Medical Devices Market In Japan 2024-2028
The medical devices market in Japan is forecasted to grow by USD 15.56 bn during 2023-2028, accelerating at a CAGR of 6.75% during the forecast period. The report on the medical devices market in Japan provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for minimally invasive procedures, technological advancements in cardiac monitoring and cardiac therapy devices, and growing adoption of diagnostic imaging technology.
Technavio's medical devices market in Japan is segmented as below:
By Product
- In-vitro diagnostics
- Cardiovascular devices
- Diagnostic equipment
- Dental equipment
- Orthopedic and others
By Application
- Cardiovascular
- Orthopedic
- Diagnostic imaging
- Dental
- Ophthalmology and others
By End-user
- Hospitals and clinics
- Diagnostic centers
- Others
This study identifies the emergence of innovative medical technologies as one of the prime reasons driving the medical devices market in Japan growth during the next few years. Also, rising advancements in orthopedic implants and advancements in regenerative medicine and tissue engineering will lead to sizable demand in the market.
The report on the medical devices market in Japan covers the following areas:
- Medical devices market in Japan sizing
- Medical devices market in Japan forecast
- Medical devices market in Japan industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical devices market in Japan vendors that include AI Medical Service Inc., ARKRAY Inc., B dot Medical Inc., Baxter International Inc., Becton Dickinson and Co., Canon Inc., Connect K.K., Cyfuse Biomedical K.K., F. Hoffmann La Roche Ltd., Fuji Seiko, GE Healthcare Technologies Inc., Hitachi Ltd., Johnson and Johnson, Medtronic Plc, Nipro Corp., Siemens AG, Terumo Medical Corp., Fukuda Sangyo Co. Ltd., ASTI Corp., and PerkinElmer Inc. Also, the medical devices market in Japan analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.