Health 2.0 Conference Sees Discussion on Growing Senior Care Market in Japan
Oct 26, 2015
SANTA CLARA, CA, OCTOBER 4, 2015 – On the first Sunday in October, healthcare specialists from around the globe gathered for the 9th annual Health 2.0 Fall Conference to discuss the impact of new health technologies and the challenges faced by healthcare systems worldwide.
Event discussions included a panel on Japan’s growing senior healthcare market. Hosted by the Japan External Trade Organization (JETRO), the panel featured speakers from Cisco Systems, a multinational IT company, and Paramount Bed, Japan’s number one hospital bed manufacturer for over 60 years.
Cisco Systems’ Henry Leung, Connected Healthcare Operations Manager, discussed his company’s latest development on the Asia health market: a cutting edge eldercare insurance platform for Asia’s growing healthcare system. Genta Ohkubo, Head, Paramount Bed U.S., related his experiences in health tech as well as his expectations for the future of health tech in senior care. He especially focused on homecare solutions, which he highlighted as a growing niche for many senior care patients.
Of Japan’s 127 million citizens, one in three is over the age of 60 and one in eight over the age of 75. With 30% of its total population in the twilight years, an exceptionally long-life expectancy rate (Japan has over 60,000 centenarians), and a declining birth rate, Japan is in a prime position to maximize the use of new health tech advancements.
According to Fuji Keizai Group, a Specialist Outfit for Industrial and Market Research, the senior care market in Japan is expected to double into a $17 billion industry in the next five years.
The panel was sponsored by JETRO and moderated by JETRO San Francisco’s Chief Executive Director Yoshiaki Tojo. JETRO is a non-profit, government-funded organization that works to promote mutual trade and investment between Japan and the world. Originally established in 1958 to promote Japanese exports abroad, JETRO's core focus in the 21st century has shifted to promoting foreign direct investment into Japan and helping small to medium-sized Japanese firms maximize their global export potential. JETRO currently has a network of 121 offices located in more than 55 countries worldwide.
Parties interested in the presentation can download Genta Ohkubo’s presentation directly below:
Genta Ohkubo Health 2.0 Senior Care Presentation ＜PDF＞ (2436KB)