South Korea Traumatic Brain Injuries Assessment And Management Devices Market Size & Outlook
South Korea traumatic brain injuries assessment and management devices market, 2017-2030 (US$M)
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South Korea traumatic brain injuries assessment and management devices market highlights
- The South Korea traumatic brain injuries assessment and management devices market generated a revenue of USD 39.9 million in 2022 and is expected to reach USD 78.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.8% from 2023 to 2030.
- In terms of segment, imaging devices was the largest revenue generating device in 2022.
- Monitoring Devices is the most lucrative device segment registering the fastest growth during the forecast period.
Traumatic brain injuries assessment and management devices market data book summary
| Market revenue in 2022 | USD 39.9 million |
| Market revenue in 2030 | USD 78.5 million |
| Growth rate | 8.8% (CAGR from 2022 to 2030) |
| Largest segment | Imaging devices |
| Fastest growing segment | Monitoring Devices |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Imaging Devices, Monitoring Devices |
| Key market players worldwide | Integra LifeSciences, Nihon Kohden Corp, Compumedics-alpha trace, InfraScan, Raumedic AG, Oculogica |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.3% of the global traumatic brain injuries assessment and management devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China traumatic brain injuries assessment and management devices 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 158.2 million by 2030.
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Traumatic Brain Injuries Assessment And Management Devices Market Scope
Traumatic Brain Injuries Assessment And Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea traumatic brain injuries assessment and management devices 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 traumatic brain injuries assessment and management devices market will help companies and investors design strategic landscapes.
Imaging devices was the largest segment with a revenue share of 50.38% in 2022. Horizon Databook has segmented the South Korea traumatic brain injuries assessment and management devices market based on imaging devices, monitoring devices covering the revenue growth of each sub-segment from 2017 to 2030.
South Korea TBIs assessment and management devices market is anticipated to witness moderate growth over the forecast period due to increasing healthcare expenditure. For instance, according to The Organization for Economic Co-operation and Development (OECD) Health Statistics 2019, the healthcare expenditure in South Korea was 14.44 billion South Korean won (8.1% of Korea's GDP) in 2018, whereas in 2017, it was 12.02 billion South Korean won (7.6% of Korea’s GDP). Such increase may encourage new and key players to enter the market, thereby impelling growth.
However, low adoption of technologically advanced products and lack of skilled professionals in the country may hinder growth over the forecast period.
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Our clientele includes a mix of traumatic brain injuries assessment and management devices 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 traumatic brain injuries assessment and management devices market, including forecasts for subscribers. This country databook contains high-level insights into South Korea traumatic brain injuries assessment and management devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea traumatic brain injuries tbi assessment management devices market size, by device, 2017-2030 (US$M)
South Korea Traumatic Brain Injuries Assessment And Management Devices Market Share, 2022 & 2030 (US$M)
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