-friendly method, are increasingly being used for diagnosing and detecting cancer. These systems allow physicians to view the gastrointestinal tract and identify anomalies like tumors, ulcers, and inflammation, thus improving cancer outcomes and patient quality of life. For instance, the American Cancer Society Inc. reports that there were 608,570 cancer-related deaths in 2022, an increase from 606,520 cancer deaths in 2021, and approximately 1.9 million new cases. As such, the escalating incidence of cancer is likely to boost the capsule endoscopy system market’s growth. The capsule endoscopy system market is also being driven by the rising incidence of gastrointestinal disorders. These disorders entail any condition or disease that affects the gastrointestinal tract, encompassing the mouth, esophagus, stomach, small and large intestines, and anus. Capsule endoscopy provides an efficient and speedy screening method for a range of gastrointestinal conditions, including obscure GI bleeding, thereby aiding in the accurate diagnosis and treatment of these disorders. For example, Crohn’s and Colitis Canada reports that over 322,600 Canadians, or approximately 0.82% of the population, were estimated to have inflammatory bowel diseases (IBD) in 2023. Given the ongoing prevalence of IBD, it is projected that nearly 470,000 Canadians, or roughly 1.1% of the population, will have IBD by 2035. Therefore, the rising incidence of gastrointestinal disorders is forecasted to spur the growth of the capsule endoscopy system market.

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#What Are the Key Projections for the CAGR of the Capsule Endoscopy System Market From 2025 to 2034?

The market size for the capsule endoscopy system has seen a significant increase over the past few years. It is set to expand from a valution of $0.68 billion in 2024 to $0.76 billion in 2025, yielding a compound annual growth rate (CAGR) of 11.7%. Several factors contribute to this growth during the historic period, including a higher patient demand for non-invasive procedures, an upsurge in gastrointestinal disorders, better diagnostic precision, increased patient comfort and compliance, a surge in physician inclination towards capsule endoscopy, as well as an aging population.

In the following years, the market size of the capsule endoscopy system is predicted to witness substantial growth, expanding to $1.11 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 9.9%. This growth during the forecast period can be related to broader applications in gastroenterology, emphasis on early detection, patient-focused healthcare strategies, integration of telemedicine, and worldwide health campaigns for digestive wellbeing. The forecast period is also characterized by significant trends such as technological progress, an increase in gastrointestinal disorders, an aging population, preference for non-invasive procedures, enhanced awareness and patient education, and favourable reimbursement policies.

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Which Upcoming Market Trends and Innovations Are Set to Influence theCapsule Endoscopy System Market’s Path Forward?

Major companies operating in the capsule endoscopy system market are developing advanced capsules, such as the NaviCam small bowel system, to provide a more effective and efficient way to diagnose small bowel diseases. The NAVICAM small bowel capsule endoscopy system, that uses a combination of advanced technologies to provide a more effective and efficient way to diagnose small bowel diseases. For instance, in February 2023, AnX Robotica Corporation, a US-based manufacturer of capsule endoscopy systems, launched the NAVICAM small bowel system, a video capsule endoscopy (VCE) system that uses a combination of advanced technologies to provide a more effective and efficient way to diagnose small bowel diseases. The NAVICA capsule is equipped with a magnet that allows it to be steered remotely by a physician. This allows for more complete visualization of the small bowel, even in difficult-to-reach areas. It also uses artificial intelligence (AI) to automatically identify and flag areas of interest in the video footage. This helps physicians quickly and accurately identify abnormalities in the small bowel. Moreover, it is more effective, efficient, and comfortable for patients, and it provides physicians with the tools they need to make accurate diagnoses of small bowel diseases.

Who Are the Dominant Market Players Pushing the Boundaries of theCapsule Endoscopy System Market?

Major companies operating in the capsule endoscopy system market report are Novartis AG, Medtronic plc., Fujifilm Holdings Corporation, Koninklijke Philips N.V., Boston Scientific Corporation, EmblemHealth Inc., Olympus Corporation, Cerner Corporation, Henry Ford Health System, Steris Corp., Check-Cap Ltd., Proteus Digital Health Inc., Given Imaging Ltd., Medigus Ltd., Lifeline Sciences LLC., Medisafe UK Limited, CellMax Life Ltd., IntroMedic Co. Ltd., https://www.zoominfo.com/c/gi-view-ltd/49843790, SMART Medical Systems Ltd., BodyCap SAS, AnX Robotica Corporation, Advin Healthcare Private Limited, Chongqing Jinshan Science and Technology (Group) Co. Ltd., SmartPill Corporation, ANKON Technologies Co. Ltd., RF Systems Lab Co. Ltd., CapsoVision Inc., PENTAX Medical Company.

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What Are the Core Segments of the Capsule Endoscopy System Market, and How Do They Contribute to Growth?

The capsule endoscopy system market covered in this report is segmented –

1) By Component: Capsule Endoscope, Work Stations And Recorders

2) By Application: Esophageal Diseases, Colonic Diseases, Occult GI Bleeding, Crohn’s Disease, Small Bowel Tumors, Celiac Disease, Inherited Polyposis Syndromes

3) By End-User: Hospitals, Ambulatory Surgery Centers, Other End-Users

Subsegments:

1) By Capsule Endoscope: Video Capsule Endoscopes, Capsule Endoscopes For Small Intestine, Capsule Endoscopes For Colon

2) By Work Stations and Recorders: Work Stations For Image Processing, Data Recorders, Video Recorders, Software For Capsule Endoscopy

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What Regions Are Dominating the Capsule Endoscopy System Market Growth?

North America was the largest region in the capsule endoscopy system market in 2024. The regions covered in the capsule endoscopy system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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