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South Korea Pharmaceuticals Market Summary, Competitive Analysis and Forecast to 2027

October 2023 | 43 pages | ID: S458B8544ABFEN
MarketLine

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South Korea Pharmaceuticals Market Summary, Competitive Analysis and Forecast to 2027

Summary

Pharmaceuticals in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare.
  • The South Korean pharmaceuticals market had total revenues of $30.6 billion in 2022, representing a compound annual growth rate (CAGR) of 5.2% between 2017 and 2022.
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  • The South Korean market acquired a 7.2% share of the Asia-Pacific pharmaceuticals market in 2022. South Korea's pharmaceutical market is expected to remain strong despite concerns about a lag in drug approvals. The government's support for the industry, as seen in recent legislation, enhanced its long-term potential.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the pharmaceuticals market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in South Korea
  • Leading company profiles reveal details of key pharmaceuticals market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea pharmaceuticals market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea pharmaceuticals market by value in 2022?
  • What will be the size of the South Korea pharmaceuticals market in 2027?
  • What factors are affecting the strength of competition in the South Korea pharmaceuticals market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's pharmaceuticals market?
1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Market rivalry
1.5. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What are the most recent market developments?

8 COMPANY PROFILES

8.1. Chong Kun Dang Pharmaceutical Corp.
8.2. Daewoong Pharmaceutical Co Ltd
8.3. Hanmi Pharmaceuticals Co Ltd
8.4. Pfizer Inc.

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

LIST OF TABLES

Table 1: South Korea pharmaceuticals market value: $ billion, 2017-22
Table 2: South Korea pharmaceuticals market geography segmentation: $ billion, 2022
Table 3: South Korea pharmaceuticals market value forecast: $ billion, 2022-27
Table 4: Chong Kun Dang Pharmaceutical Corp.: key facts
Table 5: Chong Kun Dang Pharmaceutical Corp.: Annual Financial Ratios
Table 6: Chong Kun Dang Pharmaceutical Corp.: Key Employees
Table 7: Daewoong Pharmaceutical Co Ltd: key facts
Table 8: Daewoong Pharmaceutical Co Ltd: Annual Financial Ratios
Table 9: Daewoong Pharmaceutical Co Ltd: Key Employees
Table 10: Hanmi Pharmaceuticals Co Ltd: key facts
Table 11: Hanmi Pharmaceuticals Co Ltd: Annual Financial Ratios
Table 12: Hanmi Pharmaceuticals Co Ltd: Key Employees
Table 13: Pfizer Inc.: key facts
Table 14: Pfizer Inc.: Annual Financial Ratios
Table 15: Pfizer Inc.: Key Employees
Table 16: Pfizer Inc.: Key Employees Continued
Table 17: South Korea size of population (million), 2018-22
Table 18: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 19: South Korea gdp (current prices, $ billion), 2018-22
Table 20: South Korea inflation, 2018-22
Table 21: South Korea consumer price index (absolute), 2018-22
Table 22: South Korea exchange rate, 2018-22

LIST OF FIGURES

Figure 1: South Korea pharmaceuticals market value: $ billion, 2017-22
Figure 2: South Korea pharmaceuticals market geography segmentation: % share, by value, 2022
Figure 3: South Korea pharmaceuticals market value forecast: $ billion, 2022-27
Figure 4: Forces driving competition in the pharmaceuticals market in South Korea, 2022
Figure 5: Drivers of buyer power in the pharmaceuticals market in South Korea, 2022
Figure 6: Drivers of supplier power in the pharmaceuticals market in South Korea, 2022
Figure 7: Factors influencing the likelihood of new entrants in the pharmaceuticals market in South Korea, 2022
Figure 8: Factors influencing the threat of substitutes in the pharmaceuticals market in South Korea, 2022
Figure 9: Drivers of degree of rivalry in the pharmaceuticals market in South Korea, 2022


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