Japan Sterile Tubing Welder Market Size & Outlook
Japan sterile tubing welder market, 2018-2030 (US$M)
Related Markets
Japan sterile tubing welder market highlights
- The Japan sterile tubing welder market generated a revenue of USD 120.2 million in 2022 and is expected to reach USD 180.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.2% from 2023 to 2030.
- In terms of segment, blood processing was the largest revenue generating application in 2022.
- Blood Processing is the most lucrative application segment registering the fastest growth during the forecast period.
Sterile tubing welder market data book summary
| Market revenue in 2022 | USD 120.2 million |
| Market revenue in 2030 | USD 180.9 million |
| Growth rate | 5.2% (CAGR from 2022 to 2030) |
| Largest segment | Blood processing |
| Fastest growing segment | Blood Processing |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopharmaceutical, Blood Processing, Diagnostic Laboratories, Other Applications |
| Key market players worldwide | Sartorius AG, Terumo Corp, GE HealthCare Technologies Inc Common Stock, Syngene, Flex Ltd, MGA Technologies, GenesisBPS, Sentinel Process Systems, LePure Biotech |
Other key industry trends
- In terms of revenue, Japan accounted for 5.2% of the global sterile tubing welder market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan sterile tubing welder 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 150.4 million by 2030.
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Sterile Tubing Welder Market Scope
Sterile Tubing Welder Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan sterile tubing welder 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 sterile tubing welder market will help companies and investors design strategic landscapes.
Blood processing was the largest segment with a revenue share of 61.31% in 2022. Horizon Databook has segmented the Japan sterile tubing welder market based on biopharmaceutical, blood processing, diagnostic laboratories, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Japan holds the largest market for the sterile tubing welder market. Some of the key drivers that can be attributed to the growth of sterile tubing welder market in Japan are technological advancements and an increase in healthcare expenditure.
Moreover, the government of Japan is actively investing to improve healthcare services in the country. Japan is expected to dominate Asia Pacific sterile tubing welder market during the forecast period, owing to rising kidney and blood disorders, and an increase in demand for new and cost-effective medical devices.
The prevalence of kidney diseases has increased in Japan due to the factor such as increasing geriatric population, smoking, hypertension, low levels of high-density lipoprotein. This has increased the number of dialysis centers across Japan.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan sterile tubing welder market, including forecasts for subscribers. This country databook contains high-level insights into Japan sterile tubing welder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan sterile tubing welders market size, by application, 2018-2030 (US$M)
Japan Sterile Tubing Welder Market Share, 2022 & 2030 (US$M)
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