South Korea Insufflation Devices Market Size & Outlook
South Korea insufflation devices market, 2016-2028 (US$M)
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South Korea insufflation devices market highlights
- The South Korea insufflation devices market generated a revenue of USD 38.6 million in 2021 and is expected to reach USD 61.7 million by 2028.
- The South Korea market is expected to grow at a CAGR of 6.9% from 2022 to 2028.
- In terms of segment, laparoscopic surgery was the largest revenue generating application in 2021.
- Other surgeries is the most lucrative application segment registering the fastest growth during the forecast period.
Insufflation devices market data book summary
| Market revenue in 2021 | USD 38.6 million |
| Market revenue in 2028 | USD 61.7 million |
| Growth rate | 6.9% (CAGR from 2021 to 2028) |
| Largest segment | Laparoscopic surgery |
| Fastest growing segment | Other surgeries |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laparoscopic surgery, Bariatric surgery, Cardiac surgery, Other surgeries |
| Key market players worldwide | FUJIFILM Holdings Corp, Medtronic PLC, Stryker Corp, BD, Olympus Corp, B. Braun, Smith & Nephew PLC, Steris PLC, Conmed Corp, Karl Storz, Richard Wolf |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.6% of the global insufflation devices market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China insufflation devices market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 118.7 million by 2028.
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Insufflation Devices Market Scope
Insufflation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea insufflation 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 insufflation devices market will help companies and investors design strategic landscapes.
Laparoscopic surgery was the largest segment with a revenue share of 37.05% in 2021. Horizon Databook has segmented the South Korea insufflation devices market based on laparoscopic surgery, bariatric surgery, cardiac surgery, other surgeries covering the revenue growth of each sub-segment from 2016 to 2028.
- South Korea Insufflation Devices Application Outlook (Revenue, USD Million, 2016-2028)
- Laparoscopic surgery
- Bariatric surgery
- Cardiac surgery
- Other surgeries
- South Korea Insufflation Devices End Use Outlook (Revenue, USD Million, 2016-2028)
- Hospitals
- Clinic
- Ambulatory Surgical Centers
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea insufflation devices market , including forecasts for subscribers. This country databook contains high-level insights into South Korea insufflation devices market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Korea insufflation devices market size, by application, 2016-2028 (US$M)
South Korea Insufflation Devices Market Outlook Share, 2021 & 2028 (US$M)
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