South Korea Precision Oncology Market Size & Outlook
The precision oncology market in South Korea is expected to reach a projected revenue of US$ 1,283.7 million by 2030. A compound annual growth rate of 10.6% is expected of South Korea precision oncology market from 2024 to 2030.
Revenue, 2023 (US$M)
$634.7
Forecast, 2030 (US$M)
$1,283.7
CAGR, 2024 - 2030
10.6%
Report Coverage
South Korea
South Korea precision oncology market, 2018-2030 (US$M)
Related Markets
South Korea precision oncology market highlights
- The South Korea precision oncology market generated a revenue of USD 634.7 million in 2023 and is expected to reach USD 1,283.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 10.6% from 2024 to 2030.
- In terms of segment, therapeutics was the largest revenue generating product in 2023.
- Diagnostics is the most lucrative product segment registering the fastest growth during the forecast period.
Precision oncology market data book summary
| Market revenue in 2023 | USD 634.7 million |
| Market revenue in 2030 | USD 1,283.7 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutics |
| Fastest growing segment | Diagnostics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostics, Therapeutics |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global precision oncology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan precision oncology 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 3,223.0 million by 2030.
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Precision Oncology Market Scope
Precision oncology market segmentation & scope
Precision Oncology Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea precision oncology market size, by product, 2018-2030 (US$M)
South Korea Precision Oncology Market Outlook Share, 2023 & 2030 (US$M)
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