Market revenue in 2023 | USD 58.3 million |
Market revenue in 2030 | USD 74.1 million |
Growth rate | 3.5% (CAGR from 2023 to 2030) |
Largest segment | Natural |
Fastest growing segment | Synthetic |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Natural, Synthetic, Inorganic |
Key market players worldwide | Merck KGaA, Bio-Rad Laboratories Inc, Wipro Ltd ADR, Mitsubishi Chemical Group Corp, Danaher Corp |
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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 chromatography resin market will help companies and investors design strategic landscapes.
Natural was the largest segment with a revenue share of 52.83% in 2023. Horizon Databook has segmented the Japan chromatography resin market based on natural, synthetic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
The Japanese chromatography resin market is majorly driven by demand from the biotechnology industry, which has shown growing emphasis on improving treatments. Many pharmaceutical giants such as Mitsubishi Chemical and Tosoh Corp. are housed in Japan.
The government has implemented several measures to foster the segment, such as the "Rational Medicine" Initiative, which aims to further promote regulatory science and increase the sophistication of safety measures. Japan’s growing geriatric population is likely to increase the expenditure on public healthcare.
Initiatives by the Japanese government are likely to increase demand for ion exchange resin in therapeutic applications. The increase in the use of treatments is the primary factor responsible for the rise in demand from the chromatography resin market in Japan.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan chromatography resin market , including forecasts for subscribers. This country databook contains high-level insights into Japan chromatography resin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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