South Korea Cancer Vaccines Market Size & Outlook

The cancer vaccines market in South Korea is expected to reach a projected revenue of US$ 461.5 million by 2030. A compound annual growth rate of 9.4% is expected of South Korea cancer vaccines market from 2024 to 2030.
Revenue, 2023 (US$M)
$246.4
Forecast, 2030 (US$M)
$461.5
CAGR, 2024 - 2030
9.4%
Report Coverage
South Korea

South Korea cancer vaccines market highlights

  • The South Korea cancer vaccines market generated a revenue of USD 246.4 million in 2023 and is expected to reach USD 461.5 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, preventive cancer vaccines was the largest revenue generating vaccine type in 2023.
  • Other Types is the most lucrative vaccine type segment registering the fastest growth during the forecast period.

Cancer vaccines market data book summary

Market revenue in 2023USD 246.4 million
Market revenue in 2030USD 461.5 million
Growth rate9.4% (CAGR from 2023 to 2030)
Largest segmentPreventive cancer vaccines
Fastest growing segmentOther Types
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPreventive Cancer Vaccines, Therapeutic Cancer Vaccines, Other Types
Key market players worldwideMerck & Co Inc, GSK PLC, Dynavax Technologies, Ferring, Amgen Inc, Moderna Inc, Sanofi SA, AstraZeneca PLC, Bristol-Myers Squibb Co

Other key industry trends

  • In terms of revenue, South Korea accounted for 2.9% of the global cancer vaccines market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China cancer vaccines market 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 1,307.6 million by 2030.

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Cancer Vaccines Market Companies

Name Profile # Employees HQ Website

South Korea cancer vaccines 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 cancer vaccines market will help companies and investors design strategic landscapes.


Preventive cancer vaccines was the largest segment with a revenue share of 94.36% in 2023. Horizon Databook has segmented the South Korea cancer vaccines market based on preventive cancer vaccines, therapeutic cancer vaccines, other types covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Cancer Vaccines Vaccine Type Outlook (Revenue, USD Million, 2018-2030)
    • Preventive Cancer Vaccines
    • Therapeutic Cancer Vaccines
    • Other Types
  • South Korea Cancer Vaccines Indication Type Outlook (Revenue, USD Million, 2018-2030)
    • Prostate Cancer
    • Bladder Cancer
    • Melanoma
    • Cervical
    • Other Indications
  • South Korea Cancer Vaccines Technology Type Outlook (Revenue, USD Million, 2018-2030)
    • Recombinant Cancer Vaccines
    • Viral Vector and DNA Cancer Vaccines
    • Other Technologies

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Target buyers of South Korea cancer vaccines market databook

  • Our clientele includes a mix of cancer vaccines market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 cancer vaccines market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cancer vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea cancer vaccines market size, by vaccine type, 2018-2030 (US$M)

South Korea Cancer Vaccines Market Outlook Share, 2023 & 2030 (US$M)

South Korea cancer vaccines market size, by vaccine type, 2018-2030 (US$M)

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