In 2023, GlobalData’s Market Model methodology determined that the leading player in the capsule endoscopes market in Taiwan was Medtronic and Olympus.
A Capsule Endoscope is comprised of four Light Emitting Diodes (LEDs), a color camera chip, a lens, a radio frequency transmitter, two batteries, and an antenna. The capsule is enclosed in a biocompatible material to prevent it’s reaction with the digestive fluids. The Capsule Endoscope is a single-use device which moves into the gastrointestinal tract by peristalsis and is excreted naturally.
The value of the capsule endoscopes devices market within Taiwan was expected to be over $0.5m in 2023.
For the latest complete market share analysis of capsule endoscopes device market in Taiwan, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
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- Source: https://www.medicaldevice-network.com/data-insights/market-share-analysis-capsule-endoscopes-taiwan/