Japan Minimally Invasive Surgical Instruments Market Size & Outlook
Japan minimally invasive surgical instruments market, 2018-2030 (US$M)
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Japan minimally invasive surgical instruments market highlights
- The Japan minimally invasive surgical instruments market generated a revenue of USD 1,795.4 million in 2023 and is expected to reach USD 3,716.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 11% from 2024 to 2030.
- In terms of segment, handheld instruments was the largest revenue generating type in 2023.
- Electrosurgical Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Minimally invasive surgical instruments market data book summary
| Market revenue in 2023 | USD 1,795.4 million |
| Market revenue in 2030 | USD 3,716.4 million |
| Growth rate | 11% (CAGR from 2023 to 2030) |
| Largest segment | Handheld instruments |
| Fastest growing segment | Electrosurgical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handheld Instruments, Inflation Devices, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Devices, Monitoring & Visualization Devices |
| Key market players worldwide | Medtronic PLC, Siemens Healthineers AG ADR, Johnson & Johnson, GE HealthCare Technologies Inc Common Stock, Abbott Laboratories, Intuitive Surgical Inc, Zimmer Biomet Holdings Inc |
Other key industry trends
- In terms of revenue, Japan accounted for 5.7% of the global minimally invasive surgical instruments market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan minimally invasive surgical instruments 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 1,116.4 million by 2030.
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Minimally Invasive Surgical Instruments Market Scope
Minimally Invasive Surgical Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan minimally invasive surgical instruments 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 minimally invasive surgical instruments market will help companies and investors design strategic landscapes.
Handheld instruments was the largest segment with a revenue share of 22.12% in 2023. Horizon Databook has segmented the Japan minimally invasive surgical instruments market based on handheld instruments, inflation devices, cutter instruments, guiding devices, electrosurgical devices, auxiliary devices, monitoring & visualization devices covering the revenue growth of each sub-segment from 2018 to 2030.
With increasing healthcare expenditure, minimally invasive surgical instruments market is expected to grow rapidly in Japan over the forecast period. With high health expenditure, Japan’s healthcare system is witnessing a transition, expanding the service portfolio from preventive care to nursing care in disease management.
High number of cosmetic surgeries being performed in the country is estimated to increase the adoption of minimally invasive surgical instruments. Furthermore, as per International Society of Aesthetic Plastic Surgery, around 729,600 cosmetic surgical procedures were performed in 2021.
This indicates high demand for minimally invasive surgical instruments market. These factors are anticipated to aid market growth during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan minimally invasive surgical instruments market , including forecasts for subscribers. This country databook contains high-level insights into Japan minimally invasive surgical instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan minimally invasive surgical instruments market size, by type, 2018-2030 (US$M)
Japan Minimally Invasive Surgical Instruments Market Outlook Share, 2023 & 2030 (US$M)
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