What is Pillcam?
Pill Camera (Endoscopy Capsule) is a technology that allows medical professionals, particularly general physicians and gastroenterologists, to examine and re-examine the intestine for possible bleeding or infection. It is made of sealed biocompatible material that can withstand acid, enzymes, and other antibody chemicals in the stomach. Colonoscopy was the local way before to the invention of the Pill camera (Endoscopy Capsule), however research has shown that some areas of the intestine (bowel) cannot be reached by traditional methods, necessitating the use of the Pill Camera. Countless fatalities from stomach ailments such as polyps, inflammatory bowel disease (Crohn's disease), cancers, ulcers, anaemia, and small intestine tumours, which would normally be discovered by advanced equipment such as the Pill Camera, have become the norm in underdeveloped nations. AMA Research have also released a dedicated research coverage on
Capsule Endoscopy System Market Share & Industry Growth Analysis.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Olympus Corporation (Japan), IntroMedic Co., Ltd. (South Korea), Medtronic plc (Ireland), Chongqing Jinshan Science & Technology (Group) Co., Ltd (China), Fujifilm Holding Corporation (Japan), CapsoVision (United States), RF System lab (Japan) and Teleflex Incorporated (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Small Bowel, Esophageal and Colon) and major geographies. Research Analyst at AMA predicts that United States & Japanese Players will contribute to the maximum growth of Global Pillcam market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Pillcam market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Olympus Corporation (Japan), IntroMedic Co., Ltd. (South Korea), Medtronic plc (Ireland), Chongqing Jinshan Science & Technology (Group) Co., Ltd (China), Fujifilm Holding Corporation (Japan), CapsoVision (United States), RF System lab (Japan) and Teleflex Incorporated (United States).
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Pillcam Market Dynamics:
Attributes | Details |
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Growth Drivers | - Prevalence of Intestinal Diseases
- High Investments in Healthcare R&D
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Major Trends | - Rising Geriatric Population
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Restraints | - Lack of Skilled Professionals
- Accidental Concerns
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Road Blocks / Challenges | - Technological Limitations
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Gaps & Opportunities | - Growth in Healthcare Infrastructure Across Emerging Regions
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Key highlights of the Global Pillcam market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Pillcam market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Pillcam market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Pillcam Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pillcam market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Pillcam market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Pillcam Manufactures, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.