South Korea Compound Management Market Size & Outlook
South Korea compound management market, 2018-2030 (US$M)
Related Markets
South Korea compound management market highlights
- The South Korea compound management market generated a revenue of USD 12.6 million in 2022 and is expected to reach USD 51.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 19.2% from 2023 to 2030.
- In terms of segment, product was the largest revenue generating type in 2022.
- Service is the most lucrative type segment registering the fastest growth during the forecast period.
Compound management market data book summary
| Market revenue in 2022 | USD 12.6 million |
| Market revenue in 2030 | USD 51.5 million |
| Growth rate | 19.2% (CAGR from 2022 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Service |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Service |
| Key market players worldwide | Azenta Inc, Tecan Group AG, Hamilton Lane Inc Class A, Evotec SE, LiCONiC, SPT Labtech, BioAscent, Beckman Coulter, Axxam |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global compound management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China compound management market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 51.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Compound Management Market Scope
Compound Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea compound management 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 compound management market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 63.49% in 2022. Horizon Databook has segmented the South Korea compound management market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea has a well-developed pharmaceutical industry, and there are several players in the compound management market in the country. Some of the key players in the market include LG Chem, Samsung Biologics, and Daewoong Bio.
These companies compete based on factors such as the range of services offered, pricing, quality of service, and reputation. The compound management market in South Korea is expected to grow as the demand for drug discovery and development services continues to increase.
However, the competition is expected to be intense, and companies need to differentiate themselves and provide high-quality services to succeed in the market. The regulatory framework for the compound management market in South Korea is governed by several regulatory bodies, including the Ministry of Food and Drug Safety (MFDS) and the Korea Pharmaceutical and Bio-Pharma Manufacturers Association (KPBMA).
Reasons to subscribe to South Korea compound management market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea compound management market databook
-
Our clientele includes a mix of compound management 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 compound management market , including forecasts for subscribers. This country databook contains high-level insights into South Korea compound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea compound management market size, by type, 2018-2030 (US$M)
South Korea Compound Management Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
