South Korea Pediatric Medical Devices Market Size & Outlook
South Korea pediatric medical devices, 2018-2030 (US$M)
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South Korea pediatric medical devices highlights
- The South Korea pediatric medical devices generated a revenue of USD 527.0 million in 2023 and is expected to reach USD 879.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, in vitro diagnostic (ivd) devices was the largest revenue generating product in 2023.
- Anesthesia and Respiratory Care Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Pediatric medical devices data book summary
| Market revenue in 2023 | USD 527.0 million |
| Market revenue in 2030 | USD 879.6 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | In vitro diagnostic (ivd) devices |
| Fastest growing segment | Anesthesia and Respiratory Care Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiology Devices, In Vitro Diagnostic (IVD) Devices, Diagnostic Imaging Devices, Anesthesia and Respiratory Care Devices, Neonatal ICU Devices |
| Key market players worldwide | Hamilton Bonaduz AG, GE HealthCare Technologies Inc Common Stock, Novonate, Abbott Laboratories, Medtronic PLC, Ningbo David Medical Device, Fritz Stephan, Phoenix Medical Systems (P), Atom Medical |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global pediatric medical devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pediatric medical devices is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,316.1 million by 2030.
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Pediatric Medical Devices Scope
Pediatric Medical Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea pediatric medical devices 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 pediatric medical devices will help companies and investors design strategic landscapes.
In vitro diagnostic (ivd) devices was the largest segment with a revenue share of 21.25% in 2023. Horizon Databook has segmented the South Korea pediatric medical devices based on cardiology devices, in vitro diagnostic (ivd) devices, diagnostic imaging devices, anesthesia and respiratory care devices, neonatal icu devices covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to South Korea pediatric medical devices databook:
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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 pediatric medical devices databook
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Our clientele includes a mix of pediatric medical devices 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 pediatric medical devices, including forecasts for subscribers. This country databook contains high-level insights into South Korea pediatric medical devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea pediatric medical devices market report size, by product, 2018-2030 (US$M)
South Korea Pediatric Medical Devices Share, 2023 & 2030 (US$M)
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