South Korea Minimal Residual Disease Testing Market Size & Outlook
South Korea minimal residual disease testing market, 2018-2030 (US$M)
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South Korea minimal residual disease testing market highlights
- The South Korea minimal residual disease testing market generated a revenue of USD 31.2 million in 2022 and is expected to reach USD 80.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 12.6% from 2023 to 2030.
- In terms of segment, flow cytometry was the largest revenue generating technology in 2022.
- Next Generation Sequencing (NGS) is the most lucrative technology segment registering the fastest growth during the forecast period.
Minimal residual disease testing market data book summary
| Market revenue in 2022 | USD 31.2 million |
| Market revenue in 2030 | USD 80.5 million |
| Growth rate | 12.6% (CAGR from 2022 to 2030) |
| Largest segment | Flow cytometry |
| Fastest growing segment | Next Generation Sequencing (NGS) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymerase Chain Reaction (PCR), Flow Cytometry, Next Generation Sequencing (NGS) |
| Key market players worldwide | Exact Sciences Corp, Illumina Inc, Natera Inc, Guardant Health Inc, Roche, Foundation Medicine, Qiagen NV, Veracyte Inc, MDxHealth SA, Bio-Techne Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global minimal residual disease testing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China minimal residual disease testing 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 132.4 million by 2030.
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Minimal Residual Disease Testing Market Scope
Minimal Residual Disease Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea minimal residual disease 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 minimal residual disease testing market will help companies and investors design strategic landscapes.
Flow cytometry was the largest segment with a revenue share of 38.78% in 2022. Horizon Databook has segmented the South Korea minimal residual disease testing market based on polymerase chain reaction (pcr), flow cytometry, next generation sequencing (ngs) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of minimal residual disease testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea minimal residual disease testing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea minimal residual disease testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea minimal residual disease testing market report size, by technology, 2018-2030 (US$M)
South Korea Minimal Residual Disease Testing Market Outlook Share, 2022 & 2030 (US$M)
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