South Korea Peptide Drug Conjugates Market Size & Outlook
South Korea peptide drug conjugates market, 2018-2030 (US$M)
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South Korea peptide drug conjugates market highlights
- The South Korea peptide drug conjugates market generated a revenue of USD 10.5 million in 2023 and is expected to reach USD 75.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 32.5% from 2024 to 2030.
- In terms of segment, therapeutics was the largest revenue generating type in 2023.
- Therapeutics is the most lucrative type segment registering the fastest growth during the forecast period.
Peptide drug conjugates market data book summary
| Market revenue in 2023 | USD 10.5 million |
| Market revenue in 2030 | USD 75.4 million |
| Growth rate | 32.5% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutics |
| Fastest growing segment | Therapeutics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Therapeutics, Diagnostics |
| Key market players worldwide | Novartis AG ADR, Oncopeptides AB, Bicycle Therapeutics PLC ADR, AstraZeneca PLC, Theratechnologies Inc, Cybrexa Therapeutics, AngioChem, Soricimed |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global peptide drug conjugates market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan peptide drug conjugates 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 237.3 million by 2030.
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Peptide Drug Conjugates Market Scope
Peptide Drug Conjugates Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea peptide drug conjugates 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 peptide drug conjugates market will help companies and investors design strategic landscapes.
Therapeutics was the largest segment with a revenue share of 81.9% in 2023. Horizon Databook has segmented the South Korea peptide drug conjugates market based on therapeutics, diagnostics covering the revenue growth of each sub-segment from 2018 to 2030.
The South Korea peptide drug conjugates market is anticipated to grow owing to increasing healthcare expenditure, favorable government initiatives, and a high burden of target diseases. Moreover, the peptide drug conjugate market in South Korea presents an intriguing competitive landscape marked by a blend of innovation and collaboration.
As the nation gains recognition as an R&D hub, both domestic and global pharmaceutical entities are engaging in strategic partnerships to capitalize on emerging opportunities. The market's competitive rivalry is driven by a convergence of academia, research institutions, and industry players.
This collaborative synergy is fostering an environment conducive to advancing peptide based therapeutics, with a particular focus on targeted treatments. Local companies are harnessing their expertise in peptide synthesis and drug delivery to carve a niche in this evolving sector.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea peptide drug conjugates market , including forecasts for subscribers. This country databook contains high-level insights into South Korea peptide drug conjugates market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea peptide drug conjugates market size, by type, 2018-2030 (US$M)
South Korea Peptide Drug Conjugates Market Outlook Share, 2023 & 2030 (US$M)
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