South Korea Thyroid Cancer Diagnostics Market Size & Outlook

The thyroid cancer diagnostics market in South Korea is expected to reach a projected revenue of US$ 80.9 million by 2027. A compound annual growth rate of 8.1% is expected of South Korea thyroid cancer diagnostics market from 2020 to 2027.
Revenue, 2019 (US$M)
$43.3
Forecast, 2027 (US$M)
$80.9
CAGR, 2020 - 2027
8.1%
Report Coverage
South Korea

South Korea thyroid cancer diagnostics market highlights

  • The South Korea thyroid cancer diagnostics market generated a revenue of USD 43.3 million in 2019 and is expected to reach USD 80.9 million by 2027.
  • The South Korea market is expected to grow at a CAGR of 8.1% from 2020 to 2027.
  • In terms of segment, papillary carcinoma was the largest revenue generating type in 2019.
  • Follicular Carcinoma is the most lucrative type segment registering the fastest growth during the forecast period.


Thyroid cancer diagnostics market data book summary

Market revenue in 2019USD 43.3 million
Market revenue in 2027USD 80.9 million
Growth rate8.1% (CAGR from 2019 to 2027)
Largest segmentPapillary carcinoma
Fastest growing segmentFollicular Carcinoma
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPapillary Carcinoma, Follicular Carcinoma
Key market players worldwideAbbott Laboratories, Roche, Thermo Fisher Scientific Inc, Siemens Healthineers AG ADR, Bio-Rad Laboratories Inc, GE Aerospace, Koninklijke Philips NV, Toshiba Corporation, Agilent Technologies Inc, Illumina Inc


Other key industry trends

  • In terms of revenue, South Korea accounted for 1.7% of the global thyroid cancer diagnostics market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Asia Pacific, Japan thyroid cancer diagnostics market is projected to lead the regional market in terms of revenue in 2027.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 102.1 million by 2027.

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Thyroid Cancer Diagnostics Market Companies

Name Profile # Employees HQ Website

South Korea thyroid cancer diagnostics 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 thyroid cancer diagnostics market will help companies and investors design strategic landscapes.


Papillary carcinoma was the largest segment with a revenue share of 80.6% in 2019. Horizon Databook has segmented the South Korea thyroid cancer diagnostics market based on papillary carcinoma, follicular carcinoma covering the revenue growth of each sub-segment from 2016 to 2027.


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Target buyers of South Korea thyroid cancer diagnostics market databook

  • Our clientele includes a mix of thyroid cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 thyroid cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea thyroid cancer diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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South Korea thyroid cancer diagnostics market size, by type, 2016-2027 (US$M)

South Korea Thyroid Cancer Diagnostics Market Outlook Share, 2019 & 2027 (US$M)

South Korea thyroid cancer diagnostics market size, by type, 2016-2027 (US$M)

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