Japan: From Electronics to Medical Technology
Pierre-Yves Donzé ()
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Pierre-Yves Donzé: Osaka University
Chapter Chapter 5 in Medtech, 2022, pp 97-124 from Springer
Abstract:
Abstract Japan is the second-largest nation in the global medtech industry, and its firms present several specificities in regard to other major nations. The most important feature is that large diversified electronics firms have dominated the Japanese medtech sector since the end of World War II. This chapter investigates the cases of Toshiba, Hitachi, and Olympus, analyzing the firms’ developmental processes in the medtech industry and drawing comparisons with General Electric (USA) and Siemens (Germany). Second, the chapter explores the competitive advantage of specialized medtech companies and investigates why the number of start-ups is extremely low in Japan. Finally, a discussion of the minimal presence of foreign firms—despite Japan’s position as the second-largest healthcare market in the world—closes the chapter.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-7174-6_5
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DOI: 10.1007/978-981-16-7174-6_5
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