Japan MIS Instruments Market, Industry Trends, Size, Competitive Analysis and Forecast - 2019-2025

Japan minimally invasive surgical (MIS) instruments market is expected to grow at a CAGR of around 8.2% during the forecast period. Increasing joint replacement procedures is primarily contributing to the market growth in the country. The total hip arthroplasty procedures performed during the period (April 2016-March 2017) was 17,507. The total number of arthroplasty procedures performed during the period (April 2015-March 2016) was 31,801, of which THA, TKA/UKA and reverse TSA includes 16,143, 14,603 and 1,055 respectively.

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It represents a significant rise of 16.3% in arthroplasty procedures from the period April 2015-March 2016 to April 2016-March 2017. A considerable rise in ageing population is one of the major factors for the growth of arthroplasty procedures in the country. According to UN report on world population ageing, Japan is home to the world's highly aged population, accounted for 33% of persons aged 60 and above in 2015. Japan has been followed by Italy, Germany and Finland, with 29%, 28% and 27% respectively. This leads to the adoption of minimally invasive procedures for orthopedic, cardiac, and other disorders.
The major players operating in the market include Abbott Laboratories, Inc., Fujifilm Holdings Corp., Johnson & Johnson Services, Inc., and Medtronic plc.

The players are adopting crucial strategies to expand market share and gain a competitive advantage in the market. For instance, in April 2018, Fujifilm Corporation introduced new surgical visualization systems for marking its entry to the rising minimally invasive surgery market in the US. It is planning to broaden the minimally invasive tools which can lead the path for the development of next generation products intended to manage more complex surgeries. The new surgical visualization systems include FUJIFILM Ultra-Slim Video Laparoscope System and FUJIFILM Full High Definition Surgical Visualization System.

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Japan Minimally Invasive Surgical Instruments Market Segmentation

By Product
o Inflation Systems
o Cutter Instruments
o Guiding Devices
o Handheld Instruments
o Stents
o Sutures
o Monitoring and Visualization Equipment
o Robotic Assisted Surgical Systems

By Technology
o Endoscopy
o Laparoscopy
o Robot-Assisted Methods
o Arthroscopic Techniques
o Ablative Methods

By Application
o Cardiac Surgery
o Colorectal Surgery
o Dermatological Surgery
o ENT Surgery
o Gastrointestinal Surgery
o Gynecological Surgery
o Lung & Respiratory Care
o Neurosurgery
o Ophthalmology
o Orthopedics
o Others

Company Profiles
o Abbott Laboratories, Inc.
o Conavi Medical Inc.
o Edwards Lifesciences Corp.
o Johnson & Johnson Services, Inc.
o Medtronic plc
o NuMED, Inc.
o Stryker Corp.
o Teleflex, Inc.
o Terumo Medical Corp.
o Zimmer Biomet Holdings, Inc.

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