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Medical Devices Market in Japan 2015-2019

Medical Devices Sector: Forecast until 2019 in Japan

  • July 2015
  • 109 pages
  • ID: 3085884
In this report:
The medical devices market in Japan was valued at $##.## billion in 2014 and is expected to reach $##.## billion by 2019, growing at CAGR of ##.##%
According to the MHLW in 2014, within the public health insurance system, premiums accounted for ##.##%, subsidies from tax accounted for ##.##%, and user charges accounted for ##.##% of the total health expenditures.

Summary

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About Medical Devices

Medical devices contain 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 including pacemakers and laser surgical devices. They are classified based on their characteristics, complexity, and plausible harm.

The medical devices sector in Japan (JP) is the second biggest sector after the medical devices sector in the US. The healthcare market in Japan (JP) is more focused toward the elderly population because the area has the more important number of geriatric population in the globe. The policy to minimize the length of hospital stay and shift the treatment to home care centers is one of the main agendas of Japanese healthcare reform. The healthcare authorities in Japan (JP) offer less co-pay for the treatment of patients aged 75 years and above. Further, the government in Japan (JP) has taken initiatives to minimize device lag and accelerate the approval process, which provides an opportunity to foreign dealers to tap the sector in Japan (JP). The strong IP protection by the government in Japan (JP) for innovative products has created an opportunity for the launch of novel products in the area.

Research firm's analysts estimation the medical devices sector in Japan (JP) to grow at a Compound annual growth rate of ~2.5 percent over the time frame 2014-2019.

What is the scope of this report?

This business report includes the current situation and the growth perspectives of the medical devices sector in Japan (JP) for the time frame 2015-2019. To calculate the market value, the analysis considers revenue generated from the sales of medical devices for different applications. Established on devices, the industry can be broken down 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).

Market research firm's report, Medical Devices Sector in Japan 2015-2019, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The market research unveils the competitors' overview and a corresponding exhaustive analysis of the best 10 sellers in the market.

What are the main areas covered in this report?

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

Other main sellers

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Growing Financial Burden on Healthcare Providers

• For a full, exhaustive list, view our market report

How the market is going?

• Growing Emphasis on Improved Treatment and Health Maintenance

• For a full, in-depth list, view our market report

What are the main questions answered?

• What will the market value be in 2019 and what will the increase rate be?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main sellers in this market environment?

• What are the opportunities in this industry and segment risks faced by the main vendors?

• What are the forces and weaknesses of the main vendors?

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