South Korea Hemodialysis And Peritoneal Dialysis Market Size & Outlook
South Korea hemodialysis and peritoneal dialysis market, 2018-2030 (US$M)
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South Korea hemodialysis and peritoneal dialysis market highlights
- The South Korea hemodialysis and peritoneal dialysis market generated a revenue of USD 1,251.4 million in 2023 and is expected to reach USD 2,291.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, hemodialysis was the largest revenue generating type in 2023.
- Hemodialysis is the most lucrative type segment registering the fastest growth during the forecast period.
Hemodialysis and peritoneal dialysis market data book summary
| Market revenue in 2023 | USD 1,251.4 million |
| Market revenue in 2030 | USD 2,291.8 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Hemodialysis |
| Fastest growing segment | Hemodialysis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hemodialysis, Peritoneal dialysis |
| Key market players worldwide | Baxter International Inc, B. Braun, Fresenius SE & Co KGaA, Medtronic PLC, Asahi Kasei Corp, Nipro Corp, DaVita Inc, Becton Dickinson & Co, Nikkiso Co Ltd, Cantel Medical |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.2% of the global hemodialysis and peritoneal dialysis market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hemodialysis and peritoneal dialysis 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 8,951.9 million by 2030.
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Hemodialysis And Peritoneal Dialysis Market Scope
Hemodialysis And Peritoneal Dialysis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea hemodialysis and peritoneal dialysis 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 hemodialysis and peritoneal dialysis market will help companies and investors design strategic landscapes.
Hemodialysis was the largest segment with a revenue share of 79.61% in 2023. Horizon Databook has segmented the South Korea hemodialysis and peritoneal dialysis market based on hemodialysis, peritoneal dialysis covering the revenue growth of each sub-segment from 2018 to 2030.
As per the OECD, around 4% of the population in South Korea is suffering from obesity and approximately 3% is overweight. It is also estimated that the overweight population will increase by 5% in the next 10 years.
According to the IDF, 9.2% of the adult population in Korea is living with diabetes, which is approximately 3,689,400. Thus, unhealthy lifestyle and rising prevalence of diseases, such as obesity, hypertension, & diabetes, are expected to drive the market over the forecast period.
The Ministry of Food and Drug Safety (MFDS) regulates medical devices in South Korea. Medical device manufacturers must adhere to regulations set by South Korea’s MFDS, which includes submission of documents for approval and certification of devices.
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Target buyers of South Korea hemodialysis and peritoneal dialysis market databook
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Our clientele includes a mix of hemodialysis and peritoneal dialysis 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 hemodialysis and peritoneal dialysis market , including forecasts for subscribers. This country databook contains high-level insights into South Korea hemodialysis and peritoneal dialysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea hemodialysis and peritoneal dialysis market size, by type, 2018-2030 (US$M)
South Korea Hemodialysis And Peritoneal Dialysis Market Outlook Share, 2023 & 2030 (US$M)
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