Japan General Surgical Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Japan General Surgical Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Japan General Surgical Devices Market is expected to register a CAGR of 4.5% during the forecast period.

COVID-19 pandemic had a substantial impact on patients with any diseases, general surgical devices market was also affected. The volume of surgeries has significantly declined during the pandemic, owing to the stringent guidelines by the regulatory authorities to avoid all non-emergent surgeries. As per an article published in PubMed titled ‘The impact of COVID-19 on surgical procedures in Japan: analysis of data from the National Clinical Database’ in November 2021, the rate of decline in surgery was at most 10–15% although the numbers of most oncological and cardiovascular procedures decreased in 2020.

Another article published in Science Direct titled ‘Impact of COVID-19 pandemic on oral and maxillofacial surgery in Japan: A report from a questionnaire survey during the different phases of the pandemic’ in June 2021 stated that ten hospitals had restricted their clinical activities for 1–2 months, which was the commonest duration of restrictions overall. In the first wave, the percentage of activities (patient volume) was less than 90% compared to 2019 but varied widely; however, more than half of the participating institutions (58%) recovered to more than 90% activity compared to 2019. Thus, the COVID-19 outbreak had a negetive impact on general surgical devices market. Also, the general surgical devices market is expected to grow due to the significant increase in the number of injuries and accidents.

Further, owing to the factors such as rising demand for minimally invasive devices and increasing geriatric population are among the major factors driving the growth of the studied market.

The growing burden of diseases chronic diseases along with the rising geriatric population in Japan is likely to lead to increased demand for medical devices. Japan has the world’s fastest aging population. Accroding to a report published by European Parliamentary Research Service in December 2020 Japan is aging fast. Its'super-aged' society is the oldest in the world: 28.7 % of the population are 65 or older, with women forming the majority. The country is also home to a record 80,000 centenarians. By 2036, people aged 65 and over will represent a third of the population who are more prone to chronic diseases such as cardiovascul,ar diseases, neurological disorders, and other diseases which ultimately rises surgical procedures an drives market growth in the near future. Thus, owing to above-mentioned factors increase demand is expected for surgical devices during the forecast period.

Key Market TrendsHandheld Devices is Expected to Witness Significant Growth Over the Forecast Period

In Japan with the rising number of surgeries leading to an increased use of handheld surgical. The development of advanced devices, like robotic hand-held surgical devices for laparoscopic interventions, enhances a surgeon’s dexterity. Needle holders are very similar in shape to hemostats, featuring jaws, and handles. Needle holders allow the needle to be locked into place for suturing, in a variety of tissue types. The market is growing, due to the rise in minimally invasive surgical procedures and an increase in outpatient surgeries.

According to an article published in Science Direct titled 'Projected numbers of the knee and hip arthroplasties up to the year 2030 in Japan' in September 2021 the numbers of the knee and hip arthroplasties are expected to continue to increase over the next 10 years in Japan in most age groups. The numbers of each arthroplasty were projected to increase to 2030 in most subgroups, except for knee arthroplasties in women aged 65–74 years. The projected number of hip arthroplasties in 2030 for men and women were 9005 and 37,011, respectively, which translates into respective increases of 147% and 126% compared with 2018. Therefore the growing number of knee and hip surgeries is expected to increase the demand for handheld devices during the forecast period.

Furthermore, continuous product launch and approval in Japan will boost the surgical devices market. For instance, in Februrary 2022, Smith & Nephew announced the commercial launch of its next generation handheld robotics platform, the CORI Surgical System, in Japan. The CORI Surgical System is designed to augment the surgical experience for high accuracy 1-4 and improved outcomes in knee arthroplasty. Thus , rise in minimally invasive surgical procedures, continuous product launch and approval will boost the demand for handheld devices during forecasted years.

Competitive Landscape

The Japan General Surgical Devices Market is fragmented because of the presence of many large, medium, and small players. Some of the major players of the market are B. Braun Melsungen AG, Boston Scientific Corporation, Conmed Corporation, Medtronic Plc and Johnson & Johnson are among others.

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