South Korea Stem Cells Market Size & Outlook, 2024-2030
South Korea stem cells market, 2018-2030 (US$M)
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South Korea stem cells market highlights
- The South Korea stem cells market generated a revenue of USD 219.0 million in 2024 and is expected to reach USD 538.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 16.2% from 2025 to 2030.
- In terms of segment, adult stem cells was the largest revenue generating product in 2024.
- Induced Pluripotent Stem Cells is the most lucrative product segment registering the fastest growth during the forecast period.
Stem cells market data book summary
| Market revenue in 2024 | USD 219.0 million |
| Market revenue in 2030 | USD 538.1 million |
| Growth rate | 16.2% (CAGR from 2024 to 2030) |
| Largest segment | Adult stem cells |
| Fastest growing segment | Induced Pluripotent Stem Cells |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adult Stem Cells, Human Embryonic Stem Cells, Induced Pluripotent Stem Cells, Very Small Embryonic Like Stem Cells |
| Key market players worldwide | Thermo Fisher Scientific Inc, STEMCELL Technologies, CellGenix, PromoCell GmbH, Takara Bio Inc, Lonza Group Ltd, ATCC, Bio-Techne Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.3% of the global stem cells market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China stem cells 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 2,551.7 million by 2030.
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Stem Cells Market Scope
Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea stem cells 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 stem cells market will help companies and investors design strategic landscapes.
Adult stem cells was the largest segment with a revenue share of 83.88% in 2024. Horizon Databook has segmented the South Korea stem cells market based on adult stem cells, human embryonic stem cells, induced pluripotent stem cells, very small embryonic like stem cells covering the revenue growth of each sub-segment from 2018 to 2030.
The South Korea market for stem cells is expected to show lucrative growth on account of various strategic initiatives undertaken between local players and international companies. The COVID-19 pandemic also resulted in a spur of stem cell therapies for treating the condition.
For instance, in August 2022, Panacell Biotech announced that it will be using Natural Killer (NK) cells, brown Adipose Derived Stem Cells (ADSC), and exosomes for treating COVID-19 infection. The clinical trial for the same is expected to start soon.
Stem cells also find applications in the cosmetics industry, which is a well-established market in South Korea. With continuous growth of the cosmetics industry in the country, demand for stem cell-based regenerative medicine treatments is expected to show lucrative growth over the coming years.
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Our clientele includes a mix of stem cells market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea stem cells market , including forecasts for subscribers. This country databook contains high-level insights into South Korea stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea stem cells market size, by product, 2018-2030 (US$M)
South Korea Stem Cells Market Outlook Share, 2024 & 2030 (US$M)
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