Japan Surgical Equipment Market Size & Outlook, 2023-2030
Japan surgical equipment market, 2018-2030 (US$M)
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Japan surgical equipment market highlights
- The Japan surgical equipment market generated a revenue of USD 883.3 million in 2023 and is expected to reach USD 1,821.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, surgical sutures & staplers was the largest revenue generating product in 2023.
- Electrosurgical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical equipment market data book summary
| Market revenue in 2023 | USD 883.3 million |
| Market revenue in 2030 | USD 1,821.6 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Surgical sutures & staplers |
| Fastest growing segment | Electrosurgical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Sutures & Staplers, Handheld Surgical Devices, Electrosurgical Devices |
| Key market players worldwide | Johnson & Johnson, Zimmer Biomet Holdings Inc, B. Braun, Smith & Nephew PLC, Stryker Corp, Aspen Group Inc, Medtronic PLC, BD |
Other key industry trends
- In terms of revenue, Japan accounted for 5.2% of the global surgical equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China surgical equipment 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 1,921.1 million by 2030.
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Surgical Equipment Market Scope
Surgical Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan surgical 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 surgical equipment market will help companies and investors design strategic landscapes.
Surgical sutures & staplers was the largest segment with a revenue share of 44.83% in 2023. Horizon Databook has segmented the Japan surgical equipment market based on surgical sutures & staplers, handheld surgical devices, electrosurgical devices covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth in Japan can be attributed to the rising focus of industry participants on the Japan market. Manufacturers operating in the region are undertaking initiatives to increase the visibility of their products.
Such initiatives help increase the awareness about surgical instruments available in the market. In addition, the rising prevalence of chronic conditions such as cardiovascular diseases is anticipated to drive the country’s market growth.
Numerous surgical equipment, such as clamps, forceps, and retractors, are used in cardiac surgeries & procedures. Thus, the prevalence of cardiovascular disease across the country is anticipated to drive the demand for surgical equipment.
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Target buyers of Japan surgical equipment market databook
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Our clientele includes a mix of surgical equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 surgical equipment market , including forecasts for subscribers. This country databook contains high-level insights into Japan surgical equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan surgical equipment market size, by product, 2018-2030 (US$M)
Japan Surgical Equipment Market Outlook Share, 2023 & 2030 (US$M)
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