Laparoscopic Devices | Market Insights | Japan | 2021
The COVID-19 pandemic will have a significant impact on the Japanese laparoscopic device market. Once the market stabilizes, however, it will expand moderately through 2029, driven by an expanding patient base and growth in laparoscopic procedure volumes. Market expansion will be driven by increasing adoption of advanced premium-priced technologies including direct energy devices, powered staplers, and 4k video laparoscopes; however, limited reimbursement, particularly for low-risk disposable devices, will hinder the overall market to some extent. A set of factors such as an aging population, increased prevalence of diseases and conditions such as obesity, and also increasing demand for minimally invasive procedures also influence the market.
