Japan Analytical Instrumentation Market Size & Outlook
Japan analytical instrumentation market, 2018-2030 (US$M)
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Japan analytical instrumentation market highlights
- The Japan analytical instrumentation market generated a revenue of USD 2,830.8 million in 2023 and is expected to reach USD 3,841.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Analytical instrumentation market data book summary
| Market revenue in 2023 | USD 2,830.8 million |
| Market revenue in 2030 | USD 3,841.9 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Services, Software |
| Key market players worldwide | Thermo Fisher Scientific Inc, Waters Corp, Shimadzu Corp, Danaher Corp, Agilent Technologies Inc, Bruker Corp, PerkinElmer, Mettler-Toledo International Inc, ZEISS Group, Bio-Rad Laboratories Inc, Illumina Inc, Eppendorf, Roche Holding AG, Sartorius AG, Avantor Inc |
Other key industry trends
- In terms of revenue, Japan accounted for 5.1% of the global analytical instrumentation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China analytical instrumentation market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,724.7 million by 2030.
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Analytical Instrumentation Market Scope
Analytical Instrumentation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan analytical instrumentation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to analytical instrumentation market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 55.32% in 2023. Horizon Databook has segmented the Japan analytical instrumentation market based on instruments, services, software covering the revenue growth of each sub-segment from 2018 to 2030.
The market for analytical instrumentation in Japan is witnessing robust growth due to the country's strong focus on research, technological advancements, and a vibrant industrial sector. Japan's thriving pharmaceutical, biotechnology, and electronics industries are driving the demand for cutting-edge analytical instruments. Moreover, the government's support for R&D and the emphasis on precision medicine and personalized healthcare are fueling the adoption of innovative analytical technologies.
The COVID-19 pandemic has further accelerated the market growth, with increased investments in healthcare infrastructure and testing capabilities. As Japan remains at the forefront of scientific innovation, the demand for analytical instruments continues to grow, making it a key player in the global analytical instrumentation market. Key players in the market include Shimadzu Corporation, HORIBA, Ltd., JEOL Ltd., Olympus Corporation, Hitachi High-Tech Corporation, Rigaku Corporation, and Yokogawa Electric Corporation.
Some of the most sold products in Japan are electrochemical analyzers, optical & spectrophotometric analyzers, separation analysis apparatus, thermal analyzers & thermal measuring instruments, water pollution analyzers, clinical chemistry & immunology analyzers, and hematology analyzers.
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Our clientele includes a mix of analytical instrumentation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan analytical instrumentation market , including forecasts for subscribers. This country databook contains high-level insights into Japan analytical instrumentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan analytical instrumentation market outlook size, by product, 2018-2030 (US$M)
Japan Analytical Instrumentation Market Outlook Share, 2023 & 2030 (US$M)
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