South Korea Liquid Biopsy Market Size & Outlook, 2024-2030
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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 2024 | USD 209.6 million |
Market revenue in 2030 | USD 451.1 million |
Growth rate | 13.6% (CAGR from 2025 to 2030) |
Largest segment | Blood sample based |
Fastest growing segment | Blood Sample Based |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Blood Sample Based |
Key market players worldwide | ANGLE 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 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
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Our clientele includes a mix of liquid biopsy 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 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)
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