Japan is one of the 10 largest export markets for the Healthcare Tech industry, with an established history of welcoming imported medical technology (45% of the medtech market). The Japanese population is aging at a fast rate (30% of pop. above the age of 65 by 2025), and the specific issues and new needs associated with a super-aging society are especially clear in the healthcare sector, at all levels.
The Government aims at implementing structural and systemic reforms. Innovation is encouraged and supported with some major priorities in mind: the effective use of Big Data in the area of health; a general drive to improve patient outcomes for cost-saving purposes; the launch of the Personal Health Record.
To reach those goals, legal changes allowing the use of smartphones as medical devices or telemedicine in general were recently implemented, creating the necessary space for the launch of innovative solutions.
Let’s talk about your Healthcare Tech business in Japan. We open doors for you.