Japan diagnostic lab
market is anticipated to register a robust growth in the forecast period,
2023-2027. The rising number of cases of chronic and infectious diseases, along
with the evolving healthcare environment are the primary factors driving the
diagnostic lab market across Japan. In addition to this, the increasing number
of patients suffering from infectious diseases, including gastrointestinal,
respiratory, STDs (sexually transmitted diseases), etc., is projected to
escalate the demand for diagnostic devices, which propels the diagnostic lab
market in Japan. With the growing utilization of diagnostic testing and
expanding awareness towards point of care testing are further augmenting the
market growth in Japan. Also, the sudden outbreak of COVID-19 pandemic has
escalated the demand for diagnostic testing which includes clinical chemistry,
immunology, hematology, etc., is bolstering the growth of the diagnostic lab
market across Japan. Besides this, continuous technological advancements, and
elevating adoption of novel technologies in the healthcare industry are
expected to drive the Japan diagnostic lab market in the coming years.
Diagnosis of Chronic and
Infectious Diseases Fuels the Market Growth
Infectious disease
diagnosis refers to the laboratory test which is performed by the skilled lab
technicians under the guidance of physicians. The diagnostic lab market is
growing due to rise in prevalence of numerous chronic and infectious disease
such as influenza, HIV, AIDS, COVID-19, and hepatitis. Diagnostic lab centers
are getting funds from private & public organization to enhance the
infrastructure of testing center on account of the increasing infectious and
chronic diseases. Along with this, the technological advancements in the field
of infectious diseases diagnostics are also contributing to the market growth. Inflating awareness among individuals for
early diagnosis and management of infectious disease as well as growing number
of information technology system to launch advanced diagnostic devices are
expected to drive the Japan diagnostic labs market in the upcoming years.
Growing Demand for Point-of-Care
Diagnostic Test Boost the Market Growth
The rising prevalence of several chronic diseases, including
cancer, gastrointestinal ailments, and respiratory disorder is propelling the
need for point-of-care diagnostic test in the country. Additionally, the sudden
outbreak of COVID-19 has escalated the demand for rapid testing kits which is
further supporting the market growth.
Furthermore, government bodies of Japan are taking initiatives to
increase the adoption of point-of-care testing devices to diagnose the
infectious diseases. The shifting preference towards the home-based healthcare
and self-testing is supporting the market growth. Increase in number of
clia-waved POC tests and expansion in healthcare expenditure across the globe
are also bolstering the growth of the diagnostic market. The rising awareness
regarding the POC testing devices through conferences and events is further
anticipated to augment the market growth in the coming years.
Incorporation of Advanced Technologies
is Projected to Augment the Market Growth
The innovations of advanced testing kits
in the diagnostic labs are giving the test result at the earliest which is
escalating the demand for diagnostic labs across Japan. In healthcare industry,
the introduction of artificial intelligence is replacing labor-intensive and
time-consuming operations with rapid, remote-accessible, and real-time
solutions for diagnosis and disease prevention. Technological advancements also
include Next Generation Sequencing (NGS) which is upgrading the results of the
testing. Innovative technologies made the user friendly and portable devices
for people to diagnose the diseases with the accurate results. Numerous leading
market players are launching disposable test cartridges and
microprocessor-based analyzers to diagnose infectious diseases at home which is
expected to grow Japan diagnostic labs market at a significant rate over the forecasted
period.
DOWNLOAD FREE SAMPLE REPORT
Market Segmentation
The Japan diagnostic labs market is
segmented into provider type, test type, end user, and competitive landscape. Based on provider type, the market is
divided into Hospital, Stand-Alone Centre, Diagnostic Chains. Based on test
type, the market is divided into Radiology and Pathology. Based on end
user, the market is divided into Corporate Clients, Walk-ins, and Referrals.
Market Players
Miraca Holdings Inc., Eurofins
Scientific (Genetic Lab), BML, Inc., Forest Japan Medical Centre, H.U. Group are
among the leading market players operating in the Japan diagnostic labs market.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 –
2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023
– 2027
|
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
|
Segments covered
|
·
Provider Type
·
Test Type
·
End User
|
|
Regional scope
|
Hokkaido
& Tohoku, Kanto, Chubu, Kansai, Chugoku, Shikoku, and Kyushu.
|
|
Key companies profiled
|
Miraca Holdings Inc., Eurofins Scientific (Genetic Lab), BML,
Inc., Forest Japan Medical Centre, H.U. Group
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and
Excel through Email (We can also provide the editable version of the report in
PPT/Word format on special request)
|
Report Scope:
In this report, Japan diagnostic labs market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
- Japan Diagnostic Labs Market, By Provider
Type:
o Hospital
o Stand-Alone Centre
o Diagnostic Chains
·
Japan Diagnostic Labs
Market, By Test Type:
o
Radiology
o
Pathology
·
Japan Diagnostic Labs
Market, By End User:
o Corporate Clients
o Walk-ins
o Referrals
·
Japan Diagnostic Labs
Market, By Region:
o Hokkaido & Tohoku, Kanto, Chubu,
Kansai, Chugoku, Shikoku, and Kyushu
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Japan diagnostic labs market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of additional
market players (up to five).
Japan diagnostic labs market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]