How many total Healthcare companies are there in Japan?

As of January 2026, Japan has 1681 active Healthcare companies.

How many Healthcare companies in Japan are funded?

As of January 2026, 469 companies have received funding in this sector.

What is the total funding raised by Healthcare companies in Japan?

Healthcare companies in Japan have collectively raised $31.8B in funding till date.

Who are the top investors in Healthcare companies in Japan?

The top investors in Healthcare companies in Japan by number of investments are Eight Roads Ventures and KKR.

Which is the highest funded Healthcare company in Japan?

As of January 2026, Varinos has raised $163M in funding, highest among the funded Healthcare companies in Japan.

Healthcare in Japan - 2026 Market & Investments Trends

Company	Description	Location	Founded	Current Stage	Private Funding Raised
HOYA	Developer of a wide range of medical devices	Tokyo (Japan)	1941	Public	-
Eisai	Developer of drugs for oncology and neurological disorders	Jakarta (Indonesia)	1941	Public	-
Takeda	Large diversified pharma company	Tokyo (Japan)	1781	Public	-
Teijin	Developer and manufacturer of fibers, composites, resins, flame retardants, and polymers	Chiyoda-ku (Japan)	1918	Public	-
Otsuka	Manufacturer of generic pharmaceuticals and nutraceuticals	Minato (Japan)	1921	Public	-

Companies founded year-on-year in the Healthcare sector in Japan

112 Healthcare startups in Japan were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2025	-
2024	9
2023	23
2022	36
2021	49
2020	63
2019	61
2018	65
2017	112
2016	51

Stage-wise distribution of Healthcare sector companies in Japan

Out of the total 1,775 Healthcare companies in Japan, 469 have secured funding. Among them, 331 have reached Series A or higher, and 299 to Series B or beyond.

Founded - 1,775

Funded - 469

Series A+ - 331

Series B+ - 299

Series C+ - 293

Company Stage	No. of companies
Founded	1,775
Funded	469
Series A+	331
Series B+	299
Series C+	293

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Total funding year-on-year in the Healthcare sector in Japan

The Healthcare sector in Japan saw a total funding of more than $31.6B in the last 10 years. The most amount of funding was in 2018 at more than $31.1B.

Total Funding

Year	Total Funding
2025	$194M
2024	$40M
2023	$22.6M
2022	$157M
2021	$39.2M
2020	$21.6M
2019	$14.8M
2018	$31.1B
2017	$8.95M

Recent Funding Rounds in Healthcare in Japan

In the year 2026, till January 2026, Healthcare companies in Japan have raised equity funding across 1 round. In the same period last year (i.e. till January 2025), Healthcare companies in Japan had raised $10M across 3 rounds.

Here are some recent, important funding rounds in Healthcare companies in Japan:

Company	Round Raised	Amount Raised	Funding Date	Investors
Physiologas	Series A	8855	Jan 06, 2026	Kyoto University Innovation Capital
Hynts Tech	Seed	2054	Nov 18, 2025	Base partners and 4 more
Immunosense	Seed	6600	Nov 14, 2025	Shimadzu and 5 more
NAGARA	Seed	8103	Nov 04, 2025	thetatimesventures.com and 2 more
Zeal Boxing Fitness	Series A	6982	Oct 01, 2025	XTech Ventures and 2 more

See a more detailed list of funding rounds

Eight Roads Ventures is the top investor in Healthcare companies in Japan based on number of companies invested.

Here are some top investors in Healthcare companies in Japan:

Investor	Location	Top Portfolio Companies
Eight Roads Ventures	London (United Kingdom)	SDP Japan and Zpeer
KKR	New York City (United States)	-
The Carlyle Group	Washington, DC (United States)	Solast
Ardian	Paris (France)	-
Mitsubishi UFJ Capital	Tokyo (Japan)	Epsilon Molecular Engineering, INNOPHYS, ARCS and Henry

See a more detailed list of investors

In the year 2025, till May 2025, 4 acquisitions happened in Healthcare sector in Japan. Last year, in 2024, a total of 6 acquisitions happened in Healthcare sector in Japan.

Here are some recent, important acquisitions in Healthcare sector in Japan:

Company	Acquisition Type	Acquisition Date	Acquirers
Craft Pharmacy	Business Acquisition	May 28, 2025	AIN Group
eWeLL Co	Business Acquisition	Mar 14, 2025	M3
CMIC HOLDINGS	Business Acquisition	Mar 03, 2025	Blackstone
Mitsubishi Tanabe Pharma	Business Acquisition	Feb 07, 2025	Bain Capital
Nihon Medi Physics	Business Acquisition	Dec 03, 2024	GE Healthcare

See a more detailed list of acquisitions

Acquisition trends in Healthcare sector in Japan

Here are the acquisition trends in Healthcare sector in Japan:

Total Number of Acquisitions

Year	No. of companies
2025	4
2024	6
2023	7
2022	3
2021	3
2020	10
2019	6
2018	5
2017	4
2016	4

In the year 2025, till June 2025, 2 IPOs happened in Healthcare sector in Japan.

Here are some recent, important IPOs in Healthcare sector in Japan:

Company	IPO Date	Exchange Symbol
Wellness Communications	Jun 23, 2025	Tokyo Stock Exchange (TYO)
LIFE CREATE	Apr 24, 2025	Tokyo Stock Exchange (TYO)
EUCALIA	Dec 12, 2024	Tokyo Stock Exchange (TSE)
QLS Holdings	Dec 11, 2024	Tokyo Stock Exchange (TSE)
Human Adjust	Sep 27, 2024	Tokyo Stock Exchange (TSE)