South Korea Genetic Testing Market to 2032
Overview
The South Korea Genetic Testing Market is expected to reach a 1,840.52 USD Million by 2032 and is projected to grow at a CAGR of 24.25% from 2025 to 2032.
Revenue, 2024 (USD Million)
529.64
Forecast, 2032 (USD Million)
1,840.52
CAGR, 2024 - 2032
24.25%
Report Coverage
South Korea
South Korea Genetic Testing Market 2018-2032 USD Million
South Korea Genetic Testing Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 529.64 USD Million
- Projected Market Size (2032): 1,840.52 USD Million
- CAGR (2025-2032): 24.25%
Key Findings of South Korea Genetic Testing Market
- The South Korea Genetic Testing Market was valued at 529.64 USD Million in 2024.
- The South Korea Genetic Testing Market is likely to grow at a CAGR of 24.25% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cancer in Diseases Segment accounted for the largest share of the market with a revenue of 335.31 USD Million
- The fastest growing segment Diagnostic Testing in Type Segment grew Fastest with a CAGR of 26.94% during the forecast period from 2024 to 2032.
South Korea Genetic Testing Market Scope
South Korea Genetic Testing Market Segmentation & Scope
Diseases
- Others
- Cystic Fibrosis
- Huntington's Disease
- Duchenne Muscular Dystrophy
- Fragile X Syndrome
- Rare Genetic Disorder
- Thalassemia
- Sickle Cell Anemia
- Cancer
End User
- Private Laboratories
- Laboratory Service Providers
- Private Clinics
- Diagnostic Centers
- Clinics
- Hospitals
Type
- Other Types
- Carrier Testing
- Predictive and Presymptomatic Testing
- New Born Screening
- Prenatal Testing
- Diagnostic Testing
Technology
- Others
- Fluorescence In Situ Hybridization (FISH)
- Microarrays
- Whole Genome Sequencing
- DNA Sequencing (NGS-Based Testing)
- Polymerase Chain Reaction
South Korea Genetic Testing Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 529.64 USD Million |
| Market Value in 2032 | 1,840.52 USD Million |
| CAGR (2025-2032) | 24.25% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Diseases,End User,Type,Technology |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 529.64 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 529.64 USD Million in 2024.
Segments and Scope
-
South Korea Genetic Testing Market to 2032, By Diseases
- Cancer is the largest segment in South Korea Genetic Testing Market to 2032 with a revenue of 335.31 USD Million in the year 2024.
- Cancer is the Fastest growing segment in South Korea Genetic Testing Market to 2032 with a Growth rate of 25.54 % in forecast period 2025-2032.
-
South Korea Genetic Testing Market to 2032, By End User
- Hospitals is the largest segment in South Korea Genetic Testing Market to 2032 with a revenue of 214.59 USD Million in the year 2024.
- Hospitals is the Fastest growing segment in South Korea Genetic Testing Market to 2032 with a Growth rate of 26.78 % in forecast period 2025-2032.
-
South Korea Genetic Testing Market to 2032, By Type
- Diagnostic Testing is the largest segment in South Korea Genetic Testing Market to 2032 with a revenue of 224.15 USD Million in the year 2024.
- Diagnostic Testing is the Fastest growing segment in South Korea Genetic Testing Market to 2032 with a Growth rate of 26.94 % in forecast period 2025-2032.
-
South Korea Genetic Testing Market to 2032, By Technology
- Polymerase Chain Reaction is the largest segment in South Korea Genetic Testing Market to 2032 with a revenue of 238.25 USD Million in the year 2024.
- Polymerase Chain Reaction is the Fastest growing segment in South Korea Genetic Testing Market to 2032 with a Growth rate of 26.54 % in forecast period 2025-2032.
South Korea Genetic Testing Market Company Share Analysis
| Company Name |
|
||
| PerkinElmer Inc. | |||
| Illumina, Inc. | |||
| Thermo Fisher Scientific Inc. | |||
| Cepheid | |||
| Fulgent Genetics | |||
South Korea Genetic Testing Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Genetic Testing Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Genetic Testing Market is segmented based on Segmentation Diseases,End User,Type,Technology.
South Korea Genetic Testing Market was valued at USD 529.64(Revenue in USD Million) in 2021.
South Korea Genetic Testing Market is projected to grow at a CAGR of 24.25% during the forecast period of 2024 to 2032.
The Cancer segment is expected to dominate the South Korea Genetic Testing Market, holding a largest market share of 335.31 USD Million in 2024
South Korea Genetic Testing Market Scope
South Korea Genetic Testing Market Segmentation & Scope
Diseases
- Others
- Cystic Fibrosis
- Huntington's Disease
- Duchenne Muscular Dystrophy
- Fragile X Syndrome
- Rare Genetic Disorder
- Thalassemia
- Sickle Cell Anemia
- Cancer
End User
- Private Laboratories
- Laboratory Service Providers
- Private Clinics
- Diagnostic Centers
- Clinics
- Hospitals
Type
- Other Types
- Carrier Testing
- Predictive and Presymptomatic Testing
- New Born Screening
- Prenatal Testing
- Diagnostic Testing
Technology
- Others
- Fluorescence In Situ Hybridization (FISH)
- Microarrays
- Whole Genome Sequencing
- DNA Sequencing (NGS-Based Testing)
- Polymerase Chain Reaction
Frequently Asked Questions
The South Korea Genetic Testing Market is segmented based on Segmentation Diseases,End User,Type,Technology.
South Korea Genetic Testing Market was valued at USD 529.64(Revenue in USD Million) in 2021.
South Korea Genetic Testing Market is projected to grow at a CAGR of 24.25% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Genetic Testing Market for final year is USD 1,840.52 (USD Million).
South Korea Genetic Testing Market Company Profiling
Frequently Asked Questions
The South Korea Genetic Testing Market is segmented based on Segmentation Diseases,End User,Type,Technology.
South Korea Genetic Testing Market was valued at USD 529.64(Revenue in USD Million) in 2021.
South Korea Genetic Testing Market is projected to grow at a CAGR of 24.25% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Genetic Testing Market for final year is USD 1,840.52 (USD Million).
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