South Korea Endoscopic Ultrasound Market Size & Outlook
South Korea endoscopic ultrasound market, 2018-2030 (US$M)
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South Korea endoscopic ultrasound market highlights
- The South Korea endoscopic ultrasound market generated a revenue of USD 17.7 million in 2023 and is expected to reach USD 25.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, endoscope was the largest revenue generating product in 2023.
- Needle is the most lucrative product segment registering the fastest growth during the forecast period.
Endoscopic ultrasound market data book summary
| Market revenue in 2023 | USD 17.7 million |
| Market revenue in 2030 | USD 25.3 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Endoscope |
| Fastest growing segment | Needle |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Endoscope, Ultrasound Probe, Needle, Accessories, Ultrasonic Processors |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Conmed Corp, Olympus Corp, Steris PLC, Hoya Corp, FUJIFILM Holdings Corp, Cook Medical, Sonoscape Medical |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.2% of the global endoscopic ultrasound market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China endoscopic ultrasound market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 121.0 million by 2030.
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Endoscopic Ultrasound Market Scope
Endoscopic Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea endoscopic ultrasound 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 endoscopic ultrasound market will help companies and investors design strategic landscapes.
Endoscope was the largest segment with a revenue share of 33.33% in 2023. Horizon Databook has segmented the South Korea endoscopic ultrasound market based on endoscope, ultrasound probe, needle, accessories, ultrasonic processors covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea endoscopic ultrasound market databook
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Our clientele includes a mix of endoscopic ultrasound 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 endoscopic ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into South Korea endoscopic ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea endoscopic ultrasound market size, by product, 2018-2030 (US$M)
South Korea Endoscopic Ultrasound Market Outlook Share, 2023 & 2030 (US$M)
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