South Korea Hospital Services Market Size & Outlook
The hospital services market in South Korea is expected to reach a projected revenue of US$ 108,310.9 million by 2030. A compound annual growth rate of 7.1% is expected of South Korea hospital services market from 2025 to 2030.
Revenue, 2024 (US$M)
$71,842.7
Forecast, 2030 (US$M)
$108,310.9
CAGR, 2025 - 2030
7.1%
Report Coverage
South Korea
South Korea hospital services market, 2018-2030 (US$M)
Related Markets
South Korea hospital services market highlights
- The South Korea hospital services market generated a revenue of USD 71,842.7 million in 2024 and is expected to reach USD 108,310.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.1% from 2025 to 2030.
- In terms of segment, inpatient services was the largest revenue generating type in 2024.
- Outpatient Services is the most lucrative type segment registering the fastest growth during the forecast period.
Hospital services market data book summary
| Market revenue in 2024 | USD 71,842.7 million |
| Market revenue in 2030 | USD 108,310.9 million |
| Growth rate | 7.1% (CAGR from 2024 to 2030) |
| Largest segment | Inpatient services |
| Fastest growing segment | Outpatient Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inpatient Services, Outpatient Services, Ancillary Services |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.6% of the global hospital services market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hospital services market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 131,304.9 million by 2030.
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Hospital Services Market Scope
Hospital services market segmentation & scope
Hospital Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea hospital services market size, by type, 2018-2030 (US$M)
South Korea Hospital Services Market Outlook Share, 2024 & 2030 (US$M)
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