Personalized medicine market size Japan 2019-2023

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

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Source

In cooperation with
Yano Research
Release date

August 2020

Region

Japan

Survey time period

2019

Supplementary notes

*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)

1 Japanese yen equals 0.0096 U.S. dollars or 0.0082 euros as of November 2020.
Values have been rounded.

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