South Korea Therapeutic Bed Market Size & Outlook
South Korea therapeutic bed market, 2018-2030 (US$M)
Related Markets
South Korea therapeutic bed market highlights
- The South Korea therapeutic bed market generated a revenue of USD 98.7 million in 2023 and is expected to reach USD 141.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, clinical beds was the largest revenue generating product in 2023.
- Household Beds is the most lucrative product segment registering the fastest growth during the forecast period.
Therapeutic bed market data book summary
| Market revenue in 2023 | USD 98.7 million |
| Market revenue in 2030 | USD 141.2 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Clinical beds |
| Fastest growing segment | Household Beds |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clinical Beds, Household Beds, Accessories |
| Key market players worldwide | Baxter International Inc, Stryker Corp, Medical Depot, Arjo AB Class B, Graham - Field Health Products, Invacare, Medline Industries, Gendron, CentroMed, Amico Group of Companies, Bakare Beds, HARD Manufacturing Company |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.1% of the global therapeutic bed market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China therapeutic bed market 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 468.3 million by 2030.
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Therapeutic Bed Market Scope
Therapeutic Bed Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea therapeutic bed 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 therapeutic bed market will help companies and investors design strategic landscapes.
Clinical beds was the largest segment with a revenue share of 48.53% in 2023. Horizon Databook has segmented the South Korea therapeutic bed market based on clinical beds, household beds, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Therapeutic Bed Product Outlook (Revenue, USD Million, 2018-2030)
- Clinical Beds
- Regular Beds
- ICU Beds
- Pediatric Beds
- Birthing Beds
- Bariatric Beds
- Low Air Loss Beds
- Other Clinical Beds
- Household Beds
- Accessories
- Clinical Beds
- South Korea Therapeutic Bed Application Outlook (Revenue, USD Million, 2018-2030)
- Acute Care Beds
- Critical Care Beds
- Long-term Beds
- South Korea Therapeutic Bed End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Clinics
- Reproductive Care Centers
- Other End Use
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Target buyers of South Korea therapeutic bed market databook
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Our clientele includes a mix of therapeutic bed market 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 therapeutic bed market , including forecasts for subscribers. This country databook contains high-level insights into South Korea therapeutic bed market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea therapeutic bed market size, by product, 2018-2030 (US$M)
South Korea Therapeutic Bed Market Outlook Share, 2023 & 2030 (US$M)
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