South Korea Computational Biology Market Size & Outlook
South Korea computational biology market, 2018-2030 (US$M)
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South Korea computational biology market highlights
- The South Korea computational biology market generated a revenue of USD 101.0 million in 2023 and is expected to reach USD 223.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 12% from 2024 to 2030.
- In terms of segment, software platforms was the largest revenue generating services in 2023.
- Software Platforms is the most lucrative services segment registering the fastest growth during the forecast period.
Computational biology market data book summary
| Market revenue in 2023 | USD 101.0 million |
| Market revenue in 2030 | USD 223.2 million |
| Growth rate | 12% (CAGR from 2023 to 2030) |
| Largest segment | Software platforms |
| Fastest growing segment | Software Platforms |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Databases, Infrastructure & Hardware, Software Platforms |
| Key market players worldwide | DNAnexus, Illumina Inc, Thermo Fisher Scientific Inc, Schrodinger Inc Ordinary Shares, Compugen Ltd, Genedata AG, Qiagen NV, Simulations Plus Inc, Fios Genomics, Aganitha |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global computational biology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China computational biology 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 1,050.0 million by 2030.
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Computational Biology Market Scope
Computational Biology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea computational biology 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 computational biology market will help companies and investors design strategic landscapes.
Software platforms was the largest segment with a revenue share of 40.1% in 2023. Horizon Databook has segmented the South Korea computational biology market based on databases, infrastructure & hardware, software platforms covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea computational biology market databook
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Our clientele includes a mix of computational biology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea computational biology market , including forecasts for subscribers. This country databook contains high-level insights into South Korea computational biology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea computational biology market size, by services, 2018-2030 (US$M)
South Korea Computational Biology Market Outlook Share, 2023 & 2030 (US$M)
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