Market Trends of Japan Endoscopy Devices Industry
This section covers the major market trends shaping the Japan Endoscopy Devices Market according to our research experts:
Gynecology segment is Estimated to Witness a Healthy Growth in Future
Endoscopy devices in gynecology are estimated to witness healthy growth in the future. The high growth of the gynecology segment is attributed to the high demand for gynecologic laparoscopic procedures and minimally-invasive procedures. A pelvic laparoscopy can examine the uterus, ovaries, and fallopian tubes. These devices are also used for fibroids removal, uterus, ovarian cysts, lymph nodes, an ectopic pregnancy, and detection of cancer of the ovary, uterus, and cervix.
As per an NCBI article published in 2021, more than 10,000 women in Japan suffer from ovarian cancer annually. Therefore, with the rising burden of gynecologic cancer and the rising demand for these devices, the market is expected to witness rapid growth over the forecast period.
Moreover, as per the Springer study article published in August 2022, the combination of Caparo/endoscopic and posterior sagittal approach ensured a tumor-free macroscopic surgical margin with easier, cosmetically pleasing vaginal reconstruction while preserving the anorectal and urinary functions. The study believed this approach could be utilized not only for vaginal yolk sac tumors (YST) but also for any vaginal tumor, especially those arising from the posterior or lateral wall. Thus, the various advantage of the endoscopic approach to cure gynecological cancer is expected to boost the growth of the market segment over the forecast period.
Thus, owing to the above-mentioned factors, such as rising gynecological disorders and the effectiveness of endoscopy in various gynecological, the studied segment is expected to grow during the forecast period.
Cardiology is Expected to Hold a Notable Market Share Over the Forecast Period
Cardiopulmonary endoscopy is simple, safe, and effective in examining the cardiac chambers and the pulmonary arterial system. It can be performed with a sterilized flexible fibreoptic endoscope. It facilitates pulmonary embolectomy and precludes procedures and maneuvers that can cause serious complications.
The growing prevalence of various cardiovascular disorders, the rising geriatric population in Japan, and the increasing demand for endoscopy devices. For instance, according to the National Cerebral and Cardiovascular Center, Japan, in December 2021, the number of heart failure patients in Japan in 2020 was estimated to be approximately 1.2 million. In addition, according to the same source, the prevalence rate of cardiovascular diseases increases with age, and the number of heart failure patients is expected to increase further in Japan. Such a high prevalence of heart failure patients in Japan is anticipated to increase the demand for endoscopy procedures.
On the other hand, the increasing geriatric population, who are prone to develop various cardiovascular diseases leading to the demand for effective endoscopy procedures, is also expected to drive the growth of the market. For instance, in the JTC article published in September 2022, Japan's population aged over 75 years contributes to over 15% of the total population, and those over 65 years are 29.1% of the total population. Thus, the rising prevalence of various cardiovascular diseases and the rising geriatric population who are prone to develop cardiovascular diseases are expected to drive the demand for endoscopy procedures, thereby fueling the market growth in Japan over the forecast period.
