Forecast: Total Number of Scientific Publications in Drug Discovery in South Korea

The total number of scientific publications in drug discovery in South Korea experienced fluctuating trends from 2013 to 2023. In 2023, the number of publications stood at 326.16 units. The year-on-year variation indicated significant shifts, with notable increases in 2015 and 2019, offset by decreases in 2016 and 2020. The 5-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 averaged at 1.85%, suggesting moderate growth over this period.

Looking forward to the forecasted period from 2024 to 2028, the number of publications is expected to rise steadily, albeit at a slower pace. The forecasted 5-year CAGR is modest at 0.18%, projecting the total number of publications to reach 330.39 by 2028.

Future trends to watch for include the impact of emerging technologies such as artificial intelligence and machine learning on drug discovery, as well as the potential increase in collaborative research efforts internationally, which could influence publication rates and innovative outputs in the sector.

Top Countries about Clinical Trial