South Korea Immunoassay For Neurological Biomarkers Market Size & Outlook
South Korea immunoassay for neurological biomarkers market, 2018-2030 (US$M)
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South Korea immunoassay for neurological biomarkers market highlights
- The South Korea immunoassay for neurological biomarkers market generated a revenue of USD 113.5 million in 2023 and is expected to reach USD 283.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 14% from 2024 to 2030.
- In terms of segment, alzheimer's disease was the largest revenue generating application in 2023.
- Alzheimer's Disease is the most lucrative application segment registering the fastest growth during the forecast period.
Immunoassay for neurological biomarkers market data book summary
| Market revenue in 2023 | USD 113.5 million |
| Market revenue in 2030 | USD 283.5 million |
| Growth rate | 14% (CAGR from 2023 to 2030) |
| Largest segment | Alzheimer's disease |
| Fastest growing segment | Alzheimer's Disease |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alzheimer's Disease, Parkinson's Disease, Multiple Sclerosis, Autism Spectrum Disorder |
| Key market players worldwide | Qiagen NV, Abbott Laboratories, Merck & Co Inc, Johnson & Johnson, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, Sysmex Corp, Merck KGaA, Roche Holding AG, Nimble Therapeutics |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global immunoassay for neurological biomarkers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan immunoassay for neurological biomarkers market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 419.0 million by 2030.
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Immunoassay For Neurological Biomarkers Market Scope
Immunoassay For Neurological Biomarkers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea immunoassay for neurological biomarkers 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 immunoassay for neurological biomarkers market will help companies and investors design strategic landscapes.
Alzheimer's disease was the largest segment with a revenue share of 35.86% in 2023. Horizon Databook has segmented the South Korea immunoassay for neurological biomarkers market based on alzheimer's disease, parkinson's disease, multiple sclerosis, autism spectrum disorder covering the revenue growth of each sub-segment from 2018 to 2030.
For instance, in June 2022, Janssen Korea Ltd. and Johnson & Johnson Innovation LLC collaborated with Korea Health Industry Development Institute (KHIDI) and the Seoul Metropolitan Government (SMG) to launch the Seoul Innovation Quick Fire Challenge: Scientific Advancements of Tomorrow.
The initiative was expected to boost R&D of novel diagnostics and treatment needs of various diseases, including neurological. Under this program, researchers can be eligible for a grant of USD 120,000 for the completion of their projects.
Companion diagnostics exhibit major growth potential. JW Bioscience, Aptamer Sciences, Genomic tree, and Well Marker Bio are actively involved in the development of predictive biomarkers in the country. However, the country lacks domestic products to meet the rising demand, which may impede market growth.
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Our clientele includes a mix of immunoassay for neurological biomarkers 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea immunoassay for neurological biomarkers market , including forecasts for subscribers. This country databook contains high-level insights into South Korea immunoassay for neurological biomarkers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea immunoassay for neurological biomarkers market size, by application, 2018-2030 (US$M)
South Korea Immunoassay For Neurological Biomarkers Market Outlook Share, 2023 & 2030 (US$M)
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