South Korea Surgical Navigation Systems Market Size & Outlook
South Korea surgical navigation systems market, 2018-2030 (US$M)
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South Korea surgical navigation systems market highlights
- The South Korea surgical navigation systems market generated a revenue of USD 79.4 million in 2023 and is expected to reach USD 214.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 15.2% from 2024 to 2030.
- In terms of segment, orthopedic and spine was the largest revenue generating application in 2023.
- ENT is the most lucrative application segment registering the fastest growth during the forecast period.
Surgical navigation systems market data book summary
| Market revenue in 2023 | USD 79.4 million |
| Market revenue in 2030 | USD 214.1 million |
| Growth rate | 15.2% (CAGR from 2023 to 2030) |
| Largest segment | Orthopedic and spine |
| Fastest growing segment | ENT |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ENT, Orthopedic and Spine, Neurology, Dental |
| Key market players worldwide | B. Braun, Stryker Corp, Medtronic PLC, Siemens Healthineers AG ADR, Smith & Nephew PLC, Johnson & Johnson, Zimmer Biomet Holdings Inc, Karl Storz, Amplitude Surgical, Corin Group |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.1% of the global surgical navigation systems 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 navigation 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 405.9 million by 2030.
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Surgical Navigation Systems Market Scope
Surgical Navigation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea surgical navigation 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 surgical navigation systems market will help companies and investors design strategic landscapes.
Orthopedic and spine was the largest segment with a revenue share of 38.04% in 2023. Horizon Databook has segmented the South Korea surgical navigation systems market based on ent, orthopedic and spine, neurology, dental covering the revenue growth of each sub-segment from 2018 to 2030.
Advantages of computer-assisted surgery and rising prevalence of target disorders are driving the surgical navigation systems market for the country.
Computer-assisted surgery can shorten hospitalization duration, reduce pain & discomfort, offer faster recovery time, reduce blood loss, and provide minimal scarring.
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Our clientele includes a mix of surgical navigation systems 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 surgical navigation systems market , including forecasts for subscribers. This country databook contains high-level insights into South Korea surgical navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea surgical navigation systems market size, by application, 2018-2030 (US$M)
South Korea Surgical Navigation Systems Market Outlook Share, 2023 & 2030 (US$M)
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