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    South Korea Nano Biotechnology Market

    ID: MRFR/LS/50081-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    South Korea Nano Biotechnology Market Research Report By Application (Pharmaceuticals, Medical devices, Medical research, Food and Agriculture) and By Therapeutics (Dental therapies, Cardiac therapies, Orthopedic therapies, Others)- Forecast to 2035

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    South Korea Nano Biotechnology Market Infographic
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    South Korea Nano Biotechnology Market Summary

    The South Korea Nano Biotechnology market is projected to grow significantly from 122.4 USD Million in 2024 to 303.6 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Nano Biotechnology Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 8.61 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 303.6 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 122.4 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced nanotechnology applications due to increasing healthcare needs is a major market driver.

    Market Size & Forecast

    2024 Market Size 122.4 (USD Million)
    2035 Market Size 303.6 (USD Million)
    CAGR (2025-2035) 8.61%

    Major Players

    Genexine, Seegene, Celltrion, Hanmi Pharmaceutical, Osong Medical Innovation Foundation, SK Biopharmaceuticals, LG Chem, Hankook Korus, Neuron Pharmaceuticals, Piramal Pharma Solutions, Korea Research Institute of Bioscience and Biotechnology, Samsung Biologics, Korea United Pharmaceutical, Medytox

    South Korea Nano Biotechnology Market Trends

    The growing need for cutting-edge medical treatments and agricultural innovation have propelled notable market trends in South Korea's nano biotechnology sector. The South Korean government has demonstrated a strong commitment to biotechnology as a major national agenda item and has provided considerable support for research and development in this area.

    South Korea is becoming a pioneer in DNA nanotechnology and nanomedicine thanks to substantial government funding and initiatives that have accelerated these fields' development. As a result, South Korean companies are using nanotechnology in diagnostics and drug delivery, improving the effectiveness and efficiency of healthcare.

    Additionally, the emergence of personalised medicine is opening doors for the creation of nanoparticles that can target particular illnesses, allowing for the customisation of treatments to meet the needs of each patient. This change is in line with South Korea's strong healthcare system and emphasis on incorporating technology into clinical procedures.

    Current patterns show that industry participants and academic institutions are working together more frequently, which promotes innovation and speeds up the commercialisation of products utilising nanobiotechnology. Additionally, the agricultural industry is expanding significantly, with farmers seeking sustainable farming solutions increasingly turning to nanopesticides and fertilisers.

    Urban agriculture investigates these nano uses to improve crop productivity and safety, especially in urban settings like Seoul. South Korea has a chance to use its cutting-edge research capabilities to offer more environmentally friendly and effective solutions as consumer awareness of health and environmental issues grows.

    Overall, there are many opportunities for growth and development in the South Korean nano biotechnology market, which is characterised by dynamic trends supported by institutional backing and emerging technological developments.

    Market Segment Insights

    South Korea Nano Biotechnology Market Segment Insights

    South Korea Nano Biotechnology Market Segment Insights

    Nano Biotechnology Market Application Insights

    Nano Biotechnology Market Application Insights

    The South Korea Nano Biotechnology Market, particularly in the Application segment, presents a robust landscape characterized by its diverse applications across various fields.

    The market is gaining momentum from the increasing adoption of nanotechnology in Pharmaceuticals, where the focus is on decreasing drug delivery time while enhancing therapeutic outcomes through targeted and controlled release systems.

    This segment demonstrates significant advancements in drug formulation, which have revolutionized the way pharmaceuticals are developed and delivered, ultimately improving patient compliance and treatment efficacy. In the domain of Medical devices, the integration of nanotechnology allows for the creation of more efficient and effective imaging devices, diagnostic tools, and therapeutic equipment.

    The use of nanomaterials can significantly enhance device performance, leading to better patient outcomes and opening avenues for the development of devices that are less invasive and provide high accuracy in diagnostics.

    Nano Biotechnology Market Therapeutics Insights

    Nano Biotechnology Market Therapeutics Insights

    The Therapeutics segment of the South Korea Nano Biotechnology Market encompasses a dynamic range of applications focused on enhancing patient outcomes through innovative treatments. Major players in the market are leveraging nanotechnology to develop cutting-edge Dental therapies, which significantly improve oral health by enabling targeted drug delivery and regenerative approaches.

    Cardiac therapies are gaining traction as well, aimed at treating cardiovascular diseases through precise nanomedicine, thus enhancing drug efficacy and reducing side effects. Orthopedic therapies utilize nanotechnology for better implant integration and tissue regeneration, making surgical procedures more effective and reliable.

    Additionally, the "Others" category addresses a variety of therapeutic applications, emphasizing the versatility and adaptability of nanotechnology in medicine.

    The growth of the South Korea Nano Biotechnology Market is driven by increasing healthcare demands, advancements in research and development, and supportive government initiatives aimed at fostering innovation in the biotechnology space.

    Get more detailed insights about South Korea Nano Biotechnology Market Research Report- Forecast to 2035

    Key Players and Competitive Insights

    The South Korea Nano Biotechnology Market is characterized by a dynamic landscape shaped by rapid technological advancements and an increasing emphasis on research and innovation. This sector focuses on leveraging nanotechnology in the fields of medicine, agriculture, and environmental science, offering various applications such as drug delivery systems, diagnostic tools, and therapeutic agents.

    The heightened investment in biotechnology research and development by both public and private sectors in South Korea has fostered a conducive environment for growth and competition. Collaborations between universities and research institutions further enhance the market potential by driving forward innovative solutions and facilitating the commercialization of new technologies.

    The ecosystem encourages the entrance of startups and established companies alike, each striving for a significant share of this burgeoning market.

    Genexine stands as a prominent player within the South Korean Nano Biotechnology Market, distinguished by its innovative approach and advanced product pipeline. The company has a strong focus on developing novel therapeutics that harness the potential of nanobiotechnology to address unmet medical needs.

    Genexine's robust research and development framework has enabled the creation of various products that aim to enhance drug efficacy and patient outcomes. Furthermore, its strategic collaborations with various stakeholders in the healthcare ecosystem have contributed to strengthening its market presence.

    With a commitment to excellence and a reputation for pioneering breakthroughs, Genexine has established itself as a leading innovator, driving progress in the application of nanotechnology for biopharmaceuticals within South Korea.

    Seegene is another key player in the South Korea Nano Biotechnology Market, gaining prominence through its innovative diagnostics platform that leverages nano-scale technologies. The company specializes in molecular diagnostics, offering a range of products that enable efficient detection of infectious diseases and genetic conditions.

    Seegene's strong focus on rapid innovation has led to the development of proprietary technologies that significantly enhance the accuracy and speed of diagnostic testing. The company’s market presence is bolstered by its strategic partnerships and collaborations with regional and international research institutions, aiming to expand its product offerings and reach.

    Seegene has also engaged in key mergers and acquisitions, further solidifying its position and increasing its technological capabilities in the market. Through its commitment to improving healthcare outcomes using cutting-edge biotechnology, Seegene continues to play a significant role in advancing the field of nano biotechnology within South Korea.

    Key Companies in the South Korea Nano Biotechnology Market market include

    Industry Developments

    Recent developments in the South Korea Nano Biotechnology Market have shown significant advancements, particularly with companies like Genexine, Seegene, Celltrion, and Hanmi Pharmaceutical leading in innovative therapies and diagnostics.

    In September 2023, SK Biopharmaceuticals announced a partnership with LG Chem to collaborate on nano drug delivery systems, enhancing the capabilities within the sector. Furthermore, Samsung Biologics reported a surge in demand for biopharmaceutical manufacturing services, reflecting the growing size of the targeted therapies market.

    In terms of mergers and acquisitions, in August 2023, Neuron Pharmaceuticals acquired a subsidiary of Piramal Pharma Solutions to expand its research capabilities in nano-based drug delivery.

    The Korea Research Institute of Bioscience and Biotechnology continues to drive research initiatives and commercialization efforts, which are essential for advancing the nano-biotechnology landscape in the region.

    Additionally, investments within the Osong Medical Innovation Foundation are boosting infrastructure for various biotechnology companies, contributing to a year-on-year market growth of about 12% as reported in late 2022.

    This growth, alongside collaborations and innovations, significantly impacts the landscape of the South Korea Nano Biotechnology Market, turning it into a global player for cutting-edge biotechnological applications.

    Market Segmentation

    Nano Biotechnology Market Application Outlook

    • Pharmaceuticals
    • Medical devices
    • Medical research
    • Food and Agriculture

    Nano Biotechnology Market Therapeutics Outlook

    • Dental therapies
    • Cardiac therapies
    • Orthopedic therapies
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 111.68(USD Million)
    MARKET SIZE 2024 122.4(USD Million)
    MARKET SIZE 2035 303.6(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.609% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Genexine, Seegene, Celltrion, Hanmi Pharmaceutical, Osong Medical Innovation Foundation, SK Biopharmaceuticals, LG Chem, Hankook Korus, Neuron Pharmaceuticals, Piramal Pharma Solutions, Korea Research Institute of Bioscience and Biotechnology, Samsung Biologics, Korea United Pharmaceutical, Medytox
    SEGMENTS COVERED Application, Therapeutics
    KEY MARKET OPPORTUNITIES Targeted drug delivery systems, Advanced cancer therapies, Nanomaterials for diagnostics, Sustainable agricultural solutions, Biocompatible implants and devices
    KEY MARKET DYNAMICS Rising investment in research, Increased demand for personalized medicine, Growing application in agriculture, Strong government support, Advancements in drug delivery systems
    COUNTRIES COVERED South Korea

    FAQs

    What is the expected market size of the South Korea Nano Biotechnology Market in 2024?

    The South Korea Nano Biotechnology Market is expected to be valued at 122.4 million USD in 2024.

    What is the projected market size for the South Korea Nano Biotechnology Market by 2035?

    By 2035, the South Korea Nano Biotechnology Market is projected to reach a value of 303.6 million USD.

    What is the expected compound annual growth rate (CAGR) for the South Korea Nano Biotechnology Market from 2025 to 2035?

    The expected CAGR for the South Korea Nano Biotechnology Market from 2025 to 2035 is 8.609 percent.

    Which applications dominate the South Korea Nano Biotechnology Market?

    The applications of the South Korea Nano Biotechnology Market include Pharmaceuticals, Medical devices, Medical research, and Food and Agriculture.

    How much is the Pharmaceutical segment valued at in the South Korea Nano Biotechnology Market in 2024?

    The Pharmaceuticals segment is valued at 45.6 million USD in the South Korea Nano Biotechnology Market in 2024.

    What is the forecasted market value for the Medical devices segment in 2035?

    The Medical devices segment is forecasted to reach a value of 79.2 million USD by 2035.

    Who are the major players in the South Korea Nano Biotechnology Market?

    Major players in this market include Genexine, Seegene, Celltrion, Hanmi Pharmaceutical, and SK Biopharmaceuticals, among others.

    What is the expected market value of the Medical research segment in 2024?

    The Medical research segment is expected to be valued at 25.2 million USD in the South Korea Nano Biotechnology Market in 2024.

    What is the anticipated market size for the Food and Agriculture segment in 2035?

    The Food and Agriculture segment is anticipated to grow to 50.4 million USD by 2035.

    What are the growth drivers for the South Korea Nano Biotechnology Market?

    Growth drivers include advancements in technology, increasing demand for innovative medical solutions, and rising investments in biotechnological research.

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