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(Medical-NewsWire.com, June 27, 2015 ) With sales of almost USD 30 billion, Japan is the world’s second-largest market for medical devices and in vitro diagnostics, with the highest per capita outlay on such products in Asia. Device companies from overseas have been notably successful in Japan, but the prospects for further growth remain strong. The ageing population, a demand for the latest technology, fee-for-service service reimbursement and patient expectation are among the drivers.
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To fully enter the Japanese device or diagnostics market, achieving reimbursement under National Health Insurance (NHI) is almost mandatory. The access pathway is challenging to navigate and the rules are difficult to interpret. Now, for the first time in any publication, the system is explained is easy-to-follow English.
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Table of Contents:-
Executive Summary
1. Market Overview
1.1 Healthcare System
1.2 Leading Companies
1.3 R&D
1.4 Sales and Marketing
1.5 Leading Products
1.6 Foreign Exchange Rates
2. Market Access
2.1 Compassionate Use
2.2 Marketing Authorisation
2.3. Launch Principles and Timings
2.4 Reimbursement Coverage
2.5 Outline of Introductory Pricing Procedures
2.6 Data Requirements
2.7 Summary of Approach Taken
2.8 Details of Methodology
2.8.1 Similar Efficacy Comparison Method I
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Pricing of Medical Devices, Diagnostics and Medical Equipment in Japan provides the answers you need:
Step-by-step guide to NHI reimbursement for all types of new devices.
Explanation of the complex system of medical fees.
How prices of marketed devices are revised.
Summary of marketing approval processes.
Several recent case studies.
Categorisation, pricing methodology and launch prices of all 250+ C1/C2 devices and 60+ E2/E3 IVDs first reimbursed in Japan since January 2008.
Fully researched through face-to-face interviews conducted in Japan and updated to account for the April 2014 revision.
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