Interventional Cardiology Devices – Market Insights – Japan

Despite the negative impact of the COVID-19 pandemic in the short term, the Japanese IC device market will grow minimally through 2031, driven by aging population and expanding CAD patient pool, the growing prevalence of complex lesions and the emergence of specialized premium-priced technologies to diagnose and treat these complex CADs—such as next-generation DES, BRS, and intravascular imaging catheters and pressure guidewires—supporting revenues. However, revenues will be hindered by eroding ASPs due to biennial reimbursement cuts by the MHLW over the forecast period, particularly in the mature PTCA balloon catheter and coronary stent segments, resulting in overall market contraction over the forecast period.

This Medtech 360 Report provides comprehensive data and analysis on the state of the market for IC devices in Japan, with market projections from 2019 through 2031.

A number of flagship devices were launched in recent years in the highly competitive DES market.

How have market dynamics changed between the three major competitors recently?

What competitive strategies are the major companies implementing to gain market share in this market?

What is the developmental pipeline for the next generation of BRS?

Emerging technologies designed to diagnose and treat complex PCIs will influence the IC diagnostic landscape in Japan.

How has the adoption of coronary lithotripsy in the Japanese IC market post its recent approval in the country?

How will the adoption of alternative coronary physiology modalities such as resting indices, angiography-based FFR, and noninvasive FFRCT alter patient and procedure compositions in cardiac catheterization labs? 

How will the emergence of alternative FFR modalities affect the FFR pressure guidewire market?

Biennial MHLW reimbursement cuts will continue to negatively affect the market values of the Japanese IC device segments.

What are the changes and impact of the latest update in the MHLW reimbursement cuts? What is the degree of impact to a particular market of these price cuts?

To what degree will reimbursement cuts be compounded by market competition?

The Japan IC device market has been impacted by the COVID-19 pandemic in the short term.

What factors have contributed to the impact on the IC market declines?

Has the market been able to recover the impacted procedures in 2021?

What is the recovery trend expected to be in 2022 and going ahead?

How has the pandemic impacted clinical trials and product launches?

Table of contents

  • Interventional Cardiology Devices - Market Insights - Japan
    • Abstract
    • Executive Summary
      • COVID-19 Updates
        • Market Highlights
          • Factors Impacting the IC Device Market, by Product Type, Japan
          • IC Device Market, by Product Type, Japan (USD), 2019u20132031
          • IC Device Market Landscape, Japan (USD), 2021 and 2031
        • Competitive Highlights
          • Competitive Factors and Strategies, by Product Type, Japan
          • IC Device Revenue Market Share Rankings, by Product Type, Japan, 2021
          • Companies Mentioned
        • Market Developments
          • Recent Events in the IC Device Market, Japan
          • Key Clinical Trials in the IC Device Market, Japan
          • Emerging Products in Development for the IC Device Market, Japan
        • Average Currency Exchange Rates
          • Procedures Covered
            • IC Procedures Covered, Japan
          • Products Covered
            • IC Products Covered, Japan
        • Key Report Updates
          • COVID-19 Analysis
            • Market Impact
              • COVID-19 Impact Assessment Summary, IC Device Market, Japan
            • Major Market Forecast Changes and Assumptions
              • IC Device Market, by Product Type, Japan (USD), 2019u20132031 (Excluding COVID-19 Impact)
              • IC Device Market, by Product Type, Japan (USD), 2019u20132031 (Including COVID-19 Impact)
            • Competitive Impact
              • COVID-19 Competitive Factors and Strategies, IC Device Market, Japan
              • COVID-19 Financial Impact and Competitor Insights
          • Interventional Cardiology Device Market
            • Market Highlights
              • Factors Impacting the IC Device Market, by Product Type, Japan
              • IC Device Market, by Product Type, Japan (USD), 2019u20132031
              • IC Procedures, by Procedure Type, Japan, 2019u20132031
              • PCIs, by Technique, Japan, 2019u20132031
            • Market Definitions
              • Market Forecast Data
                • IC Procedures, by Procedure Type, Japan, 2019u20132031
                • IC Procedures, by Approach, Japan, 2019u20132031
                • Diagnostic Angiographies, by Procedure Type,u200b Japan, 2019u20132031
                • PCIs, by Procedure Type, Japan, 2019u20132031
                • PCIs, by Technique, Japan, 2019u20132031
                • PCIs, by Condition, Japan, 2019u20132031
                • CTO-PCIs, by Technique, Japan, 2019u20132031
                • IC Device Market, by Product Type, Japan (USD), 2019u20132031
              • Competitive Highlights
                • Market Shares
                  • IC Device Revenue Market Shares, Japan, 2021
                  • IC Device Revenue Market Shares, by Product Type, Japan, 2021
                • Competitive Factors and Strategies
                  • Competitive Factors and Strategies, by Product Type, Japan
                • Market Developments
                  • Recent Events in the IC Device Market, Japan
                  • Key Clinical Trials in the IC Device Market, Japan
                  • Emerging Products in Development for the IC Device Market, Japan
              • Coronary Stent Market
                • Market Highlights
                  • Coronary Stent Market, by Product Type, Japan (USD), 2019u20132031
                • Market Definitions
                  • Market Forecast Data
                    • Coronary Stent Procedures, by Technique, Japan, 2019u20132031
                    • Coronary Stent Procedures, by Product Type, Japan, 2019u20132031
                    • Coronary Stent Market, by Product Type, Japan (USD), 2019u20132031
                    • Coronary Stent Market Growth, by Product Type, Japan, 2020u20132031
                  • Competitive Highlights
                    • Market Shares
                      • Coronary Stent Revenue Market Shares, Japan, 2021
                      • Coronary Stent Revenue Market Shares, by Product Type, Japan, 2021
                    • Competitive Factors and Strategies
                      • Competitive Factors and Strategies, by Product Type, Japan
                  • PTCA Balloon Catheter Market
                    • Market Highlights
                      • PTCA Balloon Catheter Market, by Product Type, Japan (USD), 2019u20132031
                    • Market Definitions
                      • Market Forecast Data
                        • PTCA Balloon Catheter Procedures, by Technique, Japan, 2019u20132031
                        • PTCA Balloon Catheter Procedures, by Product Type, Japan, 2019u20132031
                        • PTCA Balloon Catheter Market, by Product Type, Japan (USD), 2019u20132031
                        • PTCA Balloon Catheter Market Growth, by Product Type, Japan, 2020u20132031
                      • Competitive Highlights
                        • Market Shares
                          • PTCA Balloon Catheter Revenue Market Shares, Japan, 2021
                          • PTCA Balloon Catheter Revenue Market Shares, by Product Type, Japan, 2021
                        • Competitive Factors and Strategies
                          • Competitive Factors and Strategies, by Product Type, Japan
                      • Accessory Device Market
                        • Market Highlights
                          • Accessory Device Market, by Product Type, Japan (USD), 2019u20132031
                        • Market Definitions
                          • Market Forecast Data
                            • IC Procedures, by Procedure Type, Japan, 2019u20132031
                            • Accessory Device Market, by Product Type, Japan (USD), 2019u20132031
                            • PTCA Guidewire Market, by Product Type, Japan (USD), 2019u20132031
                            • PTCA Guidewire Market Growth, by Product Type, Japan, 2020u20132031
                            • Diagnostic Catheter Market, Japan (USDu200b), 2019u20132031
                            • PTCA Guiding Catheter Market, Japan (USD), 2019u20132031
                            • Introducer Sheath Market, Japan (USDu200b), 2019u20132031
                            • CTO-Specific Device Market, by Product Type, Japan (USD), 2019u20132031
                            • CTO-Specific Device Market Growth, by Product Type, Japan, 2020u20132031
                          • Competitive Highlights
                            • Market Shares
                              • Accessory Device Revenue Market Shares, Japan, 2021
                              • Accessory Device Revenue Market Shares, by Product Type, Japan, 2021
                            • Competitive Factors and Strategies
                              • Competitive Factors and Strategies, by Product Type, Japan
                          • Intravascular Imaging Catheter and Pressure Guidewire Market
                            • Market Highlights
                              • Intravascular Imaging Catheter and Pressure Guidewire Market, by Product Type, Japan (USD), 2019u20132031
                            • Market Definitions
                              • Market Forecast Data
                                • Intravascular Imaging Catheter and Pressure Guidewire Procedures, by Product Type, Japan, 2019u20132031
                                • Intravascular Imaging Catheter and Pressure Guidewire Market, by Product Type, Japan (USDu200b), 2019u20132031
                                • Intravascular Imaging Catheter and Pressure Guidewire Market Growth, by Product Type, Japan, 2020u20132031
                              • Competitive Highlights
                                • Market Shares
                                  • Intravascular Imaging Catheter and Pressure Guidewire Revenue Market Shares, Japan, 2021
                                  • Intravascular Imaging Catheter and Pressure Guidewire Revenue Market Shares, by Product Type, Japan, 2021
                                • Competitive Factors and Strategies
                                  • Competitive Factors and Strategies, Japan
                              • Coronary Atherectomy Device Market
                                • Market Highlights
                                  • Coronary Atherectomy Device Market, by Product Type, Japan, (USD), 2019u20132031
                                • Market Definitions
                                  • Market Forecast Data
                                    • Coronary Atherectomy Procedures, Japan, 2019u20132031
                                    • Coronary Atherectomy Device Market, Japan (USD), 2019u20132031
                                  • Competitive Highlights
                                    • Market Shares
                                      • Coronary Atherectomy Device Revenue Market Shares, Japan, 2021
                                      • Coronary Atherectomy Device Revenue Market Shares, Japan, 2021
                                    • Competitive Factors and Strategies
                                      • Competitive Factors and Strategies, by Product Type, Japan
                                  • Thrombectomy and Thrombolysis Device Market
                                    • Market Highlights
                                      • Thrombectomy and Thrombolysis Device Market, by Product Type, Japan (USD), 2019u20132031
                                    • Market Definitions
                                      • Market Forecast Data
                                        • Thrombectomy and Thrombolysis Procedures, by Procedure Type, Japan, 2019u20132031
                                        • Percutaneous Thrombectomy Procedures, by Procedure Type, Japan, 2019u20132031
                                        • Thrombectomy and Thrombolysis Device Market, by Product Type, Japan (USD), 2019u20132031
                                        • Thrombectomy and Thrombolysis Device Market Growth, by Product Type, Japan, 2020u20132031
                                        • Percutaneous Thrombectomy Device Market, by Product Type, Japan (USD), 2019u20132031
                                        • Percutaneous Thrombectomy Device Market Growth, by Product Type, Japan, 2020u20132031
                                      • Competitive Highlights
                                        • Market Share Rankings
                                          • Thrombectomy and Thrombolysis Device Revenue Market Share Rankings, by Product Type, Japan, 2021
                                        • Competitive Factors and Strategies
                                          • Competitive Factors and Strategies, by Product Type, Japan
                                      • Appendix
                                        • Abbreviations
                                          • Bibliography

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