South Korea Hba1c Testing Devices Market Size & Outlook

The hba1c testing devices market in South Korea is expected to reach a projected revenue of US$ 31.2 million by 2030. A compound annual growth rate of 8.6% is expected of South Korea hba1c testing devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$17.6
Forecast, 2030 (US$M)
$31.2
CAGR, 2024 - 2030
8.5%
Report Coverage
South Korea

South Korea hba1c testing devices market, 2018-2030 (US$M)

South

South Korea hba1c testing devices market highlights

  • The South Korea hba1c testing devices market generated a revenue of USD 17.6 million in 2023 and is expected to reach USD 31.2 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
  • In terms of segment, point-of-care (poc) testing devices was the largest revenue generating type in 2023.
  • Point-of-care (POC) Testing Devices is the most lucrative type segment registering the fastest growth during the forecast period.


Hba1c testing devices market data book summary

Market revenue in 2023USD 17.6 million
Market revenue in 2030USD 31.2 million
Growth rate8.6% (CAGR from 2023 to 2030)
Largest segmentPoint-of-care (poc) testing devices
Fastest growing segmentPoint-of-care (POC) Testing Devices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPoint-of-care (POC) Testing Devices, Laboratory-based Testing Devices
Key market players worldwideBio-Rad Laboratories Inc, Abbott Laboratories, Roche, Siemens Healthineers AG ADR, Trinity Biotech PLC ADR, Menarini Group, Sekisui Chemical Co Ltd


Other key industry trends

  • In terms of revenue, South Korea accounted for 0.9% of the global hba1c testing devices market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China hba1c testing devices market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 96.0 million by 2030.

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HbA1c Testing Devices Market Companies

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South Korea hba1c testing devices 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 hba1c testing devices market will help companies and investors design strategic landscapes.


Point-of-care (poc) testing devices was the largest segment with a revenue share of 76.14% in 2023. Horizon Databook has segmented the South Korea hba1c testing devices market based on point-of-care (poc) testing devices, laboratory-based testing devices covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea hba1c testing devices market, including forecasts for subscribers. This country databook contains high-level insights into South Korea hba1c testing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea hba1c testing devices market size, by type, 2018-2030 (US$M)

South Korea HbA1c Testing Devices Market Share, 2023 & 2030 (US$M)

South Korea hba1c testing devices market size, by type, 2018-2030 (US$M)

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