Forecast: Higher Education Expenditure on R&D in Medical and Health Sciences in Japan

In 2023, higher education expenditure on R&D in medical and health sciences in Japan stood at around 723.00 billion Japanese Yens. The forecast from 2024 to 2028 shows a modest upward trend: 0.57% from 2024 to 2025, 1.02% from 2025 to 2026, 1.00% from 2026 to 2027, and 0.98% from 2027 to 2028. The compounded annual growth rate (CAGR) over the five-year forecast period is approximately 0.98%.

Future trends to watch for include:

  • Potential shifts in governmental policies or funding priorities impacting R&D budgets.
  • Technological advancements driving changes in research focus areas or efficiency improvements.
  • Collaborations between academic institutions and private sectors influencing R&D expenditure trends.

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