Japan Health Sensors Market Size & Outlook, 2021-2030
Japan health sensors market, 2018-2030 (US$M)
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Japan health sensors market highlights
- The Japan health sensors market generated a revenue of USD 3,189.2 million in 2021 and is expected to reach USD 12,664.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 16.6% from 2022 to 2030.
- In terms of segment, wearable sensors was the largest revenue generating product in 2021.
- Implantable/ingestible sensors is the most lucrative product segment registering the fastest growth during the forecast period.
Health sensors market data book summary
| Market revenue in 2021 | USD 3,189.2 million |
| Market revenue in 2030 | USD 12,664.3 million |
| Growth rate | 16.6% (CAGR from 2021 to 2030) |
| Largest segment | Wearable sensors |
| Fastest growing segment | Implantable/ingestible sensors |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hand held diagnostic sensors, Wearable sensors, Implantable/ingestible sensors |
| Key market players worldwide | Analog Devices Inc, Danaher Corp, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Medtronic PLC, Smiths Group PLC, Koninklijke Philips NV, Stryker Corp, Abbott Laboratories, Roche Holding AG ADR, Hologic Inc |
Other key industry trends
- In terms of revenue, Japan accounted for 7.7% of the global health sensors market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan health sensors market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,425.6 million by 2030.
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Health Sensors Market Scope
Health Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan health sensors 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 health sensors market will help companies and investors design strategic landscapes.
Wearable sensors was the largest segment with a revenue share of 40.94% in 2021. Horizon Databook has segmented the Japan health sensors market based on hand held diagnostic sensors, wearable sensors, implantable/ingestible sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The Japan Patient Monitoring Market is expected to grow at a CAGR of 20.37% during the forecast period owing to factors such as the rising prevalence of chronic diseases and the growing inclination for home and remote monitoring. In Japan, cardiovascular illnesses are a primary cause of morbidity and mortality.
The number of geriatrics is expected to rise in the next years, increased vulnerability to chronic diseases like diabetes and other illnesses, resulting in market growth in the near future. As a result, managing a patient's entire health has become critical, and these reasons are projected to drive up demand for healthcare sensors.
Furthermore, according to a study published in the International Journal of Chronic Obstructive Pulmonary Disease 2018, chronic obstructive pulmonary disease (COPD) is a considerable socioeconomic burden in Japan, according to Ataru Igarashi et al. COPD patients in Japan say they use a lot of health-care resources.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan health sensors market , including forecasts for subscribers. This country databook contains high-level insights into Japan health sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan health sensors market size, by product, 2018-2030 (US$M)
Japan Health Sensors Market Outlook Share, 2021 & 2030 (US$M)
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