Japan Neurology Clinical Trials Market Size & Outlook
Japan neurology clinical trials market, 2018-2030 (US$M)
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Japan neurology clinical trials market highlights
- The Japan neurology clinical trials market generated a revenue of USD 86.7 million in 2023 and is expected to reach USD 131.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, phase iii was the largest revenue generating phase in 2023.
- Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.
Neurology clinical trials market data book summary
| Market revenue in 2023 | USD 86.7 million |
| Market revenue in 2030 | USD 131.4 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Phase iii |
| Fastest growing segment | Phase I |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III, Phase IV |
| Key market players worldwide | Novartis AG ADR, Labcorp Holdings Inc, Medpace Holdings Inc, Charles River Laboratories International Inc, Icon PLC, GlaxoSmithKline Consumer Healthcare (GSK CH India), Aurora Innovation Inc Class A, Biogen Inc, IQVIA Holdings Inc, inVentiv Health |
Other key industry trends
- In terms of revenue, Japan accounted for 1.6% of the global neurology clinical trials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China neurology clinical trials 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 91.6 million by 2030.
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Neurology Clinical Trials Market Scope
Neurology Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan neurology clinical trials 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 neurology clinical trials market will help companies and investors design strategic landscapes.
Phase iii was the largest segment with a revenue share of 46.14% in 2023. Horizon Databook has segmented the Japan neurology clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.
In Japan, there is a high percentage of population above 65 years of age. The European Parliment states that one in four people in the country is above the age of 65, and Japan was ranked first in countries having the highest share of geriatric population.
The high geriatric population in the country is expected to increase the prevalence of neurological disorders such as dementia, Alzheimer’s disease, and Parkinson’s disease. This is expected to boost the demand for neurology research in the country.
The research studies in the country are actively involved in developing a technologically advanced treatment for neurological disorders. For instance, in November 2018, the researchers of Kyoto University Japan used reprogrammed stem cells to treat Parkinson’s disease. Such research studies being conducted are expected to boost the market in Japan over the forecast period.
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Target buyers of Japan neurology clinical trials market databook
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Our clientele includes a mix of neurology clinical trials 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 neurology clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Japan neurology clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan neurology clinical trials market size, by phase, 2018-2030 (US$M)
Japan Neurology Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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