Japan Blood Transfusion Diagnostics Market Size & Outlook
Japan blood transfusion diagnostics market, 2016-2027 (US$M)
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Japan blood transfusion diagnostics market highlights
- The Japan blood transfusion diagnostics market generated a revenue of USD 196.6 million in 2020 and is expected to reach USD 322.1 million by 2027.
- The Japan market is expected to grow at a CAGR of 7.3% from 2021 to 2027.
- In terms of segment, reagents & kits was the largest revenue generating product in 2020.
- Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.
Blood transfusion diagnostics market data book summary
| Market revenue in 2020 | USD 196.6 million |
| Market revenue in 2027 | USD 322.1 million |
| Growth rate | 7.3% (CAGR from 2020 to 2027) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Reagents & Kits |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents & Kits, Instruments |
| Key market players worldwide | Grifols SA Ordinary Shares - Class A, Bio-Rad Laboratories Inc, Roche Holding AG ADR, Quotient Sciences, Abbott Laboratories, BioMerieux SA, Siemens Healthineers AG ADR, MedGenome, Beckman Coulter |
Other key industry trends
- In terms of revenue, Japan accounted for 5.3% of the global blood transfusion diagnostics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, Japan blood transfusion diagnostics market is projected to lead the regional market in terms of revenue in 2027.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 295.1 million by 2027.
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Blood Transfusion Diagnostics Market Scope
Blood Transfusion Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan blood transfusion diagnostics 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 blood transfusion diagnostics market will help companies and investors design strategic landscapes.
Reagents & kits was the largest segment with a revenue share of 65.67% in 2020. Horizon Databook has segmented the Japan blood transfusion diagnostics market based on reagents & kits, instruments covering the revenue growth of each sub-segment from 2016 to 2027.
Japan blood transfusion diagnostics market accounted for the largest market share in 2020 and is anticipated to maintain its dominance over the forecast period. According to Japanese Red Cross Society (JRCS), blood donation in Japan has become a crucial part of the country’s health & medical system.
It has reached a significant level in terms of donors to population ratio with technological advancements. Various blood donation campaigns organized by JRCS have led to high growth in blood donations.
For instance, since 1988, every December, student volunteers promote blood donations across Japan through a campaign (Nationwide Christmas Blood Donation Campaign) to make up for the shortfall of blood in winter and gain knowledge about the importance of blood donations.
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Our clientele includes a mix of blood transfusion diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan blood transfusion diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into Japan blood transfusion diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Japan blood transfusion diagnostics market size, by product, 2016-2027 (US$M)
Japan Blood Transfusion Diagnostics Market Share, 2020 & 2027 (US$M)
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