"Jules remains in the Intensive Care Unit of the Mie General Medical Center in Yokkaichi. He has suffered a diffuse axonal injury and is in a critical but stable condition," the statement, distributed by his Marussia team, read.
"The medical professionals at the hospital are providing the very best treatment and care and we are grateful for everything they have done for Jules since his accident."
He was taken unconscious by ambulance to the nearest hospital and immediately underwent emergency brain surgery with doctors saying he was critically ill.
His parents Philippe and Christine flew to Japan to be at his bedside and they were joined on Tuesday by celebrated French surgeon Gerard Saillant, who treated Michael Schumacher after his near-fatal skiing accident last December.
"We are also grateful for the presence of Professor Gerard Saillant, President of the FIA Medical Commission, and Professor Alessandro Frati, Neurosurgeon of the University of Rome La Sapienza, who has travelled to Japan at the request of Scuderia Ferrari," the joint statement said.
"Professors Saillant and Frati acknowledge the excellent care being provided by the Mie General Medical Center and would like to thank their Japanese colleagues.
"The hospital will continue to monitor and treat Jules and further medical updates will be provided when appropriate."
The race on Sunday was stopped shortly after Bianchi's crash with championship leader Lewis Hamilton, who was leading at the time, declared the winner.
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