Japan Drug Device Combination Products Market Size & Outlook
Japan drug device combination products market, 2018-2030 (US$M)
Related Markets
Japan drug device combination products market highlights
- The Japan drug device combination products market generated a revenue of USD 8,267.5 million in 2023 and is expected to reach USD 16,113.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, transdermal patches was the largest revenue generating product in 2023.
- Infusion Pumps is the most lucrative product segment registering the fastest growth during the forecast period.
Drug device combination products market data book summary
| Market revenue in 2023 | USD 8,267.5 million |
| Market revenue in 2030 | USD 16,113.5 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Transdermal patches |
| Fastest growing segment | Infusion Pumps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Photodynamic Therapy Devices, Transdermal Patches, Wound Care Products, Infusion Pumps, Orthopedic Combination Products, Drug Eluting Stents, Inhalers, Antimicrobial Catheters |
| Key market players worldwide | Abbott Laboratories, Terumo Corp, Stryker Corp, Viatris Inc, Medtronic PLC, Boston Scientific Corp, Novartis AG ADR, Becton Dickinson & Co, Teleflex Inc, W L Gore & Associates |
Other key industry trends
- In terms of revenue, Japan accounted for 6.0% of the global drug device combination products market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China drug device combination products market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 16,994.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Drug Device Combination Products Market Scope
Drug Device Combination Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan drug device combination products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to drug device combination products market will help companies and investors design strategic landscapes.
Transdermal patches was the largest segment with a revenue share of 23.22% in 2023. Horizon Databook has segmented the Japan drug device combination products market based on photodynamic therapy devices, transdermal patches, wound care products, infusion pumps, orthopedic combination products, drug eluting stents, inhalers, antimicrobial catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Japan’s rapidly aging population, characterized by a substantial elderly demographic facing various chronic health conditions, has increased the demand for efficient and patient-friendly drug delivery methods. This demographic shift has prompted the adoption of drug-device combination products as a viable solution, supported by Japan’s healthcare system, which prioritizes technological advancements and patient-centric care.
The noninvasive nature of drug-device combination products and their ability to enhance patient adherence to treatment regimens further contribute to their acceptance & utilization in Japan. Furthermore, the growing awareness about the preventive use of medical devices to mitigate respiratory failure complications, growing advancements in healthcare infrastructure, and increasing healthcare expenditure are expected to propel market growth over the forecast period.
In addition, the rising geriatric population is considered a key driver of the drug device combination products market. According to the World Economic Forum, over 1 in 10 people in the country were aged 80 and above in 2023. Hence, the large geriatric population is boosting the prevalence of chronic diseases, including COPD and heart failure, due to high comorbidities.
Reasons to subscribe to Japan drug device combination products market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Japan drug device combination products market databook
-
Our clientele includes a mix of drug device combination products market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan drug device combination products market , including forecasts for subscribers. This country databook contains high-level insights into Japan drug device combination products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Japan drug device combination products market size, by product, 2018-2030 (US$M)
Japan Drug Device Combination Products Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
