Japan Product Design And Development Services Market Size & Outlook
Japan product design and development services market, 2018-2030 (US$M)
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Japan product design and development services market highlights
- The Japan product design and development services market generated a revenue of USD 1,647.9 million in 2022 and is expected to reach USD 3,393.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.5% from 2023 to 2030.
- In terms of segment, research, strategy, & concept generation was the largest revenue generating services in 2022.
- Process Validation, Manufacturing Transfer & Design Validation is the most lucrative services segment registering the fastest growth during the forecast period.
Product design and development services market data book summary
| Market revenue in 2022 | USD 1,647.9 million |
| Market revenue in 2030 | USD 3,393.6 million |
| Growth rate | 9.5% (CAGR from 2022 to 2030) |
| Largest segment | Research, strategy, & concept generation |
| Fastest growing segment | Process Validation, Manufacturing Transfer & Design Validation |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Research, Strategy, & Concept Generation, Concept & Requirements Development, Detailed Design & Process Development, Design Verification, Process Validation, Manufacturing Transfer & Design Validation, Production & Commercial Support |
| Key market players worldwide | Ximedica, DeviceLab, Jabil Inc, Flex Ltd, Plexus Corp, Celestica Inc Ordinary Shares (Subordinate Voting), StarFish Medical, Nordson Corp, Planet Innovation, Donatelle, Cambridge Design Partnership, Integer Holdings Corp, Cirtec Medical |
Other key industry trends
- In terms of revenue, Japan accounted for 10.4% of the global product design and development services market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China product design and development services 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 2,713.9 million by 2030.
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Product Design And Development Services Market Scope
Product Design And Development Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan product design and development services 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 product design and development services market will help companies and investors design strategic landscapes.
Research, strategy, & concept generation was the largest segment with a revenue share of 39.82% in 2022. Horizon Databook has segmented the Japan product design and development services market based on research, strategy, & concept generation, concept & requirements development, detailed design & process development, design verification, process validation, manufacturing transfer & design validation, production & commercial support covering the revenue growth of each sub-segment from 2018 to 2030.
Rapid technological advancements and high healthcare expenditure are some of the key factors supporting the market growth in the country. Japan is expected to grow at a lucrative rate during the forecast period, owing to the rise in demand for new and cost-effective medical devices.
The presence of a stringent regulatory framework and high standards for medical device development are boosting the demand for CRO services in the country. There is a high demand for orthopedic and dental implants in the country, owing to the high burden of bone and dental-related illnesses.
In Japan, even if the medical device is approved in other countries, devices such as implants require local clinical trials. The growing demand for implants in Japan is likely to improve the number of new research studies, thus promoting market growth in the country.
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Our clientele includes a mix of product design and development services 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 product design and development services market , including forecasts for subscribers. This country databook contains high-level insights into Japan product design and development services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan product design and development services market size, by services, 2018-2030 (US$M)
Japan Product Design And Development Services Market Outlook Share, 2022 & 2030 (US$M)
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