Japan Serum Blood Market was valued at USD 0.7 Billion in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
The Japanese serum blood market is experiencing notable growth, driven by advancements in blood processing technologies and a rising demand for diagnostic testing. This expansion is crucial for industries reliant on blood-derived products, such as pharmaceuticals and diagnostics.
Market Overview
In 2024, Japan's blood processing devices and consumables market generated approximately USD 2,891.5 million, with projections indicating a rise to USD 4,433.6 million by 2030, reflecting a CAGR of 7.4% from 2025 to 2030. This growth underscores the increasing importance of efficient blood processing in medical and research applications.
Key Market Segments
Devices: This segment led the market in 2024, encompassing equipment essential for blood collection, separation, and analysis. Industries require reliable devices to ensure the integrity and safety of blood samples.
Consumables: Anticipated to be the fastest-growing segment, consumables include items like collection tubes and reagents. Their consistent demand is vital for uninterrupted diagnostic and therapeutic processes.
Industry Requirements
Industries utilizing serum blood products prioritize:
Quality and Safety: Adherence to stringent quality controls ensures product safety, aligning with regulatory standards.
Technological Innovation: Advanced technologies enhance the accuracy and efficiency of blood processing, meeting the evolving needs of healthcare providers.
Regulatory Compliance: Compliance with national and international regulations is mandatory, necessitating continuous updates to industry practices.
Regional Insights
The Kanto region, housing a significant portion of Japan's population, exhibits a high demand for plasma-derived therapies, driven by conditions like hemophilia and immunodeficiency disorders. This demand emphasizes the need for a robust serum blood market to support therapeutic applications.
Recent Developments
Takeda's Investment: In March 2023, Takeda announced an investment of approximately USD 0.67 billion to construct a new manufacturing facility for plasma-derived therapies in Osaka. This development signifies a substantial expansion in Japan's capacity to produce serum-based products.
International Collaboration: Japan initiated the export of human blood products in February 2023, aiming to support healthcare services in developing countries. This move highlights Japan's commitment to global health and the significance of its serum blood market on an international scale.
Market Outlook
The Japanese serum blood market is poised for sustained growth, driven by technological advancements and increasing healthcare demands. Industries must adapt to these changes, ensuring they meet the evolving requirements for quality, safety, and innovation in blood-derived products.
In a related context, the "100 Gigabit Fiber Optic Transceiver Market Type and requirement from industries" also reflects the importance of technological advancements in meeting industry demands, paralleling the developments seen in Japan's serum blood market.
Get an In-Depth Research Analysis of the Japan Serum Blood Market Size And Forecast [2025-2032]
Thermo Fisher (Life-Tech)
Sigma-Aldrich
Merck
Corning
Bovogen
Moregate Biotech
Biowest
Gemini
Bioind
Tissue Culture Biologicals
Thermo Fisher (Life-Tech)
South Pacific Sera
Lanzhou Minhai
Changchun Xinuo
Wuhan Sanli
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Serum Blood Market
Bovine Serum
Porcine Serum
Equine Serum
Research and Development
Diagnostics
Therapeutics
Pharmaceutical Companies
Academic Institutions
Clinical Laboratories
Biotechnology Firms
Lyophilized Serum
Liquid Serum
Blood Donors
Derived from Cell Cultures
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Serum Blood Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Serum Blood Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Serum Blood Market, By Type
6. Japan Serum Blood Market, By Application
7. Japan Serum Blood Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Serum Blood Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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