South Korea Bionic Ear Market Size & Outlook, 2023-2030

The bionic ear market in South Korea is expected to reach a projected revenue of US$ 53.1 million by 2030. A compound annual growth rate of 7.8% is expected of South Korea bionic ear market from 2024 to 2030.
Revenue, 2023 (US$M)
$31.4
Forecast, 2030 (US$M)
$53.1
CAGR, 2024 - 2030
7.8%
Report Coverage
South Korea

South Korea bionic ear market highlights

  • The South Korea bionic ear market generated a revenue of USD 31.4 million in 2023 and is expected to reach USD 53.1 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
  • In terms of segment, cochlear implants was the largest revenue generating type in 2023.
  • BAHA/BAHS is the most lucrative type segment registering the fastest growth during the forecast period.


Bionic ear market data book summary

Market revenue in 2023USD 31.4 million
Market revenue in 2030USD 53.1 million
Growth rate7.8% (CAGR from 2023 to 2030)
Largest segmentCochlear implants
Fastest growing segmentBAHA/BAHS
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCochlear Implants, BAHA/BAHS, Auditory Brainstem Implants
Key market players worldwideCochlear Ltd, Sonova Holding AG, Demant A/S, MED-EL, Gaes, Amplifon SpA Az nom Post Frazionamento


Other key industry trends

  • In terms of revenue, South Korea accounted for 1.4% of the global bionic ear market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan bionic ear 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 223.2 million by 2030.

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Bionic Ear Market Companies

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South Korea bionic ear 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 bionic ear market will help companies and investors design strategic landscapes.


Cochlear implants was the largest segment with a revenue share of 73.89% in 2023. Horizon Databook has segmented the South Korea bionic ear market based on cochlear implants, baha/bahs, auditory brainstem implants covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of bionic ear market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea bionic ear market , including forecasts for subscribers. This country databook contains high-level insights into South Korea bionic ear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea bionic ear market size, by type, 2018-2030 (US$M)

South Korea Bionic Ear Market Outlook Share, 2023 & 2030 (US$M)

South Korea bionic ear market size, by type, 2018-2030 (US$M)

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