South Korea Infectious Respiratory Disease Diagnostics Market Size & Outlook
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South Korea infectious respiratory disease diagnostics market highlights
- The South Korea infectious respiratory disease diagnostics market generated a revenue of USD 726.9 million in 2024 and is expected to reach USD 1,038.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.3% from 2025 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2024.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious respiratory disease diagnostics market data book summary
| Market revenue in 2024 | USD 726.9 million |
| Market revenue in 2030 | USD 1,038.1 million |
| Growth rate | 6.3% (CAGR from 2025 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Services |
| Key market players worldwide | Abbott Laboratories, Thermo Fisher Scientific Inc, Koninklijke Philips NV, BD, BioMerieux SA, Bio-Rad Laboratories Inc, QuidelOrtho Corp, Siemens Healthineers AG ADR, Danaher Corp, Qiagen NV, Roche |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.3% of the global infectious respiratory disease diagnostics market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China infectious respiratory disease diagnostics 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 2,507.8 million by 2030.
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Infectious Respiratory Disease Diagnostics Market Scope
Infectious Respiratory Disease Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Roche | View profile | 10001+ | Basel, Basel-Stadt, Switzerland, Europe | http://www.roche.com |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| QuidelOrtho Corp | View profile | 7100 | 9975 Summers Ridge Road, San Diego, CA, United States, 92121 | https://www.quidelortho.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| BioMerieux SA | View profile | 13982 | Marcy l’Etoile, Lyon, France, 69280 | http://www.biomerieux.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
South Korea infectious respiratory disease 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 infectious respiratory disease diagnostics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 67.86% in 2024. Horizon Databook has segmented the South Korea infectious respiratory disease diagnostics market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness among people and rising government support is expected to drive the growth of the infectious respiratory disease diagnostics market in South Korea. For instance, North Korea and South Korea have entered into an agreement to develop measures for combating infectious diseases, especially tuberculosis.
In addition, the increasing incidence of infectious diseases, such as pneumonia and pertussis, is expected to drive market growth. Furthermore, the country has announced that the government will cover all expenses for COVID-19 and has been effective in containing the infection rate.
Thus, this initiative is expected to boost the number of tests for COVID-19, thereby fueling the market growth. The country conducted over 1,804,422 tests as of August 24, 2020. South Korea has set up around 50 drive-through testing centers, which is expected to drive the market in the country.
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Target buyers of South Korea infectious respiratory disease diagnostics market databook
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Our clientele includes a mix of infectious respiratory disease diagnostics 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 infectious respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea infectious respiratory disease diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea infectious respiratory disease diagnostics market size, by product, 2018-2030 (US$M)
South Korea Infectious Respiratory Disease Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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