South Korea Medical Image Analysis Software Market Size & Outlook
South Korea medical image analysis software market, 2018-2030 (US$M)
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South Korea medical image analysis software market highlights
- The South Korea medical image analysis software market generated a revenue of USD 66.8 million in 2023 and is expected to reach USD 120.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, integrated was the largest revenue generating type in 2023.
- Stand Alone is the most lucrative type segment registering the fastest growth during the forecast period.
Medical image analysis software market data book summary
| Market revenue in 2023 | USD 66.8 million |
| Market revenue in 2030 | USD 120.5 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Integrated |
| Fastest growing segment | Stand Alone |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Integrated, Stand Alone |
| Key market players worldwide | Koninklijke Philips NV, Agfa-Gevaert NV, Canon Inc, GE HealthCare Technologies Inc Common Stock, Bruker Corp, Siemens Healthineers AG ADR, Esaote, Neusoft Medical Systems |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.0% of the global medical image analysis software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical image analysis software 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 223.9 million by 2030.
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Medical Image Analysis Software Market Scope
Medical Image Analysis Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea medical image analysis software 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 medical image analysis software market will help companies and investors design strategic landscapes.
Integrated was the largest segment with a revenue share of 54.19% in 2023. Horizon Databook has segmented the South Korea medical image analysis software market based on integrated, stand alone covering the revenue growth of each sub-segment from 2018 to 2030.
In contrast to developing countries of Asia Pacific, the South Korean market is comparatively mature; however, mainly due to the high adoption rate of new technologies, the South Korean market is poised to register robust development.
Korean hospitals are undertaking various approaches to make and implement artificial medical intelligence technology in medical institutions. For instance, in January 2018, Samsung Medical Center and Lunit have created a supporting AI-based diagnostic system.
This would help in understanding the optimized clinician decision-making, growing disease prediction models, and analyzing images. This would help hospitals in making efficient and accurate clinical decisions.
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Target buyers of South Korea medical image analysis software market databook
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Our clientele includes a mix of medical image analysis software 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea medical image analysis software market , including forecasts for subscribers. This country databook contains high-level insights into South Korea medical image analysis software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea medical image analysis software market size, by type, 2018-2030 (US$M)
South Korea Medical Image Analysis Software Market Outlook Share, 2023 & 2030 (US$M)
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