Business Monitor International

Japan Medical Devices Report

Published 07 August 2014

  • 172 pages
Japan Medical Devices Report

Espicom Industry View: The Japanese medical device market remains the second largest in the world, behind only the USA. The medical device market has continued to exhi bit a slow but positive growth in local currency terms in recent years, with under half of the market supplied by imports. The market looks set to expand by a CAGR of 2.9%   in US dollar terms to 2018.

Headline Industry Forecasts

  • The Japanese medical device market remains the second largest in the world, behind only the USA. In US dollar terms, the market is projected to expand by a CAGR of 2.9%, which should see it rise from an estimated US$30,160.5mn in 2013 to US$34,854.8mn in 2018. Due to exchange rate differences, the market growth in local currency terms is expected to be higher, recording a CAGR of 3.8% during the period in question.

  • Japan is the world's third largest importer of medical devices, behind only the USA and Germany. In US dollar terms, due to exchange rate differences, imports fell by 6.9% to US$12,022.8mn in 2013, compared with US$12,915.1mn reported in 2012. In local currency terms, imports actually rose, by 13.8% over the previous year to reach JPY1,173.5bn in 2013, compared with JPY1,031.2bn reported in 2012.

  • Japan is amongst the world's top 10 largest medical device exporters. In US dollar terms, exports fell by 4.4% to US$6,721.9mn in 2013, compared with US$7,028.1mn reported in 2012. In local currency terms, exports actually grew, by 16.9% to reach JPY656.1bn in 2013, compared with JPY561.2bn reported in 2012. Based on the latest collated monthly data, exports to year ending April 2014 fell by 5.1% to US$6,620.5mn.

  • Based on figures by the Ministry of Health, Labour and Welfare (MHLW), Japanese domestic medical device production stood at JPY1,895.2bn (US$23.7bn) in 2012. This is the highest total on record, both in local currency and in US dollar terms. Japanese domestic production has grown strongly, with positive growth in 2010 to 2012, preceded by...

The Japan Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a Business Monitor International (BMI) company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Japan provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Japan Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Japan, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Japan.
  • Target Business Opportunities in the Japan Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Japan.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.


BMI Industry View
Provides industry, political and economic views. Briefly analyses the Medical Devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT analyses of the Medical Devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts
Evaluates and analyses the Medical Devices market in terms of historical and forecast trends, covering six product areas and 40+ specific product categories. In addition, presents annual and monthly import and export trade data.

Product Areas:

  • Consumables: medical dressings, suturing materials, syringes, needles & catheters, blood-grouping reagents, first-aid boxes & kits, ostomy products and surgical gloves.
  • Diagnostic Imaging: electrocardiographs, ultrasound, MRI, scintigraphic apparatus, other electrodiagnostic apparatus (i.e. patient monitors), CT scanners, other X-ray apparatus, ABC ray apparatus, contrast media, X-ray film, X-ray tubes and other imaging parts & accessories.
  • Dental Products: dental drills, dental chairs, dental X-ray, dental cements, dental instruments and teeth & other fittings.
  • Orthopaedics & Prosthetics: fixation devices, artificial joints and other artificial body parts.
  • Patient Aids: hearing aids, pacemakers, other portable aids (i.e. stents), mechano-therapy apparatus and therapeutic respiration apparatus.
  • Other Medical Devices: wheelchairs, ophthalmic instruments, hospital furniture, medical/surgical sterilisers, UV/IF apparatus, blood pressure monitors, endoscopy monitors, dialysis apparatus, transfusion apparatus and anaesthesia apparatus.

Macroeconomic Forecasts
Presents macroeconomic forecasts impacting the Medical Devices market.

Industry Risk Rewards Rankings
Industry Risk Rewards Rankings (IRRR) tool, which provides a globally comparative and numerically based assessment of the Medical Devices market’s attractiveness.

Market Overview
Assesses the Medical Devices market in the current year. Additionally, covers healthcare intelligence affecting the market, including healthcare organisation, healthcare developments and health expenditure. Includes historical healthcare data, in terms of health status, health expenditure, health infrastructure, health services and health personnel.

Industry Trends & Developments
Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory Developments
Focuses on the latest regulatory developments, covering the competent authority, the latest regulations and marketing registrations. Also, reviews key pricing & reimbursement measures.

Competitive Landscape
Values historical Medical Devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%