The Japan telemedicine market size stood at around USD 220 million in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period. Modern ICTs are revolutionizing how individuals communicate with each other, seek and exchange information, and enriching their lives. These technologies have great potential to help address modern health issues. These recent advancements in, and increasing availability and utilization of, ICTs have been creating new possibilities for health care service and delivery. The replacement of analogue forms of communication with digital methods, combined with a rapid drop in the cost, have sparked wide interest in the application of telemedicine, and have enabled health care organizations to envision and implement new and more efficient ways of providing care. The introduction and popularization of the Internet have further accelerated the pace of ICT advancements, thereby expanding the scope of telemedicine to encompass Web-based applications (e.g. e-mail, teleconsultations and conferences via the Internet etc.) and multimedia approaches (e.g. digital imagery and video etc.) Market Drivers Several factors are contributing to the rapid rise of telehealth companies as the sector looks beyond tele stroke, remote patient monitoring, and other routine services. Specialized fields are starting to invest in telemedicine apps and software programs. New features like Artificial Intelligence, predictive analytics, and automated data collection are being used to lower the cost of care, improve patient engagement and accessibility. Regulatory agencies are also adopting the idea of digital healthcare, opening the door for new companies to capitalize on this trend. Type of Services Telemedicine services are further sub-classified into telemonitoring, tele-consulting, and tele-education. The telemonitoring segment is expected to grow over the forecast period owing to the increasing base of geriatric population requiring home assistance for care delivery. The Tele-consulting segment is anticipated to be the lucrative segment over the forecast period owing to the rising initiatives by the government for telehealth implementation projects and high demand for video conferencing solutions. Visit https://insights10.com/ for more healthcare industry insights. Connect with us @ info@insights10.com

1. Japan Telemedicine
Market Analysis
Japan Telemedicine Market Analysis including Market Size,
Market Segmented by Types of Products, End Users and Key
Competitors
(Data forecasts from 2021 – 2030)

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Table of content
1. Methodology and Scope……………………………………………………………………………………………………………….….………………………………06
a. Research Methodology
b. Analysis Methodology
c. Key Benefit for Stakeholders from this report
2. Japan Telemedicine: Market Overview……….……………………………………………………………..…………………………………………………...........10
a. Market Size
3. Japan Telemedicine Market Analysis: Growth Drivers & Restraints………..........…..………………….…….…..……………………………………………...12
• Growth Drivers
a. Growing Prevalence of telemedicine
b. High Demand for Telemedicine
c. Mobile Applications leading to rise in demand
d. Increasing Government Support
• Restraints
a) Older aged physicians are reluctant to embrace digital technologies
b) Underuse of healthcare information technology (IT) systems
4. Japan Telemedicine Market Analysis: Type of Services …………………………………….…………………………………………….…………………….....20
a) Tele monitoring
b) Tele consulting
c) Tele education

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Table of content (continued)
5. Telemedicine Market Segmentation……………………………………………………………………………………………………………………………………..22
A. By Product
I. Software
II. Hardware
III. Others
B. By Application
I. Teleradiology
II. Teleconsultation
III. Telecardiology
6.Telemedicine Major Products Market Share ……….…………………………………………………………………………………………..................................26
A. Market Analysis, Insights and Forecast – By Revenue
7. Competitive Landscape…………………………………………………………………
A. Major Players
8. Key Company Profiles…………………………………………………………………..
A. Philips Company overview, Product & Services, Strategies & Financials
B. Mitsubishi Corp Company overview, Product & Services, Strategies & Financials
C. Micin Company, Product & Services, Strategies & Financials
9. Healthcare Policies and Regulatory Landscape…………………………………………………………………………………………………………...…………37

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Table of content (continued)
A. Policy changes and Reimbursement scenario
10. Factors Driving Future Growth…………………………………………………………………………………………………………………………………………39
A. New Trends and Development of Telemedicine market
B. Future Opportunities
11. Conclusion…………………………………………………………………………………………………………………………………………………………………42

5. Methodology and Scope

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Methodology and Scope
Research Methodology
 Insights 10’s research methodology delves deep into the market, covering the macro and micro aspects of the industry. We identify the key growth drivers,
opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our
clients make informed strategic decisions
 We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial phase of our study
where we conducted extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material,
technical journals, trade magazines, and paid data sources
 For forecasting, the following parameters were considered:
 Market drivers and restraints along with their current and expected impacts
 Technological scenario and expected developments
 End use industry trends and dynamics
 Trends in the consumer behavior
 Regulatory scenario and expected developments
 Current capacity and expected capacity additions up to 2030
 We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth
rate
 We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time-sensitive, reflecting the
most recent value and volume of the market across regions
 All our estimates and forecasts were verified through exhaustive primary research with the Key Industry Participants (KIPs)

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Methodology and Scope (continued)
Analysis Methodology
Final
Market Size
Validation from Primary
Interview
Summation of Revenue Generated
from Companies to Arrive at Total
Market Size
Revenue Generated by Products and Services
offered by Companies
Final Market Size Break-up to Rest of
Segmentation
(i.e., Product and Services, Type, Specialty,
Delivery Mode and Geography, etc.
Arriving at the Market Size of
each Segment
Data Validation
with Primary
Interviews
Top-down Analysis
Bottom-up Analysis

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• The information gathered is then analyzed and synthesized. The
market research report is presented in different forms such as charts
by using a scientific approach for easy understanding
• Market Trends such as Drivers, Restraints, Opportunities,
Challenges. An intensive cross-verification and validation process
• Company Reports and Publications, Government Data, Financial
Reports of Key Industry Players, Press Releases, Scientific and
Industry Publications and Whitepapers
Methodology and Scope (continued)
Analysis Methodology
The data presented is comprehensive, reliable, and the result of extensive research, both primary and secondary
Data Collection
• Primary Interviews (Industry
Participants, Outside experts)
• Secondary Data
Market Data Analysis &
Statistical Model
• Market Trends
• Market Sizing and Analysis
• Data Triangulation & Validation
Interpretation and
Presentation
• Analysis & Interpretation
• Insights
• Presentation & Reporting

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Methodology and Scope (continued)
The study provides an in-depth analysis of the Japan Telemedicine market with current trends and future estimations to
elucidate the imminent investment pockets
Key Benefit for Stakeholders from this report
Our tools provides stakeholders with a cohesive understanding of the industry outlook, considering the qualitative and
quantitative industry variables
Comprehensive analysis of factors that drive and restrict the market growth is provided
Comprehensive quantitative analysis of the industry from 2021 to 2030 is provided to enable the stakeholders to capitalize on
the prevailing market opportunities
Extensive analysis of the key segments of the industry helps understand the applications and technologies used globally
Our rigorous data collection, thorough statistical analysis and specialist assessments ensure that our clientele has a greater
understanding of the industry space, supply chain, price fluctuations, competitive landscape, and other vital factors

10. Japan Telemedicine Market Analysis: Market
Overview

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Japan Telemedicine Market Analysis (Current and Forecasted)
Japan Telemedicine Market Size (Bn) 2021-2029F
 The Japanese telemedicine market size is projected to
reach USD 34.7 billion by 2030
 Modern ICTs (Information and Communication Technology)
are revolutionizing how individuals communicate with each
other, seek and exchange information, and enriching their
lives. These technologies have great potential to help
address modern health issues
 The replacement of analogue forms of communication with
digital methods, combined with a rapid drop in the cost,
have sparked wide interest in the application of
telemedicine, and have enabled health care organizations
to envision and implement new and more efficient ways of
providing care
 Web-based applications (e.g. e-mail, teleconsultations and
conferences via the Internet etc.) and multimedia
approaches (e.g. digital imagery and video etc.)
Key Analysis
2021 2022F 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F

12. Japan Telemedicine : Growth Drivers and
Restraints

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Market growth drivers and restraints
High demand for
telemedicine
Growing prevalence
of telemedicine
Impact
Market
drivers
Senior physicians
are reluctant to
embrace digital
technologies
Underuse of healthcare
information technology
(IT) systems
Market
restraints
Impact
Impact
Mobile Applications
leading to rise in
demand
Increasing
government support
People are Reluctant to
adopt Telemedicine

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Market Growth Drivers (continued)
1. Growing prevalence of telemedicine
Several factors are contributing to the rapid rise of telehealth companies as the sector looks beyond tele stroke, remote
patient monitoring, and other routine service
Sample
Sample

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Market Growth Drivers (continued)
2. High demand for telemedicine
It is observed that half of the population in Japan is actively using telemedicine services and finds the service reliable
Sample
Sample

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Market Growth Drivers (continued)
Specialized fields are starting to invest in telemedicine apps and software programs
3. Mobile Applications leading to rise in demand
New features like Artificial Intelligence, predictive analytics, and automated data collection are being used to lower the cost
of care, improve patient engagement and accessibility
Sample

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Market Growth Drivers (continued)
Regulatory agencies are also adopting the idea of digital healthcare, opening the door for new companies to capitalize on
this trend
4. Increasing Government Support
Sample
Sample

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Market Restraints
Rapid innovation in telemedicine sometimes makes it difficult for the older physician to upgrade immediately considering it
takes time for them learn a technology. So, to learn and unlearn rapidly is a task for them
1. Senior physicians are reluctant to embrace digital technologies
The upcoming applications and high end AI platforms makes the application very difficult for them to understand which
hampers their work efficiency
Sample

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Market Restraints (continued)
Electronic Health Record (EHR) is being underused that is also acting as a barrier for telemedicine. Most health records
continue to be kept as hard copy, such as prescription books, and hospitals are not connected by a central platform
2. Underuse of healthcare information technology (IT) systems
Sample
Sample

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Market Restraints (continued)
Japan is considered to be dominated by the aged population which makes difficult for them to use telemedicine technology
3. People are Reluctant to adopt Telemedicine
Technology advancement is in itself is the biggest barriers for companies venturing into the space.Companies have to
focus on innovation to make telemedicine easily accessible and usable for the aging population
Sample

21. Japan Telemedicine: Type Of Services

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Types of Services
Tele Monitoring
 There are various firms like Japan
Telemedicine Platform that
measures data from supported
devices and uploads on cloud
automatically , this thus provides
suitable instruction to patients
unable to contact a doctor. There is
another firm aiixon that is making
remote healthcare accessible to
elderly
Sample
Tele Consulting
 Japan’s market for technology
providing tele consulting=g is set to
grow by 60% to nearly 20 billion yen
($185 million) in the five years to
March 2024
Diagnostics Dental Services
Sample
Sample
Diagnostics Dental Services
Tele Education

23. Japan Telemedicine Market Analysis: Market
Segmentation

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Japan Telemedicine Market Segmentation
By Product
Japan Telemedicine Market Segmentation
By Application
Software
Hardware
Teleradiology
Others
Teleconsultation
Telecardiology

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Market Segmentation: By Product
Japan Telemedicine By Generation 2021
 The product segment dominated the market for
telemedicine and accounted for the largest revenue share.
The product segment is further divided into software,
hardware, and others
 The hardware segment is expected to hold the largest
market share and is inclusive of medical peripheral
devices, webcams, speakers, microphones, display
screens, videoconferencing devices, laptops, and
monitors
Key Insights
Software Hardware Others
Sample
Sample

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Market Segmentation: By Application
Japan Telemedicine By Distribution Channel 2021
 The teleradiology segment dominated the market for
telemedicine and accounted for the largest revenue share
owing to factors such as an increase in imaging practices,
teleradiology workflow adoption by healthcare providers,
and the streamlining and regulation of teleradiology
practices
 Integration of Artificial Intelligence (AI) into teleradiology,
implementation of Picture Archiving and Communication
System (PACS), and growing R&D activities pertaining to
eHealth are key growth propellers over the forecast period
Key Insights
Sample
Teleconsultation Teleradiology
Telecardiology Telepathology
Teledermatology Tele Home Healt
Teleoncology
Sample

27. Japan Telemedicine Market Analysis: Major
Product Market Share

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Market Analysis, Insights and Forecast: By Major Drugs
Key Insights
Japan Telemedicine Market Share for Major Drugs
Sample
Web-based Cloud-based On-premise
Sample

29. Japan Telemedicine Market Analysis : Competitive
Landscape

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Competitive Landscape: Key Players Revenue (Current and Forecasted)
2019 2020 2021 2022F 2023F 2024F 2025F 2026F 2027F 2028F
Philips - - - - - - -
Mitsubishi Corp - - - - - - -
Micin Company - - - - - - -
Major Market Revenue of Japan Telemedicine Market ($Bn)

31. Key Company Profiles

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1. Philips
Company Profile
 Philips is organized into three main divisions: Personal
Health (formerly Philips Consumer Electronics and Philips
Domestic Appliances and Personal Care), Connected Care,
and Diagnosis & Treatment (formerly Philips Medical
Systems)
 Philips has a primary listing on the Euronext Amsterdam
stock exchange and is a component of the Euro Stoxx 50
stock market index. It has a secondary listing on the New
York Stock Exchange. Acquisitions include that of Signetics
and Magnavox. They also have had a sports club since
1913 called PSV Eindhoven
Company Name: Philips
Year of Establishment: 1891
Headquarter: Amsterdam, Netherlands
Revenue: $ 20.8 Bn
Website: https://www.philips.co.in/

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1. Philips (continued)
Breakdown of net revenue by segment, 2021
Analysis
Revenues ($Mn), 2021-2029
2021 2022F 2023F 2024F 2025F 2026F 2027F 2028F 2029F
Business 1 Business2 Business 3

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 Mitsubishi Corporation is Japan's largest trading
company and a member of the Mitsubishi keiretsu
 Japan’s Mitsubishi Corporation has inked a commercial
agreement with SastaSundar Healthbuddy, one of the
leading digital networks of healthcare in India. As per the
deal, the former will invest Rs 100 crore in digital
platform
Company Name: Mitsubishi Corp
Year of Establishment: 1950
Headquarter: Tokyo, Japan
Revenue: 12.88 lakh crores JPY
Website: http://www.mitsubishicorp.com/
Company Profile
2. Mitsubishi Corp

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2. Mitsubishi Corp (continued)
Breakdown of net revenue by segment, 2021
Analysis
Revenues ($Mn), 2021-2029
2021 2022F 2023F 2024F 2025F 2026F 2027F 2028F 2029F
Business 1 Business2 Business 3
Mitsubishi Corporation employs over 86,000 people

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Company Name: . Micin Company
Year of Establishment: 2015
Headquarter: Tokyo, Japan
Revenue: 22 billion yen
Website: http://micin.jp/
Company Profile
3. . Micin Company
 MICIN is a medical IT company that offers a free app for
patient charts, billing, and video chatting between doctors
and patients

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3. . Micin Company (continued)
Breakdown of net revenue by segment, 2021
Analysis
Revenues ($Mn), 2021-2029
Sample
2021 2022F 2023F 2024F 2025F 2026F 2027F 2028F 2029F
Business 1 Business2 Business 3

38. Japan Telemedicine: Healthcare Policies and
Regulatory Landscape

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Policy Changes and Reimbursement Scenario in Japan Telemedicine
Market
Sample
 Many emergency response measures were announced in the wake of Covid-19 including easing of restrictions on online medical
care and enabling physicians to carry out first-time examinations or patient consultations online or by telephone
 The Japanese government first established the public reimbursement system for telemedicine as recently as in 2018. The
reimbursement was around 60-75% of the equivalent physical visits, and the clinics were obliged to conduct regular in-person
consultations alongside the online treatment
 MHLW (Japan's Ministry of Health, Labor and Welfare (MHLW ) also developed a guideline to mitigate potential risks and
promote telemedicine, but based on the assumption that remote care is only aimed for a limited number of conditions, such as
chronic disease, and it is a supplementary tool to in-person treatment
 the Japanese government sped up its pre-pandemic discussions on telemedicine and finally declared in June 2021 that these
measures will be maintained permanently. MHLW (Japan's Ministry of Health, Labor and Welfare) is going to develop a detailed
guideline to ensure the safety and quality of the treatment, followed by formal discussions on the reimbursement rate reform
 The popular regulations are:
a) Medical Practitioner Act( tele diagnosis, gene testing)
b) Act on Utilization of Telecommunications Technology in Document Preservation, conducted by private business operators (
electronic medical records)

40. Future Development Growth

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Future Opportunities
Over 50% of Japanese people across generations responded that they are interested in using telemedicine, and 86% of those
who have used it say they’d like to continue
There is a clear room for the growth of telemedicine, as chronic diseases like cancer and the demand for home-based care keep
increasing
The contribution of private businesses will also be key, not only in technological adaption and provision of safe IoT systems but
also in regulatory considerations. There is ample room for leveraging their expertise on certain disease areas, patient behavioral
patterns, and periphery areas such as online prescription services
Sample
Sample

42. Conclusion

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Japan telemedicine market is growing and presents lucrative market
opportunity
1
2
3
5
4
Research and
Development
Modern ICTs are
revolutionizing how
individuals
communicate with each
other, seek and
exchange information,
and enriching their lives
Internet
The introduction and
popularization of the Internet
have further accelerated the
pace of ICT advancements
Artificial Intelligence
Specialized fields are starting to invest in
telemedicine apps and software
programs. New features like Artificial
Intelligence, predictive analytics, and
automated data collection are being used
to lower the cost of care,
Active support for
government
the Japanese government
sped up its pre-pandemic
discussions on telemedicine
and finally declared in June
2021 that these measures will
be maintained permanently
Telemedicine is opted
Over 50% of Japanese
people across generations
responded that they are
interested in using
telemedicine, and 86% of
those who have used it say
they’d like to continue