Although an aging population and the growing prevalence of complex lesions requiring niche devices, such as intravascular imaging catheters and CTO devices will support the Japanese IC device market, 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. Furthermore, the COVID-19 global pandemic will negatively impact the Japanese IC device market in the short term, hampering procedure volumes and market revenues.

This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for IC devices in Japan across an 11-year period.

Emerging technologies such as FFRCT, resting-state FFR, and angiography-based FFR will influence the IC diagnostic landscape in Japan.

How will the adoption of 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.

Which markets will be most severely impacted by the MHLW reimbursement cuts?

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

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

What factors will contribute to the impact on the IC device market?

To what degree will the pandemic affect different IC device segments?

How will the pandemic impact clinical trials and product launches?

How soon will procedure volumes, sales, and revenues recover?

Table of contents

  • Interventional Cardiology Devices - Market Insights - Japan
    • Abstract
    • Executive Summary
      • Market Highlights
        • Factors Impacting the IC Device Market, by Product Type, Japan
        • IC Device Market, by Product Type, Japan (USD), 2019–2030
        • IC Device Market Landscape, Japan (USD), 2020 and 2030
      • Competitive Highlights
        • Competitive Factors and Strategies, by Product Type, Japan
        • IC Device Revenue Market Share Rankings, by Product Type, Japan, 2020
        • 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), 2019–2030 (Excluding COVID-19 Impact)
            • IC Device Market, by Product Type, Japan (USD), 2019–2030 (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), 2019–2030
            • IC Procedures, by Procedure Type, Japan, 2019–2030
            • PCIs, by Technique, Japan, 2019–2030
          • Market Definitions
            • Market Forecast Data
              • IC Procedures, by Procedure Type, Japan, 2019–2030
              • IC Procedures, by Approach, Japan, 2019–2030
              • Diagnostic Angiographies, by Procedure Type,​ Japan, 2019–2030
              • PCIs, by Procedure Type, Japan, 2019–2030
              • PCIs, by Technique, Japan, 2019–2030
              • PCIs, by Condition, Japan, 2019–2030
              • CTO-PCIs, by Technique, Japan, 2019–2030
              • Thrombectomy and Thrombolysis Procedures, by Procedure Type, Japan, 2019–2030
              • Percutaneous Thrombectomy Procedures, by Procedure Type, Japan, 2019–2030
              • IC Device Market, by Product Type, Japan (USD), 2019–2030
            • Competitive Highlights
              • Market Shares
                • IC Device Revenue Market Shares, Japan, 2020
                • IC Device Revenue Market Shares, by Product Type, Japan, 2020
              • 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), 2019–2030
              • Market Definitions
                • Market Forecast Data
                  • Coronary Stent Procedures, by Technique, Japan, 2019–2030
                  • Coronary Stent Procedures, by Product Type, Japan, 2019–2030
                  • Coronary Stent Market, by Product Type, Japan (USD), 2019–2030
                  • Coronary Stent Market Growth, by Product Type, Japan, 2020–2030
                • Competitive Highlights
                  • Market Shares
                    • Coronary Stent Revenue Market Shares, Japan, 2020
                    • Coronary Stent Revenue Market Shares, by Product Type, Japan, 2020
                  • 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), 2019–2030
                  • Market Definitions
                    • Market Forecast Data
                      • PTCA Balloon Catheter Procedures, by Technique, Japan, 2019–2030
                      • PTCA Balloon Catheter Procedures, by Product Type, Japan, 2019–2030
                      • PTCA Balloon Catheter Market, by Product Type, Japan (USD), 2019–2030
                      • PTCA Balloon Catheter Market Growth, by Product Type, Japan, 2020–2030
                    • Competitive Highlights
                      • Market Shares
                        • PTCA Balloon Catheter Revenue Market Shares, Japan, 2020
                        • PTCA Balloon Catheter Revenue Market Shares, by Product Type, Japan, 2020
                      • 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), 2019–2030
                      • Market Definitions
                        • Market Forecast Data
                          • IC Procedures, by Procedure Type, Japan, 2019–2030
                          • Accessory Device Market, by Product Type, Japan (USD), 2019–2030
                          • PTCA Guidewire Market, by Product Type, Japan (USD), 2019–2030
                          • PTCA Guidewire Market Growth, by Product Type, Japan, 2020–2030
                          • Diagnostic Catheter Market, Japan (USD​), 2019–2030
                          • PTCA Guiding Catheter Market, Japan (USD), 2019–2030
                          • Introducer Sheath Market, Japan (USD​), 2019–2030
                          • CTO-Specific Device Market, by Product Type, Japan (USD), 2019–2030
                          • CTO-Specific Device Market Growth, by Product Type, Japan, 2020–2030
                        • Competitive Highlights
                          • Market Shares
                            • Accessory Device Revenue Market Shares, Japan, 2020
                            • Accessory Device Revenue Market Shares, by Product Type, Japan, 2020
                          • 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), 2019–2030
                          • Market Definitions
                            • Market Forecast Data
                              • Intravascular Imaging Catheter and Pressure Guidewire Procedures, by Product Type, Japan, 2019–2030
                              • Intravascular Imaging Catheter and Pressure Guidewire Market, by Product Type, Japan (USD​), 2019–2030
                              • Intravascular Imaging Catheter and Pressure Guidewire Market Growth, by Product Type, Japan, 2020–2030
                            • Competitive Highlights
                              • Market Shares
                                • Intravascular Imaging Catheter and Pressure Guidewire Revenue Market Shares, Japan, 2020
                                • Intravascular Imaging Catheter and Pressure Guidewire Revenue Market Shares, by Product Type, Japan, 2020
                              • Competitive Factors and Strategies
                                • Competitive Factors and Strategies, Japan
                            • Coronary Atherectomy Device Market
                              • Market Highlights
                                • Coronary Atherectomy Device Market, by Product Type, Japan, (USD), 2019–2030
                              • Market Definitions
                                • Market Forecast Data
                                  • Coronary Atherectomy procedures, Japan, 2019–2030
                                  • Coronary Atherectomy Device Market, Japan (USD), 2019–2030
                                • Competitive Highlights
                                  • Market Shares
                                    • Coronary Atherectomy Device Revenue Market Shares, Japan, 2020
                                    • Coronary Atherectomy Device Revenue Market Shares, Japan, 2020
                                  • 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), 2019–2030
                                  • Market Definitions
                                    • Market Forecast Data
                                      • Thrombectomy and Thrombolysis Procedures, by Procedure Type, Japan, 2019–2030
                                      • Percutaneous Thrombectomy Procedures, by Procedure Type, Japan, 2019–2030
                                      • Thrombectomy and Thrombolysis Device Market, by Product Type, Japan (USD), 2019–2030
                                      • Thrombectomy and Thrombolysis Device Market Growth, by Product Type, Japan, 2020–2030
                                      • Percutaneous Thrombectomy Device Market, by Product Type, Japan (USD), 2019–2030
                                      • Percutaneous Thrombectomy Device Market Growth, by Product Type, Japan, 2020–2030
                                    • Competitive Highlights
                                      • Market Share Rankings
                                        • Thrombectomy and Thrombolysis Device Revenue Market Share Rankings, by Product Type, Japan, 2020
                                      • Competitive Factors and Strategies
                                        • Competitive Factors and Strategies, by Product Type, Japan
                                    • Appendix
                                      • Abbreviations
                                        • Bibliography

                                      Author(s): Vijay Mohan Motwani

                                      Vijay Motwani is a research associate on the Cardiovascular Medtech Insights team at DRG (Part of Clarivate), specializing in the dialysis access treatment device and transcatheter embolization and occlusion device markets. Vijay holds a Bachelor's degree in Pharmaceutical Sciences from Bharati Vidyapeeth Deemed University and a Master’s degree in Pharmaceutical Quality Assurance from the Manipal Academy of Higher Education, Manipal.