The capsule endoscopy market has shown significant growth in recent years due to the increased prevalence of gastrointestinal disorders and the growing preference for non-invasive diagnostic procedures, according to a recent market report.
1. The capsule endoscopy market is projected to grow from $690 million in 2024 to $760 million in 2025, with a compound annual growth rate of 11.14%
2. By 2029, the market is projected to grow to $1.15 billion by 2029, hitting a CAGR of 10.88%
3. Expected growth during this period is tied to an increase in the use of telemedicine services and mobile health solutions, a growing preference for outpatient procedures and the demand for early diagnosis.
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