Japan In Vitro Diagnostics Market Size & Outlook, 2025-2028
Japan In Vitro Diagnostics Market Size
According to Straits Research analysis, the Japan In Vitro Diagnostics Market was valued at USD 6341.96 Million in 2024 and is projected to reach USD 7621.26 Million by 2028, expanding at a CAGR of 4.9% during the forecast period. This growth is largely fuelled by the healthcare and molecular diagnostics industries, with key drivers being the burgeoning senior population, increasing prevalence of chronic diseases and technological advancements in diagnostics. Furthermore, the enhancement in precision medicine and growing demand for point-of-care testing is presenting lucrative opportunities. Moreover, Japan's commitment to promoting green production and sustainability is expected to spotlight the country in the global scene. As a frontrunner in innovation and technology, Japan is well-positioned to dominate the In Vitro Diagnostics Market, further solidifying its place as a global healthcare leader.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan In Vitro Diagnostics Market Highlights
- Within the Product and Services category, Reagents and Kits dominated in 2024 in terms of market size contribution.
- Over the forecast period, Reagents and Kits is forecasted to deliver the fastest growth, positioning it as the most lucrative Product and Services segment.
- Japan contributed 7.64% to the global in vitro diagnostics market size in 2024.
- By 2028, United States is forecasted to remain the largest global market for in vitro diagnostics market.
- In Asia Pacific, China is projected to capture the leading share of market by 2028.
- Among Asia Pacific markets, India is expected to post the fastest growth, reaching USD 58503 Million by 2028.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2028 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2028 |
| Market Size In 2024 | USD 6341.96 Million |
| Market Size In 2028 | USD 7621.26 Million |
| Largest segment | Reagents and Kits |
| Fastest segment | Reagents and Kits |
| Units | Revenue in USD Million |
| CAGR | 4.9% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Japan In Vitro Diagnostics Market Share By Product and Services
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Product and Services |
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| Technology |
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| Application |
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| End User |
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Japan In Vitro Diagnostics Market By Product and Services 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan In Vitro Diagnostics Market By Technology 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan In Vitro Diagnostics Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan In Vitro Diagnostics Market By End User 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
