Japan Medical Devices Market 2023-2030

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    JAPAN MEDICAL DEVICES MARKET

     

    INTRODUCTION

    Any apparatus employed in the diagnosis, mitigation, therapy, or prevention of disease and not exerting its effect chemically is referred to as a medical device.

    Infographics-Japan Medical Devices Market, Japan Medical Devices Market Size, Japan Medical Devices Market Trends, Japan Medical Devices Market Forecast, Japan Medical Devices Market Risks, Japan Medical Devices Market Report, Japan Medical Devices Market Share

     

    Medical devices come in a wide variety of complexity and vary from two tongue depressors to highly advanced computerised medical equipment.

     

    Medical devices, as defined by the World Health Organization (WHO), are items whose principal intended mode of action is not immunological, metabolic, or pharmacological in nature.

     

    Medical equipment are classified using a number of worldwide standards. The WHO is now striving to harmonise the nomenclature for medical devices, which is expected to have a substantial impact on patient safety. This is crucial for locating any complaints of negative incidents and recalls.

     

    JAPAN MEDICAL DEVICES MARKET SIZE AND FORECAST

     

    The Japan Medical Devices market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    MARKET DYNAMICS

    Kaneka Corporation has made the decision to construct a new medical device manufacturing facility in Hokkaido’s Tomakomai Tohbu Industrial Area, in northern Japan.

     

    The brand-new facility will be a “smart factory” that boosts productivity by modernising and automating its production methods. It will quicken Kaneka’s global business expansion and satisfy brisk global demand. The Medical Solutions Vehicle is about to enter a new phase of action.

     

    Through the Medical SV, Kaneka conducts business for medical devices both in Japan and abroad. Sales of the medical devices that it also intends to manufacture at the new facility are continuously increasing as a result of the expansion of the U.S. market applications for such gadgets.

     

    The Medical SV (intervention, blood purification device, etc.), which offers a wide range of products, and the Pharma Solutions Vehicle (small molecule pharmaceuticals, biopharmaceuticals, etc.), which offers helpful products to pharmaceutical firms all over the world, are both parts of Kaneka’s Health Care

     

    Solutions Unit and serve as key players in the company’s transformation of its business portfolio.

     

    The fourth location in Asia-Pacific for Singapore’s NDR Medical, a manufacturer of medical equipment, is now open in Tokyo, Japan. The business also has operations in Malaysia and China.

     

    In conjunction with its launch, the business will work with two Japanese university hospitals to perform a multi-site trial for its Automated Needle Targeting with X-ray (ANT-X) technology. Over a hundred patients will be included in the experiment, which is scheduled to start in the second quarter.

     

    The results of the future trial will be incorporated into the company’s application to the Pharmaceuticals and Medical Devices Agency for approval of its robotic intervention device.

     

    NEW PRODUCT LAUNCH

    The Shockwave C2 Coronary IVL Catheter has been given the go-ahead in Japan by Shockwave Medical, Inc., a pioneer in the development of intravascular lithotripsy (IVL) to treat severely calcified cardiovascular disease.

     

    The Shockwave C2 Coronary IVL Catheter has been classified as a new medical device by the Japan Pharmaceuticals and Medical Devices Agency (PMDA), and Shockwave will now wait for reimbursement certification from the Japanese Ministry of Health, Labour, and Welfare (MHLW). In a Japanese population, coronary IVL has unmistakably shown its capacity to safely and successfully treat severely calcified coronary lesions. 

     

    The Japanese Pharmaceuticals and Medical Devices Agency (PMDA) has given its approval for AVITA Medical, Inc. to market the RECELL System in Japan. AVITA Medical, Inc. is a regenerative medicine company that is developing and commercializing a technology platform that enables point-of-care autologous skin restoration for numerous unmet needs.

     

    The approval was promoted by COSMOTEC, an M3 Group company and AVITA Medical’s distribution partner. In order to cure severe burns and drastically reduce the amount of donor skin needed, the RECELL System is utilized to manufacture Spray-On Skin Cells using a little bit of a patient’s own skin. Depending on the severity of the burn injury, the RECELL System can be employed at the point of care either by itself or in conjunction with autografts.

     

    Canon Medical said that the 80/160-slice Aquilion Serve CT scanner is now offered globally. It was created for crowded medical imaging departments, and it provides consistent imaging results with less training, better image quality, reduced radiation dose, and faster throughput, freeing up more time for patient care.

     

    The most economical option for all standard exams, including cardiac and trauma, is Aquilion Serve. Its freshly created 80-cm wide-bore gantry has two user-friendly touch screens, built-in cameras, and automatic one-touch patient positioning capabilities.

     

    The next-generation INSTINX workflow solution is also introduced, which blends AI-enabled automation with cutting-edge hardware and a simple user interface to offer quick, simple, and secure CT exams. The new procedure also significantly cuts down on how long operators must train.

     

    RECENT PRODUCT DEVELOPMENT AND INNOVATION

    Japan is taking steps to encourage the creation and sale of software as a medical device (SaMD). The Government of Japan (GOJ) has consistently taken steps to enhance the regulatory review procedure for medical devices, most notably focusing on standalone medical software, also known as Software as a Medical Device (SaMD).

     

    Japan still lags behind other nations in the field of digital health. For instance, the U.S. approves five times more SaMD devices than Japan does, including those that make use of AI (artificial intelligence) and machine learning.

     

    The Ministry of Health, Labour and Welfare (MHLW) has recently taken a number of actions to encourage early SaMD product commercialisation in response to this need. DASH for SaMD, or Digital Transformation Action Strategies in Healthcare for SaMD, is the name of the plan that was introduced.

     

    The Pharmaceutical and Medical Device Agency (PMDA), which is comparable to the FDA in the United States, also established an office specifically for SaMD development after then. A SaMD study group was also established by MHLW under one of its advisory councils, and an integrated contact desk was set up in partnership with PMDA to answer questions on application requirements, regulatory matters, and reimbursement.

     

    A medical device to be used on the Illuminox platform will advance thanks to a cooperative development and commercialization agreement between Rakuten Medical, Inc. and Shimadzu Corporation. This collaboration will make it possible to create a medical tool that supports photoimmunotherapy for the treatment of cancer.

     

    Based on this collaboration, the two businesses will pool their resources to build technologies that will enable real-time observation, measurement, and recording of the dye’s response to light irradiation.

     

    Depending on the tumour, this will enable light irradiation to be optimised. Both businesses will work together to promote the global commercialization of the medical device employing the technology.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Medical Devices are manufactured per annum in  Japan? Who are the sub-component suppliers in this regions?
    2. Cost breakup of a  Japan Medical Devices and key vendor selection criteria
    3. Where is the Medical Devices manufactured? What is the average margin per unit?
    4. Market share of  Japan Medical Devices market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture  Japan  Medical Devices in-house
    6. key predictions for next 5 years in  Japan Medical Devices market
    7. Average B-2-B Medical Devices market price in all segments
    8. Latest trends in Medical Devices market, by every market segment
    9. The market size (both volume and value) of the Medical Devices market in 2023-2030 and every year in between?
    10. Production breakup of Medical Devices market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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