Japan Healthcare It Market Size & Outlook, 2021-2030
Japan healthcare it market, 2018-2030 (US$M)
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Japan healthcare it market highlights
- The Japan healthcare it market generated a revenue of USD 155.9 million in 2021 and is expected to reach USD 328.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.6% from 2022 to 2030.
- In terms of segment, finance and billing was the largest revenue generating function in 2021.
- Inventory and material management is the most lucrative function segment registering the fastest growth during the forecast period.
Healthcare it market data book summary
| Market revenue in 2021 | USD 155.9 million |
| Market revenue in 2030 | USD 328.4 million |
| Growth rate | 8.6% (CAGR from 2021 to 2030) |
| Largest segment | Finance and billing |
| Fastest growing segment | Inventory and material management |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inventory and material management, Supply chain and logistics management, Patient relationship management, Finance and billing |
| Key market players worldwide | Koninklijke Philips NV, McKesson Corp, Veradigm Inc, Carestream Health - HCIS business, EMDS, Athenahealth |
Other key industry trends
- In terms of revenue, Japan accounted for 2.6% of the global healthcare it market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China healthcare it 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 643.1 million by 2030.
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Healthcare IT Market Scope
Healthcare IT Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan healthcare it 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 healthcare it market will help companies and investors design strategic landscapes.
Finance and billing was the largest segment with a revenue share of 33.23% in 2021. Horizon Databook has segmented the Japan healthcare it market based on inventory and material management, supply chain and logistics management, patient relationship management, finance and billing covering the revenue growth of each sub-segment from 2018 to 2030.
Factors such as rapid adoption of new technologies and growing popularity of at-home care & regular monitoring services are likely to propel the healthcare IT market in Japan. Robot for Interactive Body Assistance (RIBA), an IT-enabled robot for geriatric patients, is an example of Japan adopting digital solutions for patient monitoring.
For instance, Seiko Epson Corporation has developed a smartwatch integrated with a GPS sensor and an optical heartrate motion sensor that measures sleep cycles, heart rate, and stress burden without the need for a separate chest strap.
The digital ecosystem in Japan is likely to help improve communication between patients and doctors. However, the digital ecosystem in the country is currently unevenly developed. Only one or two mobile applications have been approved by the Japanese government due to safety and accuracy concerns. More research on mobile apps is required to improve approval rates.
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Our clientele includes a mix of healthcare it market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan healthcare it market , including forecasts for subscribers. This country databook contains high-level insights into Japan healthcare it market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan healthcare it market size, by function, 2018-2030 (US$M)
Japan Healthcare IT Market Outlook Share, 2021 & 2030 (US$M)
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