South Korea Myasthenia Gravis Treatment Market Size & Outlook
South Korea myasthenia gravis treatment market, 2018-2032 (US$M)
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South Korea myasthenia gravis treatment market highlights
- The South Korea myasthenia gravis treatment market generated a revenue of USD 2.9 million in 2021 and is expected to reach USD 14.9 million by 2032.
- The South Korea market is expected to grow at a CAGR of 16.2% from 2022 to 2032.
- In terms of segment, chronic immunomodulators was the largest revenue generating treatment type in 2021.
- Monoclonal Antibodies is the most lucrative treatment type segment registering the fastest growth during the forecast period.
Myasthenia gravis treatment market data book summary
| Market revenue in 2021 | USD 2.9 million |
| Market revenue in 2032 | USD 14.9 million |
| Growth rate | 16.2% (CAGR from 2021 to 2032) |
| Largest segment | Chronic immunomodulators |
| Fastest growing segment | Monoclonal Antibodies |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cholinesterase Inhibitors, Chronic Immunomodulators, Monoclonal Antibodies, Rapid Immunotherapies, Thymectomy |
| Key market players worldwide | AstraZeneca PLC, Grifols SA Ordinary Shares - Class A, Avadel Pharmaceuticals PLC, Novartis AG ADR, Pfizer Inc, AbbVie Inc, Roche Holding AG, GlaxoSmithKline, Bausch Health Companies Inc, Takeda Pharmaceutical Co Ltd |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.2% of the global myasthenia gravis treatment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2032.
- In Asia Pacific, Japan myasthenia gravis treatment market is projected to lead the regional market in terms of revenue in 2032.
- Singapore is the fastest growing regional market in Asia Pacific and is projected to reach USD 1.8 million by 2032.
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Myasthenia Gravis Treatment Market Scope
Myasthenia Gravis Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea myasthenia gravis treatment 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 myasthenia gravis treatment market will help companies and investors design strategic landscapes.
Chronic immunomodulators was the largest segment with a revenue share of 27.59% in 2021. Horizon Databook has segmented the South Korea myasthenia gravis treatment market based on cholinesterase inhibitors, chronic immunomodulators, monoclonal antibodies, rapid immunotherapies, thymectomy covering the revenue growth of each sub-segment from 2018 to 2032.
South Korea has a unique healthcare system controlled by the government. It has a public medical insurance system, National Health Insurance (NHI), which covers nearly all the people. Under NHI, Health Insurance Review and Assessment Service (HIRA) assesses quality of care, adequacy of medical services, and medical fees.
In South Korea, most of the patients in the country have easy access to medical specialists. Ophthalmologists, neurologists, and pediatricians are considered MG specialists in the country. Thus, most of the MG patients visit at least one of these three kinds of medical specialists for MG treatment.
As per a study published by NCBI, high incidence and prevalence of MG were observed in the older age group. The same study also stated that South Korea is one of the fastest aging countries in the world, and by 2026, it is expected that the proportion of elderly people will be more than 20%.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea myasthenia gravis treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea myasthenia gravis treatment market from 2018 to 2032, including revenue numbers, major trends, and company profiles.
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South Korea myasthenia gravis treatment market size, by treatment type, 2018-2032 (US$M)
South Korea Myasthenia Gravis Treatment Market Outlook Share, 2021 & 2032 (US$M)
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