South Korea Food Allergy Diagnostics & Therapeutics Market Size & Outlook
The food allergy diagnostics & therapeutics market in South Korea is expected to reach a projected revenue of US$ 107.9 million by 2027. A compound annual growth rate of 8.8% is expected of South Korea food allergy diagnostics & therapeutics market from 2021 to 2027.
Revenue, 2020 (US$M)
$59.7
Forecast, 2027 (US$M)
$107.9
CAGR, 2021 - 2027
8.8%
Report Coverage
South Korea
South Korea food allergy diagnostics & therapeutics market, 2016-2027 (US$M)
Related Markets
South Korea food allergy diagnostics & therapeutics market highlights
- The South Korea food allergy diagnostics & therapeutics market generated a revenue of USD 59.7 million in 2020 and is expected to reach USD 107.9 million by 2027.
- The South Korea market is expected to grow at a CAGR of 8.8% from 2021 to 2027.
- In terms of segment, therapeutics was the largest revenue generating type in 2020.
- Diagnostics is the most lucrative type segment registering the fastest growth during the forecast period.
Food allergy diagnostics & therapeutics market data book summary
| Market revenue in 2020 | USD 59.7 million |
| Market revenue in 2027 | USD 107.9 million |
| Growth rate | 8.8% (CAGR from 2020 to 2027) |
| Largest segment | Therapeutics |
| Fastest growing segment | Diagnostics |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostics, Therapeutics |
| Key market players worldwide | Allergy Therapeutics PLC, Astellas Pharma Inc, Nestle SA, Pfizer Inc, Alk-Abello A/S Class B, BioMerieux SA |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.0% of the global food allergy diagnostics & therapeutics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, Japan food allergy diagnostics & therapeutics market is projected to lead the regional market in terms of revenue in 2027.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 253.8 million by 2027.
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Food Allergy Diagnostics & Therapeutics Market Scope
Food allergy diagnostics & therapeutics market segmentation & scope
Skin Prick Test
Patch Test
In Vitro
Antihistamines
Epinephrine Auto-injector
Food Allergy Diagnostics & Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea food allergy diagnostics & therapeutics 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 food allergy diagnostics & therapeutics market will help companies and investors design strategic landscapes.
Therapeutics was the largest segment with a revenue share of 78.73% in 2020. Horizon Databook has segmented the South Korea food allergy diagnostics & therapeutics market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2016 to 2027.
- South Korea Food Allergy Diagnostics & Therapeutics Type Outlook (Revenue, USD Million, 2016-2027)
- Diagnostics
- In Vivo / Skin
- Skin Prick Test
- Patch Test
- In Vitro
- In Vivo / Skin
- Therapeutics
- Antihistamines
- Epinephrine Auto-injector
- Diagnostics
- South Korea Food Allergy Diagnostics & Therapeutics Allergen Source Outlook (Revenue, USD Million, 2016-2027)
- Peanuts
- Milk
- Eggs
- Fish
- Shellfish
- Tree Nuts
- Wheat
- Soy
- Others
- South Korea Food Allergy Diagnostics & Therapeutics End Use Outlook (Revenue, USD Million, 2016-2027)
- Hospitals & Clinics
- Academic Research Institutes
- Diagnostics Laboratories
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Target buyers of South Korea food allergy diagnostics & therapeutics market databook
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Our clientele includes a mix of food allergy diagnostics & therapeutics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 food allergy diagnostics & therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea food allergy diagnostics & therapeutics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea food allergy diagnostics & therapeutics market size, by type, 2016-2027 (US$M)
South Korea Food Allergy Diagnostics & Therapeutics Market Outlook Share, 2020 & 2027 (US$M)
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