| Product Code: ETC4446624 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 |
South Korea`s medical electronics market is expanding with technological advancements in diagnostic imaging, patient monitoring systems, and therapeutic devices. The market growth is fueled by a rising aging population and increasing healthcare expenditures.
The South Korea medical electronics market is fueled by technological advancements in wearable devices, diagnostic equipment, and patient monitoring systems. Increasing healthcare spending, rising prevalence of chronic diseases, and the shift towards home healthcare are driving the demand for medical electronics. Integration of IoT and AI in medical devices is also a significant driver, enhancing remote patient monitoring and personalized healthcare solutions.
In the South Korean medical electronics market, challenges arise from rapidly evolving technology and the need for continuous innovation to keep pace with advancements in healthcare. Ensuring the reliability, safety, and interoperability of medical electronic devices amidst stringent regulatory requirements poses significant hurdles for market players.
The South Korean government actively supports the medical electronics market through policies aimed at promoting technological innovation and ensuring product safety. Regulatory bodies enforce standards for electromagnetic compatibility (EMC) and electrical safety to maintain the quality and reliability of medical electronic devices. Policies also focus on fostering collaboration between industry and research institutions to drive advancements in medical electronics technology.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Medical Electronics Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Medical Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Medical Electronics Market - Industry Life Cycle |
3.4 South Korea Medical Electronics Market - Porter's Five Forces |
3.5 South Korea Medical Electronics Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 South Korea Medical Electronics Market Revenues & Volume Share, By Device Classification , 2021 & 2031F |
3.7 South Korea Medical Electronics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 South Korea Medical Electronics Market Revenues & Volume Share, By End User Products, 2021 & 2031F |
3.9 South Korea Medical Electronics Market Revenues & Volume Share, By Medical Procedure, 2021 & 2031F |
4 South Korea Medical Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced medical devices and technologies in South Korea. |
4.2.2 Rising healthcare expenditure and investments in healthcare infrastructure. |
4.2.3 Growing geriatric population leading to higher healthcare needs and adoption of medical electronics. |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for medical devices in South Korea. |
4.3.2 High initial costs associated with implementing medical electronics. |
4.3.3 Limited reimbursement policies for medical electronics in the healthcare system. |
5 South Korea Medical Electronics Market Trends |
6 South Korea Medical Electronics Market, By Types |
6.1 South Korea Medical Electronics Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 South Korea Medical Electronics Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 South Korea Medical Electronics Market Revenues & Volume, By Sensors, 2021-2031F |
6.1.4 South Korea Medical Electronics Market Revenues & Volume, By Batteries, 2021-2031F |
6.1.5 South Korea Medical Electronics Market Revenues & Volume, By Displays, 2021-2031F |
6.1.6 South Korea Medical Electronics Market Revenues & Volume, By MPUs/MCUs, 2021-2031F |
6.1.7 South Korea Medical Electronics Market Revenues & Volume, By Memory Chips, 2021-2031F |
6.2 South Korea Medical Electronics Market, By Device Classification |
6.2.1 Overview and Analysis |
6.2.2 South Korea Medical Electronics Market Revenues & Volume, By Class I, 2021-2031F |
6.2.3 South Korea Medical Electronics Market Revenues & Volume, By Class II, 2021-2031F |
6.2.4 South Korea Medical Electronics Market Revenues & Volume, By Class III, 2021-2031F |
6.3 South Korea Medical Electronics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Korea Medical Electronics Market Revenues & Volume, By Medical imaging, 2021-2031F |
6.3.3 South Korea Medical Electronics Market Revenues & Volume, By Clinical, diagnostic, and therapeutics, 2021-2031F |
6.3.4 South Korea Medical Electronics Market Revenues & Volume, By Patient monitoring, 2021-2031F |
6.3.5 South Korea Medical Electronics Market Revenues & Volume, By Flow measurement, 2021-2031F |
6.3.6 South Korea Medical Electronics Market Revenues & Volume, By Cardiology, 2021-2031F |
6.3.7 South Korea Medical Electronics Market Revenues & Volume, By Others, 2021-2031F |
6.4 South Korea Medical Electronics Market, By End User Products |
6.4.1 Overview and Analysis |
6.4.2 South Korea Medical Electronics Market Revenues & Volume, By Diagnostic and imaging devices, 2021-2031F |
6.4.3 South Korea Medical Electronics Market Revenues & Volume, By Patient monitoring devices, 2021-2031F |
6.4.4 South Korea Medical Electronics Market Revenues & Volume, By Medical implantable devices, 2021-2031F |
6.4.5 South Korea Medical Electronics Market Revenues & Volume, By Ventilators and RGM equipment, 2021-2031F |
6.5 South Korea Medical Electronics Market, By Medical Procedure |
6.5.1 Overview and Analysis |
6.5.2 South Korea Medical Electronics Market Revenues & Volume, By Non-invasive, 2021-2031F |
6.5.3 South Korea Medical Electronics Market Revenues & Volume, By Minimally invasive, 2021-2031F |
6.5.4 South Korea Medical Electronics Market Revenues & Volume, By Invasive, 2021-2031F |
7 South Korea Medical Electronics Market Import-Export Trade Statistics |
7.1 South Korea Medical Electronics Market Export to Major Countries |
7.2 South Korea Medical Electronics Market Imports from Major Countries |
8 South Korea Medical Electronics Market Key Performance Indicators |
8.1 Adoption rate of new medical technologies in healthcare facilities. |
8.2 Number of research and development partnerships in the medical electronics sector. |
8.3 Rate of technological advancements and innovations in medical electronics. |
9 South Korea Medical Electronics Market - Opportunity Assessment |
9.1 South Korea Medical Electronics Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 South Korea Medical Electronics Market Opportunity Assessment, By Device Classification , 2021 & 2031F |
9.3 South Korea Medical Electronics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 South Korea Medical Electronics Market Opportunity Assessment, By End User Products, 2021 & 2031F |
9.5 South Korea Medical Electronics Market Opportunity Assessment, By Medical Procedure, 2021 & 2031F |
10 South Korea Medical Electronics Market - Competitive Landscape |
10.1 South Korea Medical Electronics Market Revenue Share, By Companies, 2024 |
10.2 South Korea Medical Electronics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |