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    South Korea Antibody Drug Discovery Market

    ID: MRFR/Pharma/50163-HCR
    200 Pages
    Garvit Vyas
    September 2025

    South Korea Antibody Drug Discovery Market Research Report By Type (Monoclonal Antibodies, Polyclonal Antibodies, Antibody-Drug Conjugates, Bispecific Antibodies), By Technology (Recombinant DNA Technology, Hybridoma Technology, Phage Display Technology, Transgenic Technology), By Application (Therapeutic Applications, Diagnostic Applications, Research Applications) andBy End Use (Pharmaceutical Companies, Biotechnology Companies, Research Institutions)- Forecast to 2035

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    South Korea Antibody Drug Discovery Market Research Report — Global Forecast till 2035 Infographic
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    Table of Contents

    South Korea Antibody Drug Discovery Market Summary

    The South Korea Antibody Drug Discovery market is projected to grow from 2500 USD Million in 2024 to 5000 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Antibody Drug Discovery Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 6.5 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 5000 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 2500 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of innovative therapeutic approaches due to increasing prevalence of chronic diseases is a major market driver.

    Market Size & Forecast

    2024 Market Size 2500 (USD Million)
    2035 Market Size 5000 (USD Million)
    CAGR (2025 - 2035) 6.5%

    Major Players

    Samsung Electronics (KR), SK Hynix (KR), LG Electronics (KR), Hyundai Motor Company (KR), Kia Corporation (KR), POSCO (KR), Naver Corporation (KR), Kakao Corp (KR), CJ Corporation (KR)

    South Korea Antibody Drug Discovery Market Trends

    The South Korean Antibody Drug Discovery Market is expanding at a phenomenal pace due to new advances made in the field of biopharmaceuticals. The country is also investing heavily in biotechnology and dealing with a lack of innovative therapeutic methods. The government does a lot in terms of supporting local biotech firms by sponsoring research and development projects and providing grants to them, including some in collaboration with schools and universities.

    There is strong emphasis placed on the production of monoclonal antibodies which are useful in treating a number of different illnesses from cancer to autoimmune diseases. Possible avenues that can be work on include making use of the well-established information technology infrastructure in South Korea to the implementation of artificial intelligence and machine learning in the medical drug discovery framework.

    There are also prospects of using computational methods in speeding up the process of identifying as well as optimizing antibody candidates. Not to mention partnerships of local firms with international biopharma companies for exchange of ideas and materials to foster new development in the discovery and development processes. Some other trends from the South Korea Antibody Drug Discovery Market include increasing focus on tailoring medical care and the drugs used to fit the specific requirements of the individual patient.

    This strategy is becoming more important with the transformation of the healthcare industry and the international shift towards more personalized treatments. Additionally, the increase in chronic conditions shifts the focus toward new therapeutic solutions, which antibody therapeutics can provide. These trends and drivers, together with South Korea’s growing global biotechnology leadership, indicate a shift in the country’s antibody drug discovery industry that promotes robust innovation and amplifies competition.

    South Korea Antibody Drug Discovery Market Drivers

    Market Segment Insights

    Antibody Drug Discovery Market Type Insights

    The South Korea Antibody Drug Discovery Market is characterized by a diverse Type segment, which encompasses various forms of antibodies essential for therapeutic development. Monoclonal antibodies play a crucial role due to their specificity and ability to target specific antigens, making them a primary focus in many therapeutic applications. Their targeted action has made them integral in the treatment of cancers and autoimmune diseases.

    Polyclonal antibodies, while less specific, are advantageous in providing a broader response against pathogens, thus serving as valuable tools in both diagnostics and therapeutics. This versatility contributes to their enduring relevance in the antibody drug discovery landscape. Furthermore, Antibody-Drug Conjugates have gained significant traction in recent years, combining the targeting capabilities of monoclonal antibodies with potent cytotoxic agents, ultimately enhancing the efficacy of cancer treatments while minimizing side effects.

    Bispecific antibodies are also becoming increasingly important due to their ability to engage two different antigens simultaneously, allowing for innovative treatment strategies in complex conditions. The growing incidence of chronic diseases and an increasing investment in Research and Development by pharmaceutical companies are driving growth across these various types.

    This segment is significantly influenced by advancements in biotechnological techniques, leading to the development of more effective and novel therapeutic agents, while regulatory frameworks and collaboration with academic research institutions help to foster a nurturing environment for innovation. As the South Korean government prioritizes biotechnology within its economic strategies, the emphasis on antibody therapies aligns with national healthcare objectives, promoting the growth of the South Korea Antibody Drug Discovery Market segment, ultimately enhancing patient outcomes and advancing therapeutic potentials.

    The continuing evolution of this market provides opportunities for companies to leverage their capabilities and strategic partnerships, pushing forward the boundaries of antibody drug development to meet the growing healthcare demands of the region.

    Antibody Drug Discovery Market Technology Insights

    The Technology segment of the South Korea Antibody Drug Discovery Market plays a pivotal role in advancing therapeutic options. Recombinant DNA Technology is crucial, enabling the development of monoclonal antibodies, which are essential for targeted therapies. This method caters to the growing need for personalized medicine, addressing various diseases and conditions.

    Hybridoma Technology remains significant due to its reliability in generating monoclonal antibodies, while Phage Display Technology provides a platform for high-throughput screening of antibody libraries, fostering rapid advancements in drug discovery. Transgenic Technology contributes by producing animals that can produce human antibodies, which are vital for effective treatment solutions.

    Collectively, these technologies support a robust pipeline in the antibody drug discovery landscape, driven by increasing investment from governmental initiatives and the private sector in South Korea's biotechnology industry. The market growth in this region is further propelled by an expanding patient population and the rising prevalence of chronic diseases, positioning South Korea as a leader in innovative therapeutic development.

    Antibody Drug Discovery Market Application Insights

    The South Korea Antibody Drug Discovery Market is experiencing growth driven by its diverse applications across various sectors. The Application segment is critical, encompassing Therapeutic Applications, Diagnostic Applications, and Research Applications, each playing a pivotal role in advancing healthcare. Therapeutic Applications dominate the market as the demand for monoclonal antibodies increases, providing targeted treatments for diseases such as cancer and autoimmune conditions.

    Diagnostic Applications are equally significant, with antibody-based testing becoming instrumental in early disease detection and monitoring, especially in the context of infectious diseases and cancers. Research Applications serve as a foundation for innovation, enabling the exploration of new therapies and improving disease understanding through various research initiatives.

    The continuous advancement in biotechnology and increasing investment in Research and Development make this segment vital for the growth of the South Korea Antibody Drug Discovery Market. Furthermore, alignment with governmental policies favoring biotechnology advancements enhances opportunities within this sector, positioning South Korea as a competitive player in the global market, with a focus on improving patient outcomes and fostering innovation. Overall, the Application segment reflects the dynamic landscape of biomedical research and therapeutic development in South Korea.

    Antibody Drug Discovery Market End Use Insights

    The South Korea Antibody Drug Discovery Market showcases a diverse landscape driven primarily by various end-use sectors, namely Pharmaceutical Companies, Biotechnology Companies, and Research Institutions. Pharmaceutical companies are significantly engaged in utilizing antibody drugs to enhance therapeutic efficacy and improve patient outcomes, as the quest for targeted therapies grows in demand.

    This segment plays a crucial role in transforming innovative research into market-ready treatments, thus dominating the landscape. Biotechnology companies are also pivotal, focusing on the development of biologics and biosimilars, which are increasingly becoming integral to modern medicine. These companies leverage advances in antibody technology to bring forth novel therapeutics, often catering to unmet medical needs.

    Research Institutions contribute to this ecosystem by driving foundational studies and innovations. Their collaborations with industry players foster the development of cutting-edge methodologies in antibody drug discovery, accelerating the journey from bench to bedside. The interplay among these sectors highlights the South Korea Antibody Drug Discovery Market's adaptability and responsiveness to evolving healthcare demands, reflecting the nation's robust emphasis on biopharmaceutical advancements and healthcare innovation.

    Get more detailed insights about South Korea Antibody Drug Discovery Market Research Report — Global Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Antibody Drug Discovery Market has gained significant momentum due to advancements in biopharmaceutical research and development, driven by increasing investments in biotechnology and healthcare. This market is characterized by a dynamic environment where innovative companies are striving to develop novel antibody-based therapeutics for various diseases, including cancer and autoimmune disorders.

    The competitive landscape in this region is marked by the presence of both established firms and emerging players focusing on enhancing their antibody discovery capabilities through cutting-edge technologies. Factors such as strategic partnerships, collaborations, and mergers are also shaping the competitive dynamics, enabling companies to strengthen their market positions and expand their product offerings.

    Y Biologics has carved out a prominent position in the South Korean Antibody Drug Discovery Market, leveraging its expertise in developing tailored antibody therapeutics. The company's focus on innovative drug design and a robust pipeline has made it a key player in the antibody therapeutics space. Y Biologics thrives on its cutting-edge discovery platforms, which facilitate the efficient development of high-affinity antibodies.

    The company's strategic collaborations with academic and research institutions further bolster its research capabilities and allow for the translation of scientific discoveries into viable therapeutic solutions. The strength of Y Biologics lies in its specialized knowledge in antibody engineering, combined with a deep understanding of disease biology, enabling the company to address unmet medical needs within the South Korean market effectively.

    LG Chem, a powerhouse in South Korea's biopharmaceutical industry, plays a significant role in the Antibody Drug Discovery Market through its comprehensive R&D resources and expertise in biochemistry. The company is particularly known for its commitment to innovation, focusing on monoclonal antibodies and targeted therapies for specific diseases, including cancer and other severe health conditions.

    LG Chem has successfully integrated advanced bioprocessing technologies with its existing research capabilities, allowing for the streamlined development of high-quality antibody drugs. Moreover, its strategic mergers and acquisitions have expanded its portfolio, enhancing its research and production capabilities. The company’s prominent presence in the market is underscored by its extensive collaborations with research institutions and frontline clinical studies, which further demonstrate its commitment to advancing healthcare within the South Korean ecosystem.

    Key Companies in the South Korea Antibody Drug Discovery Market market include

    Industry Developments

    Recent developments in the South Korea Antibody Drug Discovery Market illustrate significant advancements and collaborations among key players. Y Biologics has accelerated its research timelines, focusing on innovative antibody therapies that target autoimmunity and cancer. LG Chem is advancing its pipeline with a strong emphasis on partnerships, notably in co-developing antibody-drug conjugates.

    Celltrion has made headlines with promising preliminary results from clinical trials of its bispecific antibody for the treatment of various cancers. KNC Therapeutics is pursuing unique approaches, building strong developmental ties in the local market. In terms of mergers and acquisitions, Samsung Biologics has strategically acquired a start-up to bolster its research capabilities, while Hanmi Pharmaceutical has entered a collaboration with a U.S.-based company to expand its global footprint in antibody discovery.

    Market growth has been notably driven by increased funding and government support for biopharmaceutical innovations, with the Ministry of Health and Welfare investing heavily in biotechnology initiatives. Key companies are witnessing elevated market valuations as the sector rapidly evolves, underscoring South Korea's commitment to becoming a leader in antibody drug innovation.

    Market Segmentation

    Antibody Drug Discovery Market Type Outlook

    • Monoclonal Antibodies
    • Polyclonal Antibodies
    • Antibody-Drug Conjugates
    • Bispecific Antibodies

    Antibody Drug Discovery Market End Use Outlook

    • Pharmaceutical Companies
    • Biotechnology Companies
    • Research Institutions

    Antibody Drug Discovery Market Technology Outlook

    • Recombinant DNA Technology
    • Hybridoma Technology
    • Phage Display Technology
    • Transgenic Technology

    Antibody Drug Discovery Market Application Outlook

    • Therapeutic Applications
    • Diagnostic Applications
    • Research Applications

    Report Scope

    Report Scope:,,,,,,,,,,,,,
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 0.93(USD Billion)
    MARKET SIZE 2024 1.96(USD Billion)
    MARKET SIZE 2035 4.05(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.82% (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 Billion
    KEY COMPANIES PROFILED Y Biologics, LG Chem, Celltrion, KNC Therapeutics, Agenus, OncoImmune, IMUNON, AbClon, Medytox, Samsung Biologics, Hugel, Genexine, SK Biopharmaceuticals, Hanmi Pharmaceutical, SillaJen
    SEGMENTS COVERED Type, Technology, Application, End Use
    KEY MARKET OPPORTUNITIES Increased investment in biotech startups, Growing demand for personalized medicine, Advancements in antibody engineering technologies, Expanding collaborations with research institutions, Rising prevalence of chronic diseases
    KEY MARKET DYNAMICS Rising prevalence of chronic diseases, Increasing investment in R&D, Advanced biomanufacturing capabilities, Government support and initiatives, Growing demand for personalized medicine
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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    FAQs

    What is the projected market size of the South Korea Antibody Drug Discovery Market for 2024?

    The South Korea Antibody Drug Discovery Market is expected to be valued at 1.96 USD Billion in 2024.

    What is the expected market value of the South Korea Antibody Drug Discovery Market by 2035?

    By 2035, the market is anticipated to reach a value of 4.05 USD Billion.

    What is the expected compound annual growth rate (CAGR) of the market from 2025 to 2035?

    The South Korea Antibody Drug Discovery Market is projected to grow at a CAGR of 6.82% from 2025 to 2035.

    Which type of antibody is expected to dominate the market by 2035?

    Monoclonal Antibodies are expected to dominate with a projected value of 1.6 USD Billion by 2035.

    What will be the market value for Antibody-Drug Conjugates in 2035?

    The market value for Antibody-Drug Conjugates is anticipated to reach 0.95 USD Billion in 2035.

    Who are some of the major players in the South Korea Antibody Drug Discovery Market?

    Key players include Y Biologics, LG Chem, Celltrion, KNC Therapeutics, and Samsung Biologics among others.

    What is the projected value of Polyclonal Antibodies in 2024?

    Polyclonal Antibodies are expected to be valued at 0.42 USD Billion in 2024.

    How much is the Bispecific Antibodies segment expected to grow by 2035?

    The Bispecific Antibodies segment is projected to grow to 0.62 USD Billion by 2035.

    What are the key growth drivers for the South Korea Antibody Drug Discovery Market?

    Key growth drivers include rising demand for therapeutic antibodies and advancements in biotechnology.

    How might current global scenarios impact the South Korea Antibody Drug Discovery Market?

    Current global scenarios may influence supply chains, investments, and research focus impacting market dynamics.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. South Korea Antibody Drug Discovery Market, BY Type (USD Billion)
    45. Monoclonal Antibodies
    46. Polyclonal Antibodies
    47. Antibody-Drug Conjugates
    48. Bispecific Antibodies
    49. South Korea Antibody Drug Discovery Market, BY Technology (USD Billion)
    50. Recombinant DNA Technology
    51. Hybridoma Technology
    52. Phage Display Technology
    53. Transgenic Technology
    54. South Korea Antibody Drug Discovery Market, BY Application (USD Billion)
    55. Therapeutic Applications
    56. Diagnostic Applications
    57. Research Applications
    58. South Korea Antibody Drug Discovery Market, BY End Use (USD Billion)
    59. Pharmaceutical Companies
    60. Biotechnology Companies
    61. Research Institutions
    62. Competitive Landscape
    63. Overview
    64. Competitive Analysis
    65. Market share Analysis
    66. Major Growth Strategy in the Antibody Drug Discovery Market
    67. Competitive Benchmarking
    68. Leading Players in Terms of Number of Developments in the Antibody Drug Discovery Market
    69. Key developments and growth strategies
    70. New Product Launch/Service Deployment
    71. Merger & Acquisitions
    72. Joint Ventures
    73. Major Players Financial Matrix
    74. Sales and Operating Income
    75. Major Players R&D Expenditure. 2023
    76. Company Profiles
    77. Y Biologics
    78. Financial Overview
    79. Products Offered
    80. Key Developments
    81. SWOT Analysis
    82. Key Strategies
    83. LG Chem
    84. Financial Overview
    85. Products Offered
    86. Key Developments
    87. SWOT Analysis
    88. Key Strategies
    89. Celltrion
    90. Financial Overview
    91. Products Offered
    92. Key Developments
    93. SWOT Analysis
    94. Key Strategies
    95. KNC Therapeutics
    96. Financial Overview
    97. Products Offered
    98. Key Developments
    99. SWOT Analysis
    100. Key Strategies
    101. Agenus
    102. Financial Overview
    103. Products Offered
    104. Key Developments
    105. SWOT Analysis
    106. Key Strategies
    107. OncoImmune
    108. Financial Overview
    109. Products Offered
    110. Key Developments
    111. SWOT Analysis
    112. Key Strategies
    113. IMUNON
    114. Financial Overview
    115. Products Offered
    116. Key Developments
    117. SWOT Analysis
    118. Key Strategies
    119. AbClon
    120. Financial Overview
    121. Products Offered
    122. Key Developments
    123. SWOT Analysis
    124. Key Strategies
    125. Medytox
    126. Financial Overview
    127. Products Offered
    128. Key Developments
    129. SWOT Analysis
    130. Key Strategies
    131. Samsung Biologics
    132. Financial Overview
    133. Products Offered
    134. Key Developments
    135. SWOT Analysis
    136. Key Strategies
    137. Hugel
    138. Financial Overview
    139. Products Offered
    140. Key Developments
    141. SWOT Analysis
    142. Key Strategies
    143. Genexine
    144. Financial Overview
    145. Products Offered
    146. Key Developments
    147. SWOT Analysis
    148. Key Strategies
    149. SK Biopharmaceuticals
    150. Financial Overview
    151. Products Offered
    152. Key Developments
    153. SWOT Analysis
    154. Key Strategies
    155. Hanmi Pharmaceutical
    156. Financial Overview
    157. Products Offered
    158. Key Developments
    159. SWOT Analysis
    160. Key Strategies
    161. SillaJen
    162. Financial Overview
    163. Products Offered
    164. Key Developments
    165. SWOT Analysis
    166. Key Strategies
    167. References
    168. Related Reports
    169. South Korea Antibody Drug Discovery Market SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    170. South Korea Antibody Drug Discovery Market SIZE ESTIMATES & FORECAST, BY TECHNOLOGY, 2019-2035 (USD Billions)
    171. South Korea Antibody Drug Discovery Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    172. South Korea Antibody Drug Discovery Market SIZE ESTIMATES & FORECAST, BY END USE, 2019-2035 (USD Billions)
    173. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    174. ACQUISITION/PARTNERSHIP
    175. MARKET SYNOPSIS
    176. SOUTH KOREA ANTIBODY DRUG DISCOVERY MARKET ANALYSIS BY TYPE
    177. SOUTH KOREA ANTIBODY DRUG DISCOVERY MARKET ANALYSIS BY TECHNOLOGY
    178. SOUTH KOREA ANTIBODY DRUG DISCOVERY MARKET ANALYSIS BY APPLICATION
    179. SOUTH KOREA ANTIBODY DRUG DISCOVERY MARKET ANALYSIS BY END USE
    180. KEY BUYING CRITERIA OF ANTIBODY DRUG DISCOVERY MARKET
    181. RESEARCH PROCESS OF MRFR
    182. DRO ANALYSIS OF ANTIBODY DRUG DISCOVERY MARKET
    183. DRIVERS IMPACT ANALYSIS: ANTIBODY DRUG DISCOVERY MARKET
    184. RESTRAINTS IMPACT ANALYSIS: ANTIBODY DRUG DISCOVERY MARKET
    185. SUPPLY / VALUE CHAIN: ANTIBODY DRUG DISCOVERY MARKET
    186. ANTIBODY DRUG DISCOVERY MARKET, BY TYPE, 2025 (% SHARE)
    187. ANTIBODY DRUG DISCOVERY MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    188. ANTIBODY DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2025 (% SHARE)
    189. ANTIBODY DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2019 TO 2035 (USD Billions)
    190. ANTIBODY DRUG DISCOVERY MARKET, BY APPLICATION, 2025 (% SHARE)
    191. ANTIBODY DRUG DISCOVERY MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    192. ANTIBODY DRUG DISCOVERY MARKET, BY END USE, 2025 (% SHARE)
    193. ANTIBODY DRUG DISCOVERY MARKET, BY END USE, 2019 TO 2035 (USD Billions)
    194. BENCHMARKING OF MAJOR COMPETITORS

    South Korea Antibody Drug Discovery Market Segmentation

     

     

     

    • Antibody Drug Discovery Market By Type (USD Billion, 2019-2035)

      • Monoclonal Antibodies
      • Polyclonal Antibodies
      • Antibody-Drug Conjugates
      • Bispecific Antibodies

     

    • Antibody Drug Discovery Market By Technology (USD Billion, 2019-2035)

      • Recombinant DNA Technology
      • Hybridoma Technology
      • Phage Display Technology
      • Transgenic Technology

     

    • Antibody Drug Discovery Market By Application (USD Billion, 2019-2035)

      • Therapeutic Applications
      • Diagnostic Applications
      • Research Applications

     

    • Antibody Drug Discovery Market By End Use (USD Billion, 2019-2035)

      • Pharmaceutical Companies
      • Biotechnology Companies
      • Research Institutions

     

     

     

     

     

     

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