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Japanese Gastrointestinal Devices Market

Japan gastrointestinal endoscopic devices market: $801 million industry in 2011


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2014-02-17 05:40:01 - Japanese Gastrointestinal Devices Market - a new market research report on companiesandmarkets.com

In 2011, the Japanese market for gastrointestinal endoscopic devices was valued at over $801 million. The Japanese gastrointestinal (GI) endoscopic device market includes GI endoscopes, capsule endoscopes, stenting devices, dilation devices, endoscopic retrograde cholangiopancreatography (ERCP) devices, biopsy forceps, polypectomy snares, hemostasis devices and enteral feeding devices.

High demand for GI screening and intervention procedures due to the aging population and growing awareness will drive market growth. However, expected decreases in reimbursement implemented by the Japanese government every two years will put pressure on device prices, limiting overall market growth.

Over the 2011–2018 forecast period, market expansion will be fueled by procedural growth and a higher incidence of GI disease; this will result in market growth accelerating gradually over the forecast period.

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