South Korea Hemato Oncology Testing Market Size & Outlook
South Korea hemato oncology testing market, 2018-2028 (US$M)
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South Korea hemato oncology testing market highlights
- The South Korea hemato oncology testing market generated a revenue of USD 19.9 million in 2020 and is expected to reach USD 54.1 million by 2028.
- The South Korea market is expected to grow at a CAGR of 13.3% from 2021 to 2028.
- In terms of segment, lymphoma was the largest revenue generating cancer type in 2020.
- Lymphoma is the most lucrative cancer type segment registering the fastest growth during the forecast period.
Hemato oncology testing market data book summary
| Market revenue in 2020 | USD 19.9 million |
| Market revenue in 2028 | USD 54.1 million |
| Growth rate | 13.3% (CAGR from 2020 to 2028) |
| Largest segment | Lymphoma |
| Fastest growing segment | Lymphoma |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leukemia, Lymphoma, MPNs, Other Cancers |
| Key market players worldwide | Roche Holding AG, Abbott Laboratories, Qiagen NV, Danaher Corp, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, Illumina Inc, Bio-Techne Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.9% of the global hemato oncology testing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan hemato oncology testing market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 188.8 million by 2028.
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Hemato Oncology Testing Market Scope
Hemato Oncology Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea hemato oncology testing 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 hemato oncology testing market will help companies and investors design strategic landscapes.
Lymphoma was the largest segment with a revenue share of 46.23% in 2020. Horizon Databook has segmented the South Korea hemato oncology testing market based on leukemia, lymphoma, mpns, other cancers covering the revenue growth of each sub-segment from 2018 to 2028.
South Korea hemato oncology testing market is expected to grow at a lucrative rate during the forecast period owing to increase in prevalence of metabolic bone diseases and the country’s aging population. According to the Make Blood Cancer Visible survey conducted by Janssen Asia Pacific in 2018, in South Korea, non-Hodgkin lymphoma and leukemia are the two most common types of blood cancer.
The same source states that the incidence of multiple myeloma has doubled over 10 years in South Korea. Furthermore, according to data published by Globocan, in 2020 around 5,431 new cases of nonHodgkin lymphoma and 3,845 new cases of leukemia were diagnosed in South Korea.
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Target buyers of South Korea hemato oncology testing market databook
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Our clientele includes a mix of hemato oncology testing 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 hemato oncology testing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea hemato oncology testing market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea hemato oncology testing market size, by cancer type, 2018-2028 (US$M)
South Korea Hemato Oncology Testing Market Outlook Share, 2020 & 2028 (US$M)
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