The Japan breast cancer therapeutics market is expected to witness growth from $1.13 Bn in 2022 with a CAGR of 13.4% for the forecasted year 2022-2030 to $3.09 Bn in 2030 due to growth drivers like the increasing incidence of breast cancer and awareness programs in Japan. The breast cancer therapeutics market is segmented by therapy, by cancer type, and by distribution channel. Major players in Japan breast cancer therapeutics market include Takeda Pharmaceutical Co. Ltd., Eisai Co., Ltd, AstraZeneca PLC.
The Japan Breast Cancer Therapeutics market size is at around $1.13 Bn in 2022 and is projected to reach $3.09 Bn in 2030, exhibiting a CAGR of 13.4% during the forecast period. Healthcare costs estimated to have been paid to medical facilities in fiscal 2021 increased to a record $340 Mn, up $160 Mn (or 4.6%) from the year before. The cost of hospitalization climbed by 2.8% to $140 Mn, while the cost of outpatient services, home visits, and other non-hospitalized medical care increased by 7.5% to $120 Mn. Prescription drug and dental treatment costs increased by 2.7% and 4.8%, respectively, during this time.
Japan has lower rates of morbidity and mortality from breast cancer than Western nations. In Japan, the 10-year survival rate following breast-conserving therapy is 85%-95%, compared to about 60%-80% in Western nations. In patients with breast cancer, the prognosis is predicted by the disease stage and other clinical variables at diagnosis. The progesterone receptor (PgR) and the oestrogen receptor (ER), two hormone receptors, have garnered more attention recently in relation to breast cancer therapy approaches and prognostic evaluation.
Market Growth Drivers
The market is primarily driven by the increasing incidence of breast cancer and awareness campaigns run by public and private organisations. The Japan Cancer Society created the "Pink Ribbon Festival" to educate the public on the value of early breast cancer detection, diagnosis, and treatment. The breast cancer charity in Japan, known as Run for the Cure, promotes breast cancer awareness and education.
Market Restraints
The expansion of the Japanese breast cancer therapeutics market is anticipated to be hampered by the high costs of breast cancer therapies, the rising expenses of early and late-stage disease therapy, and the adverse effects of breast cancer medications. Additionally, Japan's rigid regulatory rules restrain market expansion.
Key Players
Japanese public health insurance now includes coverage for mastectomies and oophorectomies for patients with breast cancer who face the risk of developing new cancers due to a genetic mutation. Cancer patients with hereditary breast cancer syndrome diagnoses are eligible for insurance coverage. Additionally, the Japanese government has recognized a number of institutions as breast cancer treatment facilities where patients can get specialized care from breast cancer experts. The government also provides reimbursement for expensive treatments such as targeted therapy and immunotherapy.
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Therapy (Revenue, USD Billion):
By Cancer Type (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
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