South Korea Medical Disposables Market Size & Outlook
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South Korea medical disposables market highlights
- The South Korea medical disposables market generated a revenue of USD 9,126.2 million in 2023 and is expected to reach USD 28,294.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 17.5% from 2024 to 2030.
- In terms of segment, sterilization supplies was the largest revenue generating product in 2023.
- Diagnostic and Laboratory Disposables is the most lucrative product segment registering the fastest growth during the forecast period.
Medical disposables market data book summary
| Market revenue in 2023 | USD 9,126.2 million |
| Market revenue in 2030 | USD 28,294.2 million |
| Growth rate | 17.5% (CAGR from 2023 to 2030) |
| Largest segment | Sterilization supplies |
| Fastest growing segment | Diagnostic and Laboratory Disposables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wound Management Products, Drug Delivery Products, Diagnostic and Laboratory Disposables, Dialysis Disposables, Incontinence Products, Respiratory Supplies, Sterilization Supplies, Non-woven Disposables, Disposable Masks, Disposable Eye Gear, Disposable Gloves, Hand Sanitizers |
| Key market players worldwide | Medline Industries, Smith & Nephew PLC, Bayer AG, Becton Dickinson & Co, 3M Co, Cardinal Health Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global medical disposables market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical disposables market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 72,332.8 million by 2030.
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Medical Disposables Market Scope
Medical Disposables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Medline Industries | View profile | 10001+ | Mundelein, Illinois, United States, North America | http://www.medline.com/home.jsp |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
South Korea medical disposables 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 medical disposables market will help companies and investors design strategic landscapes.
Sterilization supplies was the largest segment with a revenue share of 10.62% in 2023. Horizon Databook has segmented the South Korea medical disposables market based on wound management products, drug delivery products, diagnostic and laboratory disposables, dialysis disposables, incontinence products, respiratory supplies, sterilization supplies, non-woven disposables, disposable masks, disposable eye gear, disposable gloves, hand sanitizers covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Medical Disposables Product Outlook (Revenue, USD Million, 2018-2030)
- Wound Management Products
- Drug Delivery Products
- Diagnostic and Laboratory Disposables
- Dialysis Disposables
- Incontinence Products
- Respiratory Supplies
- Sterilization Supplies
- Non-woven Disposables
- Disposable Masks
- Disposable Eye Gear
- Disposable Gloves
- Hand Sanitizers
- Gel
- Foam
- Liquid
- Others
- Others
- South Korea Medical Disposables End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Home Healthcare
- Outpatient/Primary Care Facilities
- Others
- South Korea Medical Disposables Raw Material Outlook (Revenue, USD Million, 2018-2030)
- Plastic Resin
- Nonwoven Material
- Rubber
- Paper and Paperboard
- Metals
- Glass
- Others
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Target buyers of South Korea medical disposables market databook
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Our clientele includes a mix of medical disposables market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea medical disposables market , including forecasts for subscribers. This country databook contains high-level insights into South Korea medical disposables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea medical disposables market size, by product, 2018-2030 (US$M)
South Korea Medical Disposables Market Outlook Share, 2023 & 2030 (US$M)
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