South Korea Urinary Catheters Market Size & Outlook
South Korea urinary catheters market, 2018-2030 (US$M)
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South Korea urinary catheters market highlights
- The South Korea urinary catheters market generated a revenue of USD 122.2 million in 2023 and is expected to reach USD 169.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, intermittent catheters was the largest revenue generating product in 2023.
- External Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Urinary catheters market data book summary
| Market revenue in 2023 | USD 122.2 million |
| Market revenue in 2030 | USD 169.8 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Intermittent catheters |
| Fastest growing segment | External Catheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Intermittent Catheters, Foley/ Indwelling Catheters, External Catheters |
| Key market players worldwide | Abercrombie & Fitch Co Class A, Medtronic PLC, Boston Scientific Corp, BD, Cook Medical, ConvaTec Group PLC, Teleflex Inc, Coloplast A/S ADR, B. Braun, Medline Industries, J & M Urinary Catheters |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.2% of the global urinary catheters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan urinary catheters 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 426.2 million by 2030.
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Urinary Catheters Market Scope
Urinary Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea urinary catheters 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 urinary catheters market will help companies and investors design strategic landscapes.
Intermittent catheters was the largest segment with a revenue share of 57.28% in 2023. Horizon Databook has segmented the South Korea urinary catheters market based on intermittent catheters, foley/ indwelling catheters, external catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of people suffering from OAB are mainly driving market growth in South Korea. According to NCBI, 5.2% of women in South Korea experienced OAB.
It comprises a number of symptoms, typically characterized by urgency, with or without UUI, accompanied by frequency & nocturia. This condition incurs a high economic burden, thereby contributing to market growth.
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Our clientele includes a mix of urinary catheters 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 urinary catheters market , including forecasts for subscribers. This country databook contains high-level insights into South Korea urinary catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea urinary catheters market size, by product, 2018-2030 (US$M)
South Korea Urinary Catheters Market Outlook Share, 2023 & 2030 (US$M)
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