Market revenue in 2020 | USD 17.5 billion |
Market revenue in 2028 | USD 58.7 billion |
Growth rate | 16.4% (CAGR from 2020 to 2028) |
Largest segment | Detection kits |
Fastest growing segment | Detection Kits |
Historical data | 2018 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2028 |
Quantitative units | Revenue in USD billion |
Market segmentation | Purification Kits, Amplification Kits, Detection Kits, Isolation Kits |
Key market players worldwide | Thermo Fisher Scientific Inc, Qiagen NV, New England Biolabs, Illumina Inc, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Merck KGaA, Promega, Takara Bio Inc, LGC Group, Toyobo Co Ltd |
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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 biotechnology reagents & kits market will help companies and investors design strategic landscapes.
Detection kits was the largest segment with a revenue share of 22.86% in 2020. Horizon Databook has segmented the Japan biotechnology reagents & kits market based on purification kits, amplification kits, detection kits, isolation kits covering the revenue growth of each sub-segment from 2018 to 2028.
Japan's biotechnology reagent and kits market is marked by numerous initiatives adopted by key players, to reinforce their global presence and strengthen their product offerings.
In May 2020, Takara Bio Inc. launched a reagent for PCR testing ofSARS-CoV-2, using saliva specimen. The reagent is designed to reduce medical researcher's risk of infection and increase the number of PCR tests conducted in Japan.
On other hand, in October 2019, Alto Bio Reagent Ltd. entered into a distribution agreement with a Japanese partner Veritas Corporation. It was a part of a big enterprise Ireland trade mission to Japan. Veritas is a partner to around 70 suppliers in the reagent, diagnostics, and life sciences sectors.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan biotechnology reagents & kits market , including forecasts for subscribers. This country databook contains high-level insights into Japan biotechnology reagents & kits market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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