
The medical display market in Japan is anticipated to grow at a compound annual growth rate (CAGR) of 5.12% from FY2024 to FY2032, increasing from USD 181.15 million in FY2024 to USD 270.10 million in FY2032. This expansion is driven by a rapidly aging population, rising demand for surgical procedures, and increased investments in healthcare advancements.
The growing elderly population in Japan is a key factor fueling the demand for medical displays. According to the World Economic Forum, over 10% of Japan’s population is aged 80 and above, contributing to greater dependence on healthcare services. Medical displays are integral to various diagnostic and surgical applications, including ultrasounds, MRIs, CT scans, and X-rays, assisting medical professionals in making precise diagnoses.
Additionally, strategic partnerships between healthcare institutions and medical technology companies are expected to further drive market growth. These collaborations focus on meeting Japan’s specific healthcare needs, expanding access to advanced display technologies, and fostering innovation. Cutting-edge technologies such as augmented reality (AR), artificial intelligence (AI), and machine learning (ML) are increasingly integrated into medical displays, enhancing diagnostic capabilities and enabling personalized patient care.
Rising Investments in Healthcare Drive Market Growth
Japan’s commitment to modernizing its healthcare infrastructure is a major factor driving the medical display market. The country is actively working to improve diagnostic efficiency, making it easier for healthcare professionals to evaluate patient conditions.
Several new hospitals and treatment centers are being established with state-of-the-art medical equipment, including medical displays. For instance, in October 2023, the Fujita Medical Innovation Center Tokyo was inaugurated. The facility provides advanced treatment solutions, staffed by 80 healthcare professionals, and equipped with the latest medical technologies. Such initiatives aimed at improving healthcare accessibility are expected to create significant growth opportunities for the market.
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Increasing Demand for Diagnostic Imaging
The rising prevalence of chronic diseases, along with an aging population, is driving the need for diagnostic imaging in Japan. According to a March 2024 article in the Journal of Cardiology, cardiovascular diseases cause approximately 310,000 deaths annually in the country.
The growing cases of conditions such as cancer and heart disease are increasing reliance on medical displays for precise diagnostics and patient monitoring. These displays provide real-time data on patients’ vitals, aiding in effective disease management. As a result, the demand for medical displays is expected to rise significantly.
Digitalization Efforts to Boost Market Expansion
The Japanese government is focused on enhancing healthcare services through digital transformation. Efforts to improve accessibility, sustainability, and efficiency in healthcare are driving the adoption of advanced medical technologies.
For instance, in May 2023, the Liberal Democratic Party introduced a policy titled “Towards the Realization of the Medical DX Reiwa Vision 2030,” which emphasizes standardizing electronic medical records, strengthening governance, and establishing a nationwide medical information platform. Such initiatives are expected to increase the demand for advanced medical displays, enabling seamless access to medical data for healthcare professionals.
Growing Demand for Medical Displays in Surgery
The increasing incidence of chronic and infectious diseases is driving the need for surgical procedures, further boosting demand for medical displays. These displays are critical in surgical settings as they enhance visualization, provide real-time imaging, and improve procedural precision and patient safety.
According to a report by the American Association for Cancer Research, Japan’s cancer prevalence is projected to reach 3.67 million by 2050. Many cancer treatments involve surgical interventions, such as tumor removal, tissue resection, or preventive surgeries to minimize the risk of cancer development. Additionally, biopsies and other surgical procedures are often required for cancer diagnosis. These factors are expected to fuel the adoption of medical displays in surgical applications, driving market expansion.
Future Market Outlook (FY2025–FY2032)
- The Japan medical display market is projected to witness steady growth due to the increasing prevalence of chronic diseases and a growing elderly population.
- Key industry players are prioritizing strategic partnerships, product innovations, and distribution network expansions to strengthen their market presence.
- With a focus on improving efficiency and diagnostic accuracy, demand for high-resolution medical displays is expected to rise.
- Increased investments in research and development, along with efforts to upgrade diagnostic equipment and medical technology, will further drive market demand.
Market Scope
The report “Japan Medical Display Market Assessment, Opportunities, and Forecast, FY2018–FY2032” by Markets and Data provides a detailed analysis of Japan’s medical display market, including market size, trends, opportunities, and forecasts from FY2025 to FY2032. It also profiles leading market players, covering their market share, business strategies, and competitive landscape.
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