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Medical device market size in South Korea 2012-2021

Published by Statista Research Department, Jul 4, 2022
In 2021, the market size of the medical device market in South Korea reached around 9.1 trillion South Korean won. This represents an increase of over 21 percent from the previous year. Overall, this market has enjoyed steady growth over the past years.

Size of the medical device market in South Korea from 2012 to 2021 (in trillion South Korean won)

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Sources

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Release date

July 2022

Region

South Korea

Survey time period

2012 to 2021

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.77 U.S. dollars or 0.74 euros as of July 2022.

The source did not provide a date of publication. The date used here is the access date.

In order to calculate the size of the medical device market, the following formula was applied:
Market size = (Production value) - (Export value) + (Import value)

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Statistics on " Medical technology in South Korea "

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Statistics on Medical technology in South Korea

Overview

6

Trade

6

Availability of common medical technology

4

Leading companies

6

Telemedicine

5

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Medical technology in South KoreaMedical technologyMedical technology in ChinaHealth care in South Korea Pharmaceutical industry in South Korea
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