The sales in clinics of medical practitioners in Japan showed a modest increase from 8.6883 trillion yen in 2013 to 10.593 trillion yen in 2023. Notably, there was a significant jump in 2014 with a 17.44% rise, but subsequent years experienced variable growth rates, including periods of decline in 2015 and 2017. From 2018 to 2023, the increase stabilized with an average CAGR of approximately 0.86%. For 2023, the sales stood at 10.593 trillion yen.
The future trend indicates a continued, though moderate, growth forecast with a 5-year CAGR of 0.59%, expected to result in an overall growth of 2.98% by 2028.
Trends to watch for in this sector include:
- Technological advancements in medical practices and their adoption.
- Demographic shifts, particularly with Japan’s aging population.
- Policy changes and healthcare reforms by the Japanese government.