South Korea Surgical Blade Market Size & Outlook, 2023-2030
The surgical blade market in South Korea is expected to reach a projected revenue of US$ 5.3 million by 2030. A compound annual growth rate of 6.5% is expected of South Korea surgical blade market from 2024 to 2030.
Revenue, 2023 (US$M)
$3.4
Forecast, 2030 (US$M)
$5.3
CAGR, 2024 - 2030
6.5%
Report Coverage
South Korea
South Korea surgical blade market, 2018-2030 (US$M)
Related Markets
South Korea surgical blade market highlights
- The South Korea surgical blade market generated a revenue of USD 3.4 million in 2023 and is expected to reach USD 5.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, stainless steel was the largest revenue generating product in 2023.
- Stainless steel is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical blade market data book summary
| Market revenue in 2023 | USD 3.4 million |
| Market revenue in 2030 | USD 5.3 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Stainless steel |
| Fastest growing segment | Stainless steel |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stainless steel, High-grade carbon steel, Other |
| Key market players worldwide | Swann-Morton Ltd, Hill-Rom, BD, Vogt Medical, Hu-Friedy Mfg., B. Braun, PL Medical, KAI Group, BVI Medical, MYCO Medical, Medicom, Huaiyin Medical Instruments Co., Cincinnati Surgical, Southmedic, Surgical Specialties |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global surgical blade market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan surgical blade market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 5.3 million by 2030.
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Surgical Blade Market Scope
Surgical blade market segmentation & scope
Surgical Blade Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea surgical blade market size, by product, 2018-2030 (US$M)
South Korea Surgical Blade Market Share, 2023 & 2030 (US$M)
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