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The Japanese Pharmaceuticals and Healthcare Report Q2 2008 is out Now
Business Wire, May 14, 2008
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c91537) has announced the addition of "Japan Pharmaceuticals and Healthcare Report Q2 2008" to their offering.
The Japan Pharmaceuticals and Healthcare Report provides independent forecasts and competitive intelligence on Japans pharmaceuticals and healthcare industry.
Japan's pharmaceutical market is currently valued at US$74.4bn and is easily the most mature in the Asia Pacific region. Top-line sales stagnated for the first time in 2006 and this scenario is likely to be repeated in 2007. However, this is a temporary trend as the country's vast ageing population will cause the market to expand once again. By 2012, we expect the value of market to reach US$82.0bn.
The country's generics sector is one of the most promising in our coverage universe. In an effort to control ballooning healthcare costs, the ministry of health plans to raise the volumes share of generics within the total prescription market to at least 30% by 2012. The current value of the sector is US$5.5bn, which equates to 7.3% of total medicines sales. Changes to prescribing procedures and the influx of foreign firms with low-cost goods will provide a stimulus to the generic drug sector.
It has emerged that the debilitating and sometime deadly viral condition hepatitis C is grossly underdiagnosed in Japan. Spurred on by a tainted blood scandal, the government is looking to increase awareness of the disease, which is estimated to affect 1.4% of the population, or 1.75mn people. The author believes that this campaign will provide a boost for manufacturers of testing kits and pharmaceutical companies that sell hepatitis C therapeutics, such as Switzerland's Roche and US firm Schering-Plough.
For fiscal-year 2008, the budget for the Ministry of Health, Labour and Welfare (MHLW) was been increased by 3.0% to JPY222bn (US$221bn). This compares favourably to overall economic growth in 2007, which was estimated to be 2.6% by our Country Risk team. Within the MHLWs spending plan, emphasis has been placed on cancer prevention, medical research and development (R&D), hepatitis countermeasures, and stem cell research. Worryingly for drugmakers, funding for accelerated access to pharmaceuticals has been cut.
During Q108, Novartis became the latest multinational to scale back its research operations in Japan, with the planned closure of a facility in Tsukuba near Tokyo by the end of 2008. In recent years, numerous international drugmakers - Pfizer, Schering AG and GlaxoSmithKline (GSK) - have reduced their R&D footprint in Japan.
Contents: Executive Summary Japan Pharmaceuticals And Healthcare Industry SWOT Japan Political SWOT Japan Economic SWOT Pharmaceutical Business Environment Ratings Table: Asia Pacific Pharmaceutical Business Environment Rankings, Q208 Limits Of Potential Returns Risks To Realisation Of Returns Japan - Market Summa Regulatory Regime Case Study: Wyeth's Prevnar and Japanese Drug Lag Recent Regulatory Developments Medical Device Regulations Intellectual Property Developments Pricing And Reimbursement System Table: Reimbursement Categories And Rates Recent Pricing And Reimbursement Developments Other Regulatory Issues Table: Concerns Of Pharmaceutical Associations Industry Trends And Developments Epidemiology Table: Mortality By Cause In Japan Healthcare Sector Healthcare Sector Finance Issues Healthcare Reforms International Collaboration International Reaction Domestic Company Activity Foreign Generic Sector Table: Timeline: Indian Manufacturers In Japan, 2005-2007 Multinational Sector Developments Research And Development Industry Forecast Sce Overall Market Forecast Table: Japanese Ethical Market - Leading Therapeutic Classes, FY05/06 Table: Japan's Drug Market Indicators Key Growth Factors - Industry Table: Japan's Healthcare Expenditure Indicators Macroeconomic Forecast Scenario Table: Japan - Macroeconomic Forecasts Prescription Market Forecast Table: Prescription Drug Market Indicators (US$mn unless otherwise stated) OTC Market Forecast Table: OTC Market Indicators (US$mn unless otherwise stated) Generics Market Forecast Table: Generics Market Trends Patented Medicines Market Forecast Table: Patented Medicines Market Indicators Export/Import Forecasts Table: Export/Import Trends (US$mn) Other Healthcare Data And Forecasts Table: Socio-Demographic Indicators Key Risks To our Forecast Scenario Competitive Landscape Table: Japanese Ethical Market - Sales Value (FY2006) Company Profiles Leading Foreign Manufacturers Pfizer Sanofi-Aventis Merck & Co (Banyu) Novartis GlaxoSmithKline (GSK) AstraZeneca Indigenous Manufacturers Takeda Astellas Eisai Daiichi-Sankyo Sawai Pharmaceutical Our Forecast Modelling
For more information visit http://www.researchandmarkets.com/reports/c91537
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