Report Overview
South Korea RUO Immunoassay Market Size:
The South Korea RUO immunoassay market is expected to grow at a CAGR of 16.49% from 2025 to 2030.
South Korea is one of the greying societies in Asia, with an escalating proportion of the elderly population, which stood at 15.73% in 2020, 16.57% in 2021, and 17.47% in 2022, depicting a notable demographic shift. This trend underscores an increasing demand for treatments and diagnoses for chronic diseases like diabetes, cancer, and Alzheimer's. According to the Korean Cancer Association, in total, 273,076 new cancer cases and 81,818 cancer deaths were recorded in 2023. The cancer burden in Korea leads to evaluate and develop treatments, where RUO Immunoassays play a vital role.
Another, prominent disease affecting the older population is dementia. In 2021, the prevalence of dementia in Korea was estimated to be more than 786,000 with numbers expected to continue to rise. For this, Bredis Healthcare received a grant from the South Korean government, in August 2023, under the Deep Tech TIPS program to enhance the early diagnosis of Alzheimer's disease.
The grant amounts to KRW 1.7 billion. The company has developed a novel platform for digital immunoassay technology, which showed the ability to detect Alzheimer's biomarkers with a sensitivity 10,000 times greater than current diagnostic methods, capable of detecting blood biomarkers at the femtogram level. The medical device market size of South Korea was valued at $9,198 million by the Ministry of Food and Drug Safety. There are several key players like Koma Biotech Co., Ltd. specializing in supplying reagents, consumables, and equipment for life science research in areas including molecular biology, immunology, cell biology, and genetics. They offer customized manufacturing services to meet specific customer needs and contribute to the development of effective treatments.
South Korea RUO Immunoassay Market Scope:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| South Korea RUO Immunoassay Market Size in 2025 | US$1.666 billion |
| South Korea RUO Immunoassay Market Size in 2030 | US$2.345 billion |
| Growth Rate | CAGR of 16.49% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | Seoul, Busan, Incheon, Daegu, Others |
| List of Major Companies in the South Korea RUO Immunoassay Market | |
| Customization Scope | Free report customization with purchase |
South Korea RUO Immunoassay Market Segmentation
By Product Type
- Immunoassay Kits
- Enzyme-Linked Immunosorbent Assay (ELISA) Kits
- Conventional
- Manual
- Radioimmunoassay (RIA Kits)
- Conventional
- Manual
- Chemiluminescent Immunoassay (CLIA) Kits
- Enzyme-Linked Immunosorbent Assay (ELISA) Kits
- Immunoassay Reagents
- Microplate Reader
- Microplates
- Analyzers
- Automated Analyzers
- Non-Automated Analyzers
- Microplate Washers
- Others
By Sample Type
- Plasma
- Blood Serum
- Urine
- Saliva
- Cell or Tissue Culture Medium
- Others
By Application
- Oncology
- Blood Screening and Toxicology
- Infectious Disease
- Cardiology
- Allergy Diagnostic
- Rare and Emerging Condition Diagnostic
- Others
By End-User
- Research and Academic Laboratories
- Pharmaceutical and Biotechnology Companies
By City
- Seoul
- Busan
- Incheon
- Daegu
- Others
Market Segmentation
By Product Type
By Sample Type
By Application
By End-user
By City
Table of Contents
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
2.1. Market Overview
2.2. Market Definition
2.3. Scope of the Study
2.4. Market Segmentation
3. BUSINESS LANDSCAPE
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Industry Value Chain Analysis
3.6. Policies and Regulations
3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
4.1. Product Pipeline
5. SOUTH KOREA RUO IMMUNOASSAY MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Immunoassay Kits
5.2.1. Enzyme-Linked Immunosorbent Assay (ELISA) Kits
5.2.1.1. Conventional
5.2.1.2. Manual
5.2.2. Radioimmunoassay (RIA Kits)
5.2.2.1. Conventional
5.2.2.2. Manual
5.2.3. Chemiluminescent Immunoassay (CLIA) Kits
5.3. Immunoassay Reagents
5.4. Microplate Reader
5.5. Microplates
5.6. Analyzers
5.6.1. Automated Analyzers
5.6.2. Non-Automated Analyzers
5.7. Microplate Washers
5.8. Others
6. SOUTH KOREA RUO IMMUNOASSAY MARKET BY SAMPLE TYPE
6.1. Introduction
6.2. Plasma
6.3. Blood Serum
6.4. Urine
6.5. Saliva
6.6. Cell or Tissue Culture Medium
6.7. Others
7. SOUTH KOREA RUO IMMUNOASSAY MARKET BY APPLICATION
7.1. Introduction
7.2. Oncology
7.3. Blood Screening and Toxicology
7.4. Infectious Disease
7.5. Cardiology
7.6. Allergy Diagnostic
7.7. Rare and Emerging Condition Diagnostic
7.8. Others
8. SOUTH KOREA RUO IMMUNOASSAY MARKET BY END-USER
8.1. Introduction
8.2. Research and Academic Laboratories
8.3. Pharmaceutical and Biotechnology Companies
9. SOUTH KOREA RUO IMMUNOASSAY MARKET BY CITY
9.1. Introduction
9.2. Seoul
9.2.1. By Product Type
9.2.2. By Sample Type
9.2.3. By Application
9.2.4. By End-User
9.3. Busan
9.3.1. By Product Type
9.3.2. By Sample Type
9.3.3. By Application
9.3.4. By End-User
9.4. Incheon
9.4.1. By Product Type
9.4.2. By Sample Type
9.4.3. By Application
9.4.4. By End-User
9.5. Daegu
9.5.1. By Product Type
9.5.2. By Sample Type
9.5.3. By Application
9.5.4. By End-User
9.6. Others
9.6.1. By Product Type
9.6.2. By Sample Type
9.6.3. By Application
9.6.4. By End-User
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. F. Hoffmann-La Roche Ltd
11.2. Merck KGaA
11.3. Danaher Corporation
11.4. Quanterix Corporation
11.5. Thermo Fisher Scientific Inc.
11.6. QuidelOrtho Corporation
11.7. Becton Dickinson
11.8. Seegene Inc.
12. APPENDIX
12.1. Currency
12.2. Assumptions
12.3. Base and Forecast Years Timeline
12.4. Key benefits for the stakeholders
12.5. Research Methodology
12.6. Abbreviations
Request Customization
Tell us your specific requirements and we will customize this report for you.
Download Free Sample
Get a sample copy of this report with charts, TOC, and methodology.
Speak to Analyst
Ask our analysts any questions you have about this market research report.
South Korea RUO Immunoassay Market Report
Trusted by the world's leading organizations
