Japanese Pharmaceutical Industry: An Insight Into Globalization

Japan is the second largest market for pharmaceuticals, with the US being the largest. It represents almost 10% of the world pharmaceutical market. One of the major driving force behind this large market size is the aging of Japanese population i.e. 26% of the Japanese population is 65 years or older. Keeping a higher life expectancy, Japan tops the world list both in male and female population. Consequently, the medical needs are at a surge; thus, boosting the number of pharmaceutical companies, importers, and exporters in Japan.

from Health and Fitness:Healthcare Systems Articles from EzineArticles.com http://ift.tt/2ti8LLL

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