Japan Catheter Market Outlook | COVID-19 IMPACT, Revenue, Size, Forecast, Share, Trends, Value, Industry, Companies, Growth & Analysis

Japan Catheter Market Synopsis

The Japan catheter market is estimated to grow at a CAGR of 4.9% during the forecast period 2023-2029. Catheters are medical devices used for diagnostic and therapeutic purposes including temporary access into blood vessels, bladder, esophagus, and other body cavities. Increasing demand for minimally invasive surgeries (MIS) along with increasing geriatric population in the country will drive the growth of this market over the forecast period.

Drivers of the Market

1. Increase In Geriatric Population: The increase in geriatric population coupled with rising incidence of lifestyle diseases like diabetes has led to an increased number of cardiovascular diseases thereby boosting demand for catheters in order to perform various tests as well as treatments for these conditions which will fuel the growth of Japan???s catheter market during forecast period 2023-2029. 2. Rising Prevalence Of Chronic Diseases: According to data from WHO, around 40 million people suffer from chronic illnesses such as cancer and diabetes in Japan due to lack of physical activity or unhealthy lifestyles leading to high prevalence rates among all age groups creating a demand for improved diagnosis & treatment methods that utilize catheters which will propel its usage further thus driving it???s market growth over coming years.

Challenges in the Market

High Cost Of Medical Devices And Procedures: Increasing cost burden associated with medical care due to high prices charged by hospitals on patients using catheters may deter prospective customers from undergoing certain procedures thereby hampering its overall market potential during the assessment period.

COVID-19 Impact on the Market

The COVID-19 pandemic had slowed down revenue streams originating from elective procedures which use various types of medical devices such as catheters due to lockdowns imposed globally limiting them only towards emergency cases causing disruption across multiple industries leading manufacturers had also shifted their resources towards producing ventilators and other equipments required specifically treating covid - 19 positive patients resulting decrease sales volume . This situation is expected improve once vaccines are made available widely post 2021.

Key Players in the Market

Some key players operating within japan`s Catheter Market include Terumo Corporation ,Boston Scientific Corporation , Teleflex Incorporated , Medtronic Plc., Becton Dickinson Company , Conmed Corporation amongst others.

Key Highlights of the Report:

• Japan Catheter Market Outlook
• Market Size of Japan Catheter Market, 2020
• Forecast of Japan Catheter Market, 2027
• Historical Data and Forecast of Japan Catheter Revenues & Volume for the Period 2018 - 2027
• Japan Catheter Market Trend Evolution
• Japan Catheter Market Drivers and Challenges
• Japan Catheter Price Trends
• Japan Catheter Porter's Five Forces
• Japan Catheter Industry Life Cycle
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Product Type for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Cardiovascular Catheters for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Urology Catheters for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Intravenous Catheters for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Neurovascular Catheters for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Specialty Catheters for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Distribution Channel for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Hospital Stores for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Retail Stores for the Period 2018 - 2027
• Historical Data and Forecast of Japan Catheter Market Revenues & Volume By Others for the Period 2018 - 2027
• Japan Catheter Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• Japan Catheter Top Companies Market Share
• Japan Catheter Competitive Benchmarking By Technical and Operational Parameters
• Japan Catheter Company Profiles
• Japan Catheter Key Strategic Recommendations