South Korea Preclinical Imaging Market Size & Outlook
South Korea preclinical imaging market, 2018-2030 (US$M)
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South Korea preclinical imaging market highlights
- The South Korea preclinical imaging market generated a revenue of USD 114.9 million in 2023 and is expected to reach USD 155.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, optical was the largest revenue generating product in 2023.
- Multi Modal is the most lucrative product segment registering the fastest growth during the forecast period.
Preclinical imaging market data book summary
| Market revenue in 2023 | USD 114.9 million |
| Market revenue in 2030 | USD 155.4 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Optical |
| Fastest growing segment | Multi Modal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CT, MRI, PET/SPECT, Multi Modal, Optical, Ultrasound, Photoacoustic, Reagents, Services |
| Key market players worldwide | Bruker Corp, Siemens AG, GE Aerospace, PerkinElmer, FUJIFILM Holdings Corp, Agilent Technologies, Rigaku, TriFoil Imaging, Mediso Medical Imaging Systems, MR Solutions |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global preclinical imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China preclinical imaging 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 384.7 million by 2030.
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Preclinical Imaging Market Scope
Preclinical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea preclinical imaging 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 preclinical imaging market will help companies and investors design strategic landscapes.
Optical was the largest segment with a revenue share of 13.4% in 2023. Horizon Databook has segmented the South Korea preclinical imaging market based on ct, mri, pet/spect, multi modal, optical, ultrasound, photoacoustic, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
The South Korean government has been actively supporting the healthcare and life sciences industries, including preclinical research. Investments in research and development, as well as funding initiatives, have encouraged the adoption of advanced technologies, such as preclinical imaging systems.
Furthermore, South Korea has seen a significant increase in biomedical research activities, with a focus on drug discovery, disease modeling, and preclinical studies. Preclinical imaging technologies play a vital role in these studies, fostering demand for advanced imaging solutions.
Moreover, to fulfill the regional & global demand for preclinical imaging, South Korea is considering all the essential steps to support the country’s major market players. With an increase in foreign demand for Korean-made preclinical imaging devices, domestic companies are aiming for a global market with competitive services & prices.
Reasons to subscribe to South Korea preclinical imaging market databook:
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Target buyers of South Korea preclinical imaging market databook
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Our clientele includes a mix of preclinical imaging 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 preclinical imaging market , including forecasts for subscribers. This country databook contains high-level insights into South Korea preclinical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea preclinical imaging market size, by product, 2018-2030 (US$M)
South Korea Preclinical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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