Japan Medical Market

japan medical market

Japan possesses one of the most successful medical industries in the world. Although Japan’s population as a whole is declining, its number of retirees is increasing, driving the demand for medicine in the years to come. International medical companies looking to penetrate this market can turn to Pacific Bridge Medical for assistance in developing business or regulatory strategies, and more. Our Tokyo office can provide you with on the ground assistance and expertise.

Japan Medical Device Market Size

  • $34 billion
  • Projected Growth Rate: 3.8%

Japan Pharmaceutical Market Size

  • $100 billion
  • Projected Growth Rate: 2.5%

Japan Economic Statistics and Demographics

  • GDP (PPP): $5.8 trillion
  • Per Capita GDP (PPP): $42,797
  • Real GDP Growth Rate: 1.7%
  • Population (millions): 127
  • Ethnic Diversity: 98.5% Japanese, 0.5% Korean, 0.4% Chinese, 0.6% other
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