Japan minimally invasive surgical (MIS) instruments market is expected to grow at a CAGR of around 8.2% during the forecast period. Increasing joint replacement procedures is primarily contributing to the market growth in the country. The total hip arthroplasty procedures performed during the period (April 2016-March 2017) was 17,507. The total number of arthroplasty procedures performed during the period (April 2015-March 2016) was 31,801, of which THA, TKA/UKA and reverse TSA includes 16,143, 14,603 and 1,055 respectively. It represents a significant rise of 16.3% in arthroplasty procedures from the period April 2015-March 2016 to April 2016-March 2017. A considerable rise in ageing population is one of the major factors for the growth of arthroplasty procedures in the country. According to UN report on world population ageing, Japan is home to the world’s highly aged population, accounted for 33% of persons aged 60 and above in 2015. Japan has been followed by Italy, Germany and Finland, with 29%, 28% and 27% respectively. This leads to the adoption of minimally invasive procedures for orthopedic, cardiac, and other disorders. 

The major players operating in the market include Abbott Laboratories, Inc., Fujifilm Holdings Corp., Johnson & Johnson Services, Inc., and Medtronic plc. The players are adopting crucial strategies to expand market share and gain a competitive advantage in the market. For instance, in April 2018, Fujifilm Corporation introduced new surgical visualization systems for marking its entry to the rising minimally invasive surgery market in the US. It is planning to broaden the minimally invasive tools which can lead the path for the development of next generation products intended to manage more complex surgeries. The new surgical visualization systems include FUJIFILM Ultra-Slim Video Laparoscope System and FUJIFILM Full High Definition Surgical Visualization System.

Research Methodology

The market study of the Japan minimally invasive surgical instruments market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Japan Minimally Invasive Surgical Instruments Market Research and Analysis by Product
2. Japan Minimally Invasive Surgical Instruments Market Research and Analysis by Technology
3. Japan Minimally Invasive Surgical Instruments Market Research and Analysis by Application

The Report covers:

• Comprehensive research methodology of the Japan minimally invasive surgical instruments market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Japan minimally invasive surgical instruments market.
• Insights about market determinants which are stimulating the Japan minimally invasive surgical instruments market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.