MEDICAL & Device NEWS By Proclinical
Who are the top medical device manufacturers in Japan in 2020?
Japan stands as one of the world’s top contributors to the medical devices market. medical devices market in Japan is predicted to grow by JP¥695 billion (US$6.65 billion) between 2020-2024. This innovative industry continues to expand against the background of an ageing population and the unmet needs for minimally invasive treatment. We have ranked the leading medical device companies in Japan by 2019 revenue, looking at their medical devices segment results only. The list below shows the top 10 leading Japanese medical device companies in 2020:
10. Shimadzu Corporation Shimadzu Corporation is a Japanese company that specialises in manufacturing precision instruments, measuring instruments and medical equipment such as X-ray TV systems and angiography systems. With increased sales of diagnostic X-ray systems in Japan, the medical systems segment rose by 1.6% on a year-on-year basis.
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ASIA PHARMED & HEALTHCARE THAILAND
9. Menicon In ninth position is Japan’s largest contact lens manufacturer, Menicon. founded in 1951 and now operating in over 80 countries. In 2019, the company’s total consolidated sales were JP¥84.5 billion up by 4.4%.
8. Konica Minolta Japanese multinational, Konica Minolta, is a technology company headquartered in Marunouchi, Tokyo. Konica Minolta’s Healthcare business sales increased by 3.4% in fiscal 2019. At the start of 2020, the FDA approved the company’s new dynamic X-ray system that enables the visualisation of lung functions, this is expected to boost the company’s earnings in the next fiscal year.
