The market is dominated by foreign suppliers, as imports account for 58.0% of total market size in 2023. B2B drives market demand, with B2B spending representing 100.0% of total demand in 2023. Japan has the second largest market size for medical and surgical equipment regionally, with demand reaching USD24.3 billion in 2023. Nipro Corp is the largest company in Japan, generating 17.6% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 63.1% of total production value in 2023. The total number of companies decreases in 2023, to 6,480 units. The costs of the industry decrease by 9.5% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 11.7% of production value in 2023, the 13th highest regionally. The industry’s exports share increases in 2023 to 41.3% of total production output. With production value of USD14.3 billion, Japan accounts for 13.4% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Medical and Surgical Equipment in Japan: ISIC 3311. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Medical and Surgical Equipment in Japan: ISIC 3311 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Pharmaceuticals and Medical Equipment is an aggregation of Pharmaceuticals, Medical and Surgical Equipment.
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