The Japanese home medical equipment market is anticipated to grow at a CAGR of 6.2% during the forecast period. The high prevalence of chronic diseases and high geriatric population base in the country is one of the major factors for the significant demand for home medical equipment in the country. Moreover, favorable government policies are supporting the home medical equipment industry in Japan. For instance, Japan introduced LTCI (Long-Term Care Insurance) in 2000 under which people aged over 65 years and people with 40-64 years of age with age-related diseases are entitled to avail of long-term care services at home or in facilities, irrespective of income level and availability of family caregiving. However, the lack of nursing care workers in Japan is one of the major challenges for the healthcare industry.
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The Japanese home medical equipment market is segmented based on the type and distribution channel. By type, it is further sub-segmented into diagnostic and monitoring devices, therapeutic devices, mobility care devices, and medical furniture. Diagnostic and monitoring devices holds a major market share in the country. The diagnostic and monitoring devices include blood pressure monitoring devices, glucose monitoring devices, oxygen & airflow monitoring devices, temperature monitors, baby monitors, and others. Other include pregnancy and ovulation kits, INR self-monitors HIV kits, among others. The therapeutics devices include dialysis equipment, respiratory equipment, cold therapy system, insulin delivery equipment, and others. Respiratory equipment is expected to hold a major market share in the therapeutic device segment. Mobility care devices include wheelchairs, mobility scooters, and walkers, rollators, canes, & crutches. Medical furniture sub-segment includes bathroom safety furniture and bedroom safety furniture. Based on the distribution channel, the market is bifurcated into online and offline channels.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Japan Home Medical Equipment Market by Type
- Diagnostic and Monitoring Device
- Blood Pressure Monitors
- Glucose Monitoring Devices
- Oxygen & Air Monitoring Devices (Pulse Oximeter, Peak Flow Meters)
- Temperature Monitor
- Baby Monitor
- Others (Pregnancy and Ovulation Kits, INR self-monitors, Holter & Event Monitors, HIV Test Kit, Vital Signs Monitors)
- Therapeutic Devices
- Dialysis Equipment
- Respiratory Equipment (Sleep Apnea Devices, Oxygen Concentrator, Nebulizer, Inhalers, Oxygen Cylinders, PEP Devices)
- Cold Therapy System
- Insulin Delivery Equipment
- Others (Ventilators)
- Mobility Care Devices
- Wheelchair
- Mobility Scooters
- Walkers, Canes, and Crutches
- Medical Furniture
- Bathroom Safety Furniture (Toilet Safety Rail, Bathtub Safety Rail, Grab Bar, Bath Chair)
- Bedroom Safety Furniture (Bed Rail, Overbed Table, Lift Chair)
Japan Home Medical Equipment Market by Distribution Channel
- Online Channel
- Offline Channel
Company Profiles
- A&D Co. Ltd.
- Abbott Laboratories
- Braun Melsungen AG
- Baxter International Inc.
- Cardinal Health Inc.
- Hoffmann-La Roche Ltd.
- Fresenius SE & Co. KGaA
- General Electric Co.
- Invacare Corp.
- Inspire Medical Systems, Inc.
- Koninklijke Philips N.V.
- Matsunaga Manufactory Co., Ltd.
- Medtronic PLC
- Omron Corp.
- ROHTO Pharmaceutical Co., Ltd. (dotest)
- Stryker Corp.
- Suzuki Motor Corp.
- Swiss Precision Diagnostics GmbH (Clearblue)
- Takeda Consumer Healthcare Co. Ltd. (HiTester)
- WHILL Inc.
The Report Covers
- Comprehensive research methodology of the Japan home medical equipment market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Japan home medical equipment market.
- Insights about market determinants that are stimulating the Japanese home medical equipment industry.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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