Global Capsule Endoscopy Market Size & Outlook, 2023-2030
Global capsule endoscopy market, 2018-2030 (US$M)
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Global capsule endoscopy market highlights
- The global capsule endoscopy market generated a revenue of USD 537.1 million in 2023 and is expected to reach USD 1,020.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.6% by 2030.
- In terms of segment, outpatient facilities accounted for a revenue of USD 287.1 million in 2023.
- Outpatient Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 537.1 million |
| Market revenue in 2030 | USD 1,020.5 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Outpatient Facilities |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities |
Other key industry trends
- In terms of revenue, the North America accounted for 41.5% of the global capsule endoscopy market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 2.6 million by 2030.
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Capsule Endoscopy Market Scope
Capsule Endoscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global capsule endoscopy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to capsule endoscopy market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 53.45% in 2023. Horizon Databook has segmented the Global capsule endoscopy market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Capsule Endoscopy End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Outpatient Facilities
- Home Care
- Research And Manufacturing
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Horizon Databook provides a detailed overview of global-level data and insights on the Global capsule endoscopy market , including forecasts for subscribers. This global databook contains high-level insights into Global capsule endoscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global capsule endoscopy market size, by region, 2018-2030 (US$M)
Top 10 countries by Capsule Endoscopy Market revenue, 2023 (US$M)
Global capsule endoscopy market share, by end use, 2023 & 2030 (%, US$M)
Capsule endoscopy market: Opportunity assessment by country
Global capsule endoscopy market, by region, 2023 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 9.5 | 10.8 | 10.6 | 11.0 | 12.9 | 14.4 | 16.2 | 18.2 | 20.4 | 22.6 | 24.3 | 26.5 | 28.6 | 10.2% |
| Europe | 92.7 | 104.8 | 102.2 | 105.9 | 122.6 | 135.8 | 150.9 | 167.6 | 186.5 | 205.2 | 219.5 | 236.8 | 253.6 | 9.3% |
| North America | 154.5 | 173.5 | 169.9 | 175.7 | 201.9 | 223.0 | 246.9 | 273.2 | 302.2 | 331.0 | 352.8 | 379.3 | 404.5 | 8.8% |
| MEA | 7.1 | 7.9 | 7.7 | 7.9 | 9.0 | 9.8 | 10.7 | 11.6 | 12.7 | 13.7 | 14.3 | 15.3 | 16.1 | 7.3% |
| Asia Pacific | 99.2 | 113.9 | 110.4 | 114.6 | 136.4 | 154.1 | 174.3 | 196.8 | 222.3 | 248.3 | 269.6 | 292.7 | 317.7 | 10.8% |
| Overall | 362.9 | 410.9 | 400.8 | 415.2 | 482.8 | 537.1 | 598.9 | 667.3 | 744.1 | 820.8 | 880.6 | 950.6 | 1,020.5 | 9.6% |
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