South Korea Urology Lasers Market Size & Outlook
South Korea urology lasers market, 2018-2030 (US$M)
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South Korea urology lasers market highlights
- The South Korea urology lasers market generated a revenue of USD 15.4 million in 2023 and is expected to reach USD 24.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, holmium laser system was the largest revenue generating laser type in 2023.
- Other Thulium Laser System is the most lucrative laser type segment registering the fastest growth during the forecast period.
Urology lasers market data book summary
| Market revenue in 2023 | USD 15.4 million |
| Market revenue in 2030 | USD 24.4 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Holmium laser system |
| Fastest growing segment | Other Thulium Laser System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Holmium Laser System, Diode Laser System, Other Thulium Laser System, Laser Type |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Lumenis, Cook Medical, Becton Dickinson & Co, OmniGuide, Allengers Group |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global urology lasers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China urology lasers market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 90.1 million by 2030.
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Urology Lasers Market Scope
Urology Lasers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea urology lasers 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 urology lasers market will help companies and investors design strategic landscapes.
Holmium laser system was the largest segment with a revenue share of 29.87% in 2023. Horizon Databook has segmented the South Korea urology lasers market based on holmium laser system, diode laser system, other thulium laser system, laser type covering the revenue growth of each sub-segment from 2018 to 2030.
The competitive environment in South Korea's urology laser industry is highlighted by ongoing product development, strategic alliances, and partnerships. Companies such as Olympus Corporation, Lumenis Ltd., Boston Scientific Corporation, Quanta System S.p.A., and Alma Lasers introduced upgraded laser systems with enhanced safety, efficacy, & convenience of use in an effort to improve their product offerings and increase their market share.
To obtain market acceptability and promote adoption of their urology laser systems, they also place emphasis on developing strong ties with medical professionals & key opinion leaders.
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Target buyers of South Korea urology lasers market databook
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Our clientele includes a mix of urology lasers 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 urology lasers market , including forecasts for subscribers. This country databook contains high-level insights into South Korea urology lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea urology lasers market size, by laser type, 2018-2030 (US$M)
South Korea Urology Lasers Market Outlook Share, 2023 & 2030 (US$M)
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