The Business Enterprise R&D Expenditure in the manufacture of irradiation, electromedical, and electrotherapeutic equipment in Japan is on a declining trend from 2024 to 2028, with values decreasing from ¥71.96 billion in 2024 to ¥48.68 billion in 2028. Comparing with actual expenditure in 2023, there is a marked decrease in investment into R&D in this sector.
- Year-on-year decrease from 2024 to 2025 is approximately -8.19%.
- Year-on-year decrease from 2025 to 2026 is approximately -8.85%.
- Year-on-year decrease from 2026 to 2027 is approximately -9.62%.
- Year-on-year decrease from 2027 to 2028 is approximately -10.55%.
- The compound annual growth rate (CAGR) from 2024 to 2028 indicates a continuous decline.
Future trends to watch for include advancements in medical technology that could potentially renew interest and increase R&D investment, as well as potential government incentives or policy changes aiming to reverse the declining trend in this critical sector.
