Drug Product Marketing Authorization Regulations in Japan

The Japan Pharmaceutical Market size is estimated at USD 88 billion in 2024 and is expected to reach USD 91.94 billion by 2029, growing at a CAGR of 0.88% during the forecast period (2024-2029). Factors such as the rising geriatric population, increasing incidence of chronic diseases, and growing research and development (R&D) investments in the country are boosting the market’s growth in Japan. The nation’s aging population becomes palpable. About 28% around 36.21 million of Japan’s population is aged 65 or above, suggesting an ever-growing demand for healthcare solutions and novel medications, making the medical landscape ripe for innovation and market penetration.

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