South Korea Endoscopes Market Size & Outlook, 2024-2030
The endoscopes market in South Korea is expected to reach a projected revenue of US$ 585.3 million by 2030. A compound annual growth rate of 5% is expected of South Korea endoscopes market from 2024 to 2030.
Revenue, 2023 (US$M)
$416.5
Forecast, 2030 (US$M)
$585.3
CAGR, 2024 - 2030
5%
Report Coverage
South Korea
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South Korea endoscopes market highlights
- The South Korea endoscopes market generated a revenue of USD 416.5 million in 2023 and is expected to reach USD 585.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, endoscopes was the largest revenue generating product in 2023.
- Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Endoscopes market data book summary
| Market revenue in 2023 | USD 416.5 million |
| Market revenue in 2030 | USD 585.3 million |
| Growth rate | 5% (CAGR from 2024 to 2030) |
| Largest segment | Endoscopes |
| Fastest growing segment | Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Endoscopes |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Hoya Corp ADR, FUJIFILM Holdings Corp, Karl Storz, Stryker Corp, Medtronic PLC, Ambu A/S ADR, Steris PLC |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global endoscopes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China endoscopes 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 615.1 million by 2030.
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Endoscopes Market Scope
Endoscopes market segmentation & scope
Endoscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hoya Corp ADR | View profile | 36571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | http://www.hoya.co.jp |
| Karl Storz | View profile | 1001-5000 | Tuttlingen, Baden-Wurttemberg, Germany, Europe | https://www.karlstorz.com/ |
| Ambu A/S ADR | View profile | 4750 | Baltorpbakken 13, Ballerup, Denmark, DK-2750 | http://www.ambu.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
| Steris PLC | View profile | 17100 | 5960 Heisley Road, Mentor, OH, United States, 44060 | https://www.steris-ir.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
South Korea endoscopes market size, by product, 2018-2030 (US$M)
South Korea Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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