Japan Structural Heart Devices Market Size & Outlook
Japan structural heart devices market, 2018-2030 (US$M)
Related Markets
Japan structural heart devices market highlights
- The Japan structural heart devices market generated a revenue of USD 734.5 million in 2023 and is expected to reach USD 2,142.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 16.5% from 2024 to 2030.
- In terms of segment, tavr (transcatheter aortic valve replacement) was the largest revenue generating type in 2023.
- LAAC (Left Atrial Appendage Closure) is the most lucrative type segment registering the fastest growth during the forecast period.
Structural heart devices market data book summary
| Market revenue in 2023 | USD 734.5 million |
| Market revenue in 2030 | USD 2,142.7 million |
| Growth rate | 16.5% (CAGR from 2023 to 2030) |
| Largest segment | Tavr (transcatheter aortic valve replacement) |
| Fastest growing segment | LAAC (Left Atrial Appendage Closure) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | SAVR (Surgical Aortic Valve Replacement), TAVR (Transcatheter Aortic Valve Replacement), Mitral Repair (Annuloplasty), LAAC (Left Atrial Appendage Closure) |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Edwards Lifesciences Corp, Abbott Laboratories, St. Jude Medical, LivaNova PLC, Stryker Corp, Lepu Medical, Biomerics, CardioKinetix |
Other key industry trends
- In terms of revenue, Japan accounted for 5.2% of the global structural heart 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 structural heart devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,712.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Structural Heart Devices Market Scope
Structural Heart Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan structural heart 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 structural heart devices market will help companies and investors design strategic landscapes.
Tavr (transcatheter aortic valve replacement) was the largest segment with a revenue share of 64.33% in 2023. Horizon Databook has segmented the Japan structural heart devices market based on savr (surgical aortic valve replacement), tavr (transcatheter aortic valve replacement), mitral repair (annuloplasty), laac (left atrial appendage closure) covering the revenue growth of each sub-segment from 2018 to 2030.
The burgeoning aging population and the escalating incidence of CVDs stand out as pivotal drivers propelling the structural heart devices market forward. With these health challenges on the rise, the demand for cutting-edge medical technologies becomes imperative for effective treatment.
Among the transformative advancements, TAVR and Transcatheter Mitral Valve Repair (TMVR) have emerged as game-changers, supplanting traditional open-heart surgical procedures. This shift toward minimally invasive interventions is buoyed by heightened patient awareness regarding therapeutic alternatives, fostering a steady surge in demand for these procedures.
Unlike many of its Asian counterparts, where the exorbitant costs of TAVR devices pose formidable barriers, Japan sets a striking example with its inclusive insurance coverage encompassing all treatment expenses, including those associated with TAVR procedures.
Reasons to subscribe to Japan structural heart devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Japan structural heart devices market databook
-
Our clientele includes a mix of structural heart devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan structural heart devices market , including forecasts for subscribers. This country databook contains high-level insights into Japan structural heart devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Japan structural heart devices market size, by type, 2018-2030 (US$M)
Japan Structural Heart Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
