Japan Update: How the Crisis Is Affecting the Country's Medtech Industry

Japan has raised the crisis rating of the Fukushima nuclear power plant to 7 on the International Nuclear and Radiological Event Scale, writes Tokyo-based UBM Canon editor Miki Anzai. That number puts the tragedy on par with Chernobyl. Manufacturers from the region surrounding the power plant fear that international markets will avoid products made in Fukushima. Known for its industrial products, Fukushima prefecture is home to more than 40 medical device makers. Not surprisingly, the region also produces a substantial amount of medical device components.

A growing number of customers fear that Japanese products have been contaminated with radioactivity. As a result, the country has begun testing the radiation levels of industrial levels.

Read more on how the crisis is affecting the Japanese medtech industry on medtechinsider.

Device talk Tags: