South Korea Rare Diseases Treatment Market Size & Outlook
South Korea rare diseases treatment market, 2018-2030 (US$M)
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South Korea rare diseases treatment market highlights
- The South Korea rare diseases treatment market generated a revenue of USD 1,228.6 million in 2021 and is expected to reach USD 4,250.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 14.8% from 2022 to 2030.
- In terms of segment, cancer was the largest revenue generating therapeutic area in 2021.
- Musculoskeletal Conditions is the most lucrative therapeutic area segment registering the fastest growth during the forecast period.
Rare diseases treatment market data book summary
| Market revenue in 2021 | USD 1,228.6 million |
| Market revenue in 2030 | USD 4,250.0 million |
| Growth rate | 14.8% (CAGR from 2021 to 2030) |
| Largest segment | Cancer |
| Fastest growing segment | Musculoskeletal Conditions |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cancer, Neurological Conditions, Cardiovascular Conditions, Musculoskeletal Conditions, Hematologic Disorders, Infectious Diseases, Metabolic Diseases, Endocrine Disorders |
| Key market players worldwide | Roche Holding AG, Pfizer Inc, PTC Therapeutics Inc, AstraZeneca PLC, Novartis AG ADR, Takeda Pharmaceutical Co Ltd, Bayer AG, AbbVie Inc, Merck & Co Inc, Bristol-Myers Squibb Co |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.1% of the global rare diseases treatment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan rare diseases treatment 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 5,167.9 million by 2030.
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Rare Diseases Treatment Market Scope
Rare Diseases Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea rare diseases treatment 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 rare diseases treatment market will help companies and investors design strategic landscapes.
Cancer was the largest segment with a revenue share of 28.85% in 2021. Horizon Databook has segmented the South Korea rare diseases treatment market based on cancer, neurological conditions, cardiovascular conditions, musculoskeletal conditions, hematologic disorders, infectious diseases, metabolic diseases, endocrine disorders covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea rare diseases treatment market databook
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Our clientele includes a mix of rare diseases treatment 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 rare diseases treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea rare diseases treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea rare diseases treatment market report size, by therapeutic area, 2018-2030 (US$M)
South Korea Rare Diseases Treatment Market Outlook Share, 2021 & 2030 (US$M)
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