In vitro diagnostic (IVD) market booms as South Koreans favour self-diagnosis
This article was originally published in Clinica
Executive Summary
South Korea's in vitro diagnostic test market is undergoing rapid expansion as the popularity of self-diagnosis grows. Local companies are increasingly focusing on R&D in diagnostics rather than pharmaceuticals, since the cost of developing a new test is far lower than that of a new drug, according to Pharma Koreana.