Japan Telehealth Market Insights Forecasts to 2033

• The Market Size is Growing at a CAGR of 20.21% from 2023 to 2033
• The Japan Telehealth Market Size is Expected to Hold a Significant Share by 2033

The Japan Telehealth Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 20.21% from 2023 to 2033.

Market Overview

The provision and facilitation of health and health-related services, such as medical treatment, patient and provider education, health information services, and self-care, through the use of digital and telecommunications technology, is known as telehealth. Technologies utilized in telehealth include real-time video meetings, health apps for mobile devices, "save and forward" electronic communication, and remote patient monitoring (RPM). Although the terms "telehealth" and "telemedicine" are sometimes used synonymously, "telehealth" now refers to a wider range of digital healthcare services and activities. Telemedicine relieves the burden of having to park, walk, drive to a doctor's office or clinic, or wait in a waiting room while ill. The doctor's office is conveniently located near the couch or bed. A hectic schedule may make virtual visits easier to fit. It might be able to avoid taking time off from work or making childcare arrangements with telemedicine, depending on the times of day.

Report Coverage

This research report categorizes the market for the Japan telehealth market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan telehealth market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan telehealth market.

Driving Factors

The telemedicine and e-Health market in Japan is driven by the country's aging population, unequal distribution and scarcity of doctors, progressive depopulation of some areas, advancements in communication technologies, and rising medical costs. Additionally, the government hopes to save expenses by replacing some of the traditional jobs in healthcare with Internet of Things (IoT) and artificial intelligence (AI) technologies. To offer health support for all of its citizens, Japan will soon rely more and more on using data and ICT in the sectors of health, medicine, and nursing care (health-tech). EU SMEs have a plethora of options in this industry to deliver AI and IoT solutions in the medical sphere.

Restraining Factors

Implementing telemedicine without cybersecurity can result in data loss, and the quantity of cyber threats can rise due to a lack of knowledge and security.

Market Segmentation

The Japan telehealth market share is classified into product and delivery mode.

• The service segment is expected to hold the largest market share through the forecast period.   

The Japan telehealth market is segmented by product into software, hardware, and service. Among these, the service segment is expected to hold the largest market share through the forecast period. The increasing need for telehealth applications in managing chronic illnesses and real-time monitoring, together with technological developments in digital infrastructure, the increasing ubiquity of smartphones and the internet, and the innovation of hardware and software components, are propelling the expansion of this market.

• The web-based segment is expected to dominate the Japan telehealth market during the forecast period.       

Based on the delivery mode, the Japan telehealth market is divided into on-premises, web-based, and cloud-based. Among these, the web-based segment is expected to dominate the Japan telehealth market during the forecast period. The market is growing due to factors including the rise in web-based applications and virtual care, as well as the growing use of web-based delivery models that give patients instant access to healthcare services. Use rs can access web-based solutions by utilizing web servers and internet protocols.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan telehealth market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• NTT Data
• NEC Corporation 
• Fujitsu Limited
• Panasonic Corporation
• Toshiba Corporation
• M3 Inc
• Sony Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2023, Fujitsu announced the release of a brand-new cloud-based platform that enables users to safely gather and use health-related data in order to support the medical industry's digital transformation.

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Telehealth Market based on the below-mentioned segments:

Japan Telehealth Market, By Product

• Software
• Hardware
• Service

Japan Telehealth Market, By Delivery Mode

• On-Premises
• Web-Based
• Cloud-Based