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Capsule endoscopy is a modern technique used to examine the gastrointestinal tract. Wireless capsule endoscopy is a novel breakthrough in the biomedical industry and is expected to drive the development of the next-generation medical devices in the field of endoscopy. It has a tiny wireless camera to capture pictures of the digestive tract of a patient. The camera is situated inside a vitamin-sized capsule and can be swallowed by the patient, which is used for the diagnosis and treatment of diseases of the upper gastrointestinal tract (stomach, esophagus, colon, and duodenum). Read more details at: http://www.bigmarketresearch.com/global-capsule-endoscopes-2015-2019-market
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The Asia-Pacific Capsule Endoscopes Devices Market is expected to grow at a CAGR of 14.5% from 2013 to 2018. The market is mainly driven by increasing prevalence/incidence of diseases requiring endoscopy procedures, encouraging endoscopy-related research, increasing adoption of technologically advanced techniques, and favorable reimbursement policies.
The North American Capsule Endoscopes Devices Market accounts for the largest share of the capsule endoscopy devices market globally. The market value was pegged at $495.4 million in 2012 and is expected to grow at a CAGR of 13.8% from 2013 to 2018.