By 2030, it is anticipated that the Japan Lung Cancer Therapeutics Market will reach a value of $3.5 Bn from $1.8 Bn in 2022, growing at a CAGR of 8.6% during 2022-2030. The Lung Cancer Therapeutics Market in Japan is dominated by a few domestic pharmaceutical companies such as Chugai Pharmaceutical, Taiho Pharmaceutical, and Ono Pharmaceutical. The Lung Cancer Therapeutics Market in Japan is segmented into different types of cancer and different therapy type. Some of the major factors affecting the Japanese lung cancer therapeutics market are the prevalence of unhealthy lifestyles, demand for targeted therapies and the presence of highly efficient drugs.
By 2030, it is anticipated that the Japan Lung Cancer Therapeutics market will reach a value of $3.5 Bn from $1.8 Bn in 2022, growing at a CAGR of 8.6% during 2022-2030.
Japan is a high-income developed island nation in East Asia. In 2019, lung cancer was the leading cause of death among all cancers, followed by colorectal cancer and stomach cancer. Men died from lung cancer at a rate of 53,200 per 100,000, while women died at a rate of 22,300 per 100,000. Ageing also plays a role in this predicament, as age-adjusted death rates have been declining since peaking in the 1990s. Japan is one of the few countries in the world where systemic cancer therapy is available to all residents, regardless of money or geographic location. Japan is likely to lead the globe in increasing the cure rate of patients with driver gene mutations like EGFR and ALK.
According to the latest WHO data published in 2020 Lung Cancers Deaths in Japan reached 79,688 or 7.21% of total deaths. The age-adjusted Death Rate is 18.06 per 100,000 population ranks Japan 66th in the world. Japan's government spends 10.3% of its GDP on healthcare.
Market Growth Drivers
According to the Japanese Society for Radiation Oncology's 2017 Japanese Structure Survey of Radiation Oncology, radiation treatment was used to treat a total of 185,523 patients, including 30,870 patients (16.6 %) with lung cancer (RT). The Japanese Joint Committee of Lung Cancer Registry performs nationwide surveys of lung cancer surgery regularly. Japan is home to cutting-edge technologies and a broad manufacturing base. These aspects could boost Japan's Lung Cancer Therapeutics market.
Market Restraints
There are 1322 board-certified radiation oncologists and 1337 board-certified medical physicists working in Japan as of 2021, however, there is still a considerable shortage of these specialists, particularly in small-scale facilities. Lung cancer in non-smokers is a thoracic oncology concern in Japan. It is generally known that the prevalence of non-smoking lung cancer, such as EGFR mutation-positive lung cancer, is high in Japan. In Japan, while smoking rates are decreasing, the frequency of lung cancer among non-smokers is among the highest in the world. Japan is having a labour shortage as well as a low contribution from immigration, which is increasing the number of insecure workers. These factors may deter new entrants into the Japan Lung Cancer Therapeutics market.
Key Players
May 2022: Chugai Pharmaceutical announced that the Ministry of Health, Labour, and Welfare approved an additional indication for the anti-cancer agent/humanized anti-PD-L1 monoclonal antibody Tecentriq Intravenous Infusion 1200 mg for the adjuvant treatment of PD-L1-positive non-small cell lung cancer (NSCLC). To identify PD-L1 expression, Roche Diagnostics K.K.'s VENTANA OptiView PD-L1 pathological diagnostic kit should be used. In May 2022, the FDA approved the extended use of this test kit as a companion diagnostic for Tecentriq, allowing clinicians to identify patients with PD-L1-positive NSCLC who potentially benefit from Tecentriq.
The Ministry of Health, Labour, and Welfare (MHLW) and the Pharmaceuticals and Medical Devices Agency regulate the regulation and reimbursement of lung cancer therapies in Japan (PMDA). The Ministry of Health, Labour, and Welfare issues Pharmaceuticals and Medical Devices Safety Information (PMDSI) based on safety data gathered. It is meant to help healthcare workers handle medications and medical devices more safely. The Central Social Insurance Medical Body (Chuikyo), an advisory council of medical and other specialists, makes recommendations to the MHLW.
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 Type (Revenue, USD Billion):
By Therapy (Revenue, USD Billion):
By Type of Molecule (Revenue, USD Billion):
By Drug Class (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
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