South Korea Wound Cleanser Products Market Size & Outlook
South Korea wound cleanser products market, 2018-2030 (US$M)
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South Korea wound cleanser products market highlights
- The South Korea wound cleanser products market generated a revenue of USD 12.0 million in 2023 and is expected to reach USD 15.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, wetting agents was the largest revenue generating product in 2023.
- Pulsed Lavage Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Wound cleanser products market data book summary
| Market revenue in 2023 | USD 12.0 million |
| Market revenue in 2030 | USD 15.8 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Wetting agents |
| Fastest growing segment | Pulsed Lavage Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wetting Agents, Antiseptic, Moisturizers, Pulsed Lavage Systems |
| Key market players worldwide | ConvaTec Group PLC, Smith & Nephew PLC, B. Braun, Coloplast A/S ADR, Johnson & Johnson, 3M Co, Investor AB Class A, Integra LifeSciences, McKesson Corp, Medline Industries |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.6% of the global wound cleanser products market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India wound cleanser products 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 103.9 million by 2030.
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Wound Cleanser Products Market Scope
Wound Cleanser Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea wound cleanser products 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 wound cleanser products market will help companies and investors design strategic landscapes.
Wetting agents was the largest segment with a revenue share of 32.5% in 2024. Horizon Databook has segmented the South Korea wound cleanser products market based on wetting agents, antiseptic, moisturizers, pulsed lavage systems covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea has a growing medical device manufacturing industry, with major global companies, such as Stryker, Johnson & Johnson Services, Inc., Coloplast Corp, 3M, and B. Braun SE, playing pivotal roles in meeting the substantial demand for wound cleanser products such as wetting agents & moisturizers.
Moreover, increasing incidence of chronic disorders and rising geriatric population drive the market growth in this region. For instance, according to a report by the Korean Diabetes Association published in February 2023, more than 30% of Korean adults aged 65 & above had diabetes mellitus. In addition, the growing elderly population is expected to contribute to market expansion.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea wound cleanser products market , including forecasts for subscribers. This country databook contains high-level insights into South Korea wound cleanser products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea wound cleanser products market size, by product, 2018-2030 (US$M)
South Korea Wound Cleanser Products Market Outlook Share, 2024 & 2030 (US$M)
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