Core Insights - The capsule endoscope, also known as the "intelligent capsule digestive endoscope system," offers a non-invasive, painless, and convenient method for gastrointestinal examinations, particularly for small intestine diseases, overcoming limitations of traditional endoscopy [1][4]. Industry Overview - The global capsule endoscope market is projected to reach approximately $444 million in 2024, with hospitals being the primary application setting, accounting for 55.3% of the market [5]. - The small intestine capsule endoscope dominates the market, expected to reach $260 million in 2024, representing 58.6% of the market share, followed by the colon capsule at 34.3% [5]. - North America, Europe, and Asia-Pacific are the main markets for capsule endoscopes, with North America leading at $194 million, accounting for 43.6% of the market [5][6]. Market Dynamics in China - The Chinese capsule endoscope market is estimated to be around $2.7 million (0.37 million) in 2024, representing 8.4% of the global market [9]. - The first domestic capsule endoscope was developed in 2004, and the market has seen continuous innovation and expansion of clinical applications over the past 20 years [9][10]. - The increasing incidence of gastrointestinal cancers in China, such as colorectal and gastric cancers, has created significant demand for capsule endoscopes as a key diagnostic tool [7][8]. Competitive Landscape - The capsule endoscope market in China features a diverse competitive landscape, with both domestic companies (e.g., Anhan Technology, Jingshan Technology) and multinational corporations (e.g., Medtronic, Olympus) participating [10][11]. - Domestic companies have gained a competitive edge through a better understanding of the local market, more competitive pricing, and ongoing technological innovation [11]. Future Trends - The capsule endoscope industry is expected to continue growing due to increasing awareness of early cancer screening, an aging population, and expanding applications in other medical fields [13]. - The integration of AI technology is anticipated to enhance the accuracy and efficiency of clinical diagnoses, with significant potential for improving image analysis and disease detection [14]. - Continuous advancements in imaging technology are expected to improve the performance of capsule endoscopes, leading to clearer images and broader applications [15].

何谓内窥镜？ 内窥镜，英文是Endosope。 可形象理解为，对内部的视野进行检查。内窥镜最早发源自医学，但它的应用早就扩展到工业领域。本文以医学临床上使用的内窥镜为研究对象。 行业研究是投资的源动力。元禾控股推出"元动力"系列行研分享，编辑部据此推出《元动力》行业研究专栏，旨在交流行业研究成果，分析行业发展趋 势，探讨未来投资方向。 本期《元动力》行业研究专栏聚焦内窥镜行业研究及投资机会，分享者是元禾控股医疗健康投资部高级投资经理郭淇，将从内窥镜的介绍、市场情况、代 表性企业与内窥镜进化的新形态等维度展开。 医用内窥镜是集光学、人体工程学、精密机械、现代电子、图像处理软件等为一体的医疗设备，它能够在微创的前提下，为医生提供所需的人体内部结构 解剖图像。 作为一种医用成像器械，医用内窥镜是在诊疗过程中提供通道、照明并可以对体腔、中空器官和身体管道进行观察或操作的医疗光学装置。它可以通过人 体自然腔道或经较小的手术切口进入体内，帮助医生进行观察、诊断、治疗。 内窥镜的分类 内窥镜有不同的分类方式，最普遍的一种分类方式是按照镜体的硬度进行分类，分为软镜和硬镜。 硬镜和软镜在外观形态、内部结构、应用领域、清洗消毒流 ...