Japan Interventional Cardiology Devices Market Size & Outlook
Japan interventional cardiology devices market, 2018-2030 (US$M)
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Japan interventional cardiology devices market highlights
- The Japan interventional cardiology devices market generated a revenue of USD 467.3 million in 2023 and is expected to reach USD 824.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, coronary stents was the largest revenue generating product in 2023.
- Accessory Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Interventional cardiology devices market data book summary
| Market revenue in 2023 | USD 467.3 million |
| Market revenue in 2030 | USD 824.6 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Coronary stents |
| Fastest growing segment | Accessory Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Intravascular Imaging Catheters and Pressure Guidewires, Coronary Stents, PTCA Balloon Catheters, Accessory Devices |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC, Boston Scientific Corp, Koninklijke Philips NV, Cardinal Health Inc, Terumo Corp, Teleflex Inc, B. Braun, Biosensors, BIOTRONIK, Asahi Intecc Co Ltd, Cook Medical, Merit Medical Systems Inc, Haemonetics Corp, Vascular Solutions, Zeon Corp, Alvimedica, Meril Life, Medinol |
Other key industry trends
- In terms of revenue, Japan accounted for 4.7% of the global interventional cardiology devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China interventional cardiology devices market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 936.2 million by 2030.
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Interventional Cardiology Devices Market Scope
Interventional Cardiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan interventional cardiology 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 interventional cardiology devices market will help companies and investors design strategic landscapes.
Coronary stents was the largest segment with a revenue share of 50.33% in 2023. Horizon Databook has segmented the Japan interventional cardiology devices market based on intravascular imaging catheters and pressure guidewires, coronary stents, ptca balloon catheters, accessory devices covering the revenue growth of each sub-segment from 2018 to 2030.
Japan's market for interventional cardiology devices is experiencing notable growth, driven by several key factors. The country's aging population, coupled with the increasing prevalence of cardiovascular diseases, has impelled the demand for advanced medical technologies and treatments.
As a result, there has been a significant adoption of interventional cardiology procedures, such as PCI and angioplasty, across Japan. For instance, as reported in a study published by The Lancet in March 2022, annually over 200,000 PCI procedures are undertaken in Japan.
In Japan, the regulatory framework for interventional cardiology devices is overseen by the Pharmaceuticals and Medical Devices Agency (PMDA), which is responsible for evaluating and approving medical devices for safety & efficacy. The PMDA ensures that interventional cardiology devices meet rigorous standards before they can be marketed and used in Japan.
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Our clientele includes a mix of interventional cardiology devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan interventional cardiology devices market , including forecasts for subscribers. This country databook contains high-level insights into Japan interventional cardiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan interventional cardiology devices market size, by product, 2018-2030 (US$M)
Japan Interventional Cardiology Devices Market Outlook Share, 2023 & 2030 (US$M)
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