Product Code: IRTNTR6319
About Medical Devices
Medical devices include 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 such as pacemakers and laser surgical devices. They are classified based on their characteristics, complexity, and potential harm.
The medical devices market in Japan is the second largest market after the medical devices market in the US. The healthcare sector in Japan is more focused toward the elderly population because the country has the highest number of geriatric population in the world. The policy to reduce the length of hospital stay and shift the treatment to home care centers is one of the major agendas of Japanese healthcare reform. The healthcare authorities in Japan provide less co-pay for the treatment of patients aged 75 years and above. Further, the government in Japan has taken initiatives to reduce device lag and accelerate the approval process, which provides an opportunity to foreign vendors to tap the market in Japan. The strong IP protection by the government in Japan for innovative products has created an opportunity for the launch of novel products in the country.
Technavio's analysts forecast the medical devices market in Japan to grow at a CAGR of 2.49% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the medical devices market in Japan for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of medical devices for various applications. Based on devices, the market can be segmented 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).
Technavio's report, Medical Devices Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents the vendor landscape and a corresponding detailed analysis of the top 10 vendors in the market.
Key Regions
Key Vendors
- International Vendors
- Baxter International
- GE Healthcare
- Johnson & Johnson
- Medtronic
- Siemens Healthcare
- Domestic Vendors
- Hitachi Medico
- Nipro
- Olympus Medical Systems
- Terumo
- Toshiba Medical Systems
Other Prominent Vendors
- Alfresa Holdings
- Aloka
- Canon Medical Systems
- Fukuda Denshi
- Hogy Medical
- Hoya
- Ikaria
- Konica Minolta
- Mevion Medical Systems
- Nidek
- Nihon Kohden
- Omron
- Shimadzu
- TeraRecon
- Toray Medical
- Toxikon
Market Driver
- Highly Developed and Technologically Advanced Infrastructure
- For a full, detailed list, view our report
Market Challenge
- Growing Financial Burden on Healthcare Providers
- For a full, detailed list, view our report
Market Trend
- Growing Emphasis on Improved Treatment and Health Maintenance
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
- 04.1. Market Research Process
- 04.2. Research Methodology
05. Introduction
06. Market Profile: Japan
07. Healthcare System in Japan
08. Key Insights
09. Key Highlights
- 09.1.1. Major Trading Partners of Japan
10. Japan's Recovery from Recession
11. Japan Medical Devices Manufacturers
- 11.1. Medical Machinery Makers
- 11.2. Medical Instruments Makers
12. Market Landscape
- 12.1. Market Overview
- 12.2. Market Size and Forecast
- 12.3. Five Forces Analysis
13. Market Segmentation by Product
- 13.1. Cardiovascular Devices
- 13.2. Diagnostic Imaging System
- 13.3. Orthopedic Implants
- 13.4. Patient Monitoring Devices
- 13.5. Respiratory Devices
- 13.6. Home-care Products
- 13.7. Dental Material and Equipment
- 13.8. Wound Care
- 13.9. Ophthalmic Equipment and Supplies
- 13.10. Others
14. Buying Criteria
15. Market Growth Drivers
16. Drivers and their Impact
17. Market Challenges
18. Impact of Drivers and Challenges
19. Market Trends
20. Trends and their Impact
21. Vendor Landscape
- 21.1. Competitive Scenario
- 21.1.1. Key News
- 21.1.2. Mergers and Acquisitions
- 21.2. Market Share Analysis 2014
- 21.3. Other Prominent Vendors
22. Key Vendor Analysis
- 22.1. Johnson & Johnson
- 22.1.1. Key facts
- 22.1.2. Business Overview
- 22.1.3. Business Segmentation by Revenue 2014
- 22.1.4. Business Segmentation by Revenue 2013 and 2014
- 22.1.5. Geographical Segmentation by Revenue 2014
- 22.1.6. Business Strategy
- 22.1.7. Recent Developments
- 22.1.8. SWOT Analysis
- 22.2. GE Healthcare
- 22.2.1. Key Facts
- 22.2.2. Business Overview
- 22.2.3. Business Segmentation
- 22.2.4. Business Strategy
- 22.2.5. Key Developments
- 22.2.6. SWOT Analysis
- 22.3. Medtronic
- 22.3.1. Key Facts
- 22.3.2. Business Overview
- 22.3.3. Business Segmentation
- 22.3.4. Revenue by Business Segmentation
- 22.3.5. Revenue Comparison by Business Segmentation 2012 and 2013
- 22.3.6. Revenue by Geographical Segmentation
- 22.3.7. Business Strategy
- 22.3.8. Key Developments
- 22.3.9. SWOT Analysis
- 22.4. Siemens Healthcare Diagnostics
- 22.4.1. Key Facts
- 22.4.2. Business Overview
- 22.4.3. SWOT Analysis
- 22.5. Baxter International
- 22.5.1. Key Facts
- 22.5.2. Business Description
- 22.5.3. Business Segmentation
- 22.5.4. Business Strategy
- 22.5.5. Revenue by Business Segmentation
- 22.5.6. Revenue by Geographical Segmentation
- 22.5.7. Key Developments
- 22.5.8. SWOT Analysis
- 22.6. Hitachi Medical
- 22.6.1. Key Facts
- 22.6.2. Business Overview
- 22.6.3. Product Segmentation
- 22.6.4. Recent Developments
- 22.6.5. SWOT Analysis
- 22.7. Olympus
- 22.7.1. Key Facts
- 22.7.2. Business Overview
- 22.7.3. Business Segmentation by Revenue 2013
- 22.7.4. Sales by Geography
- 22.7.5. Business Strategy
- 22.7.6. Key Information
- 22.7.7. SWOT Analysis
- 22.8. Terumo
- 22.8.1. Key Facts
- 22.8.2. Business Overview
- 22.8.3. Business Segmentation
- 22.8.4. Revenue Segmentation by Business
- 22.8.5. Business Segment Revenue Comparison - FY2011 and FY2012
- 22.8.6. Revenue Segmentation by Geography
- 22.8.7. Business Strategy
- 22.8.8. Key Developments
- 22.8.9. SWOT Analysis
- 22.9. Toshiba Medical Systems
- 22.9.1. Key Facts
- 22.9.2. Business Overview
- 22.9.3. Product Segmentation
- 22.9.4. Recent Developments
- 22.9.5. SWOT Analysis
- 22.10. Nipro
- 22.10.1. Key Facts
- 22.10.2. Business Overview
- 22.10.3. Business Segmentation
- 22.10.4. Business Segmentation by Revenue 2014
- 22.10.5. Business Segmentation by Revenue 2013 and 2014
- 22.10.6. Geographical Segmentation by Revenue 2014
- 22.10.7. Business Strategy
- 22.10.8. Key Developments
- 22.10.9. SWOT Analysis
23. Other Reports in this Series
List of Exhibits
- Exhibit 1: Market Research Methodology
- Exhibit 2: Characteristics of Japanese Market
- Exhibit 3: Key Strategies to Enter Market in Japan
- Exhibit 4: Advantages and Disadvantages of Business Models for Vendors
- Exhibit 5: Medical Devices Designation Process in Japan
- Exhibit 6: Medical Devices Exports and Imports Market Share in Japan 2014
- Exhibit 7: Major Countries Exporting Main Therapeutic Category of Medical Devices to Japan 2013
- Exhibit 8: Major Countries Importing Main Therapeutic Category of Medical Devices from Japan 2013
- Exhibit 9: Top Countries Exporting Medical Devices from Japan 2013
- Exhibit 10: Top Countries Importing Medical Devices to Japan 2013
- Exhibit 11: Medical Devices Market in Japan 2014-2019 ($ billions)
- Exhibit 12: Segmentation of Medical Devices Market by Product
- Exhibit 13: Segmentation of Medical Devices Market by Product 2014
- Exhibit 14: Segmentation of Medical Devices Market by Product 2014 ($ billions)
- Exhibit 15: Snapshot of Top Global Vendors 2014
- Exhibit 16: Snapshot of Top Domestic Vendors 2014
- Exhibit 17: Top Global Medical Devices Companies by Revenue 2014 ($ billions)
- Exhibit 18: Top Japanese Medical Devices Companies by Global Revenue 2014 ($ billions)
- Exhibit 19: Top Japanese Medical Devices Companies by Revenues in Japan 2014 ($ billions)
- Exhibit 20: Johnson & Johnson: Business Segmentation by Revenue 2014
- Exhibit 21: Johnson & Johnson: Business Segmentation by Revenue 2013 and 2014 ($ billion)
- Exhibit 22: Johnson & Johnson: Geographical Segmentation by Revenue 2014
- Exhibit 23: GE Healthcare: Business Segmentation 2013
- Exhibit 24: Medtronic Inc.: Business Segmentation
- Exhibit 25: Medtronic Inc.: Revenue by Business Segmentation 2013
- Exhibit 26: Medtronic Inc.: Revenue Comparison by Business Segmentation 2012 and 2013 ($ million)
- Exhibit 27: Medtronic Inc.: Revenue by Geographical Segmentation 2013
- Exhibit 28: Baxter International: Business Segmentation
- Exhibit 29: Baxter International: Revenue by Business Segmentation 2013
- Exhibit 30: Baxter International: Revenue by Geographical Segmentation 2013
- Exhibit 31: Hitachi Medical : Product Segmentation 2013
- Exhibit 32: Olympus: Business Segmentation by Revenue 2013
- Exhibit 33: Olympus: Sales by Geography 2013
- Exhibit 34: Terumo: Business Segmentation
- Exhibit 35: Terumo: Revenue Segmentation
- Exhibit 36: Terumo: Revenue Comparison of Business Segments ($ billion)
- Exhibit 37: Terumo: Revenue Segmentation by Geography FY2012
- Exhibit 38: Toshiba Medical Systems: Product Segmentation 2013
- Exhibit 39: Nipro: Business Segmentation 2014
- Exhibit 40: Nipro: Business Segmentation by Revenue 2014
- Exhibit 41: Nipro: Business Segmentation by Revenue 2013 and 2014 ($ million)
- Exhibit 42: Nipro: Geographical Segmentation by Revenue 2014