South Korea Wearable Injectors Market Size & Outlook
South Korea wearable injectors market, 2018-2030 (US$M)
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South Korea wearable injectors market highlights
- The South Korea wearable injectors market generated a revenue of USD 159.0 million in 2023 and is expected to reach USD 433.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
- In terms of segment, on-body was the largest revenue generating type in 2023.
- Off-body is the most lucrative type segment registering the fastest growth during the forecast period.
Wearable injectors market data book summary
| Market revenue in 2023 | USD 159.0 million |
| Market revenue in 2030 | USD 433.6 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | On-body |
| Fastest growing segment | Off-body |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-body, Off-body |
| Key market players worldwide | BD, Johnson & Johnson, Roche Holding AG, United Therapeutics Corp, Amgen Inc, Insulet Corp, West Pharmaceutical Services Inc, CeQur Simplicity, Unilife Corporation, Enable Injections |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global wearable injectors market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China wearable injectors market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 308.3 million by 2030.
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Wearable Injectors Market Scope
Wearable Injectors Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea wearable injectors 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 wearable injectors market will help companies and investors design strategic landscapes.
On-body was the largest segment with a revenue share of 54.28% in 2023. Horizon Databook has segmented the South Korea wearable injectors market based on on-body, off-body covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of chronic diseases such as cancer; cardiovascular & neurodegenerative diseases; and diabetes among the population is anticipated to increase the demand for wearable injectors, thereby driving market expansion.
Moreover, according to GLOBOCAN, there were approximately 230,317 new cancer cases in South Korea in 2020, including 28,713 new cases of stomach cancer, 28,651 new cases of prostate cancer, and 25,817 new cases of breast cancer.
In addition, the growing elderly population is expected to contribute to market expansion. For example, according to the United Nations Population Fund's published statistics for 2022, in South Korea, 71% of the living population will be between the ages of 15 and 64.
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Our clientele includes a mix of wearable injectors 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 wearable injectors market , including forecasts for subscribers. This country databook contains high-level insights into South Korea wearable injectors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea wearable injectors market size, by type, 2018-2030 (US$M)
South Korea Wearable Injectors Market Outlook Share, 2023 & 2030 (US$M)
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