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Japan’s Unique Medical Market Opportunity Written by Carlos Cortes Japan offers a unique view into the future of developed countries, as they possess the largest senior population in the world. With more than 27% of the country’s population over the age of 65, Japan’s medical industry is quickly evolving to cater to the first mass senior market. As developed countries progress, they will follow...
The Pros and Cons of Refurbishing SUDs Written by Josephyne King SUDs (single use devices) were introduced by manufacturers as both a sanitary and a profitability measure. Using a medical device only once severely lowers the risk of spreading infections, while having to buy new devices for every operation means higher profits for manufacturers. The practice of SUDs first came under scrutiny in 2015,...
Japan’s Pharma Industry: The Basics Written by Josephyne King For a rough translation of the PMD Act, click here, but beware that the original Japanese document will be the one referenced if any violation of the act occurs. The translation offered is for reference, and being aware of translation errors is the responsibility of the foreign company entering Japan. Japan’s aging demographic has been...