Japan on the move to develop a world class medtech industry
This article was originally published in Clinica
Executive Summary
Its ageing population and the need for new sources of economic growth is galvanising the Japanese government to build up its domestic medtech industry. Its action plan include coordinating policy from within ministerial silos, encouraging non-medtech manufacturers to diversify into the medical devices sector and using the needs of the elderly as a catalyst to create new exporting industries, writes Derrick Buddles, director of the Tokyo-based American Medical Devices and Diagnostics Manufacturers' Association (AMDD)