Japan Molecular Diagnostics Market Size & Outlook
Japan molecular diagnostics market, 2018-2030 (US$M)
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Japan molecular diagnostics market highlights
- The Japan molecular diagnostics market generated a revenue of USD 1,263.1 million in 2023 and is expected to reach USD 1,256.8 million by 2030.
- The Japan market is expected to grow at a CAGR of -0.1% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Home Care is the most lucrative end use segment registering the fastest growth during the forecast period.
Molecular diagnostics market data book summary
| Market revenue in 2023 | USD 1,263.1 million |
| Market revenue in 2030 | USD 1,256.8 million |
| Growth rate | -0.1% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Home Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Home Care |
| Key market players worldwide | Becton Dickinson & Co, BioMerieux SA, Bio-Rad Laboratories Inc, Abbott Laboratories, Agilent Technologies Inc, Danaher Corp, Hologic Inc, Illumina Inc, Grifols SA Ordinary Shares - Class A, Qiagen NV, Roche Holding AG, Siemens Healthineers AG ADR, Sysmex Corp |
Other key industry trends
- In terms of revenue, Japan accounted for 2.6% of the global molecular diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China molecular diagnostics 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 1,256.8 million by 2030.
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Molecular Diagnostics Market Scope
Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan molecular diagnostics 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 molecular diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 46.92% in 2023. Horizon Databook has segmented the Japan molecular diagnostics market based on hospitals, outpatient facilities, home care covering the revenue growth of each sub-segment from 2018 to 2030.
The proportion of the geriatric population is increasing rapidly in Japan, wherein life expectancy & per capita income among the population aged 80 years and above are high. According to Japan’s Ministry of Health, Labor and Welfare, cancer is a major cause of death, contributing to around 30% of the mortality rate.
Aging has become a leading risk factor for numerous diseases like cancer. These factors are accelerating market growth in this region. In addition, the presence of key players such as Sysmex Corporation is expected to boost the market.
In addition, significant R&D is being undertaken by RIKEN, a renowned research institute in Japan, for the analysis and development of novel biomarkers. Major research agencies in Canada and Japan have collaborated to gain an understanding of the mechanism of genetic mutations.
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Our clientele includes a mix of molecular diagnostics 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 molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Japan molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan molecular diagnostics market size, by end use, 2018-2030 (US$M)
Japan Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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