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Chapter 83: Japanese Markets for Endoscopy Devices
In 2004, the Japanese endoscopy device market, comprising laparoscopy, gastrointestinal (GI) endoscopy, visualization, ear, nose, and throat (ENT) endoscopy, bronchoscopy, and arthroscopy devices, was valued at over $650 million. Market growth will be modest over the forecast period, driven by
- the growing use of hand-assist devices, which make difficult laparoscopy procedures easier to perform;
- the long-term effects of smoking leading to more cases of lung disease in Japan, which will fuel the need for bronchoscopy biopsy forceps and bronchial stents; and
- the adoption of more expensive three-chip camera systems that feature progressive scan or high definition (HD) technology.
Hindering development of the Japanese endoscopy device market will, however, be budget-strapped medical facilities that ...