Japan Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook
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Japan nuclear magnetic resonance spectroscopy market highlights
- The Japan nuclear magnetic resonance spectroscopy market generated a revenue of USD 51.6 million in 2023 and is expected to reach USD 75.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, academic was the largest revenue generating end use in 2023.
- Pharmaceutical & Biotech companies is the most lucrative end use segment registering the fastest growth during the forecast period.
Nuclear magnetic resonance spectroscopy market data book summary
| Market revenue in 2023 | USD 51.6 million |
| Market revenue in 2030 | USD 75.5 million |
| Growth rate | 5.6% (CAGR from 2024 to 2030) |
| Largest segment | Academic |
| Fastest growing segment | Pharmaceutical & Biotech companies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Academic, Pharmaceutical & Biotech companies, Agriculture and Food, Chemical Industries |
Other key industry trends
- In terms of revenue, Japan accounted for 7.1% of the global nuclear magnetic resonance spectroscopy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan nuclear magnetic resonance spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 48.9 million by 2030.
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Nuclear Magnetic Resonance Spectroscopy Market Scope
Nuclear Magnetic Resonance Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| QOneTec | View profile | 11-50 | Dietlikon, Zurich, Switzerland, Europe | https://www.qonetec.com |
| Anasazi Instruments | View profile | 11-50 | New Palestine, Indiana, United States, North America | https://www.aiinmr.com |
| Magritek Ltd | View profile | 51-100 | Aachen, Nordrhein-Westfalen, Germany, Europe | http://www.magritek.com |
| Nanalysis Scientific Corp Ordinary Shares | View profile | 107 | Bay 105, 90 Freeport Blvd. NE, Calgary, AB, Canada, T3J 5J9 | https://www.nanalysis.com |
| Oxford Instruments PLC | View profile | 1871 | Tubney Woods, Abingdon, Oxfordshire, United Kingdom, OX13 5QX | https://www.oxinst.com |
| Jeol Ltd | View profile | 3351 | 1-2, Musashino 3-chome, Akishima, Tokyo, Japan, 196-8558 | http://www.jeol.co.jp |
| Bruker Corp | View profile | 9707 | 40 Manning Road, Billerica, MA, United States, 01821 | https://www.bruker.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Japan nuclear magnetic resonance spectroscopy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nuclear magnetic resonance spectroscopy market will help companies and investors design strategic landscapes.
Academic was the largest segment with a revenue share of 42.64% in 2023. Horizon Databook has segmented the Japan nuclear magnetic resonance spectroscopy market based on academic, pharmaceutical & biotech companies, agriculture and food, chemical industries covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is anticipated to account for a significant share of the Asia Pacific NMR spectroscopy market, as it has one of the most developed pharmaceutical & biotechnology sectors. Moreover, the high prevalence of chronic diseases and the unprecedented outbreak of the COVID-19 pandemic have led to an increase in R&D activities for developing novel therapies & vaccines.
These factors are creating a high demand for NMR spectroscopy solutions in Japan. Furthermore, increasing penetration of key players in Japan is anticipated to support market growth. For instance, in April 2023, JEOL Ltd. introduced a cryogen reclamation system to reduce the evaporation of liquid helium used in the superconducting magnet for NMR spectroscopy.
Moreover, the presence of sophisticated research institutes in the country focusing on NMR research is likely to boost the market over the forecast period. For instance, the National Institute for Material Science in Japan has a sloidstate NMR group to offer essential information & performance of key materials.
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Target buyers of Japan nuclear magnetic resonance spectroscopy market databook
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Our clientele includes a mix of nuclear magnetic resonance spectroscopy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into Japan nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan End Use - Nuclear Magnetic Resonance Spectroscopy Market size, 2023 - 2030 (US$M)
Japan Nuclear Magnetic Resonance Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)
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