Large-Joint Reconstructive Implants | Market Insights | Japan | 2024
The impact of COVID-19 pandemic was significant on the Japanese large-joint reconstructive implant market, limiting hip and knee replacement procedures and unit sales. Following which, favorable demographic factors and other market drivers have pushed growth in large-joint reconstructive procedure volumes; however, downward pricing pressures driven by biennial MHLW reimbursement cuts will partially offset the impact of procedural expansion on overall market revenues. Notably, significant changes in hip implant device pricing have been incorporated to align with the evolving market dynamics and reflect the changes in the overall segment market value.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for large-joint reconstructive implants in Japan from 2019 through 2032.