Large-Joint Reconstructive Implants | Market Insights | Japan | 2021
The COVID-19 pandemic has significantly impacted the Japanese large-joint reconstructive implant market, as hip and knee replacement procedures are delayed and unit sales decline. While the crisis will significantly impact the market in the short-term, other factors will continue to drive market growth. Through 2029, the Japanese market for large-joint reconstructive implants will grow modestly, with favorable demographic factors supporting procedure volumes. However, downward pricing pressures driven by falling biennial MHLW reimbursement cuts and price competition will partially offset the impact of procedural expansion on overall market revenues.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for large-joint reconstructive implants in Japan across a 10-year period.