The alternative medicine is a profitable industry in Japan, just like it is in other economies such as China and India. The demand for natural health practitioners and herbal medicine goods is huge. Therefore, if you possess a good knowledge of yoga, homeopathic medicine, Ayurveda or other practice in this domain, starting an alternative medicine clinic in Japan can prove to be a lucrative business.
In this article, our company formation consultants in Japan explain different aspects related to this subject.
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A brief summary of the alternative medicine in Japan
In this country, anti-aging medicines, lifestyle drugs and “environmental medicine” are thought to be part of the complementary and alternative treatments.
For instance, producing a functional food which absorbs dioxins or a filter to get rid of the free radicals of the car exhaust gas or cigarette smoke and so on, are considered to be a part of the “environmental medicine”. Our Japan company formation agents can provide further details on this matter. We can also help you to open a company in this sector in Japan.
The complementary and alternative medicine sector in Japan also comprises certain types of advanced medical treatments which are not widely used yet, like the immunotherapy for cancer utilizing tumor-specific antigens, and so on.
Unlike other European and Western countries, in Japan, a segment of the Japanese herbal medicine called the Kempo medicine and acupuncture are covered by the public health insurance.
In conclusion, the practitioners of this type of alternative medicine and acupuncture in this country would rather consider themselves as a part of the authentic traditional medicine.
These practices, though, are thought to be complementary and alternative medicine in the USA and Europe.
Who utilizes complementary and alternative medicine in Japan?
A recent telephone study made by the Tsukuba College of Technology Clinic and the Department of Family Nursing at the University of Tokyo revealed that the percentage of the individuals who were questioned and who has utilized at least one complementary and alternative medicine in the previous 12 months was larger than the ones who has utilized Western medicine (76% vs. 65.6%).
Our company registration consultants in Japan can assist you to set up a company in the alternative medicine sector in Japan.
If you have more questions about the alternative medicine sector in Japan, or for assistance in setting up a company in Japan, please feel free to contact our friendly staff.