South Korea Veterinary Biomarkers Market Size & Outlook

The veterinary biomarkers market in South Korea is expected to reach a projected revenue of US$ 19.2 million by 2030. A compound annual growth rate of 9.5% is expected of South Korea veterinary biomarkers market from 2024 to 2030.
Revenue, 2023 (US$M)
$10.1
Forecast, 2030 (US$M)
$19.2
CAGR, 2024 - 2030
9.6%
Report Coverage
South Korea

South Korea veterinary biomarkers market highlights

  • The South Korea veterinary biomarkers market generated a revenue of USD 10.1 million in 2023 and is expected to reach USD 19.2 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
  • In terms of segment, companion animals was the largest revenue generating animal type in 2023.
  • Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.

Veterinary biomarkers market data book summary

Market revenue in 2023USD 10.1 million
Market revenue in 2030USD 19.2 million
Growth rate9.5% (CAGR from 2023 to 2030)
Largest segmentCompanion animals
Fastest growing segmentCompanion Animals
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCompanion Animals, Production Animals
Key market players worldwideZoetis, Virbac SA, Merck & Co Inc, IDEXX Laboratories Inc, Avacta Group PLC, Life Diagnostics, Mercodia, Antech Diagnostics

Other key industry trends

  • In terms of revenue, South Korea accounted for 1.1% of the global veterinary biomarkers market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China veterinary biomarkers 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 80.5 million by 2030.

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Veterinary Biomarkers Market Companies

Name Profile # Employees HQ Website

South Korea veterinary biomarkers 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 veterinary biomarkers market will help companies and investors design strategic landscapes.


Companion animals was the largest segment with a revenue share of 61.39% in 2023. Horizon Databook has segmented the South Korea veterinary biomarkers market based on companion animals, production animals covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Veterinary Biomarkers Animal Type Outlook (Revenue, USD Million, 2018-2030)
    • Companion Animals
      • Dogs
      • Cats
      • Others
    • Production Animals
      • Cows
      • Pigs
      • Others
  • South Korea Veterinary Biomarkers Product Outlook (Revenue, USD Million, 2018-2030)
    • Biomarkers, Kits & Reagents
    • Biomarker Readers
  • South Korea Veterinary Biomarkers Application Outlook (Revenue, USD Million, 2018-2030)
    • Disease Diagnostics
    • Preclinical Research
    • Others
  • South Korea Veterinary Biomarkers Veterinary Biomarkers Market Outlook (Revenue, USD Million, 2018-2030)
    • Inflammatory & Infectious Diseases
    • Cardiovascular Diseases
    • Skeletal Muscle Diseases
    • Tumor
    • Others

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Target buyers of South Korea veterinary biomarkers market databook

  • Our clientele includes a mix of veterinary biomarkers 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 veterinary biomarkers market , including forecasts for subscribers. This country databook contains high-level insights into South Korea veterinary biomarkers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea veterinary biomarkers market size, by animal type, 2018-2030 (US$M)

South Korea Veterinary Biomarkers Market Outlook Share, 2023 & 2030 (US$M)

South Korea veterinary biomarkers market size, by animal type, 2018-2030 (US$M)

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