Digital Health Opportunities in Japan - MARKET RESEARCH REPORT

Japan stands as the world’s 3rd largest economy and healthcare market in the world. 

With a population of approximately 120 million people, of which over 30% are projected to be 60 years or older within a decade, Japan’s healthcare market will continue to grow –projected CAGR 4% from 2018 to 2024.

At the same time, Japan is lagging with regard to the digitalization of the healthcare market, and both the public and private sector stakeholders are actively looking for new digital solutions. The use of electronic medical records hover around 30-40% in Japan (compared to close to 100% in Nordics), and healthcare/pharmaceutical was a top-10 most funded sector by VC firms in Japan in 2019. 

Nordic Innovation House Tokyo (NIH Tokyo) has selected Digital Health as a focus area for its activities moving forward together with the Nordic Trade Promotion Offices in Japan, creating opportunities for Nordic startups, scaleups, and growth companies to tap into and expand to the growing market in Japan. 

DIGITAL HEALTH OPPORTUNITIES IN JAPAN - MARKET RESEARCH REPORT 

Financed by Innovation Norway and Business Sweden, and conducted together with NIH Tokyo, in 2021 we have compiled a Digital Health Opportunities in Japan Market Report. The report gives a holistic overview of the healthcare sector in Japan, digitalization opportunities, digital health stakeholder mapping, and a business model analysis. Access to the report and the pitch deck is free of charge below. 

Access the full report HERE

Access a shorter deck HERE 

Check out our VIDEO Module on Innovation Norway’s Competence Center for key takeaways of the report.

On June 15th, 17:00-18:30 JST we held a Report Launch Webinar event, where we went through the main findings, invite keynote speakers from Japan as well as Nordic digital health companies to share their first-hand experiences. You can watch the recording here.

GET IN TOUCH

Are you representing a Nordic digital health company, cluster or research institution, business development/investment promotion agency, or an investor in this field? Please contact NIH Tokyo to hear more about our plans for 2021 and moving forward with activities and opportunities in Japan related to digital health.

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