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Japan Anesthesia Devices Market - Growth, Trends, and Forecasts (2020 - 2025)

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Japan Anesthesia Devices Market

Japan’s anesthesia devices market was estimated at USD 361.35 million in 2016 and is projected to reach USD 631.73 million by 2021 at a CAGR of 11.82% during the forecast period from 2016 to 2021.

Anesthesia devices are used in hospitals and ambulatory surgery centers by surgeons. The hospital segment is the largest end-user with a major share in the overall market.

Japan Anesthesia Devices Market-Market Dynamics

The report details several factors driving and restraining the market, some of which are listed below.

Drivers

  • Increasing number of surgeries
  • Development of new sedative & anesthetic drugs
  • Reduction in the cost of newly invented drugs
  • Decrease in the recovery time after surgery

Restraints

The increase in the side-effects of anesthesia drugs, lack of skilled anesthetists to administer the drugs and increasing adverse reactions of anesthesia drugs are some of the major constraints hindering the market growth.

The Japanese market for anesthesia devices can be segmented by procedure, device type and route of administration. The procedure segment includes general anesthesia, spinal anesthesia, interscalene block, IV regional anesthesia, local anesthesia, peripheral nerve block, and saddle block anesthesia. The devices type segment covers anesthesia machines, anesthesia monitors, anesthesia vaporizers, anesthetic masks and anesthetic accessories. Inhalation and injection are the two routes of administration.

Many players in this market are trying to expand their product portfolio in order to top the global market. While a few companies are entering the market by acquisitions, top companies are expanding their growth in this market by acquiring other companies. Some companies have adopted product innovation and new product launches as their key business strategy to ensure their dominance in this market.

Some of the key players in the market are:

  • Abbott
  • AstraZeneca
  • Baxter
  • Boehringer Ingelheim
  • Hospira
  • Novartis
  • Pfizer
  • Piramal
  • Roche

Key Deliverables in the Study

  • Market analysis for Japan’s anesthesia devices market, with region-specific assessments and competition analysis on the global and regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect Japan’s anesthesia devices market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions in which this industry is growing and to also identify the regions that are still untapped.

 

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