The size of the Korean cell culture market is expected to reach USD 216.3 million in 2019, reaching USD 66.4 million by 2027, and is expected to grow at a CAGR of 13% from 2021 to 2027.
Factors driving the growth of the cell culture market include cancer prevalence, increased adoption of cell culture technology, and increased funding for research in Korea. For example, according to a report published by the National Cancer Center, cancer is the most common cause of death in Korea and accounts for one in three domestic deaths. The number of domestic cancer cases in 2016 was 231,236, which increased to 232,255 in 2017. Each major company offers cell culture products that are continuously used in cancer research.
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Market Segments
Key Players
- Avantor, Inc. (VWR International, LLC)
- Bio-Rad Laboratories Inc.
- Corning Incorporated
- Danaher Corporation (Cytiva)
- FUJIFILM Holdings Corporation (FUJIFILM Irvine Scientific, Inc.)
- Merck KGaA
- Miltenyi Biotec B.V. & Co. KG
- Sartorius AG
- STEMCELL Technologies Inc.
- Thermo Fisher Scientific Inc.
Market Segments
South Korea Cell Culture Market Segmentation
By Product
- Consumables
- Instruments
By Application
- Stem Cell Technology
- Cancer Research
- Drug Screening and Development
- Tissue Engineering & Regenerative Medicine
- Others
By End User
- Research Institutes
- Pharmaceutical & Biotechnology Companies
- Others
By Region
Europe
- France
- UK
South America
- Argentina
- Brazil
Asia Pacific
- Japan
- India
A full report is available at : https://www.orionmarketreports.com/south-korea-cell-culture-market/55823/
Scope of the Heart
The research study analyzes the global South Korea Cell Culture Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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