BRICS Capsule Endoscopes Market Outlook (2021-2031)

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031
Report Content: Market Scope, Market Segmentation, Market Dynamics, and Competitive Analysis

Report Coverage:
  • Product Type (Small Bowel Capsule, Colon Capsule)
  • Application (Obscure Gastrointestinal Bleeding, Crohn\'s disease, Tumor, Celiac Disease, Other)
  • End User (Hospitals, Specialty Clinics, Diagnostic Centers, Others)

No. of Pages: 141
Report Code: BMIPUB00032731
Category: Life Sciences
BRICS Capsule Endoscopes Market

The BRICS capsule endoscopes market size is expected to reach US$ 298.6 million by 2031 from US$ 148.4 million in 2024. The market is estimated to record a CAGR of 10.5% from 2025 to 2031.

Executive Summary and BRICS Capsule Endoscopes Market Analysis:

The BRICS capsule endoscopy market is one of the fastest growing market. This market represents an interrelated and interdependent growth environment stemming from variable degrees of healthcare infrastructure, government support, and technical readiness. While China leads the group with its strong manufacturing base and a growing acceptance for consumption of domestic technologies, India follows with a rapidly digitizing healthcare environment, coupled with a rising level of private investment in healthcare technology. Meanwhile, Brazil, Russia, and South Africa are developing a use of capsule endoscopy, mainly in tertiary hospitals and research settings. The region’s collective focus on improving gastrointestinal (GI) disease management and promoting early diagnosis is gradually supporting the uptake of advanced diagnostic tools. Accompanying this development is an increasing amount of cooperation in technology transfer, and joint R&D partnerships across the region towards developing stronger overall diagnostic ecosystems within each country. Overall, this approach will likely promote local diagnostic device manufacturing, reduce reliance on imported technologies, and foster long, sustainable market growth across multiple emerging economies in the upcoming years.

BRICS Capsule Endoscopes Market Strategic Insights
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BRICS Capsule Endoscopes Market Segmentation Analysis

                                                 

Key segments that contributed to the derivation of the capsule endoscopes market analysis are product type, application, and end user.

  • By product type, the capsule endoscopes market is segmented into small bowel capsule and colon capsule. The small bowel capsule segment dominated the market in 2024.
  • By application, the capsule endoscopes market is segmented into obscure gastrointestinal bleeding, Crohn's disease, tumor, celiac disease and others. The obscure gastrointestinal bleeding segment dominated the market in 2024.
  • By end user, the market is segmented into hospitals, specialty clinics, diagnostic centers and others. The hospitals segment held the largest share of the market in 2024.

BRICS Capsule Endoscopes Market Outlook

Capsule endoscopy, in the BRICS countries, is gaining more traction as it becomes a more patient-friendlier, less invasive alternative to endoscopy. The rise in gastrointestinal disorders such as ulcers, Crohn’s disease and bleeding from the intestines also helps drive demand. Governments and other organizations have begun to endorse training programs and local pilot projects, which are increasing clinical exposure and comfort with this technology. Local manufacturing, especially in China and India, is helping to mitigate some of the costs, although affordability remains a barrier for adoption. While rural communities remain underserved, heightened awareness and an ongoing commitment to disease recognition are gradually facilitating market growth. As healthcare infrastructure improves, the continued integration of capsule endoscopy will contribute to the comprehensive approach used to aid in diagnosis in the BRICS countries.

BRICS Capsule Endoscopes Market Country Insights

Based on country, the BRICS capsule endoscopes market is segmented into Russia, Brazil, South Africa, India, China, Egypt, Indonesia, Saudi Arabia, and the UAE. China held the largest share in 2024.

China is the leader in the BRICS capsule endoscopy market. The larger population of the country, the expansion of private hospitals within the country, as well as ongoing healthcare reform, make it the most attractive market in the region. Hospitals in cities such as Beijing, Shanghai, and Guangzhou, have adopted capsule endoscopy not only for patient comfort but also for efficiency of diagnosis. The local manufacturing of the devices has ensured these are more available while Government support for innovation in medical technology has catalyzed investment. Training programs for doctors, along with piloting with tertiary hospitals, has built confidence to use the technology. The adoption of capsule endoscopy in rural areas is still low; however, mobile health programs are beginning to reach patients in smaller cities. China's leadership in the market will set the developments expected within all other countries and should drive future regional growth for the foreseeable future.

BRICS Capsule Endoscopes Market Report Highlights
Report Attribute Details
Market size in 2024 US$ 148.4 Million
Market Size by 2031 US$ 298.6 Million
CAGR (2025 - 2031) 10.5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Product Type
  • Small Bowel Capsule
  • Colon Capsule
By Application
  • Obscure Gastrointestinal Bleeding
  • Crohn\'s disease
  • Tumor
  • Celiac Disease
  • Other
By End User
  • Hospitals
  • Specialty Clinics
  • Diagnostic Centers
  • Others
Regions and Countries Covered
BRICS Russia, Brazil, South Africa, India, China, Egypt, Indonesia, Saudi Arabia, United Arab Emirates
Market leaders and key company profiles
  • Medtronic
  • Olympus Corporation
  • CapsoVision, Inc.
  • BioCam
  • Shangxian Minimal Invasive Inc
  • AnX Robotics
  • JINSHAN Science & Technology
  • RF Co., Ltd.
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BRICS Capsule Endoscopes Market Company Profiles

Medtronic, Olympus Corporation, CapsoVision, Inc., BioCam, Shangxian Minimal Invasive Inc., AnX Robotics, JINSHAN Science & Technology and RF Co., Ltd. are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.

BRICS Capsule Endoscopes Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

  • Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

  • Company websites, annual reports, financial statements, broker analyses, and investor presentations
  • Industry trade journals and other relevant publications
  • Government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.

  • Primary Research

Business Market Insights conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:

  • Refine findings from secondary research
  • Enhance the expertise and market understanding of the analysis team
  • Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:

  • Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
  • External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise
BRICS Capsule Endoscopes Market Country and Regional Insights
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BRICS Capsule Endoscopes Key Sources Referred:

  • The World Bank
  • World Health Organization (WHO)
  • Center for Disease Control and Prevention (CDC)
  • American Society for Gastrointestinal Endoscopy
  • European Society of Gastrointestinal Endoscopy
  • World Endoscopy Organization
  • Society of American Gastrointestinal and Endoscopic Surgeons
  • Global Cancer Observatory
  • Company website
  • Company annual reports
  • Company investor presentations
The List of Companies - BRICS Capsule Endoscopes Market
  • Medtronic  
  • Olympus Corporation 
  • CapsoVision, Inc. 
  • BioCam 
  • Shangxian Minimal Invasive Inc 
  • AnX Robotics 
  • JINSHAN Science & Technology 
  • RF Co., Ltd.
Frequently Asked Questions
How big is the BRICS Capsule Endoscopes Market?

The BRICS Capsule Endoscopes Market is valued at US$ 148.4 Million in 2024, it is projected to reach US$ 298.6 Million by 2031.

What is the CAGR for BRICS Capsule Endoscopes Market by (2025 - 2031)?

As per our report BRICS Capsule Endoscopes Market, the market size is valued at US$ 148.4 Million in 2024, projecting it to reach US$ 298.6 Million by 2031. This translates to a CAGR of approximately 10.5% during the forecast period.

What segments are covered in this report?

The BRICS Capsule Endoscopes Market report typically cover these key segments-

  • Product Type (Small Bowel Capsule, Colon Capsule)
  • Application (Obscure Gastrointestinal Bleeding, Crohn\'s disease, Tumor, Celiac Disease, Other)
  • End User (Hospitals, Specialty Clinics, Diagnostic Centers, Others)

What is the historic period, base year, and forecast period taken for BRICS Capsule Endoscopes Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the BRICS Capsule Endoscopes Market report:

  • Historic Period : 2021-2023
  • Base Year : 2024
  • Forecast Period : 2025-2031
  • Who are the major players in BRICS Capsule Endoscopes Market?

    The BRICS Capsule Endoscopes Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Medtronic
  • Olympus Corporation
  • CapsoVision, Inc.
  • BioCam
  • Shangxian Minimal Invasive Inc
  • AnX Robotics
  • JINSHAN Science & Technology
  • RF Co., Ltd.
  • Who should buy this report?

    The BRICS Capsule Endoscopes Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the BRICS Capsule Endoscopes Market value chain can benefit from the information contained in a comprehensive market report.

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