Japan Genotyping Market Size & Outlook, 2023-2030
Japan genotyping market, 2018-2030 (US$M)
Related Markets
Japan genotyping market highlights
- The Japan genotyping market generated a revenue of USD 1,166.4 million in 2023 and is expected to reach USD 3,239.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 15.7% from 2024 to 2030.
- In terms of segment, reagents & kits was the largest revenue generating product in 2023.
- Reagents & kits is the most lucrative product segment registering the fastest growth during the forecast period.
Genotyping market data book summary
| Market revenue in 2023 | USD 1,166.4 million |
| Market revenue in 2030 | USD 3,239.3 million |
| Growth rate | 15.7% (CAGR from 2023 to 2030) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Reagents & kits |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents & kits, Services |
| Key market players worldwide | Illumina Inc, Thermo Fisher Scientific Inc, Qiagen NV, Roche, Fluidigm Corporation, Danaher Corp, Agilent Technologies, Eurofins Scientific SE, GE HealthCare Technologies Inc Common Stock, Bio-Rad Laboratories Inc |
Other key industry trends
- In terms of revenue, Japan accounted for 6.5% of the global genotyping market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan genotyping 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 1,181.6 million by 2030.
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Genotyping Market Scope
Genotyping Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan genotyping 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 genotyping market will help companies and investors design strategic landscapes.
Reagents & kits was the largest segment with a revenue share of 61.17% in 2023. Horizon Databook has segmented the Japan genotyping market based on instruments, reagents & kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
In Japan, organizations, such as Japan Biological Informatics Consortium (JBIC), which are engaged in drug development, enable collaborations and provision of services for drug research, thereby contributing to the large revenue share of Asia Pacific market.
Many research institutions are involved in collaborations with regulatory authorities to develop novel genotyping technologies. The Japanese government and regulatory authorities have implemented a framework to encourage collaborations and partnerships.
High healthcare expenditure in Japan is another factor driving market growth. Moreover, strong presence of local players in the market is anticipated to boost market growth. For instance, Toshiba provides Japonica Array to pharmaceutical companies, hospitals, universities, and some research organizations in Japan.
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Target buyers of Japan genotyping market databook
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Our clientele includes a mix of genotyping market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 genotyping market , including forecasts for subscribers. This country databook contains high-level insights into Japan genotyping market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan genotyping market size, by product, 2018-2030 (US$M)
Japan Genotyping Market Outlook Share, 2023 & 2030 (US$M)
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