Forecast: Share of Private Health Expenditure in Japan

The share of private health expenditure in Japan is projected to decrease from 14.89% in 2024 to 14.28% in 2028, indicating a consistent downward trend. Notably, from 2024 to 2025, a decrease of 0.15 percentage points is forecasted, followed by successive declines in subsequent years. This represents an average annual decline over the forecasted period. In 2023, the share was at 15.04%, showing a gradual decrease over time. The compound annual growth rate (CAGR) over the five-year forecast period suggests a steady reduction in the private share of health expenditures.

Future trends to watch include potential policy changes affecting public health funding, demographic shifts contributing to healthcare demand, and innovations in private healthcare services that may alter expenditure patterns. Monitoring these factors will be crucial for anticipating changes in the private health expenditure landscape.