Japan is an extremely large market – with 125 million people, it is the 3rd
largest healthcare market in the world, and home to some of the top global healthcare companies in the world.
The country has a comprehensive universal healthcare system, and patients can freely choose their healthcare providers. Medical expenditures in Japan have increased by over 30% since 2000, and now constitute 11% of GDP.
As pressing issues arise in the healthcare and life science industry, Japanese companies are keen on collaborating with overseas startups with cutting-edge solutions to boost innovation.