South Korea Vital Signs Monitoring Market Size & Outlook

The vital signs monitoring market in South Korea is expected to reach a projected revenue of US$ 944.4 million by 2030. A compound annual growth rate of 10% is expected of South Korea vital signs monitoring market from 2024 to 2030.
Revenue, 2023 (US$M)
$484.9
Forecast, 2030 (US$M)
$944.4
CAGR, 2024 - 2030
10%
Report Coverage
South Korea

South Korea vital signs monitoring market, 2018-2030 (US$M)

South

South Korea vital signs monitoring market highlights

  • The South Korea vital signs monitoring market generated a revenue of USD 484.9 million in 2023 and is expected to reach USD 944.4 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 10% from 2024 to 2030.
  • In terms of segment, blood pressure monitors was the largest revenue generating product in 2023.
  • Other Vital Sign Monitors is the most lucrative product segment registering the fastest growth during the forecast period.

Vital signs monitoring market data book summary

Market revenue in 2023USD 484.9 million
Market revenue in 2030USD 944.4 million
Growth rate10% (CAGR from 2023 to 2030)
Largest segmentBlood pressure monitors
Fastest growing segmentOther Vital Sign Monitors
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlood Pressure Monitors, Pulse Oximeters, Temperature Monitoring Devices, Other Vital Sign Monitors
Key market players worldwideKoninklijke Philips NV, Medtronic PLC, Nihon Kohden Corp, GE HealthCare Technologies Inc Common Stock, Masimo Corp, OMRON Corp, A&D Medical, Nonin Medical, SunTech Medical

Other key industry trends

  • In terms of revenue, South Korea accounted for 4.9% of the global vital signs monitoring market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, South Korea vital signs monitoring 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 359.6 million by 2030.

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Vital Signs Monitoring Market Scope

Vital signs monitoring market segmentation & scope
Vital Sign Monitors
Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Pulse Oximeters
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Heart Rate Monitor (ECG)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Temperature Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Respiratory Rate Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Brain Monitoring (EEG)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Other Vital Sign Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Specialized Monitors
Anesthesia Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Blood Glucose Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Cardiac Rhythm Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Respiratory Monitor
Capnographs
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Spirometers
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fetal Heart Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Prothrombin Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Multi Parameter Monitors (MPM)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Others (Ventilators, Infusion Pumps and others)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Aneroid Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Digital Blood Pressure Monitors
Arm
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Wrist
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fingure
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Ambulatory Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Blood Pressure Transducers
Reusable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Disposable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Instrument & Accessories
Blood Pressure Cuffs
Reusable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Disposable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Others (Bladders, Bulbs and Valves, Manometers)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Portable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fixed
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing

Vital Signs Monitoring Market Companies

Name Profile # Employees HQ Website

South Korea vital signs monitoring 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 vital signs monitoring market will help companies and investors design strategic landscapes.


Blood pressure monitors was the largest segment with a revenue share of 48.34% in 2023. Horizon Databook has segmented the South Korea vital signs monitoring market based on blood pressure monitors, pulse oximeters, temperature monitoring devices, other vital sign monitors covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Vital Signs Monitoring Product Outlook (Revenue, USD Million, 2018-2030)
    • Vital Sign Monitors
      • Blood Pressure Monitors
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Pulse Oximeters
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Heart Rate Monitor (ECG)
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Temperature Monitor
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Respiratory Rate Monitor
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Brain Monitoring (EEG)
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Other Vital Sign Monitors
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
    • Specialized Monitors
      • Anesthesia Monitors
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Blood Glucose Monitors
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Cardiac Rhythm Monitor
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Respiratory Monitor
        • Capnographs
          • End Use
            • Hospitals
            • Outpatient Facilities
            • Homecare
            • Research Manufacturing
        • Spirometers
          • End Use
            • Hospitals
            • Outpatient Facilities
            • Homecare
            • Research Manufacturing
      • Fetal Heart Monitors
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Prothrombin Monitors
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Multi Parameter Monitors (MPM)
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Others (Ventilators, Infusion Pumps and others)
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
    • Aneroid Blood Pressure Monitors
      • End Use
        • Hospitals
        • Outpatient Facilities
        • Homecare
        • Research Manufacturing
    • Digital Blood Pressure Monitors
      • Arm
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Wrist
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Fingure
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
    • Ambulatory Blood Pressure Monitors
      • End Use
        • Hospitals
        • Outpatient Facilities
        • Homecare
        • Research Manufacturing
    • Blood Pressure Transducers
      • Reusable
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
      • Disposable
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
    • Instrument & Accessories
      • Blood Pressure Cuffs
        • Reusable
          • End Use
            • Hospitals
            • Outpatient Facilities
            • Homecare
            • Research Manufacturing
        • Disposable
          • End Use
            • Hospitals
            • Outpatient Facilities
            • Homecare
            • Research Manufacturing
      • Others (Bladders, Bulbs and Valves, Manometers)
        • End Use
          • Hospitals
          • Outpatient Facilities
          • Homecare
          • Research Manufacturing
    • Portable
      • End Use
        • Hospitals
        • Outpatient Facilities
        • Homecare
        • Research Manufacturing
    • Fixed
      • End Use
        • Hospitals
        • Outpatient Facilities
        • Homecare
        • Research Manufacturing
    • Blood Pressure Monitors
      • End Use
        • Hospitals
        • Outpatient Facilities
        • Homecare
        • Research Manufacturing
    • Pulse Oximeters
      • End Use
        • Hospitals
        • Outpatient Facilities
        • Homecare
        • Research Manufacturing
    • Temperature Monitoring Devices
      • End Use
        • Hospitals
        • Outpatient Facilities
        • Homecare
        • Research Manufacturing
    • Other Vital Sign Monitors
      • End Use
        • Hospitals
        • Outpatient Facilities
        • Homecare
        • Research Manufacturing

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Target buyers of South Korea vital signs monitoring market databook

  • Our clientele includes a mix of vital signs monitoring market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 vital signs monitoring market , including forecasts for subscribers. This country databook contains high-level insights into South Korea vital signs monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea vital signs monitoring market size, by product, 2018-2030 (US$M)

South Korea Vital Signs Monitoring Market Outlook Share, 2023 & 2030 (US$M)

South Korea vital signs monitoring market size, by product, 2018-2030 (US$M)

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