South Korea Wireless Cardiac Monitoring Systems Market Size & Outlook
South Korea wireless cardiac monitoring systems market, 2018-2030 (US$M)
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South Korea wireless cardiac monitoring systems market highlights
- The South Korea wireless cardiac monitoring systems market generated a revenue of USD 78.4 million in 2023 and is expected to reach USD 194.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13.9% from 2024 to 2030.
- In terms of segment, mobile cardiac telemetry system was the largest revenue generating type in 2023.
- Patch-Type Monitor is the most lucrative type segment registering the fastest growth during the forecast period.
Wireless cardiac monitoring systems market data book summary
| Market revenue in 2023 | USD 78.4 million |
| Market revenue in 2030 | USD 194.7 million |
| Growth rate | 13.9% (CAGR from 2023 to 2030) |
| Largest segment | Mobile cardiac telemetry system |
| Fastest growing segment | Patch-Type Monitor |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable Cardiac Monitors (ICM), Patch-Type Monitor, Mobile Cardiac Telemetry System |
| Key market players worldwide | Koninklijke Philips NV, Abbott Laboratories, Medtronic PLC, BIOTRONIK, Boston Scientific Corp, Asahi Kasei Corp, IRhythm Technologies Inc, Baxter International Inc, OSI Systems Inc, Avertix Medical |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.4% of the global wireless cardiac monitoring systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan wireless cardiac monitoring systems 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 168.3 million by 2030.
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Wireless Cardiac Monitoring Systems Market Scope
Wireless Cardiac Monitoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea wireless cardiac monitoring systems 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 wireless cardiac monitoring systems market will help companies and investors design strategic landscapes.
Mobile cardiac telemetry system was the largest segment with a revenue share of 36.1% in 2023. Horizon Databook has segmented the South Korea wireless cardiac monitoring systems market based on implantable cardiac monitors (icm), patch-type monitor, mobile cardiac telemetry system covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of wireless cardiac monitoring systems 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 wireless cardiac monitoring systems market , including forecasts for subscribers. This country databook contains high-level insights into South Korea wireless cardiac monitoring systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea wireless cardiac monitoring systems market size, by type, 2018-2030 (US$M)
South Korea Wireless Cardiac Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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