Japan Digital Patient Monitoring Devices Market Size & Outlook
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- Digital Health
- Digital Patient Monitoring Devices Market Outlook
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Japan digital patient monitoring devices market highlights
- The Japan digital patient monitoring devices market generated a revenue of USD 6,789.9 million in 2023 and is expected to reach USD 37,241.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 27.5% from 2024 to 2030.
- In terms of segment, wearable devices was the largest revenue generating type in 2023.
- MHealth is the most lucrative type segment registering the fastest growth during the forecast period.
Digital patient monitoring devices market data book summary
| Market revenue in 2023 | USD 6,789.9 million |
| Market revenue in 2030 | USD 37,241.4 million |
| Growth rate | 27.5% (CAGR from 2023 to 2030) |
| Largest segment | Wearable devices |
| Fastest growing segment | MHealth |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wireless Sensor Technology, MHealth, Telehealth, Wearable Devices, Remote Patient Monitoring |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, AT&T, Athenahealth, Abbott Laboratories, Koninklijke Philips NV, Hill-Rom, Medtronic PLC, OMRON Corp, Fitbit, Garmin Ltd, ResMed Inc, Siren |
Other key industry trends
- In terms of revenue, Japan accounted for 4.8% of the global digital patient monitoring devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan digital patient monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 34,579.5 million by 2030.
Japan is one of the lucrative markets for digital patient monitoring devices in the Asia Pacific region. The factors such as availability of advanced products, growing awareness regarding patient monitoring devices and presence of well-established companies, is expected to boost the market growth.
Cardiovascular diseases are a major cause of mortality and morbidity in Japan. According to the Ministry of Health, Labour, and Welfare of Japan, approximately 162 males per 100,000 population perished from heart diseases in Japan in 2018, an increase from approximately 135 men per 100,000 inhabitants in 2007.
Heart diseases, apart from hypertensive heart diseases, were the second leading cause of death in the country's male population in 2018, after malignant neoplasms. It is therefore expected to have a positive impact on the market. Therefore, the growing burden of such diseases is expected to increase the demand for monitoring systems in the market during the forecast period.
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Digital Patient Monitoring Devices Market Scope
Digital Patient Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE HealthCare Technologies Inc Common Stock | View profile | 51,000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | www.gehealthcare.com |
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| ResMed Inc | View profile | 10,140 | 9001 Spectrum Center Boulevard, San Diego, CA, United States, 92123 | www.resmed.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| OMRON Corp | View profile | 28,034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | www.omron.co.jp |
| Garmin Ltd | View profile | 19,900 | Muhlentalstrasse 2, Schaffhausen, Switzerland, 8200 | www.garmin.com |
| Hill-Rom | View profile | 10001+ | Chicago, Illinois, United States, North America | www.hillrom.com/ |
| Fitbit | View profile | 251-500 | San Francisco, California, United States, North America | www.fitbit.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | www.att.com |
Japan Digital Patient Monitoring Devices Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Digital Patient Monitoring Devices Market Outlook will help companies and investors design strategic landscapes.
Wearable Devices was the largest segment with a revenue share of 31.3% in 2023.
Horizon Databook has segmented the Japan digital patient monitoring devices market based on wireless sensor technology, mhealth, telehealth, wearable devices, remote patient monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one of the lucrative markets for digital patient monitoring devices in the Asia Pacific region. The factors such as availability of advanced products, growing awareness regarding patient monitoring devices and presence of well-established companies, is expected to boost the market growth.
Cardiovascular diseases are a major cause of mortality and morbidity in Japan. According to the Ministry of Health, Labour, and Welfare of Japan, approximately 162 males per 100,000 population perished from heart diseases in Japan in 2018, an increase from approximately 135 men per 100,000 inhabitants in 2007.
Heart diseases, apart from hypertensive heart diseases, were the second leading cause of death in the country's male population in 2018, after malignant neoplasms. It is therefore expected to have a positive impact on the market. Therefore, the growing burden of such diseases is expected to increase the demand for monitoring systems in the market during the forecast period.
- Japan Digital Patient Monitoring Devices Market Type Outlook (Revenue, USD Million , 2018-2030)
- Wireless Sensor Technology
- mHealth
- Telehealth
- Wearable Devices
- Remote Patient Monitoring
- Japan Digital Patient Monitoring Devices Market Product Outlook (Revenue, USD Million , 2018-2030)
- Diagnostic Monitoring Devices
- Therapeutic Monitoring Devices
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Digital Patient Monitoring Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Digital Patient Monitoring Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Digital Patient Monitoring Devices Market, 2018-2030 (US$M)
Japan Type - Digital Patient Monitoring Devices Market Statistics, 2023 - 2030 (US$M)
