South Korea Dme Market Size & Outlook, 2023-2030
South Korea dme market, 2018-2030 (US$M)
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South Korea dme market highlights
- The South Korea dme market generated a revenue of USD 5,724.1 million in 2023 and is expected to reach USD 9,334.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, monitoring and therapeutic devices was the largest revenue generating product in 2023.
- Bathroom Safety Devices and Medical Furniture is the most lucrative product segment registering the fastest growth during the forecast period.
Dme market data book summary
| Market revenue in 2023 | USD 5,724.1 million |
| Market revenue in 2030 | USD 9,334.9 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Monitoring and therapeutic devices |
| Fastest growing segment | Bathroom Safety Devices and Medical Furniture |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.6% of the global dme market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan dme 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 17,527.0 million by 2030.
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DME Market Scope
DME Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea dme 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 dme market will help companies and investors design strategic landscapes.
Monitoring and therapeutic devices was the largest segment with a revenue share of 89.35% in 2023. Horizon Databook has segmented the South Korea dme market based on personal mobility devices, bathroom safety devices and medical furniture, monitoring and therapeutic devices covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea dme market databook
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Our clientele includes a mix of dme market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea dme market , including forecasts for subscribers. This country databook contains high-level insights into South Korea dme market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea dme market size, by product, 2018-2030 (US$M)
South Korea DME Market Outlook Share, 2023 & 2030 (US$M)
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