South Korea Anesthesia & Respiratory Devices Market Size & Outlook
The anesthesia & respiratory devices market in South Korea is expected to reach a projected revenue of US$ 1,547.9 million by 2030. A compound annual growth rate of 8.6% is expected of South Korea anesthesia & respiratory devices market from 2023 to 2030.
Revenue, 2022 (US$M)
$800.7
Forecast, 2030 (US$M)
$1,547.9
CAGR, 2023 - 2030
8.6%
Report Coverage
South Korea
South Korea anesthesia & respiratory devices market, 2018-2030 (US$M)
Related Markets
South Korea anesthesia & respiratory devices market highlights
- The South Korea anesthesia & respiratory devices market generated a revenue of USD 800.7 million in 2022 and is expected to reach USD 1,547.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.6% from 2023 to 2030.
- In terms of segment, respiratory devices was the largest revenue generating product in 2022.
- Respiratory devices is the most lucrative product segment registering the fastest growth during the forecast period.
Anesthesia & respiratory devices market data book summary
| Market revenue in 2022 | USD 800.7 million |
| Market revenue in 2030 | USD 1,547.9 million |
| Growth rate | 8.6% (CAGR from 2022 to 2030) |
| Largest segment | Respiratory devices |
| Fastest growing segment | Respiratory devices |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Respiratory devices, Anesthesia devices |
| Key market players worldwide | Portland General Electric Co, Medtronic PLC, Teleflex Inc, Koninklijke Philips NV, Draegerwerk AG & Co KGaA, Getinge AB ADR, Smiths Group PLC, Fisher & Paykel Healthcare Corp Ltd, Masimo Corp, B. Braun, ResMed Inc, shenzhen mindray automation equipment co. |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global anesthesia & respiratory devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan anesthesia & respiratory devices market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,547.9 million by 2030.
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Anesthesia & Respiratory Devices Market Scope
Anesthesia & respiratory devices market segmentation & scope
Anesthesia & Respiratory Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea anesthesia and respiratory devices market size, by product, 2018-2030 (US$M)
South Korea Anesthesia & Respiratory Devices Market Outlook Share, 2022 & 2030 (US$M)
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