South Korea Dna And Gene Cloning Services Market Size & Outlook
The dna and gene cloning services market in South Korea is expected to reach a projected revenue of US$ 177.5 million by 2030. A compound annual growth rate of 14.7% is expected of South Korea dna and gene cloning services market from 2024 to 2030.
Revenue, 2023 (US$M)
$68.0
Forecast, 2030 (US$M)
$177.5
CAGR, 2024 - 2030
14.7%
Report Coverage
South Korea
South Korea dna and gene cloning services market, 2018-2030 (US$M)
Related Markets
South Korea dna and gene cloning services market highlights
- The South Korea dna and gene cloning services market generated a revenue of USD 68.0 million in 2023 and is expected to reach USD 177.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 14.7% from 2024 to 2030.
- In terms of segment, gene synthesis was the largest revenue generating service in 2023.
- Custom Cloning is the most lucrative service segment registering the fastest growth during the forecast period.
Dna and gene cloning services market data book summary
| Market revenue in 2023 | USD 68.0 million |
| Market revenue in 2030 | USD 177.5 million |
| Growth rate | 14.7% (CAGR from 2023 to 2030) |
| Largest segment | Gene synthesis |
| Fastest growing segment | Custom Cloning |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Synthesis, Custom Cloning, Sub-cloning |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global dna and gene cloning services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China dna and gene cloning services 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 628.1 million by 2030.
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DNA and Gene Cloning Services Market Scope
Dna and gene cloning services market segmentation & scope
DNA and Gene Cloning Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea dna and gene cloning services market size, by service, 2018-2030 (US$M)
South Korea DNA and Gene Cloning Services Market Outlook Share, 2023 & 2030 (US$M)
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