South Korea Liquid Biopsy Market Size & Outlook, 2024-2030

The liquid biopsy market in South Korea is expected to reach a projected revenue of US$ 451.1 million by 2030. A compound annual growth rate of 13.6% is expected of South Korea liquid biopsy market from 2025 to 2030.
Revenue, 2024 (US$M)
$209.6
Forecast, 2030 (US$M)
$451.1
CAGR, 2025 - 2030
13.6%
Report Coverage
South Korea

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South Korea liquid biopsy market, 2018-2030 (US$M)

South Korea liquid biopsy market, 2018-2030 (US$M)

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South Korea liquid biopsy market highlights

  • The South Korea liquid biopsy market generated a revenue of USD 209.6 million in 2024 and is expected to reach USD 451.1 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 13.6% from 2025 to 2030.
  • In terms of segment, blood sample based was the largest revenue generating type in 2024.
  • Blood Sample Based is the most lucrative type segment registering the fastest growth during the forecast period.

Liquid biopsy market data book summary

Market revenue in 2024USD 209.6 million
Market revenue in 2030USD 451.1 million
Growth rate13.6% (CAGR from 2025 to 2030)
Largest segmentBlood sample based
Fastest growing segmentBlood Sample Based
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlood Sample Based
Key market players worldwideANGLE PLC, Guardant Health Inc, Myriad Genetics Inc, Biocept Inc, Lucence Health, Roche, Qiagen NV, Illumina Inc, Thermo Fisher Scientific Inc, Epigenomics AG, Oncimmune, Freenome

Other key industry trends

  • In terms of revenue, South Korea accounted for 1.8% of the global liquid biopsy market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan liquid biopsy 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 555.7 million by 2030.

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Liquid Biopsy Market Scope

Liquid biopsy market segmentation & scope
Blood Sample Based
Others
Circulating Nucleic Acids
CTC
Exosomes/Microvesicles
Circulating Proteins
Multi-gene-parallel Analysis (NGS)
Single Gene Analysis (PCR Microarrays)
Lung Cancer
Prostate Cancer
Breast Cancer
Colorectal Cancer
Leukemia
Gastrointestinal Cancer
Others
Reproductive Health
Others
Hospitals and Laboratories
Specialty Clinics
Academic and Research Centers
Others
Therapy Selection
Treatment Monitoring
Early Cancer Screening
Recurrence Monitoring
Others
Instruments
Consumables Kits and Reagents
Software and Services

Liquid Biopsy Market Companies

Name Profile # Employees HQ Website
Freenome View profile 501-1000 South San Francisco, California, United States, North America https://www.freenome.com
Oncimmune View profile 51-100 Nottingham, Nottingham, United Kingdom, Europe http://oncimmune.com/
Lucence Health View profile 51-100 Palo Alto, California, United States, North America https://www.lucence.com/
Roche View profile 10001+ Basel, Basel-Stadt, Switzerland, Europe http://www.roche.com
Epigenomics AG View profile 18 Geneststrasse 5, Berlin, BB, Germany, 10829 https://www.epigenomics.com
Guardant Health Inc View profile 1779 3100 Hanover Street, Palo Alto, CA, United States, 94304 https://www.guardanthealth.com
Biocept Inc View profile 50 9955 Mesa Rim Road, San Diego, CA, United States, 92121 https://www.biocept.com
Myriad Genetics Inc View profile 2700 320 Wakara Way, Salt Lake City, UT, United States, 84108 https://www.myriad.com
ANGLE PLC View profile 165 10 Nugent Road, The Surrey Research Park, Surrey, Guildford, United Kingdom, GU2 7AF https://www.angleplc.com
Qiagen NV View profile 5900 Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL https://www.qiagen.com
Illumina Inc View profile 9300 5200 Illumina Way, San Diego, CA, United States, 92122 https://www.illumina.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com

South Korea liquid biopsy 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 liquid biopsy market will help companies and investors design strategic landscapes.


Blood sample based was the largest segment with a revenue share of 83.02% in 2024. Horizon Databook has segmented the South Korea liquid biopsy market based on blood sample based covering the revenue growth of each sub-segment from 2018 to 2030.


South Korea exhibits strong potential for R&D capabilities in the pharmaceutical and biopharmaceutical sectors, which is expected to boost the demand for NGS liquid biopsy products in research. Cancer research has become a national priority for the Korean government.

It supports several universities, institutions, and researchers to facilitate cancer research activities, which is anticipated to create significant demand for NGS products in the coming years. Furthermore, increasing R&D investments by key pharmaceutical companies in South Korea are expected to create a lucrative environment for market growth.

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Target buyers of South Korea liquid biopsy market databook

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

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South Korea liquid biopsy market size, by type, 2018-2030 (US$M)

South Korea Liquid Biopsy Market Outlook Share, 2024 & 2030 (US$M)

South Korea liquid biopsy market size, by type, 2018-2030 (US$M)

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