South Korea In Situ Hybridization Market Size & Outlook
South Korea in situ hybridization market, 2018-2030 (US$M)
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South Korea in situ hybridization market highlights
- The South Korea in situ hybridization market generated a revenue of USD 29.5 million in 2023 and is expected to reach USD 56.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
- In terms of segment, fish was the largest revenue generating technology in 2023.
- CISH is the most lucrative technology segment registering the fastest growth during the forecast period.
In situ hybridization market data book summary
| Market revenue in 2023 | USD 29.5 million |
| Market revenue in 2030 | USD 56.0 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Fish |
| Fastest growing segment | CISH |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | FISH, CISH |
| Key market players worldwide | Thermo Fisher Scientific Inc, Abbott Laboratories, Agilent Technologies Inc, Merck KGaA, Bio-Rad Laboratories Inc, Bio View Ltd, Revvity Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global in situ hybridization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India in situ hybridization 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 118.2 million by 2030.
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In Situ Hybridization Market Scope
In Situ Hybridization Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea in situ hybridization 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 in situ hybridization market will help companies and investors design strategic landscapes.
Fish was the largest segment with a revenue share of 52.54% in 2023. Horizon Databook has segmented the South Korea in situ hybridization market based on fish, cish covering the revenue growth of each sub-segment from 2018 to 2030.
Initiatives such as Bio Korea 2022, organized by the Korea Health Industry Development Institute, and North Chung Chong Province, are presenting opportunities for exchange of information and life science research insights. Such initiatives are expected to boost research applications of ISH and positively impact market growth over the forecast period.
Furthermore, the country is witnessing an increasing number of strategic partnerships in the life sciences domain. For instance, in June 2022, Parse Biosciences, a company offering single-cell sequencing solutions, partnered with Molecular Diagnostics Korea, a supplier of molecular research tools and services, for supplying its molecular biology kits in South Korea.
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Target buyers of South Korea in situ hybridization market databook
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Our clientele includes a mix of in situ hybridization 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 in situ hybridization market , including forecasts for subscribers. This country databook contains high-level insights into South Korea in situ hybridization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea in situ hybridization market size, by technology, 2018-2030 (US$M)
South Korea In Situ Hybridization Market Outlook Share, 2023 & 2030 (US$M)
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