South Korea Neuroscience Market Size & Outlook, 2023-2030
South Korea neuroscience market, 2018-2030 (US$M)
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South Korea neuroscience market highlights
- The South Korea neuroscience market generated a revenue of USD 672.4 million in 2023 and is expected to reach USD 1,161.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating component in 2023.
- Consumables is the most lucrative component segment registering the fastest growth during the forecast period.
Neuroscience market data book summary
| Market revenue in 2023 | USD 672.4 million |
| Market revenue in 2030 | USD 1,161.0 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Consumables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Software & Services |
| Key market players worldwide | Carl Zeiss Meditec AG, Danaher Corp, GE HealthCare Technologies Inc Common Stock, Siemens Healthineers AG ADR, Koninklijke Philips NV, Canon Inc, B. Braun, Medtronic PLC, Stryker Corp, Boston Scientific Corp, Abbott Laboratories, Terumo Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.5% of the global neuroscience market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China neuroscience market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,161.0 million by 2030.
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Neuroscience Market Scope
Neuroscience Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea neuroscience 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 neuroscience market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 64.66% in 2023. Horizon Databook has segmented the South Korea neuroscience market based on instruments, consumables, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Neuroscience Component Outlook (Revenue, USD Million, 2018-2030)
- Instruments
- Consumables
- Software & Services
- South Korea Neuroscience Technology Outlook (Revenue, USD Million, 2018-2030)
- Brain Imaging
- Neuro-Microscopy
- Stereotaxic surgeries
- Neuro-Proteomic Analysis
- Neuro-Cellular Manipulation
- Others
- South Korea Neuroscience End User Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Diagnostic Laboratories
- Research and Academic Institute
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Target buyers of South Korea neuroscience market databook
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Our clientele includes a mix of neuroscience 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 neuroscience market , including forecasts for subscribers. This country databook contains high-level insights into South Korea neuroscience market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea neuroscience market outlook size, by component, 2018-2030 (US$M)
South Korea Neuroscience Market Outlook Share, 2023 & 2030 (US$M)
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