South Korea Cellular Health Screening Market Size & Outlook
South Korea cellular health screening market, 2018-2030 (US$M)
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South Korea cellular health screening market highlights
- The South Korea cellular health screening market generated a revenue of USD 52.6 million in 2023 and is expected to reach USD 99.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, single test panels was the largest revenue generating test type in 2023.
- Multi-test Panels is the most lucrative test type segment registering the fastest growth during the forecast period.
Cellular health screening market data book summary
| Market revenue in 2023 | USD 52.6 million |
| Market revenue in 2030 | USD 99.3 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Single test panels |
| Fastest growing segment | Multi-test Panels |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Test Panels, Multi-test Panels |
| Key market players worldwide | Cytek Biosciences Inc, Quest Diagnostics Inc, Labcorp Holdings Inc, OPKO Health Inc, Applied DNA Sciences Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global cellular health screening market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cellular health screening 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 209.5 million by 2030.
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Cellular Health Screening Market Scope
Cellular Health Screening Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea cellular health screening 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 cellular health screening market will help companies and investors design strategic landscapes.
Single test panels was the largest segment with a revenue share of 77.95% in 2023. Horizon Databook has segmented the South Korea cellular health screening market based on single test panels, multi-test panels covering the revenue growth of each sub-segment from 2018 to 2030.
Chronic diseases, such as heart disease and cancer, caused more than 80% of mortality in South Korea. According to a report published by Korea Center for Disease Control and Prevention, chronic diseases accounted for seven of the top 10 causes of death in 2013.
Cancer, circulatory system diseases, lower respiratory diseases, and diabetes accounted for 70% of all deaths in 2013. Health risk behavior including lack of physical activity, excessive drinking, and smoking along with unhealthy diet is a major cause of severe chronic conditions.
Chronic conditions such as arthritis, prediabetes, and obesity are among the most prevalent and preventable of all health conditions.
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Our clientele includes a mix of cellular health screening market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cellular health screening market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cellular health screening market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea cellular health screening market size, by test type, 2018-2030 (US$M)
South Korea Cellular Health Screening Market Outlook Share, 2023 & 2030 (US$M)
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