Market Size of Japan Respiratory Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.60 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Japan Respiratory Devices Market Analysis
The Japan respiratory devices market is expected to register a CAGR of 9.6% over the forecast period.
The outbreak of the pandemic positively impacted the Japanese respiratory devices market. For instance, according to a study by the Japanese Respiratory Society published in July 2021, persons with underlying respiratory disease were more susceptible to COVID-19 infection and mortality. It also stated that among COVID-19 patients, the prevalence of asthma, chronic obstructive pulmonary disease (COPD), and interstitial lung diseases (ILD) was 3.4%, 4.8%, and 1.5%, respectively. Furthermore, it also reported that COVID-19 patients having chronic obstructive pulmonary disease or interstitial lung diseases had relatively high mortality, especially for interstitial lung diseases. Therefore, such instances indicate that the demand for respiratory devices increased during the pandemic in Japan; thereby, the market witnessed considerable growth during COVID-19. However, currently, the market has reached its pre-pandemic nature in terms of demand for respiratory devices and is expected to witness strong growth in the coming years.
The key factors propelling the market growth include the increasing prevalence of respiratory disorders and technological advancements in the devices. For instance, as per the study from PubMed published in June 2021, the prevalence of chronic obstructive pulmonary disease (COPD) in Japan was around 8.6-10.9%. Similarly, as per the article from MDPI Journal published in August 2022, compared to a prevalence of 7.9-17.0% among adults in their 30s in the general population, the prevalence of sleep apnea was unexpectedly high at 14.0-86.5% in Japan during 2022. Respiratory devices generally help patients in need of support for breathing, removal of carbon dioxide, and therapy to reduce disuse atrophy of abdominal wall muscles. Therefore, increasing cases of respiratory diseases are expected to surge the demand for respiratory devices, thereby propelling the market growth over the forecast period.
However, the high cost of equipment is likely to hinder the market growth over the forecast period.
Japan Respiratory Devices Industry Segmentation
As per the scope of the report, respiratory devices include respiratory diagnostic devices, therapeutic devices, and breathing devices for administering long-term artificial respiration. It may also include a breathing apparatus used for resuscitation by forcing oxygen into the lungs of a person who has undergone asphyxia.
The Japan Respiratory Devices Market is Segmented by Type into Diagnostic and Monitoring Devices (Spirometers, Sleep Test Devices, Peak Flow Meters, and Other Diagnostic and Monitoring Devices), Therapeutic Devices (Ventilators, Inhalers, CPAP Devices, Oxygen Concentrators, and Other Therapeutic Devices), and Disposables (Masks, Breathing Circuits, and Other Disposables). The report offers the value (in USD million) for the above segments.
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Japan Respiratory Devices Market Size Summary
The Japanese respiratory devices market is poised for significant growth, driven by the increasing prevalence of respiratory disorders and advancements in technology. The market experienced a surge in demand during the COVID-19 pandemic, as individuals with underlying respiratory conditions were more susceptible to severe outcomes from the virus. This heightened awareness and demand for respiratory devices have persisted, with the market expected to continue its upward trajectory. Key factors contributing to this growth include the rising incidence of conditions such as chronic obstructive pulmonary disease (COPD) and sleep apnea, as well as the introduction of innovative devices that enhance patient care. Despite the high cost of equipment posing a challenge, the market remains robust, supported by the ongoing need for effective respiratory support solutions.
Inhalers and Continuous Positive Airway Pressure (CPAP) devices are among the key segments driving market expansion. Inhalers, particularly for conditions like hay fever and asthma, offer quick and portable relief, making them increasingly popular. The prevalence of respiratory syncytial virus infections in children further fuels the demand for these devices. Similarly, the growing use of CPAP machines for sleep apnea treatment underscores the market's potential, with a substantial number of patients relying on these devices. The presence of major companies and their strategic initiatives, such as product launches and collaborations, further bolster the competitive landscape, ensuring continued growth and innovation in the Japanese respiratory devices market.
Japan Respiratory Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Prevalence of Respiratory Disorders
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1.2.2 Technological Advancements in the Devices
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1.3 Market Restraints
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1.3.1 High Cost of Equipment
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD Million)
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2.1 By Type
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2.1.1 Diagnostic and Monitoring Devices
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2.1.1.1 Spirometers
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2.1.1.2 Sleep Test Devices
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2.1.1.3 Peak Flow Meters
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2.1.1.4 Other Diagnostic and Monitoring Devices
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2.1.2 Therapeutic Devices
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2.1.2.1 Ventilators
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2.1.2.2 Inhalers
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2.1.2.3 CPAP Devices
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2.1.2.4 Oxygen Concentrators
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2.1.2.5 Other Therapeutic Devices
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2.1.3 Disposables
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2.1.3.1 Masks
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2.1.3.2 Breathing Circuits
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2.1.3.3 Other Disposables
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Japan Respiratory Devices Market Size FAQs
What is the current Japan Respiratory Devices Market size?
The Japan Respiratory Devices Market is projected to register a CAGR of 9.60% during the forecast period (2024-2029)
Who are the key players in Japan Respiratory Devices Market?
Dragerwerk AG, Fisher & Paykel Healthcare Ltd, Getinge AB, Terumo Corporation and GE Healthcare are the major companies operating in the Japan Respiratory Devices Market.
