Market Trends of Japan Minimally Invasive Surgery Devices Industry
This section covers the major market trends shaping the Japan Minimally Invasive Surgery Devices Market according to our research experts:
Gastrointestinal Segment Expects to Register a High CAGR Over the Forecast Period
The gastrointestinal segment is expected to witness significant growth in the minimally invasive surgery market over the forecast period due to the factors such as the rising incidence of gastrointestinal diseases among the population.
The major diseases associated with the gastrointestinal system are irritable bowel syndrome (IBS), Crohn's disease, peptic ulcers, and others.
The high burden of gastrointestinal diseases is the major factor driving the growth of the segment. For instance, an article published in the Journal of Anus, Rectum, and Colon in January 2020 observed that 180,000 patients were suffering from ulcerative colitis and 40,000 from Crohn's disease in Japan in 2020. Thus, the high number of people suffering from ulcerative colitis raises the need for surgery to remove the colon and lining of the rectum. This is anticipated to fuel the demand for advanced surgical devices, propelling the market's growth.
The high prevalence of cancer related to the gastrointestinal tract, such as colon and rectum cancers, is expected to drive the demand for minimally invasive procedures, augmenting the market's growth over the forecast period. For instance, as per GLOBOCAN 2020 factsheet, 99,862 new cases of colon and 46,940 cases of rectum cancer were reported in Japan in 2020. Thus, the rising burden of colon and rectum cancers is anticipated to increase the adoption of minimally invasive surgeries such as laparoscopic or robot surgery, which is expected to augment the segment's growth over the forecast period.
The rising company activities in developing minimally-invasive devices and increasing product launches contribute to the market's growth. For instance, in April 2022, Ambu Inc. received CE clearance for its Ambu aScope Gastro and Ambu aBox 2 in Japan. This helps the company expand the global launch of its single-use gastroscope and next-generation display ecosystem to include Europe and Japan. In January 2021, NEC Corporation launched WISE VISION Endoscopy, an AI diagnosis-support medical device software for colonoscopies, in Japan. In November 2021, the Shinmatsudo Central General Hospital in Matsudo, Japan, entered into an agreement with Asensus Surgical, Inc., to lease and utilize a Senhance Surgical System, a digital laparoscopic platform that leverages augmented intelligence to provide unmatched performance and patient outcomes through machine learning.
Thus, owing to the aforementioned factors, the segment studied is expected to grow significantly during the forecast period.
Robotic-Assisted Surgical System Segment is Expected to Have the Significant Market Share Over the Forecast Period
The robotic-assisted surgical systems segment is expected to grow over the forecast period owing to the factors such as the rising prevalence of chronic diseases, rising technological advancements, and the rising company focus on developing advanced products in the country.
The rising burden of cancer and other orthopedic diseases among the population is expected to increase the demand for robotic surgery that provides a clear view of the deep tissues and structures. This is anticipated to fuel the segment's growth over the forecast period. For instance, as per an article published in PLOS One, in August 2021, more than 25,000 new cases of renal cell carcinoma were reported in Japan in 2020, which is projected to increase to 30,000 by 2030. Thus, the high burden of kidney cancer among the population increases the need for effective treatment procedures, raising the demand for robots to perform complex surgeries and propelling the market's growth.
According to an article published in the Journal of Orthopaedic Science in September 2021, about 4052 knee arthroplasties are expected to be performed on men between the ages of 40 and 64 years, 6942 on men between the ages of 65 and 74 years, 14,986 on men over 75 years in Japan by 2030. In addition, as per the same source, about 7092 knee arthroplasties are expected to be performed on women between the ages of 40 and 64 years, 22,957 on women between the ages of 65 and 74 years, and 58,340 on women over 75 years in Japan by 2030. Thus, the expected increase in knee surgeries among the population increases the demand for robots to perform knee replacement surgeries to avoid certain complications and provide more precise surgical results. This is anticipated to augment the market's growth over the forecast period.
Increasing adoption of robotic-assisted surgery systems and increased awareness of the advantages of minimally invasive procedures are expected to boost the market's growth over the forecast period. For instance, in August 2020, Medicaroid Corp received health ministry approval to manufacture and sell a robotic-assisted surgery system in Japan, the hinotori surgical system. In February 2022, Smith+Nephew launched a next-generation handheld robotics platform, the CORI Surgical System, in Japan. The robotic system combines 3-D intraoperative imagery with a sophisticated robotic precision milling tool to sculpt the bone and preserve structure during ligament-sparing surgeries.
The rising product approvals in the country are expected to increase the availability of robotic surgical systems in the market. This is anticipated to increase its adoption during complex surgeries, propelling the market's growth. For instance, in September 2022, Japan's Ministry of Health, Labour, and Welfare (MHLW) approved Intuitive's da Vinci SP, the first robotic surgical system for use in general surgeries, thoracic surgeries, urologic surgeries, gynecological surgeries, and trans-oral head and neck surgeries. The system offers surgeons robotic-assisted technology designed for confined access to body tissue.
Thus, owing to the aforementioned factors, the segment studied is expected to grow significantly during the forecast period.
