Japan Central Lab Market Size & Outlook, 2023-2030
Japan central lab market, 2018-2030 (US$M)
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Japan central lab market highlights
- The Japan central lab market generated a revenue of USD 183.7 million in 2023 and is expected to reach USD 296.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, biomarker services was the largest revenue generating services in 2023.
- Genetic Services is the most lucrative services segment registering the fastest growth during the forecast period.
Central lab market data book summary
| Market revenue in 2023 | USD 183.7 million |
| Market revenue in 2030 | USD 296.7 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Biomarker services |
| Fastest growing segment | Genetic Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Services, Biomarker Services, Microbiology Services, Anatomic Pathology/Histology, Specimen Management & Storage, Special Chemistry Services |
| Key market players worldwide | LabConnect, Eurofins Scientific SE, A. P. Moller Maersk A/S ADR, ACM Global, Cerba Research, Synevo Central Labs, Versiti, Cenetron, Ampersand Capital Partners, Pacific Biomarkers, Cirion |
Other key industry trends
- In terms of revenue, Japan accounted for 5.6% of the global central lab market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan central lab market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 170.4 million by 2030.
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Central Lab Market Scope
Central Lab Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan central lab 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 central lab market will help companies and investors design strategic landscapes.
Biomarker services was the largest segment with a revenue share of 38.32% in 2023. Horizon Databook has segmented the Japan central lab market based on genetic services, biomarker services, microbiology services, anatomic pathology/histology, specimen management & storage, special chemistry services covering the revenue growth of each sub-segment from 2018 to 2030.
In Japan, organizations such as the Japan Biological Informatics Consortium (JBIC), which are engaged in drug development, enable collaborations, and provision of services for drug research, thereby contributing to the market growth.
Many researchers are involved in collaborations with regulatory authorities to discover and validate surrogate markers for use in drug development. The Japanese government and regulatory authorities have implemented a framework to encourage such collaborations and partnerships.
This is expected to create enhanced opportunities for undertaking clinical trials for novel drug candidates. The proportion of the geriatric population is increasing rapidly in Japan, wherein both life expectancy & per capita income among the population aged 80 and above are high.
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Our clientele includes a mix of central lab 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 central lab market , including forecasts for subscribers. This country databook contains high-level insights into Japan central lab market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan central lab market size, by services, 2018-2030 (US$M)
Japan Central Lab Market Outlook Share, 2023 & 2030 (US$M)
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