Japan Medical Imaging Market Size & Outlook, 2023-2030
Japan medical imaging market, 2018-2030 (US$M)
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Japan medical imaging market highlights
- The Japan medical imaging market generated a revenue of USD 1,614.0 million in 2023 and is expected to reach USD 2,401.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, ultrasound was the largest revenue generating technology in 2023.
- Computed Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
Medical imaging market data book summary
| Market revenue in 2023 | USD 1,614.0 million |
| Market revenue in 2030 | USD 2,401.9 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Computed Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging |
| Key market players worldwide | GE Aerospace, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, FUJIFILM Holdings Corp, Carestream Health - HCIS business, Hitachi Ltd, Samsung Electronics Co Ltd, Koning, PerkinElmer, Konica Minolta Inc, Esaote, Hologic Inc, Varex Imaging Corp |
Other key industry trends
- In terms of revenue, Japan accounted for 4.1% of the global medical imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical imaging 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 2,401.9 million by 2030.
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan medical imaging 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 medical imaging market will help companies and investors design strategic landscapes.
Ultrasound was the largest segment with a revenue share of 32.94% in 2023. Horizon Databook has segmented the Japan medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Most healthcare facilities in Japan are well-equipped with advanced and latest medical imaging device technologies. In recent times, there has been growth in the adoption of medical imaging devices in primary care centers and clinics.
This can be attributed to the launch of novel medical imaging devices, which are available at affordable prices, coupled with a growing interest shown by physicians in early clinical interventions. In 2019, Healcerion, a Korean medical device manufacturer, sold 100 units of its wireless handheld ultrasound device within a month in Japan.
Most orders were received from healthcare facilities, such as clinics and primary care centers. In June 2020, Philips declared that Lumify, its handheld ultrasound solution, is available in Japan commercially. Philips received clearance from Japan’s healthcare authority to introduce the ultrasound solution for compatible handheld devices.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan medical imaging market , including forecasts for subscribers. This country databook contains high-level insights into Japan medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan medical imaging market size, by technology, 2018-2030 (US$M)
Japan Medical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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