Japan Next Generation Cancer Diagnostics Market Size & Outlook
Japan next generation cancer diagnostics market, 2018-2030 (US$M)
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Japan next generation cancer diagnostics market highlights
- The Japan next generation cancer diagnostics market generated a revenue of USD 1,222.1 million in 2023 and is expected to reach USD 2,716.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, next generation sequencing was the largest revenue generating technology in 2023.
- Next Generation Sequencing is the most lucrative technology segment registering the fastest growth during the forecast period.
Next generation cancer diagnostics market data book summary
| Market revenue in 2023 | USD 1,222.1 million |
| Market revenue in 2030 | USD 2,716.6 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Next generation sequencing |
| Fastest growing segment | Next Generation Sequencing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Next Generation Sequencing, QPCR & Multiplexing, LOAC & RT-PCR, Protein Microarrays, DNA Microarrays |
| Key market players worldwide | Johnson & Johnson, Illumina Inc, Novartis AG ADR, Roche, Koninklijke Philips NV, Qiagen NV, Agilent Technologies Inc, Abbott Laboratories, Thermo Fisher Scientific Inc, GE HealthCare Technologies Inc Common Stock |
Other key industry trends
- In terms of revenue, Japan accounted for 7.8% of the global next generation cancer diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan next generation cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,064.2 million by 2030.
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Next Generation Cancer Diagnostics Market Scope
Next Generation Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan next generation cancer 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 next generation cancer diagnostics market will help companies and investors design strategic landscapes.
Next generation sequencing was the largest segment with a revenue share of 36.92% in 2023. Horizon Databook has segmented the Japan next generation cancer diagnostics market based on next generation sequencing, qpcr & multiplexing, loac & rt-pcr, protein microarrays, dna microarrays covering the revenue growth of each sub-segment from 2018 to 2030.
Japanese next generation cancer diagnostics market accounted for the larger share of revenue in 2015. This large share is a resultant outcome of active expansion strategy under execution by a number of market participants to strengthen their position in Asia Pacific region of this market.
For instance, Sysmex announced in October 2014 that after their acquisition of German companies Partek and Inostics, they will establish a Japanese base in Kobe Port Island for the development of companion diagnostics.
Furthermore, ongoing joint ventures and strategic alliances with Japanese and American companies for commercialization and development of pharmacogenomics and clinical molecular diagnostic products are also expected to fuel growth of the region.
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Our clientele includes a mix of next generation cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Japan next generation cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Japan next generation cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan next generation cancer diagnostics market size, by technology, 2018-2030 (US$M)
Japan Next Generation Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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