South Korea High Pressure Contrast Media Injectors Market Size & Outlook
South Korea high pressure contrast media injectors market, 2018-2028 (US$M)
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South Korea high pressure contrast media injectors market highlights
- The South Korea high pressure contrast media injectors market generated a revenue of USD 4.6 million in 2021 and is expected to reach USD 10.6 million by 2028.
- The South Korea market is expected to grow at a CAGR of 12.7% from 2022 to 2028.
- In terms of segment, consumables was the largest revenue generating product in 2021.
- Injector systems is the most lucrative product segment registering the fastest growth during the forecast period.
High pressure contrast media injectors market data book summary
| Market revenue in 2021 | USD 4.6 million |
| Market revenue in 2028 | USD 10.6 million |
| Growth rate | 12.7% (CAGR from 2021 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Injector systems |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Injector systems, Consumables |
| Key market players worldwide | Medartis Holding AG Ordinary Shares, Bayer AG, GE HealthCare Technologies Inc Common Stock, Apollo Global Management Inc Class A, Bracco, Guerbet, Ulrich Medical USA, Sino MDT, VIVID IMAGING |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.8% of the global high pressure contrast media injectors market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan high pressure contrast media injectors market is projected to lead the regional market in terms of revenue in 2028.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 24.7 million by 2028.
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High Pressure Contrast Media Injectors Market Scope
High Pressure Contrast Media Injectors Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea high pressure contrast media injectors 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 high pressure contrast media injectors market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 60.87% in 2021. Horizon Databook has segmented the South Korea high pressure contrast media injectors market based on injector systems, consumables covering the revenue growth of each sub-segment from 2018 to 2028.
Increasing geriatric population and growing incidence of chronic diseases in South Korea are expected to be major market drivers. As per World Bank, the geriatric population in South Korea accounted for around 13.43% in 2016, whereas in 2017, it accounted for around 13.91%.
Furthermore, increasing healthcare expenditure and favorable government policies for approval of products have encouraged several major players to enter this market. Therefore, South Korea’s market is expected to witness considerable growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea high pressure contrast media injectors market , including forecasts for subscribers. This country databook contains high-level insights into South Korea high pressure contrast media injectors market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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South Korea high pressure contrast media injectors market size, by product, 2018-2028 (US$M)
South Korea High Pressure Contrast Media Injectors Market Outlook Share, 2021 & 2028 (US$M)
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