South Korea Drug Device Combination Products Market Size & Outlook

The drug device combination products market in South Korea is expected to reach a projected revenue of US$ 9,506.0 million by 2030. A compound annual growth rate of 10.5% is expected of South Korea drug device combination products market from 2024 to 2030.

Revenue, 2023 (US$M)
$4,734.4
Forecast, 2030 (US$M)
$9,506.0
CAGR, 2024 - 2030
10.5%
Report Coverage
South Korea

South Korea drug device combination products market, 2018-2030 (US$M)

South

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South Korea drug device combination products market highlights

  • The South Korea drug device combination products market generated a revenue of USD 4,734.4 million in 2023 and is expected to reach USD 9,506.0 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
  • In terms of segment, transdermal patches was the largest revenue generating product in 2023.
  • Photodynamic Therapy Devices is the most lucrative product segment registering the fastest growth during the forecast period.

Drug device combination products market data book summary

Market revenue in 2023USD 4,734.4 million
Market revenue in 2030USD 9,506.0 million
Growth rate10.5% (CAGR from 2023 to 2030)
Largest segmentTransdermal patches
Fastest growing segmentPhotodynamic Therapy Devices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhotodynamic Therapy Devices, Transdermal Patches, Wound Care Products, Infusion Pumps, Orthopedic Combination Products, Drug Eluting Stents, Inhalers, Antimicrobial Catheters
Key market players worldwideAbbott Laboratories, Terumo Corp, Stryker Corp, Viatris Inc, Medtronic PLC, Boston Scientific Corp, Novartis AG ADR, Becton Dickinson & Co, Teleflex Inc, W L Gore & Associates

Other key industry trends

  • In terms of revenue, South Korea accounted for 3.4% of the global drug device combination products market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China drug device combination products 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 16,994.4 million by 2030.

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Drug Device Combination Products Market Scope

Drug device combination products market segmentation & scope
Photodynamic Therapy Devices
Transdermal Patches
Wound Care Products
Others
Volumetric
Disposables
Syringes
Ambulatory
Implantable
Insulin
Bone Graft Implants
Antibiotic Bone Cement
Coronary Stents
Peripheral Vascular Stents
Dry Powder
Nebulizers
Metered Dose
Urological
Cardiovascular
Others

Drug Device Combination Products Market Companies

Name Profile # Employees HQ Website

South Korea drug device combination products 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 drug device combination products market will help companies and investors design strategic landscapes.


Transdermal patches was the largest segment with a revenue share of 23.1% in 2023. Horizon Databook has segmented the South Korea drug device combination products market based on photodynamic therapy devices, transdermal patches, wound care products, infusion pumps, orthopedic combination products, drug eluting stents, inhalers, antimicrobial catheters covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Drug Device Combination Products Product Outlook (Revenue, USD Million, 2018-2030)
    • Photodynamic Therapy Devices
    • Transdermal Patches
    • Wound Care Products
    • Others
    • Infusion Pumps
      • Volumetric
      • Disposables
      • Syringes
      • Ambulatory
      • Implantable
      • Insulin
    • Orthopedic Combination Products
      • Bone Graft Implants
      • Antibiotic Bone Cement
    • Drug Eluting Stents
      • Coronary Stents
      • Peripheral Vascular Stents
    • Inhalers
      • Dry Powder
      • Nebulizers
      • Metered Dose
    • Antimicrobial Catheters
      • Urological
      • Cardiovascular
      • Others

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Target buyers of South Korea drug device combination products market databook

  • Our clientele includes a mix of drug device combination products market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea drug device combination products market , including forecasts for subscribers. This country databook contains high-level insights into South Korea drug device combination products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea drug device combination products market size, by product, 2018-2030 (US$M)

South Korea Drug Device Combination Products Market Outlook Share, 2023 & 2030 (US$M)

South Korea drug device combination products market size, by product, 2018-2030 (US$M)

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