Market revenue in 2023 | USD 0.7 million |
Market revenue in 2030 | USD 1.8 million |
Growth rate | 15.6% (CAGR from 2023 to 2030) |
Largest segment | Neurology |
Fastest growing segment | Orthopedic |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Dental, Orthopedic, Neurology |
Key market players worldwide | GlaxoSmithKline, Hewlett Packard Enterprise Co, Merck KGaA, AstraZeneca PLC, Aprecia Pharmaceuticals, Extend Biosciences, BioDuro, Affini-T Therapeutics, Osmotica Pharmaceutical, FabRx, Cycle Pharmaceuticals |
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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 3d printed drugs market will help companies and investors design strategic landscapes.
Neurology was the largest segment with a revenue share of 42.86% in 2023. Horizon Databook has segmented the South Korea 3d printed drugs market based on dental, orthopedic, neurology covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea has established a notable presence in biomedical research & biotechnology. South Korea is witnessing notable growth in its 3D printed drugs market, fueled by a combination of advanced technology infrastructure and a focus on precision medicine. The country's well-established reputation for technological innovation, coupled with a high standard of healthcare, is propelling the adoption of 3D printing in drug development.
Moreover, governmental support, research collaborations, and strategic partnerships between academia, industry, and research institutions are driving advancements in 3D printing technology for pharmaceutical applications. The potential to tailor medications to specific patient needs is a key growth driver, attracting both domestic and international investment in this sector.
Moreover, growing startups in 3D printed drugs market are expected to fuel market growth. For instance, in May 2021, Dong-A Pharmaceutical was chosen by the Ministry of Trade, Industry, and Energy to organize the "3D Printing Technology-Based Customized Drug Development" project.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea 3d printed drugs market , including forecasts for subscribers. This country databook contains high-level insights into South Korea 3d printed drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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