Japan Anastomosis Devices Market Size & Outlook, 2023-2030
Japan anastomosis devices market, 2018-2030 (US$M)
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Japan anastomosis devices market highlights
- The Japan anastomosis devices market generated a revenue of USD 173.6 million in 2023 and is expected to reach USD 256.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, disposable was the largest revenue generating product in 2023.
- Reusable is the most lucrative product segment registering the fastest growth during the forecast period.
Anastomosis devices market data book summary
| Market revenue in 2023 | USD 173.6 million |
| Market revenue in 2030 | USD 256.3 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Disposable |
| Fastest growing segment | Reusable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable, Reusable |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Getinge AB Class B, Baxter International Inc, Mizuho Financial Group Inc, Péters Surgical, Carponovum, Vascular Graft Solutions, Medline Industries, Seger Surgical Solutions |
Other key industry trends
- In terms of revenue, Japan accounted for 4.4% of the global anastomosis devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan anastomosis devices market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 70.1 million by 2030.
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Anastomosis Devices Market Scope
Anastomosis Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan anastomosis devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anastomosis devices market will help companies and investors design strategic landscapes.
Disposable was the largest segment with a revenue share of 88.19% in 2023. Horizon Databook has segmented the Japan anastomosis devices market based on disposable, reusable covering the revenue growth of each sub-segment from 2018 to 2030.
Among other countries, Japan held the largest revenue share of the Asia Pacific anastomosis devices market in 2016. Increase in healthcare expenditure coupled with rise in number of investments by manufacturers are growth-rendering drivers for Japan anastomosis devices market.
Prevalence of CVD and its risk factors is reported to be increasing due to presence of huge aging population in Japan. According to NCBI, the number of isolated CABG cases in Japan increased from 14,256 in 2011 to 16,462 in 2012, thereby highlighting the demand for anastomotic devices.
The medical device industry in Japan is significantly developed with the presence of advanced manufacturing facilities and technologies. Availability of advanced healthcare infrastructure, easy access to advanced products, and increase in demand for minimally invasive treatment are projected to drive the market in Japan.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan anastomosis devices market , including forecasts for subscribers. This country databook contains high-level insights into Japan anastomosis devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan anastomosis devices market size, by product, 2018-2030 (US$M)
Japan Anastomosis Devices Market Outlook Share, 2023 & 2030 (US$M)
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