Japan Clinical Laboratory Service Market Size & Outlook
Japan clinical laboratory service market, 2018-2030 (US$M)
Related Markets
Japan clinical laboratory service market highlights
- The Japan clinical laboratory service market generated a revenue of USD 6,564.3 million in 2023 and is expected to reach USD 10,676.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, clinical chemistry was the largest revenue generating test type in 2023.
- Medical Microbiology & Cytology is the most lucrative test type segment registering the fastest growth during the forecast period.
Clinical laboratory service market data book summary
| Market revenue in 2023 | USD 6,564.3 million |
| Market revenue in 2030 | USD 10,676.4 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Clinical chemistry |
| Fastest growing segment | Medical Microbiology & Cytology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Human & Tumor Genetics, Clinical Chemistry, Medical Microbiology & Cytology, Other Esoteric Tests |
| Key market players worldwide | Labcorp Holdings Inc, Qiagen NV, Eurofins Scientific SE, Quest Diagnostics Inc, OPKO Health Inc, Siemens Healthineers AG ADR, NeoGenomics Inc, Fresenius Medical Care AG, Sonic Healthcare Ltd, Charles River Laboratories International Inc, SYNLAB Group, Mayo Clinic |
Other key industry trends
- In terms of revenue, Japan accounted for 2.8% of the global clinical laboratory service market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China clinical laboratory service market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,676.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Clinical Laboratory Service Market Scope
Clinical Laboratory Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan clinical laboratory service 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 clinical laboratory service market will help companies and investors design strategic landscapes.
Clinical chemistry was the largest segment with a revenue share of 45.98% in 2023. Horizon Databook has segmented the Japan clinical laboratory service market based on human & tumor genetics, clinical chemistry, medical microbiology & cytology, other esoteric tests covering the revenue growth of each sub-segment from 2018 to 2030.
Geographic expansion strategies undertaken in the Asia Pacific market by major U.S.-based players to strengthen their position are anticipated to drive market growth in Japan. For instance, in June 2022, LabCorp expanded its central laboratory presence and drug development capabilities in Japan through an expansion of the CB Trial Laboratory.
Such expansions are likely to boost the market in Japan The market is expected to grow at a steady rate in the coming years due to the varying requirement of tests, which is mostly based on physicians’ demand for tests.
The MHLW Japan controls the reimbursement scenario in Japan. Japan launched a modernized list of reimbursement prices, along with devices and tests that are reimbursed. Most of the tests are performed in hospitals; over 50% of the clinical testing market is hospital-based.
Reasons to subscribe to Japan clinical laboratory service market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Japan clinical laboratory service market databook
-
Our clientele includes a mix of clinical laboratory service market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 clinical laboratory service market , including forecasts for subscribers. This country databook contains high-level insights into Japan clinical laboratory service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Japan clinical laboratory service market size, by test type, 2018-2030 (US$M)
Japan Clinical Laboratory Service Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
