The health and social care service industries have seen many changes, from the application of IoT (Internet of Things) and big data technologies through to the introduction of new forms of medical care such as telehealth and home-based care. Competition among rival businesses has grown fiercer as more companies from other industries have also begun to offer health and social care services. However, this industry sector also faces the issue of the declining availability of human resources and the increasing trend of hospital consolidation. Due to the close ties between the health and social care industry and our daily lives, the sector faces many more challenges.

However, one must recognize that there is an expectation that the health and social industry will continue growing and developing. The world markets continue a bullish expansion. The development of regenerative medicines including iPS cells (induced pluripotent stem cells), nursing care robots, preventive medication, and the like, are all areas of potential interest. In an attempt to reduce future social security costs, the government is working on various laws and regulations to evolve industries to promote a healthy life expectancy. As for medical devices and pharmaceuticals, external forces in the form of foreign companies have also entered the Japanese market.

Here at RSM Shiodome Partners, we are familiar with working with the health and social care industry, and we can help you manage your business.

Contact us

Complete this form and an RSM Shiodome Partners representative will be in touch.