South Korea Surgical Simulation Market Size & Outlook
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South Korea surgical simulation market highlights
- The South Korea surgical simulation market generated a revenue of USD 5.0 million in 2022 and is expected to reach USD 19.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 18.6% from 2023 to 2030.
- In terms of segment, orthopedic surgery was the largest revenue generating specialty in 2022.
- Neurosurgery is the most lucrative specialty segment registering the fastest growth during the forecast period.
Surgical simulation market data book summary
| Market revenue in 2022 | USD 5.0 million |
| Market revenue in 2030 | USD 19.6 million |
| Growth rate | 18.6% (CAGR from 2022 to 2030) |
| Largest segment | Orthopedic surgery |
| Fastest growing segment | Neurosurgery |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiac Surgery, Gastroenterology, Neurosurgery, Orthopedic Surgery, Reconstructive Surgery, Oncology Surgery, Transplant |
| Key market players worldwide | Materialise NV ADR, Stratasys Ltd, Surgical Science Sweden AB, Laerdal Medical, 3D Systems Corp, Formlabs |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.5% of the global surgical simulation market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan surgical simulation 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 58.2 million by 2030.
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Surgical Simulation Market Scope
Surgical Simulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Surgical Science Sweden AB | View profile | 256 | Drakegatan 7A, Gothenburg, Sweden, SE-412 50 | https://www.surgicalscience.com |
| Laerdal Medical | View profile | 1001-5000 | Wappingers Falls, New York, United States, North America | http://www.laerdal.com |
| Materialise NV ADR | View profile | 2437 | Technologielaan 15, Leuven, Belgium, 3001 | https://www.materialise.com |
| Formlabs | View profile | 501-1000 | Somerville, Massachusetts, United States, North America | http://www.formlabs.com |
| Stratasys Ltd | View profile | 1980 | c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, United States, 55344 | https://www.stratasys.com |
| 3D Systems Corp | View profile | 2032 | 333 Three D Systems Circle, Rock Hill, SC, United States, 29730 | https://www.3dsystems.com |
South Korea surgical simulation 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 surgical simulation market will help companies and investors design strategic landscapes.
Orthopedic surgery was the largest segment with a revenue share of 34% in 2024. Horizon Databook has segmented the South Korea surgical simulation market based on cardiac surgery, gastroenterology, neurosurgery, orthopedic surgery, reconstructive surgery, oncology surgery, transplant covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea surgical simulation market databook
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Our clientele includes a mix of surgical simulation 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 surgical simulation market, including forecasts for subscribers. This country databook contains high-level insights into South Korea surgical simulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea surgical simulation market report size, by specialty, 2018-2030 (US$M)
South Korea Surgical Simulation Market Share, 2024 & 2030 (US$M)
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