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Japan - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Japan - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights

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Oct 16, 2023

Surge in Japan's July 2023 Imports of Medical Instruments Rises to $248M

Japan Medical Instruments Imports

For the third consecutive month, Japan recorded growth in overseas purchases of instruments used in medical sciences, which increased by 0.1% to 2.4K tons in July 2023. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 with an increase of 28% month-to-month. As a result, imports reached the peak of 2.6K tons. From April 2023 to July 2023, the growth of imports remained at a somewhat lower figure.

In value terms, medical instruments imports totaled $248M (IndexBox estimates) in July 2023. The total import value increased at an average monthly rate of +1.3% over the period from July 2022 to July 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain months. The growth pace was the most rapid in August 2022 with an increase of 22% m-o-m.Japan Medical Instruments Imports By Country (Million USD)

COUNTRYImport Value of Medical Instruments in Japan (million USD)
Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023
United States82.287.673.270.782.110179.779.695.790.498.785.189.4
Mexico30.557.141.338.344.843.334.346.047.549.648.330.540.9
Germany19.419.118.318.020.117.721.021.329.417.619.819.327.8
China14.213.210.111.89.810.511.610.612.911.111.113.212.1
Thailand7.06.96.66.88.26.06.36.07.85.87.56.38.1
Vietnam6.29.16.99.66.48.29.25.58.16.77.89.17.4
France2.63.62.21.52.22.01.82.32.42.33.22.32.4
Others48.861.550.350.353.962.261.356.363.555.357.757.959.5
Total211258209207227250225228267239254224248

Imports by Country

Thailand (700 tons), Vietnam (444 tons) and China (336 tons) were the main suppliers of medical instruments imports to Japan, together accounting for 62% of total imports. The United States, Mexico, Germany and France lagged somewhat behind, together comprising a further 20%.

From July 2022 to July 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +1.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($89M) constituted the largest supplier of medical instruments to Japan, comprising 36% of total imports. The second position in the ranking was taken by Mexico ($41M), with a 17% share of total imports. It was followed by Germany, with an 11% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+2.5% per month) and Germany (+3.0% per month).

Import Prices by Country

In July 2023, the medical instruments price stood at $103K per ton (CIF, Japan), rising by 11% against the previous month. Overall, the import price recorded a mild increase. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 23% month-to-month. The import price peaked at $111K per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($457K per ton), while the price for Thailand ($11,550 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Ireland (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical instruments market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32501333 - Instruments and apparatus for measuring blood-pressure (including sphygmomanometers, tensiometers, oscillometers)
  • Prodcom 32501335 - Endoscopes for medical purposes
  • Prodcom 32501353 - Renal dialysis equipment
  • Prodcom 32501355 - Diathermic apparatus (including ultrasonic)
  • Prodcom 32501363 - Transfusion apparatus (excluding special blood storage glass bottles)
  • Prodcom 32501365 - Anaesthetic apparatus and instruments
  • Prodcom 32501370 - Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.

Country coverage:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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