South Korea Preterm Birth And Prom Testing Market Size & Outlook
South Korea preterm birth and prom testing market, 2018-2030 (US$M)
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South Korea preterm birth and prom testing market highlights
- The South Korea preterm birth and prom testing market generated a revenue of USD 28.7 million in 2023 and is expected to reach USD 50.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, ultrasound was the largest revenue generating test type in 2023.
- PAMG-1 Immunoassay is the most lucrative test type segment registering the fastest growth during the forecast period.
Preterm birth and prom testing market data book summary
| Market revenue in 2023 | USD 28.7 million |
| Market revenue in 2030 | USD 50.1 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | PAMG-1 Immunoassay |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pelvic exam, Ultrasound, Biochemical Markers, Uterine Monitoring, Nitazine Test, Ferning Test, Pooling, PAMG-1 Immunoassay, IGFBP Test, Fetal Fibronectin (fFN) |
| Key market players worldwide | Qiagen NV, Hologic Inc, CooperSurgical, Abbott Laboratories, Biosynex, Sera Prognostics, Medix Biochemica, Clinical Innovations, NX Prenatal, IQ Products |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.0% of the global preterm birth and prom testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China preterm birth and prom testing 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 137.4 million by 2030.
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Preterm Birth And PROM Testing Market Scope
Preterm Birth And PROM Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea preterm birth and prom testing 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 preterm birth and prom testing market will help companies and investors design strategic landscapes.
Ultrasound was the largest segment with a revenue share of 31.36% in 2023. Horizon Databook has segmented the South Korea preterm birth and prom testing market based on pelvic exam, ultrasound, biochemical markers, uterine monitoring, nitazine test, ferning test, pooling, pamg-1 immunoassay, igfbp test, fetal fibronectin (ffn) covering the revenue growth of each sub-segment from 2018 to 2030.
Korea is facing some issues in prenatal and neonatal care in recent years. One concern is declining birth rate and the other is rapid rise in preterm births with less than 37 weeks gestation. Some of the reasons are growing age at marriage and rising use of infertility processes.
The KNN is engaged in numerous activities aiming at improving the healthcare system in the field of prenatal and neonatal care. Some of these activities include quality improvement programs to enhance neonatal intensive care and raising awareness & educating people on various aspects of high-risk infants born prematurely.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea preterm birth and prom testing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea preterm birth and prom testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea preterm birth and prom testing market size, by test type, 2018-2030 (US$M)
South Korea Preterm Birth And PROM Testing Market Outlook Share, 2023 & 2030 (US$M)
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