Industry Overview
Market size
- 12th biggest country in the global pharma market
<Market size of Korea pharmaceutical industry>
Source : MFDS
Export and Import
<Korea Pharma exports and imports>
Source : MFDS
Technology Transfer
| Year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Value (Number of cases) |
$7.1bn (14) |
$7.9bn (15) |
$11bn (34) |
$4.8bn (16) |
$5.9bn (20) |
Source : KPBMA
Industrial R&D Investment
<R&D Expenses-Revenue Ratio (2022)>
Source : MOHW, Bank of Korea, Financial Supervisory Service
New drugs development Pipeline
<Number of Pipelines>
Source : KPBMA
<Pipelines by new drug type>
Source : KPBMA
For more details about the pipeline, please visit our K-SPACE Platform(Click here)