South Korea Precision Psychiatry Market Size & Outlook
The precision psychiatry market in South Korea is expected to reach a projected revenue of US$ 110.7 million by 2033. A compound annual growth rate of 16.3% is expected of South Korea precision psychiatry market from 2025 to 2033.
- Pharmaceuticals
- Neurology Drugs
- Precision Psychiatry Market Outlook
- Neurology Drugs
Revenue, 2024 (US$M)
$28.6
Forecast, 2033 (US$M)
$110.7
CAGR, 2025 - 2033
16.3%
Report Coverage
South Korea
Global Market
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South Korea precision psychiatry market highlights
- The South Korea precision psychiatry market generated a revenue of USD 28.6 million in 2024 and is expected to reach USD 110.7 million by 2033.
- The South Korea market is expected to grow at a CAGR of 16.3% from 2025 to 2033.
- In terms of segment, genetic testing was the largest revenue generating service type in 2024.
- Data Analytics & Interpretation Services is the most lucrative service type segment registering the fastest growth during the forecast period.
Precision psychiatry market data book summary
| Market revenue in 2024 | USD 28.6 million |
| Market revenue in 2033 | USD 110.7 million |
| Growth rate | 16.3% (CAGR from 2025 to 2033) |
| Largest segment | Genetic testing |
| Fastest growing segment | Data Analytics & Interpretation Services |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Testing, Biomarker Analysis, Data Analytics & Interpretation Services |
| Key market players worldwide | Invitae Corp, Myriad Genetics Inc, Polaris Genomics, GeneDx, Genomind, CNSDose, MedGenome, LabCorp, Gene Health, Quest Diagnostics Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.5% of the global precision psychiatry market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China precision psychiatry market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 313.5 million by 2033.
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Publish Date: Sep 25, 2025
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Precision Psychiatry Market Scope
Precision Psychiatry Market segmentation & scope
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Precision Psychiatry Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Quest Diagnostics Inc | View profile | 48,000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | www.questdiagnostics.com |
| Myriad Genetics Inc | View profile | 2,700 | 320 Wakara Way, Salt Lake City, UT, United States, 84108 | www.myriad.com |
| Invitae Corp | View profile | 1,700 | 1400 16th Street, San Francisco, CA, United States, 94103 | www.invitae.com |
| MedGenome | View profile | 501-1000 | Bangalore, Karnataka, India, Asia | diagnostics.medgenome.com |
| LabCorp | View profile | - | - | - |
| GeneDx | View profile | 501-1000 | Stamford, Connecticut, United States, North America | www.genedx.com |
| Polaris Genomics | View profile | 11-50 | Gaithersburg, Maryland, United States, North America | polarisgenomics.com/ |
| Genomind | View profile | 101-250 | Chalfont, Pennsylvania, United States, North America | www.genomind.com |
| CNSDose | View profile | 1-10 | Melbourne, Victoria, Australia, Oceania | www.cnsdose.com/ |
| Gene Health | View profile | - | Taipei, T'ai-pei, Taiwan, Asia | www.genehealth.com.tw/ |
South Korea Precision Psychiatry 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 Precision Psychiatry Market Outlook will help companies and investors design strategic landscapes.
Genetic Testing was the largest segment with a revenue share of 47.2% in 2024.
Horizon Databook has segmented the South Korea precision psychiatry market based on genetic testing, biomarker analysis, data analytics & interpretation services covering the revenue growth of each sub-segment from 2021 to 2033.
- South Korea Precision Psychiatry Market Service Type Outlook (Revenue, USD Million , 2021-2033)
- Genetic Testing
- Biomarker Analysis
- Data Analytics & Interpretation Services
- Others
- South Korea Precision Psychiatry Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Next-Generation Sequencing (NGS)
- Polymerase Chain Reaction (PCR)
- Immunoassay
- Mass Spectrometry
- Others
- South Korea Precision Psychiatry Market Therapeutic Area Outlook (Revenue, USD Million , 2021-2033)
- Depression and Anxiety Disorders
- Schizophrenia and Psychotic Disorders
- Bipolar Disorder
- Substance Use Disorders
- Others
- South Korea Precision Psychiatry Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Hospitals & Clinics
- Clinical Laboratories
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Precision Psychiatry Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Precision Psychiatry Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Precision Psychiatry Market, 2021-2033 (US$M)
South Korea precision psychiatry market statistics, by service type, 2021-2033 (US$M)
