South Korea Breast Cancer Drugs Market Size & Outlook
South Korea breast cancer drugs, 2018-2030 (US$M)
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South Korea breast cancer drugs highlights
- The South Korea breast cancer drugs generated a revenue of USD 253.1 million in 2023 and is expected to reach USD 474.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, targeted therapy was the largest revenue generating therapy in 2023.
- Immunotherapy is the most lucrative therapy segment registering the fastest growth during the forecast period.
Breast cancer drugs data book summary
| Market revenue in 2023 | USD 253.1 million |
| Market revenue in 2030 | USD 474.5 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Targeted therapy |
| Fastest growing segment | Immunotherapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chemotherapy, Immunotherapy, Targeted Therapy, Hormonal Therapy |
| Key market players worldwide | Novartis AG ADR, Pfizer Inc, Merck KGaA, Janssen Pharmaceuticals, Celgene, Roche Holding AG, AstraZeneca PLC, AbbVie Inc, Bristol-Myers Squibb Co, Macrogenics Inc, Celldex Therapeutics Inc, Sanofi SA, Amgen Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.9% of the global breast cancer drugs in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China breast cancer drugs is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 885.9 million by 2030.
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Breast Cancer Drugs Scope
Breast Cancer Drugs Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea breast cancer drugs 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 breast cancer drugs will help companies and investors design strategic landscapes.
Targeted therapy was the largest segment with a revenue share of 64.24% in 2023. Horizon Databook has segmented the South Korea breast cancer drugs based on chemotherapy, immunotherapy, targeted therapy, hormonal therapy covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea breast cancer drugs market is estimated to experience lucrative growth over the forecast period. According to the data published by the WHO, in 2018, approximately 23,476 new cases were observed in Korea. In addition, around 2,730 deaths were observed due to it.
Increasing awareness related to cancer via the Pink Ribbon Campaign is anticipated to boost market growth. According to the Breast Cancer in Asia report, this country has the highest number of mammography units per woman aged 50 to 69 years.
It also provides free mammography for women in the bottom half of national income distribution and contacts all of those who are scheduled to undergo the procedure in a given year. The National Human Resources Development Institute (NHI) is the prime reimbursement body in South Korea.
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Target buyers of South Korea breast cancer drugs databook
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Our clientele includes a mix of breast cancer drugs 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 South Korea breast cancer drugs, including forecasts for subscribers. This country databook contains high-level insights into South Korea breast cancer drugs from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea breast cancer drugs market size, by therapy, 2018-2030 (US$M)
South Korea Breast Cancer Drugs Share, 2023 & 2030 (US$M)
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