The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all six different segments by the end of the comparison period. Notably, the segment Other Medical Devices stands out with the highest value of 2.8 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition: The Medical Devices market includes instruments and machines helping for the prevention, diagnosis, and treatment of diseases. This market is further broken down into 6 submarkets according to medical specialties or types of application. Medical devices that treat the heart, such as pacemakers, can be found in the Cardiology Devices market. The Diagnostic Imaging market covers machines and instruments for diagnosis of many different kinds of conditions. Devices for orthopedic applications, such as joint implants, are included in the Orthopedic Devices market. Ophthalmic Devices are devices used for conditions related to the eye. The General & Plastic Surgery Devices covers many different products required for surgeries. The Other Medical Devices market provides information on additional areas that are not covered by the main markets.
Additional information: Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.
Company examples: Medtronic, Johnson & Johnson, Siemens Healthineers.
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Statista Market Insights. (August 29, 2024). Revenue in the Medical Devices market for different segments South Korea from 2017 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441803/revenue-medical-devices-market-for-different-segments-south-korea
Statista Market Insights. "Revenue in the Medical Devices market for different segments South Korea from 2017 to 2029 (in million U.S. dollars)." Chart. August 29, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441803/revenue-medical-devices-market-for-different-segments-south-korea
Statista Market Insights. (2024). Revenue in the Medical Devices market for different segments South Korea from 2017 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441803/revenue-medical-devices-market-for-different-segments-south-korea
Statista Market Insights. "Revenue in The Medical Devices Market for Different Segments South Korea from 2017 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Aug 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441803/revenue-medical-devices-market-for-different-segments-south-korea
Statista Market Insights, Revenue in the Medical Devices market for different segments South Korea from 2017 to 2029 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441803/revenue-medical-devices-market-for-different-segments-south-korea (last visited November 13, 2024)
Revenue in the Medical Devices market for different segments South Korea from 2017 to 2029 (in million U.S. dollars) [Graph], Statista Market Insights, August 29, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441803/revenue-medical-devices-market-for-different-segments-south-korea