Japan Dna Sequencing Market Size & Outlook, 2023-2030
Japan dna sequencing market, 2018-2030 (US$M)
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Japan dna sequencing market highlights
- The Japan dna sequencing market generated a revenue of USD 485.6 million in 2023 and is expected to reach USD 2,098.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 23.3% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product & service in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
Dna sequencing market data book summary
| Market revenue in 2023 | USD 485.6 million |
| Market revenue in 2030 | USD 2,098.6 million |
| Growth rate | 23.3% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, Agilent Technologies Inc, Illumina Inc, Qiagen NV, Roche Holding AG, Macrogenics Inc, PerkinElmer, Pacific Biosciences of California Inc, BGI Group, BGC Group Inc Ordinary Shares Class A, Bio-Rad Laboratories Inc, Myriad Genetics Inc, PierianDx, Eurofins Scientific SE |
Other key industry trends
- In terms of revenue, Japan accounted for 3.9% of the global dna sequencing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China dna sequencing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,782.1 million by 2030.
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DNA Sequencing Market Scope
DNA Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan dna sequencing 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 dna sequencing market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 48.81% in 2023. Horizon Databook has segmented the Japan dna sequencing market based on consumables, instruments, services covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare and clinical research service providers in Japan have been integrating Next-Generation Sequencing (NGS) technologies for the past couple of years and are expected to account for a considerable share of Asia Pacific DNA sequencing revenue share.
Ongoing developments in HLA and prenatal NGS testing coupled with international collaborations with U.S. & European companies are expected to fuel the growth of Japan DNA sequencing market during the forecast period.
Various cancer gene panels that are to be used in clinical practice have also been approved by the Ministry of Health, Labour and Welfare of Japan. However, a medical protocol for reporting and interpreting clinical variants must be developed.
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Our clientele includes a mix of dna sequencing 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 dna sequencing market , including forecasts for subscribers. This country databook contains high-level insights into Japan dna sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan dna sequencing market size, by product & service, 2018-2030 (US$M)
Japan DNA Sequencing Market Outlook Share, 2023 & 2030 (US$M)
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