South Korea Mirna Sequencing And Assay Market Size & Outlook
South Korea mirna sequencing and assay market, 2018-2030 (US$M)
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South Korea mirna sequencing and assay market highlights
- The South Korea mirna sequencing and assay market generated a revenue of USD 4.2 million in 2023 and is expected to reach USD 11.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 14.8% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & service in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
Mirna sequencing and assay market data book summary
| Market revenue in 2023 | USD 4.2 million |
| Market revenue in 2030 | USD 11.0 million |
| Growth rate | 14.8% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Qiagen NV, Abcam PLC, Takara Bio Inc, Revvity Inc, Maravai LifeSciences Holdings Inc Ordinary Shares - Class A, HTG Molecular Diagnostics Inc, Meridian Bioscience, New England Biolabs, Norgen Biotek, System Biosciences, Amoy Diagnostics, EntroGen |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.2% of the global mirna sequencing and assay market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mirna sequencing and assay 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 29.1 million by 2030.
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MiRNA Sequencing And Assay Market Scope
MiRNA Sequencing And Assay Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea mirna sequencing and assay 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 mirna sequencing and assay market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 80.95% in 2023. Horizon Databook has segmented the South Korea mirna sequencing and assay market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
The government of South Africa has made basic healthcare reforms by providing technologically advanced products to researchers from the research & development departments to identify the sources of various disease outbreaks in the country and, thus, decrease the mortality rate & increase life expectancy.
In addition, with presence of sequencing service providers, growing operations of key players through subsidiaries, and existence of organizations such as the KRISP–Kwazulu-Natal Research Innovation and Sequencing Platform, the market is expected to grow in the country. KRISP provides support and training to scientists related to advance sequencing techniques.
KRISP has been created by the coordinated effort of the University of KwaZulu-Natal (UKZN), the Technology Innovation Agency (TIA), and the South African Medical Research Council (SAM RC). Thus, the country is expected to witness positive growth over the forecast period.
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Our clientele includes a mix of mirna sequencing and assay 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 mirna sequencing and assay market , including forecasts for subscribers. This country databook contains high-level insights into South Korea mirna sequencing and assay market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea mirna sequencing and assay market size, by product & service, 2018-2030 (US$M)
South Korea MiRNA Sequencing And Assay Market Outlook Share, 2023 & 2030 (US$M)
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