Medical Devices

Medical Devices Market in Japan 2015-2019

  • TEC250775
  • 109 Pages
  • July 2015
  • Medical Devices
About Medical Devices

Medical devices include a broad range of medical instruments used for patient monitoring, and the diagnosis and treatment of diseases or abnormal physical conditions, including cardiac, orthopedic, respiratory, and ophthalmic diseases. They range from simple medical devices to complex programmable devices such as pacemakers and laser surgical devices. They are classified based on their characteristics, complexity, and potential harm.

The medical devices market in Japan is the second largest market after the medical devices market in the US. The healthcare sector in Japan is more focused toward the elderly population because the country has the highest number of geriatric population in the world. The policy to reduce the length of hospital stay and shift the treatment to home care centers is one of the major agendas of Japanese healthcare reform. The healthcare authorities in Japan provide less co-pay for the treatment of patients aged 75 years and above. Further, the government in Japan has taken initiatives to reduce device lag and accelerate the approval process, which provides an opportunity to foreign vendors to tap the market in Japan. The strong IP protection by the government in Japan for innovative products has created an opportunity for the launch of novel products in the country.

Technavio's analysts forecast the medical devices market in Japan to grow at a CAGR of 2.49% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the medical devices market in Japan for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of medical devices for various applications. Based on devices, the market can be segmented into 10: cardiovascular devices, diagnostic imaging systems, orthopedic implants, patient monitoring devices, respiratory devices, home care products, dental materials and equipment, wound care products, ophthalmic equipment and supplies, and others (therapeutic and surgical equipment, and operating equipment and supplies) .

Technavio's report, Medical Devices Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents the vendor landscape and a corresponding detailed analysis of the top 10 vendors in the market.

Key Regions
Americas
APAC
EMEA

Key Vendors
International Vendors
Baxter International
GE Healthcare
Johnson & Johnson
Medtronic
Siemens Healthcare

Domestic Vendors
Hitachi Medico
Nipro
Olympus Medical Systems
Terumo
Toshiba Medical Systems

Other Prominent Vendors
Alfresa Holdings
Aloka
Canon Medical Systems
Fukuda Denshi
Hogy Medical
Hoya
Ikaria
Konica Minolta
Mevion Medical Systems
Nidek
Nihon Kohden
Omron
Shimadzu
TeraRecon
Toray Medical
Toxikon

Market Driver
Highly Developed and Technologically Advanced Infrastructure
For a full, detailed list, view our report

Market Challenge
Growing Financial Burden on Healthcare Providers
For a full, detailed list, view our report

Market Trend
Growing Emphasis on Improved Treatment and Health Maintenance
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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