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Japanese Markets for Interventional Cardiology
Japanese markets for interventional cardiology
Millennium Research Group, A Decision Resources, Inc. Company
Japanese Interventional Cardiology Device Market

Valued at over $900 million in 2004, the Japanese interventional cardiology (IC) market is the second-largest worldwide. From 2005 to 2009, the market is forecast to increase at a compound annual growth rate (CAGR) exceeding 3%. The introduction of drug-eluting stents (DES), changes in the Japanese regulatory environment, and an aging Japanese population will serve to significantly drive the value of the IC market in Japan. The market will be limited by changes to medical device reimbursement policies made by the Japanese Ministry of Health, Labor and Welfare (MHLW) that will limit average selling prices (ASPs) and result in the decline in certain market segments. ...

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