TechNavio recognizes the following companies as the key players in the Infusion Systems Market in Japan: JMS Co. Ltd., Nipro Corp., and Terumo Corp.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: “The Infusion Systems market in Japan has been witnessing an increasing preference for home healthcare. Hence, it is difficult for hospitals to arrange for a medical expert to be present with patients all the time to check that the patients are using the systems correctly. Therefore, to manage the infusion of therapeutic fluids, doctors are increasingly relying on remote monitoring infusion pumps. This is one of the major trends in the Infusion Systems market in Japan at present.”
According to the report, the increase in the prevalence of different chronic diseases such as AIDS and other hormonal disorders in Japan have led to an increase in the demand for infusion systems due to their capacity to deliver multiple functions. Similarly, the critical need for advanced infusion pumps during intensive care, surgery, and post-operative care recovery has increased demand. These multifunctional infusion pumps have proved to be effective in monitoring real-time patient data and managing the infusion of multiple drugs with accurate doses. Hence, the application of these infusion pumps has increased in different customer bases, thereby contributing to the growth of the Infusion Systems market in Japan.
Further, the report states that many vendors from the APAC region countries such as Japan, China, and South Korea offer low-cost infusion systems. This is mainly because of the presence of the regional vendors in Japan that produce cheaper infusion systems. Hence, international players, which offer infusion systems that are more expensive, find it difficult to penetrate further into the Japanese market. Therefore, the competition in the market has increased in terms of price wars and maintaining market share. As a result of the increase in competition, the average selling price of different infusion systems is decreasing. This has a negative effect on the growth of the Infusion Systems market in Japan by reducing the expected revenue generation margin.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are B. Braun Melsungen AG, Baxter International Inc., CareFusion Corp., Fresenius Kabi AG, Hospira Inc., ICU Medical Inc., Insulet Corp., and Medtronic Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/infusion-systems-market-japan-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Infusion Systems Market in Japan 2012-2016
