Japan Operating Room Equipment Market Size & Outlook
Japan operating room equipment market, 2018-2030 (US$M)
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Japan operating room equipment market highlights
- The Japan operating room equipment market generated a revenue of USD 4,167.2 million in 2023 and is expected to reach USD 7,159.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, anaesthesia was the largest revenue generating product in 2023.
- Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Operating room equipment market data book summary
| Market revenue in 2023 | USD 4,167.2 million |
| Market revenue in 2030 | USD 7,159.4 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Anaesthesia |
| Fastest growing segment | Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anaesthesia, Endoscopes, Electro Surgical Devices, Surgical Imaging, OR Tables, OR Lights, Patient Monitoring |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Getinge AB ADR, Stryker Corp, Siemens Healthineers AG ADR, GE HealthCare Technologies Inc Common Stock, Steris PLC, Skytron, Draegerwerk AG & Co KGaA, Baxter International Inc |
Other key industry trends
- In terms of revenue, Japan accounted for 9.1% of the global operating room equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan operating room equipment market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,159.4 million by 2030.
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Operating Room Equipment Market Scope
Operating Room Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan operating room equipment 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 operating room equipment market will help companies and investors design strategic landscapes.
Anaesthesia was the largest segment with a revenue share of 29.74% in 2023. Horizon Databook has segmented the Japan operating room equipment market based on anaesthesia, endoscopes, electro surgical devices, surgical imaging, or tables, or lights, patient monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one the large medical markets and provides lucrative opportunities for foreign manufacturers of medical devices and pharmaceuticals to cater to the Japanese market. The prime factor for increasing demand of medical care is the rapid aging of the population in Japan. The medical costs in Japan are upsurging and hence there is a growing demand for new medical equipment and improved healthcare services.
Estimates are that approximately 40% of Japanese population would be aged 65 years and above by the year 2025. The aging populations is more prone to suffer from various diseases and disorders and continues to increase the demand for advanced medical technologies.
Japan is also gaining popularity as a destination for medical tourism. The government focuses to boost medical tourism and acceptance of foreign tourists at hospitals and clinics in Japan. This is further expected to boost the market growth.
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Our clientele includes a mix of operating room equipment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan operating room equipment market , including forecasts for subscribers. This country databook contains high-level insights into Japan operating room equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan operating room equipment market size, by product, 2018-2030 (US$M)
Japan Operating Room Equipment Market Outlook Share, 2023 & 2030 (US$M)
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