South Korea HER2-Positive Breast Cancer Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
South Korea's HER2-Positive Breast Cancer Market is experiencing significant growth, driven by increasing demand for targeted therapies and advancements in the healthcare industry. HER2-positive breast cancer is a subtype of breast cancer where the cancer cells overexpress the HER2 protein, which promotes the growth of cancer cells. This market is defined by the need for specialized treatments, including monoclonal antibodies, targeted therapies, and immunotherapies that are critical in improving patient outcomes.
The HER2-Positive Breast Cancer Market in South Korea is primarily influenced by the rising prevalence of breast cancer, increasing awareness about cancer treatment options, and the growing adoption of precision medicine. According to recent statistics, HER2-positive breast cancer accounts for a substantial portion of breast cancer cases in the country, making the demand for targeted treatment therapies more pressing. Healthcare providers and pharmaceutical companies are focusing on improving the treatment landscape with innovations that offer more personalized, effective care for patients.
Industries involved in the HER2-Positive Breast Cancer Market in South Korea must meet several key requirements to remain competitive. These include the development of new drugs and therapies, strengthening research and development (R&D) capabilities, and ensuring compliance with local regulations for drug approval. Manufacturers are also expected to provide cost-effective and accessible treatment options to cater to a larger demographic, considering the economic factors that impact healthcare affordability. Moreover, the role of digital health solutions and artificial intelligence in diagnostics and treatment planning is increasingly becoming crucial in advancing treatment protocols.
South Korea’s well-established healthcare infrastructure and advanced medical technologies provide a solid foundation for the growth of the HER2-Positive Breast Cancer Market. The demand for innovative solutions, especially in the realm of biologics and personalized medicine, is set to grow as the market continues to evolve. Pharmaceutical companies, biotech firms, and healthcare providers must stay at the forefront of these changes to meet the increasing needs of the population and improve patient outcomes. With continued investment in R&D and collaboration between industry stakeholders, the market is poised for further expansion, offering new hope to those battling HER2-positive breast cancer.
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Pfizer (Pharmacia and Upjohn Company)
Novartis
AstraZeneca Pharmaceuticals
Eli Lilly
Roche Group
Merck
Jiangsu HengRui Medicine
Odonate Therapeutics
Radius Pharmaceuticals
Immunomedics
Syndax Pharmaceuticals
Bayer
Eagle Pharmaceuticals
Merrimack Pharmaceuticals
GlaxoSmithKline
Millennium Pharmaceuticals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea HER2-Positive Breast Cancer Market
Immunohistochemistry (IHC)
Fluorescence in situ hybridization (FISH)
Polymerase chain reaction (PCR)
Chemotherapy
Targeted Therapy
Hormonal Therapy
Surgical Therapy
Monoclonal Antibodies
Small Molecule Inhibitors
Antibody-Drug Conjugates (ADC)
Trastuzumab (Herceptin)
Ado-Trastuzumab Emtansine (Kadcyla)
Perjeta (Pertuzumab)
Lapatinib
Hospitals
Ambulatory Surgical Centers
Specialized Cancer Treatment Centers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea HER2-Positive Breast Cancer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea HER2-Positive Breast Cancer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea HER2-Positive Breast Cancer Market, By Type
6. South Korea HER2-Positive Breast Cancer Market, By Application
7. South Korea HER2-Positive Breast Cancer Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea HER2-Positive Breast Cancer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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