South Korea Bed Head Panel Market Size & Outlook
South Korea bed head panel market, 2018-2030 (US$M)
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South Korea bed head panel market highlights
- The South Korea bed head panel market generated a revenue of USD 62.7 million in 2023 and is expected to reach USD 78.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Other End Use is the most lucrative end use segment registering the fastest growth during the forecast period.
Bed head panel market data book summary
| Market revenue in 2023 | USD 62.7 million |
| Market revenue in 2030 | USD 78.8 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Other End Use |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Clinics, Other End Use |
| Key market players worldwide | Baxter International Inc, Draegerwerk AG & Co KGaA, InMed Pharmaceuticals Inc, Precision UK, Novair Medical, Amcaremed Technology Co., Amico Group of Companies, Biolume, BeaconMedaes, Silbermann |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.1% of the global bed head panel market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bed head panel market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 261.1 million by 2030.
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Bed Head Panel Market Scope
Bed Head Panel Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea bed head panel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bed head panel market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 47.53% in 2023. Horizon Databook has segmented the South Korea bed head panel market based on hospitals, clinics, other end use covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is expected to develop considerably over the forecast period, owing to rising healthcare costs, the bed head panel market. For example, according to OECD Health Statistics 2019, healthcare spending in South Korea accounted for 8.1% of total GDP in 2018, up from 7.6% in 2017.
This may attract new and important companies to enter the market, resulting in market expansion. Low acceptance of technologically advanced items and a scarcity of experienced personnel in the country, on the other hand, may limit market growth in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea bed head panel market , including forecasts for subscribers. This country databook contains high-level insights into South Korea bed head panel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea bed head panel market size, by end use, 2018-2030 (US$M)
South Korea Bed Head Panel Market Outlook Share, 2023 & 2030 (US$M)
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