Japan Hemato Oncology Testing Market Size & Outlook

The hemato oncology testing market in Japan is expected to reach a projected revenue of US$ 258.6 million by 2028. A compound annual growth rate of 11.5% is expected of Japan hemato oncology testing market from 2021 to 2028.
Revenue, 2020 (US$M)
$108.1
Forecast, 2028 (US$M)
$258.6
CAGR, 2021 - 2028
11.5%
Report Coverage
Japan

Japan hemato oncology testing market highlights

  • The Japan hemato oncology testing market generated a revenue of USD 108.1 million in 2020 and is expected to reach USD 258.6 million by 2028.
  • The Japan market is expected to grow at a CAGR of 11.5% from 2021 to 2028.
  • In terms of segment, lymphoma was the largest revenue generating cancer type in 2020.
  • Lymphoma is the most lucrative cancer type segment registering the fastest growth during the forecast period.


Hemato oncology testing market data book summary

Market revenue in 2020USD 108.1 million
Market revenue in 2028USD 258.6 million
Growth rate11.5% (CAGR from 2020 to 2028)
Largest segmentLymphoma
Fastest growing segmentLymphoma
Historical data2018 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationLeukemia, Lymphoma, MPNs, Other Cancers
Key market players worldwideRoche Holding AG, Abbott Laboratories, Qiagen NV, Danaher Corp, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, Illumina Inc, Bio-Techne Corp


Other key industry trends

  • In terms of revenue, Japan accounted for 4.6% of the global hemato oncology testing market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Asia Pacific, Japan hemato oncology testing market is projected to lead the regional market in terms of revenue in 2028.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 188.8 million by 2028.

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Hemato Oncology Testing Market Companies

Name Profile # Employees HQ Website

Japan hemato oncology testing 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 hemato oncology testing market will help companies and investors design strategic landscapes.


Lymphoma was the largest segment with a revenue share of 46.16% in 2020. Horizon Databook has segmented the Japan hemato oncology testing market based on leukemia, lymphoma, mpns, other cancers covering the revenue growth of each sub-segment from 2018 to 2028.


Japan's hemato oncology market accounted for largest market share in 2021 and is anticipated to hold dominant position over the forecast period. High prevalence of blood cancer, increasing healthcare infrastructure, and rising healthcare awareness are major driving factors that contribute to market growth.

According to data published by Globocan 2020, around 13,667 new cases of leukemia, 33,000 new cases of non-Hodgkin lymphoma, and 1,723 new cases of Hodgkin lymphoma were estimated to be diagnosed in the country.

The same source states that around 9,842, 15,218, and 224 people died from leukemia, non-Hodgkin lymphoma, and Hodgkin lymphoma, respectively, in Japan. Furthermore, an increase in approval and commercialization of tests in Japan, along with favorable insurance coverage, is likely to drive the market over the forecast period.

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Target buyers of Japan hemato oncology testing market databook

  • Our clientele includes a mix of hemato oncology testing 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 hemato oncology testing market , including forecasts for subscribers. This country databook contains high-level insights into Japan hemato oncology testing market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Japan hemato oncology testing market size, by cancer type, 2018-2028 (US$M)

Japan Hemato Oncology Testing Market Outlook Share, 2020 & 2028 (US$M)

Japan hemato oncology testing market size, by cancer type, 2018-2028 (US$M)

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