Tag: PMDA Japan
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Japan Medical Device M&A: Group Carve-Outs, Distributor Consolidation and Private Equity Take-Privates
(Updated October 2026. USD figures are converted at USD/JPY = 150 for reference unless otherwise stated.) Domestic shipments of medical devices in Japan reached ¥4.72tn (~USD 31.5bn) in 2024. In Japan medical device M&A over the past several years, large Japanese groups (Hitachi, JEOL, Teijin and Olympus among them) have sold medical device businesses or…