PUBLISHER: IMARC | PRODUCT CODE: 1729538
PUBLISHER: IMARC | PRODUCT CODE: 1729538
Japan neurology devices market size reached USD 852.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,314.0 Million by 2033, exhibiting a growth rate (CAGR) of 4.9% during 2025-2033. The rising prevalence of neurological disorders, along with the continual technological advancements, is primarily driving the market growth.
Neurology is a branch of medical science dedicated to addressing conditions and irregularities within the nervous system. Various categories of instruments are commonly employed in the field of neurology. For instance, sacral nerve stimulation apparatus operates by transmitting electrical signals to the designated sacral nerves situated in the lower part of the back. Conversely, devices for cerebrospinal fluid management are responsible for regulating the flow of cerebrospinal fluid and draining any excess fluid from the brain. In a similar vein, interventional equipment utilizes radiological techniques and catheters to diagnose medical conditions affecting the central nervous system, while deep brain stimulation devices assist in medical procedures by implanting a device that emits electrical impulses to specific target regions in the brain. These devices play a pivotal role in addressing intricate disorders. Consequently, they are extensively employed in the treatment of a multitude of neurological ailments, including but not limited to obsessive-compulsive disorder, Parkinson's disease, dystonia, chronic pain, essential tremor, and major depression.
The neurology market in Japan is primarily being fueled by substantial growth within the healthcare sector. Furthermore, the increasing prevalence of neurological disorders is substantially driving the demand for these products, which is positively influencing the regional market. The rising elderly population and the growing occurrences of neurovascular conditions, such as strokes, among older individuals are also accelerating the adoption of neurology devices, thereby bolstering the market growth. Additionally, continuous technological advancements in neurology devices and the widespread demand for minimally invasive (MI) surgical procedures are also serving as significant factors that encourage growth in Japan. Other factors that are giving a boost to market expansion include the increasing healthcare expenditure, substantial investments by global medical device manufacturers, and extensive research and development (R&D) activities in the field of neurotherapy. Furthermore, numerous technological advancements in the medical industry are anticipated to fuel the market growth over the forecasted period.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.