NEW YORK, Sept. 10, 2021 /PRNewswire/ — The “Medical Devices Market in Japan by Product, Application, and End-user – Forecast and Analysis 2020-2024“ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for medical devices market in Japan between 2020 and 2024 is USD 6.65 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, View Report Snapshot Right Here!
Key Market Dynamics:
- Market Driver
- Market Challenges
The growing aging population and the prevalence of age-related disorders are identified as major factors that will drive medical devices market growth. In addition, the continuous demand for advanced technologies is one of the key medical devices market trends in Japan that will gain traction over the forecast period. However, intense competition among domestic and foreign medical device manufacturers will challenge the growth of the market.
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The medical devices market in Japan report is segmented by product (medical and diagnostic equipment, consumables and supplies, and implants), application (orthopedic, cardiovascular, oncology, dental, gynecology and urology, ophthalmology, dermatology, and others), and end-user (hospitals, diagnostic laboratories, and ASCs). The orthopedic application segment was the largest market share contributing segment of this market in 2019. In terms of product, the medical and diagnostic equipment segment will account for 38% of the overall market’s growth during the forecast period.
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- Baxter International Inc.
- Becton, Dickinson, and Co.
- F. Hoffmann-La Roche Ltd.
- General Electric Co.
- Hitachi Ltd.
- To Gain Access about more Vendor Profiles with their Key Offerings available with Technavio, Click Here
Related Reports on Health Care Include:
Diagnostic Wearable Medical Devices Market by Device, Application, and Geography – Forecast and Analysis 2021-2025
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by Product
- Customer landscape
- Vendor Landscape
- Vendor Analysis
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