The Health & Beauty segment in Japan registered Market value of USD 99,019.56 Millions in 2023
The indicator recorded a historical decline (CAGR) of 4.98% between 2020 to 2023, and is expected to grow by...
GlobalData projects the indicator to grow at a CAGR of...
The health care equipment & supplies market analyzes manufacturers of health care equipment, medical devices and supplies. The market profile covers disposable equipment and supplies such as syringes, catheters, electrodes, sutures, bandages, implantable prostheses, orthotics and prosthetics; otologic & technical aids such as hearing aids and wheelchairs; ophthalmic equipment such as eyeglasses, contact lenses and ophthalmoscopes; in-vitro diagnostics such as devices for clinical chemistry, microbiology, immunology and genetic tests; and other equipment such as imaging equipment and films and equipment for radiotherapy, dialysis, endoscopy, anesthetics, etc.
The Japanese health care equipment & supplies market experienced healthy growth during the historic period with an exception in 2020.
The market is expected to grow at a healthy rate over the forecast period. The market was affected greatly in 2020 by the COVID-19 outbreak. The coronavirus pandemic had a negative impact on the consumption of the majority of products supplied by market players. This is because those products were associated with surgical procedures or patients labeled as non-urgent, due to prioritizing coronavirus patients.
Category segmentation
Other equipment is the largest segment of the health care equipment & supplies market in Japan, accounting for the majority of the share of the market's total value.
The disposable equipment & supplies segment accounts for the second-largest share of the market.
Geography segmentation
Japan accounts for the significant share of the Asia-Pacific health care equipment & supplies market value.
China accounts for the largest share of the Asia-Pacific market.
Who are the leading players?
Johnson & Johnson (J&J) is the largest provider of health care equipment & supplies in Japan. The company is based in Brunswick, New Jersey, the US and offers pharmaceuticals in the therapeutic areas of immunology, oncology, neuroscience, infectious diseases and vaccines, pulmonary hypertension, cardiovascular and metabolism.
Siemens Healthineers A.G. (Siemens) is the second-largest provider of health care equipment & supplies in Japan. The company is based in Bayern, Germany and is a medical technology company that manufactures and markets clinical diagnostics and therapeutic systems.
Canon Inc (Canon) is the third-largest provider of health care equipment & supplies in Japan. The company is based in Tokyo, Japan and its product portfolio comprises of office multi-function devices, 3-D machine vision systems, network cameras, scanners, SLR cameras, paper copying machines, printers, cameras, binoculars, semiconductor lithography equipment and flat panel display lithography equipment.
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