South Korea Co2 Medical Laser Systems Market Size & Outlook
South Korea co2 medical laser systems market, 2018-2030 (US$M)
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South Korea co2 medical laser systems market highlights
- The South Korea co2 medical laser systems market generated a revenue of USD 18.5 million in 2023 and is expected to reach USD 45.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, dermatology was the largest revenue generating application in 2023.
- Dermatology is the most lucrative application segment registering the fastest growth during the forecast period.
Co2 medical laser systems market data book summary
| Market revenue in 2023 | USD 18.5 million |
| Market revenue in 2030 | USD 45.1 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Dermatology |
| Fastest growing segment | Dermatology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dermatology, Ophthalmology, Gynecology, Urology, Dentistry, Cardiovascular, Veterinary, ENT, Other Applications |
| Key market players worldwide | Lumenis, Alma Lasers Ltd, International Distributions Services PLC, Cynosure, Cutera Inc, LightScalpel, Limmer Laser, BISON Medical, cutting edge laser machining inc, Candela Medical, Surgical Laser Technologies, Lutronic Aesthetics, Aakaar Medical Technologies, Lynton Lasers |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.4% of the global co2 medical laser systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan co2 medical laser systems 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 45.1 million by 2030.
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CO2 Medical Laser Systems Market Scope
CO2 Medical Laser Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea co2 medical laser systems 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 co2 medical laser systems market will help companies and investors design strategic landscapes.
Dermatology was the largest segment with a revenue share of 22.16% in 2024. Horizon Databook has segmented the South Korea co2 medical laser systems market based on dermatology, ophthalmology, gynecology, urology, dentistry, cardiovascular, veterinary, ent, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Owing to growing healthcare costs, the CO2 medical laser system market in South Korea is expected to grow at a moderate pace over the forecast period. In South Korea, pricing regulations and reimbursement coverage for medical devices have undergone significant changes during the past 10 years.
In addition, the regulations have made some minor advancements (such as the adoption of the Value Appraisal System and Revaluation System), but still much is needed for improvement. Furthermore, according to the International Society of Aesthetic Plastic Surgery, in 2021, there were approximately 2,600 plastic surgeons, which is 5.9% of the total number of surgeons in South Korea.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea co2 medical laser systems market , including forecasts for subscribers. This country databook contains high-level insights into South Korea co2 medical laser systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea co2 medical laser systems market size, by application, 2018-2030 (US$M)
South Korea CO2 Medical Laser Systems Market Outlook Share, 2024 & 2030 (US$M)
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