The endoscopes market in Japan is expected to reach a projected revenue of US$ 2,605.0 million by 2030. A compound annual growth rate of 5.3% is expected of Japan endoscopes market from 2024 to 2030.
In terms of revenue, Japan accounted for 7.4% of the global endoscopes market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China endoscopes 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 615.1 million by 2030.
The growing geriatric population, high prevalence of chronic diseases, and consistent product advancements are some factors expected to drive the demand for endoscopy procedures. For instance, in September 2022, Olympus Corporation launched VISERA Elite III, an advanced surgical visualization platform for various endoscopic applications.
In addition, increasing demand for early diagnosis and treatment of diseases is expected to boost the market. On the basis of statistics provided by the Ministry of Health, Labor and Welfare of Japan, stomach cancer deaths have significantly reduced over the past 30 years due to early detection using endoscopes.
Furthermore, the outbreak of bacterial infections resulting from the use of contaminated endoscopes is a significant concern for health authorities in Japan. The growing awareness among healthcare practitioners about the incidence and transmission of infections through endoscopy is expected to drive the demand for disposable endoscopes.
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 Endoscopes Market Outlook will help companies and investors design strategic landscapes.
Endoscopes was the largest segment with a revenue share of 107.06% in 2023.
Horizon Databook has segmented the Japan endoscopes market based on endoscopes covering the revenue growth of each sub-segment from 2018 to 2030.
The growing geriatric population, high prevalence of chronic diseases, and consistent product advancements are some factors expected to drive the demand for endoscopy procedures. For instance, in September 2022, Olympus Corporation launched VISERA Elite III, an advanced surgical visualization platform for various endoscopic applications.
In addition, increasing demand for early diagnosis and treatment of diseases is expected to boost the market. On the basis of statistics provided by the Ministry of Health, Labor and Welfare of Japan, stomach cancer deaths have significantly reduced over the past 30 years due to early detection using endoscopes.
Furthermore, the outbreak of bacterial infections resulting from the use of contaminated endoscopes is a significant concern for health authorities in Japan. The growing awareness among healthcare practitioners about the incidence and transmission of infections through endoscopy is expected to drive the demand for disposable endoscopes.
Japan Endoscopes Market Product Outlook (Revenue, USD Million , 2018-2030)
Endoscopes
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Endoscopes Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Endoscopes Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.