Japan Endoscopy Devices Market Size (2024 - 2029)

Japan Endoscopy Devices Market Analysis

The Japan Endoscopy Devices Market size is estimated at USD 2.76 billion in 2024, and is expected to reach USD 3.94 billion by 2029, growing at a CAGR of 7.39% during the forecast period (2024-2029).

The growing preference for minimally invasive surgeries, increasing cases of diseases such as gastroenterology leading to the increasing adoption of endoscopes for treatment and diagnosis, and technological advancements leading to enhanced applications are the major factors leading to the growth of the endoscopic market.

As per the NCBI article published in October 2021, Japan has the highest prevalence of inflammatory bowel disease in Asia. The report also mentioned that the prevalence of ulcerative colitis was 172.9 per 1,00,000 people in Japan and Crohn's disease was 55.6 per 1,00,000 people. Therefore, the increasing number of cases of gastroenterology diseases in Japan is expected to increase the demand for endoscopic devices owing to the early and effective diagnostics, thereby boosting the growth of the market over the forecast period. 

Furthermore, the increasing burden of cancer, such as colorectal cancer, stomach cancer, lung cancer, pancreatic cancer, and others in the country, creates the need for endoscopic procedures for diagnostic and management purposes and hence propels the growth of the market. For instance, as per the Cancer Statistics In Japan 2024 report published in April 2024, the incidence of stomach cancer was 121,800 (2022: 132,100), lung cancer was 132,000 (2022: 128,200), colorectal cancer was 188,000 (2022: 183,800), and pancreatic cancer was 46,300 (2022: 44,500), was respectively in 2023 in Japan. Such an increasing burden of disease in the country boosts the growth pace of the market over the forecast period.

Moreover, the increasing development of various advanced endoscopy devices in Japan is also expected to drive the growth of the market. For instance, in January 2021, NEC Corporation announced the development of "WISE VISION Endoscopy," an AI diagnosis-support medical device software for colonoscopies, which was released in Japan. This software connects with existing endoscopy equipment as part of using AI to automatically mark potential lesions from images taken during endoscopic procedures.

Thus, owing to the above-mentioned factors, such as the rising prevalence of diseases leading to early and effective diagnostics and increasing product developments, the Japan endoscopy devices market is expected to show significant growth over the forecast period. However, the lack of skilled technicians and infections caused by few endoscopes is hindering the market growth.

Japan Endoscopy Devices Industry Segmentation

As per the scope, endoscopes are minimally invasive devices and can be inserted into natural openings of the body to observe an internal organ or a tissue in detail. Endoscopic surgeries are performed for imaging procedures and minor surgeries. The Japan Endoscopy Devices Market is segmented by Type of Device (Endoscopes (Rigid Endoscopes, Flexible Endoscopes, Capsule Endoscopes, and Robot-Assisted Endoscopes), Endoscopic Operative Devices (Irrigation/Suction Systems, Access Devices, Wound Protector, Insufflation Device, Operative Manual Instrument, and Other Endoscopic Operative Devices), and Visualization Equipment (Endoscopic Camera, SD Visualization System, and HD Visualization System) and Application (Gastroenterology, Orthopedic Surgery, Cardiology, ENT Surgery, Gynecology, and Others). The report offers the value (in USD million) for the above segments.