South Korea Onychomycosis Market Size & Outlook, 2023-2030
South Korea onychomycosis market, 2018-2030 (US$M)
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South Korea onychomycosis market highlights
- The South Korea onychomycosis market generated a revenue of USD 48.2 million in 2023 and is expected to reach USD 78.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, topical was the largest revenue generating treatment in 2023.
- Topical is the most lucrative treatment segment registering the fastest growth during the forecast period.
Onychomycosis market data book summary
| Market revenue in 2023 | USD 48.2 million |
| Market revenue in 2030 | USD 78.5 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Topical |
| Fastest growing segment | Topical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Topical |
| Key market players worldwide | GSK PLC, Abbott Laboratories, Pfizer Inc, Bausch Health Companies Inc, Bayer AG, Teva Pharmaceutical Industries Ltd, Cipla Ltd DR, Merck & Co Inc, Novartis AG ADR, Sun Pharmaceutical Industries |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global onychomycosis market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China onychomycosis market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 374.0 million by 2030.
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Onychomycosis Market Scope
Onychomycosis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea onychomycosis 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 onychomycosis market will help companies and investors design strategic landscapes.
Topical was the largest segment with a revenue share of 57.68% in 2023. Horizon Databook has segmented the South Korea onychomycosis market based on oral, topical covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of target diseases and increasing studies for onychomycosis therapeutics are expected to drive the market in the country over the forecast period. South Korea’s onychomycosis market is expected to witness growth due to the rising incidence of diabetes in the market.
According to an article published by the Korean Association of Internal Medicine in November 2022, the prevalence of diabetes increased from 10.3% in 2011 to 13.9% in 2020 in South Korea.
In addition, onychomycosis is more common in diabetic than nondiabetic patients. Thus, the rising prevalence of diabetes across the country is expected to drive market growth over the forecast period.
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Our clientele includes a mix of onychomycosis 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 onychomycosis market , including forecasts for subscribers. This country databook contains high-level insights into South Korea onychomycosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea onychomycosis market size, by treatment, 2018-2030 (US$M)
South Korea Onychomycosis Market Outlook Share, 2023 & 2030 (US$M)
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