South Korea Pulse Lavage Market Size & Outlook, 2023-2030
South Korea pulse lavage market, 2018-2030 (US$M)
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South Korea pulse lavage market highlights
- The South Korea pulse lavage market generated a revenue of USD 2.9 million in 2023 and is expected to reach USD 4.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, pulse lavage devices was the largest revenue generating product in 2023.
- Pulse Lavage Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Pulse lavage market data book summary
| Market revenue in 2023 | USD 2.9 million |
| Market revenue in 2030 | USD 4.5 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Pulse lavage devices |
| Fastest growing segment | Pulse Lavage Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pulse Lavage Devices, Components and Accessories |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.6% of the global pulse lavage market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pulse lavage 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 28.6 million by 2030.
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Pulse Lavage Market Scope
Pulse Lavage Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea pulse lavage 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 pulse lavage market will help companies and investors design strategic landscapes.
Pulse lavage devices was the largest segment with a revenue share of 75.86% in 2023. Horizon Databook has segmented the South Korea pulse lavage market based on pulse lavage devices, components and accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The domestic consumption of medical devices is high in South Korea, which can be attributed to the growth of medical services. Wound care products, such as pulse lavage systems, are imported. Increasing geriatric population and growing incidence of chronic diseases in South Korea are major drivers of the market.
For instance, according to the United Nations Population Fund's statistics for 2022, in South Korea, 71% of the population was between the ages of 15 and 64. In addition, according to the same source, 17% of the population in 2022 was predicted to be aged 65 or older. Therefore, as the increasing geriatric population is more likely to develop chronic diseases.
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Our clientele includes a mix of pulse lavage market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea pulse lavage market, including forecasts for subscribers. This country databook contains high-level insights into South Korea pulse lavage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea pulse lavage market size, by product, 2018-2030 (US$M)
South Korea Pulse Lavage Market Share, 2023 & 2030 (US$M)
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