South Korea Multiparameter Patient Monitoring Systems Market Size & Outlook
South Korea multiparameter patient monitoring systems market, 2018-2030 (US$M)
Related Markets
South Korea multiparameter patient monitoring systems market highlights
- The South Korea multiparameter patient monitoring systems market generated a revenue of USD 603.1 million in 2023 and is expected to reach USD 978.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, portable was the largest revenue generating product in 2023.
- Portable is the most lucrative product segment registering the fastest growth during the forecast period.
Multiparameter patient monitoring systems market data book summary
| Market revenue in 2023 | USD 603.1 million |
| Market revenue in 2030 | USD 978.3 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Portable |
| Fastest growing segment | Portable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable, Fixed |
| Key market players worldwide | Spacelabs Healthcare, Koninklijke Philips NV, ICU Medical Inc, GE HealthCare Technologies Inc Common Stock, Draegerwerk AG & Co KGaA, Medtronic PLC, Masimo Corp, SCHILLER, shenzhen mindray automation equipment co., SternMed, Skanray Technologies |
Other key industry trends
- In terms of revenue, South Korea accounted for 4.9% of the global multiparameter patient monitoring systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, South Korea multiparameter patient monitoring systems 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 372.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Multiparameter Patient Monitoring Systems Market Scope
Multiparameter Patient Monitoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea multiparameter patient monitoring systems 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 multiparameter patient monitoring systems market will help companies and investors design strategic landscapes.
Portable was the largest segment with a revenue share of 66.36% in 2023. Horizon Databook has segmented the South Korea multiparameter patient monitoring systems market based on portable, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
South Korean government initiated a pilot project related to digitalization of national health system, which comprises consolidation of hospital data into a single patient repository, thereby boosting the market growth.
However, stringent regulations are anticipated to limit mass penetration of digital technologies. In addition, the growing elderly population is expected to contribute to the expansion of the market. For example, according to the United Nations Population Fund's statistics for 2022.
Reasons to subscribe to South Korea multiparameter patient monitoring systems market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea multiparameter patient monitoring systems market databook
-
Our clientele includes a mix of multiparameter patient monitoring systems market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 multiparameter patient monitoring systems market , including forecasts for subscribers. This country databook contains high-level insights into South Korea multiparameter patient monitoring systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea multiparameter patient monitoring systems market size, by product, 2018-2030 (US$M)
South Korea Multiparameter Patient Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
