medical devices market in japan 2015-2019
TRANSCRIPT
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Medical Devices Market in Japan 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “The high demand for advanced medical technologies by Japan's aging population coupled with the government's role in promoting the healthcare industry will drive the market growth in Japan. The demand for quality healthcare and more focus on improved treatment and health maintenance will enable foreign vendors to enter the market.”
• 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.
• The medical devices market in Japan is expected to grow at a CAGR of 2.49% during the forecast period, with the cardiovascular devices segment being the most dominant.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Medical Devices Market in Japan 2015-2019
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Vendors
To understand the vendor landscape and for a full list of
vendors view our report:
Medical Devices Market in Japan 2015-2019
GE Healthcare
Medtronic
Johnson & Johnson
GE Healthcare, a subsidiary of GE Electrical, manufactures and markets diagnostic imaging systems, healthcare IT solutions, and patient monitoring and cardiac devices. The company also provides transformational medical technologies and services.
Medtronic Inc. manufactures and sells device-based medical therapies worldwide. It also manufactures and sells image-guided surgery and intra-operative imaging systems and offers web-based therapy management software solutions. The company serves hospitals, physicians, clinicians, and patients in approximately 140 countries.
Johnson & Johnson was established in 1887 and is headquartered in New Brunswick, New Jersey, US. The company develops, manufactures, and sells a broad range of products in the healthcare industry.
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Market Landscape
• The medical device market in Japan has immense opportunities to grow during the forecast years driven by the growing aging population and the increased prevalence of lifestyle and chronic diseases.
• Devices that alleviate pain, are home-care based for elderly patients, and concentrate on growth areas such as preventive care and out-patient care will boost market growth.
• However, the slow population growth rate and cost-containment strategies of the government, as well as the stringent regulations governing medical devices marketing, will hamper market growth.
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Key Buying Criteria
Parameter Details
Safety
Medical devices should work effectively without causing infections or diseases.
Availability There should be a sufficient number of medical devices in the market to meet the demand.
Affordability Medical devices should be available at a reasonable price.
Efficacy Technologies with higher efficacy will have a high demand.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Medical Devices Market in Japan 2015-2019
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