Latest News- Medical Devices Market in Japan: Diagnostic devices is expected to lead the Product Type segment during 2025-2029

The Medical Devices Market in Japan is being driven by Increasing demand for minimally invasive procedures

The Medical Devices Market in Japan is expected to grow at a CAGR of 7.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 17380.2 million. In Japan, the medical devices market is witnessing significant growth due to the introduction of advanced technologies enhancing disease diagnosis and treatment. Regenerative medicine, surgical robots, liquid biopsy, and wearable medical devices are among the innovative technologies gaining prominence. Regenerative medicine, specifically, is revolutionizing healthcare through its potential to repair or replace damaged human cells, tissues, and organs using therapeutic stem cells, tissue engineering, and artificial organ production. Three-dimensional bioprinting or additive manufacturing is a key technology in regenerative medicine, enabling precise control over product size, shape, pore size, geometry, and mechanical properties. This technology is utilized extensively by researchers to study the effects of drugs and treatments on human tissues, involving the actual patient. 

Get more information on Medical Devices Market in Japan by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product Type
  • Diagnostic devices
  • Therapeutic devices
  • Monitoring devices
  • Assistive and rehabilitation devices
  • Others
• Application
  • Cardiovascular
  • Orthopedic
  • Diagnostic imaging
  • Dental
  • Others
• End-user
  • Hospitals and clinics
  • Diagnostic centers
  • Others
• Geography
  • Japan

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for minimally invasive procedures
• Technological advancements in cardiac monitoring and cardiac therapy devices
• Growing adoption of diagnostic imaging technology

However, the market also witnesses some limitations, which are as follows:

• Limitations of medical devices and product recalls
• Cybersecurity risks associated with medical devices
• Challenges with integration of advanced technologies with medical devices

Benefits of Buying Global Medical Devices Market in Japan Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Medical Devices Market in Japan Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

In Japan, medical device companies and biotech startups are driving innovation in the healthcare sector through investments in digital health, precision medicine, and personalized medicine. AI, machine learning, data analytics, big data, and cloud computing are transforming medical devices, from wearable devices and imaging techniques like CT scans, to surgical procedures such as minimally invasive surgery, robotic surgery, and laser surgery. Tissue engineering and regenerative medicine are also advancing, along with the development of anti-infective agents and anti-cancer drugs. The medical device industry in Japan is at the forefront of technological progress, incorporating the latest technologies to improve patient care.

Market Research Overview

In the global healthcare landscape, Technavio identifies the medical devices market in Japan as a significant segment within the broader healthcare equipment market. This market encompasses a range of products and companies specializing in research and development (R&D) of medical devices, such as diagnostic imaging equipment, surgical instruments, healthcare IT solutions, medical robotics, biocompatible materials, implantable devices, and advanced, differentiated, and clinically tested data-driven devices. The size of the global healthcare equipment market is determined by the combined revenue generated by manufacturers of these various diagnostic equipment and devices, spanning diverse therapy areas. The healthcare equipment industry is segmented into Devices, which includes the aforementioned categories.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/