South Korea Elderly Care Market to 2032
Overview
The South Korea Elderly Care Market is expected to reach a 57,121.91 USD Billion by 2032 and is projected to grow at a CAGR of 19.41% from 2025 to 2032.
Revenue, 2024 (USD Billion)
32,131.59
Forecast, 2032 (USD Billion)
57,121.91
CAGR, 2024 - 2032
19.41%
Report Coverage
South Korea
South Korea Elderly Care Market 2018-2032 USD Billion
South Korea Elderly Care Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 32,131.59 USD Billion
- Projected Market Size (2032): 57,121.91 USD Billion
- CAGR (2025-2032): 19.41%
Key Findings of South Korea Elderly Care Market
- The South Korea Elderly Care Market was valued at 32,131.59 USD Billion in 2024.
- The South Korea Elderly Care Market is likely to grow at a CAGR of 19.41% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Housing And Assistive Devices in Product Type Segment accounted for the largest share of the market with a revenue of 29,048.16 USD Billion
- The fastest growing segment Arthritis in Application Segment grew Fastest with a CAGR of 35.55% during the forecast period from 2024 to 2032.
South Korea Elderly Care Market Scope
South Korea Elderly Care Market Segmentation & Scope
Application
- Others
- Arthritis
- Kidney Diseases
- Cancer
- Neurological
- Osteoporosis
- Diabetes
- Respiratory
- Heart Diseases
Service
- Adult Day Care
- Institutional Care
- Homecare
Product Type
- Pharmaceuticals
- Housing And Assistive Devices
South Korea Elderly Care Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2015 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 32,131.59 USD Billion |
| Market Value in 2032 | 57,121.91 USD Billion |
| CAGR (2025-2032) | 19.41% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Service,Product Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 32,131.59 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 32,131.59 USD Billion in 2024.
Segments and Scope
-
South Korea Elderly Care Market to 2032, By Application
- Heart Diseases is the largest segment in South Korea Elderly Care Market to 2032 with a revenue of 7,040.54 USD Billion in the year 2024.
- Arthritis is the Fastest growing segment in South Korea Elderly Care Market to 2032 with a Growth rate of 17.12 % in forecast period 2025-2032.
-
South Korea Elderly Care Market to 2032, By Service
- Homecare is the largest segment in South Korea Elderly Care Market to 2032 with a revenue of 20,252.70 USD Billion in the year 2024.
- Adult Day Care is the Fastest growing segment in South Korea Elderly Care Market to 2032 with a Growth rate of 19.68 % in forecast period 2025-2032.
-
South Korea Elderly Care Market to 2032, By Product Type
- Housing And Assistive Devices is the largest segment in South Korea Elderly Care Market to 2032 with a revenue of 29,048.16 USD Billion in the year 2024.
- Housing And Assistive Devices is the Fastest growing segment in South Korea Elderly Care Market to 2032 with a Growth rate of 19.42 % in forecast period 2025-2032.
South Korea Elderly Care Market Company Share Analysis
| Company Name |
|
||
| Medtronic | |||
| ORPEA GROUPE | |||
| Interim HealthCare Inc. | |||
| Koninklijke Philips N.V. | |||
| LHC Group, Inc. | |||
South Korea Elderly Care Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Elderly Care Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Elderly Care Market is segmented based on Segmentation Application,Service,Product Type.
South Korea Elderly Care Market was valued at USD 32,131.59(Revenue in USD Billion) in 2015.
South Korea Elderly Care Market is projected to grow at a CAGR of 19.41% during the forecast period of 2024 to 2032.
The Housing And Assistive Devices segment is expected to dominate the South Korea Elderly Care Market, holding a largest market share of 29,048.16 USD Billion in 2024
South Korea Elderly Care Market Scope
South Korea Elderly Care Market Segmentation & Scope
Application
- Others
- Arthritis
- Kidney Diseases
- Cancer
- Neurological
- Osteoporosis
- Diabetes
- Respiratory
- Heart Diseases
Service
- Adult Day Care
- Institutional Care
- Homecare
Product Type
- Pharmaceuticals
- Housing And Assistive Devices
Frequently Asked Questions
The South Korea Elderly Care Market is segmented based on Segmentation Application,Service,Product Type.
South Korea Elderly Care Market was valued at USD 32,131.59(Revenue in USD Billion) in 2015.
South Korea Elderly Care Market is projected to grow at a CAGR of 19.41% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Elderly Care Market for final year is USD 57,121.91 (USD Billion).
South Korea Elderly Care Market Company Profiling
Frequently Asked Questions
The South Korea Elderly Care Market is segmented based on Segmentation Application,Service,Product Type.
South Korea Elderly Care Market was valued at USD 32,131.59(Revenue in USD Billion) in 2015.
South Korea Elderly Care Market is projected to grow at a CAGR of 19.41% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Elderly Care Market for final year is USD 57,121.91 (USD Billion).
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