South Korea Personalized Medicine Biomarkers Market Size & Outlook

The personalized medicine biomarkers market in South Korea is expected to reach a projected revenue of US$ 1,517.6 million by 2030. A compound annual growth rate of 20.1% is expected of South Korea personalized medicine biomarkers market from 2025 to 2030.
Revenue, 2024 (US$M)
$506.0
Forecast, 2030 (US$M)
$1,517.6
CAGR, 2025 - 2030
20.1%
Report Coverage
South Korea

South Korea personalized medicine biomarkers market, 2018-2030 (US$M)

South

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South Korea personalized medicine biomarkers market highlights

  • The South Korea personalized medicine biomarkers market generated a revenue of USD 303.0 million in 2021 and is expected to reach USD 1,517.6 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 19.6% from 2022 to 2030.
  • In terms of segment, treatment selection was the largest revenue generating application in 2021.
  • Early Detection/Screening is the most lucrative application segment registering the fastest growth during the forecast period.


Personalized medicine biomarkers market data book summary

Market revenue in 2021USD 303.0 million
Market revenue in 2030USD 1,517.6 million
Growth rate19.6% (CAGR from 2021 to 2030)
Largest segmentTreatment selection
Fastest growing segmentEarly Detection/Screening
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEarly Detection/Screening, Diagnosis, Treatment Selection, Monitoring
Key market players worldwideLabcorp Holdings Inc, Quest Diagnostics Inc, Agilent Technologies Inc, Genome Medical, Coriell Life Sciences, Thermo Fisher Scientific Inc, NeoGenomics, Foundation Medicine, Illumina Inc, Guardant Health Inc


Other key industry trends

  • In terms of revenue, South Korea accounted for 2.6% of the global personalized medicine biomarkers market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, India personalized medicine biomarkers 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 1,996.2 million by 2030.

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Personalized Medicine Biomarkers Market Scope

Personalized Medicine Biomarkers Market Companies

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South Korea personalized medicine biomarkers 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 personalized medicine biomarkers market will help companies and investors design strategic landscapes.


Treatment selection was the largest segment with a revenue share of 52.87% in 2024. Horizon Databook has segmented the South Korea personalized medicine biomarkers market based on early detection/screening, diagnosis, treatment selection, monitoring covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea personalized medicine biomarkers market databook

  • Our clientele includes a mix of personalized medicine biomarkers market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea personalized medicine biomarkers market , including forecasts for subscribers. This country databook contains high-level insights into South Korea personalized medicine biomarkers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea personalized medicine biomarkers market report size, by application, 2018-2030 (US$M)

South Korea Personalized Medicine Biomarkers Market Outlook Share, 2024 & 2030 (US$M)

South Korea personalized medicine biomarkers market report size, by application, 2018-2030 (US$M)

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