In 2019, the market size of the Japanese personalized medicine industry was estimated to stand at approximately 879 billion Japanese yen. The market was predicted to grow in the next few years, reaching a market size of around 975 billion yen in 2023.
Personalized medicine market size in Japan in 2019 with a forecast until 2023
(in billion Japanese yen)
*Forecasts. The personalized medicine market in this research refers to the market of five areas. Five areas of the personalized medicine market: 1) Diagnostic drugs for determining the effect and side reaction of the medicine for each of patients (market size calculated based on the drug price) 2) Companion-diagnostics-related clinical test services (market size calculation based on the sales at businesses) 3) Molecular targeted drugs to be administered after diagnosis (market size based on the drug price) 4) DNA chips used at companion diagnosis 5) NGS as known as next-generation DNA sequencers (both market sizes calculated based on the shipment value at manufacturers)
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022. Values have been rounded.
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Yano Research. (August 26, 2020). Personalized medicine market size in Japan in 2019 with a forecast until 2023 (in billion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1185141/japan-personalized-medicine-market-size/
Yano Research. "Personalized medicine market size in Japan in 2019 with a forecast until 2023 (in billion Japanese yen)." Chart. August 26, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1185141/japan-personalized-medicine-market-size/
Yano Research. (2020). Personalized medicine market size in Japan in 2019 with a forecast until 2023 (in billion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1185141/japan-personalized-medicine-market-size/
Yano Research. "Personalized Medicine Market Size in Japan in 2019 with a Forecast until 2023 (in Billion Japanese Yen)." Statista, Statista Inc., 26 Aug 2020, https://www.statista.com/statistics/1185141/japan-personalized-medicine-market-size/
Yano Research, Personalized medicine market size in Japan in 2019 with a forecast until 2023 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1185141/japan-personalized-medicine-market-size/ (last visited November 21, 2024)
Personalized medicine market size in Japan in 2019 with a forecast until 2023 (in billion Japanese yen) [Graph], Yano Research, August 26, 2020. [Online]. Available: https://www.statista.com/statistics/1185141/japan-personalized-medicine-market-size/