South Korea ICU Ventilator Market to 2032

Overview

The South Korea ICU Ventilator Market is expected to reach a 77.15 USD Million by 2032 and is projected to grow at a CAGR of 11.46% from 2025 to 2032.

Revenue, 2024 (USD Million)
48.96
Forecast, 2032 (USD Million)
77.15
CAGR, 2024 - 2032
11.46%
Report Coverage
South Korea

South Korea ICU Ventilator Market 2018-2032 USD Million

South Korea ICU Ventilator Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 48.96 USD Million
  • Projected Market Size (2032): 77.15 USD Million
  • CAGR (2025-2032): 11.46%

Key Findings of South Korea ICU Ventilator Market

  • The South Korea ICU Ventilator Market was valued at 48.96 USD Million in 2024.
  • The South Korea ICU Ventilator Market is likely to grow at a CAGR of 11.46% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Hospitals in End User Segment accounted for the largest share of the market with a revenue of 31.42 USD Million
  • The fastest growing segment Long Term Care Centres in End User Segment grew Fastest with a CAGR of 14.16% during the forecast period from 2024 to 2032.

South Korea ICU Ventilator Market Scope

South Korea ICU Ventilator Market Segmentation & Scope
End User
  • Rehabilitation Centres
  • Long Term Care Centres
  • Specialty Clinics
  • Hospitals
Mode
  • Other
  • Pressure-Mode Ventilation
  • Volume-Mode Ventilation
  • Combined-Mode Ventilation
Type
  • Pediatric Ventilators
  • Neonatal Ventilators
  • Adult Ventilators
Product Type
  • Mid-End ICU Ventilators
  • Basic ICU Ventilators
  • High-End ICU Ventilators

South Korea ICU Ventilator Market Data Coverage Insights

Study Period 2024-2032
Base Year 2017
Unit Revenue in USD Million
Market Value in 2024 48.96 USD Million
Market Value in 2032 77.15 USD Million
CAGR (2025-2032) 11.46%
Historic Data 2016-2023
Market Segments Covered End User,Mode,Type ,Product Type

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 48.96 USD Million in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 48.96 USD Million in 2024.

Segments and Scope

  • South Korea ICU Ventilator Market to 2032, By End User
    • Hospitals is the largest segment in South Korea ICU Ventilator Market to 2032 with a revenue of 31.42 USD Million in the year 2024.
    • Long Term Care Centres is the Fastest growing segment in South Korea ICU Ventilator Market to 2032 with a Growth rate of 10.79 % in forecast period 2025-2032.
  • South Korea ICU Ventilator Market to 2032, By Mode
    • Combined-Mode Ventilation is the largest segment in South Korea ICU Ventilator Market to 2032 with a revenue of 28.67 USD Million in the year 2024.
    • Pressure-Mode Ventilation is the Fastest growing segment in South Korea ICU Ventilator Market to 2032 with a Growth rate of 10.54 % in forecast period 2025-2032.
  • South Korea ICU Ventilator Market to 2032, By Type
    • Adult Ventilators is the largest segment in South Korea ICU Ventilator Market to 2032 with a revenue of 27.35 USD Million in the year 2024.
    • Neonatal Ventilators is the Fastest growing segment in South Korea ICU Ventilator Market to 2032 with a Growth rate of 10.29 % in forecast period 2025-2032.
  • South Korea ICU Ventilator Market to 2032, By Product Type
    • High-End ICU Ventilators is the largest segment in South Korea ICU Ventilator Market to 2032 with a revenue of 24.41 USD Million in the year 2024.
    • Basic ICU Ventilators is the Fastest growing segment in South Korea ICU Ventilator Market to 2032 with a Growth rate of 10.71 % in forecast period 2025-2032.

South Korea ICU Ventilator Market Company Share Analysis

 
Company Name Company Share Analysis
Ivantis, Inc.
Glaukos Corporation
Allergan
Ellex by Lumbird Medical
South Korea ICU Ventilator Market Company Share Analysis

South Korea ICU Ventilator Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea ICU Ventilator Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea ICU Ventilator Market Company Profiling

South Korea ICU Ventilator Market Company Profiling
Frequently Asked Questions
The South Korea ICU Ventilator Market is segmented based on Segmentation End User,Mode,Type ,Product Type.
South Korea ICU Ventilator Market was valued at USD 48.96(Revenue in USD Million) in 2017.
South Korea ICU Ventilator Market is projected to grow at a CAGR of 11.46% during the forecast period of 2024 to 2032.
The Hospitals segment is expected to dominate the South Korea ICU Ventilator Market, holding a largest market share of 31.42 USD Million in 2024

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South Korea ICU Ventilator Market Scope

South Korea ICU Ventilator Market Segmentation & Scope
End User
  • Rehabilitation Centres
  • Long Term Care Centres
  • Specialty Clinics
  • Hospitals
Mode
  • Other
  • Pressure-Mode Ventilation
  • Volume-Mode Ventilation
  • Combined-Mode Ventilation
Type
  • Pediatric Ventilators
  • Neonatal Ventilators
  • Adult Ventilators
Product Type
  • Mid-End ICU Ventilators
  • Basic ICU Ventilators
  • High-End ICU Ventilators
Frequently Asked Questions
The South Korea ICU Ventilator Market is segmented based on Segmentation End User,Mode,Type ,Product Type.
South Korea ICU Ventilator Market was valued at USD 48.96(Revenue in USD Million) in 2017.
South Korea ICU Ventilator Market is projected to grow at a CAGR of 11.46% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea ICU Ventilator Market for final year is USD 77.15 (USD Million).

South Korea ICU Ventilator Market Company Profiling

South Korea ICU Ventilator Market Company Profiling
Frequently Asked Questions
The South Korea ICU Ventilator Market is segmented based on Segmentation End User,Mode,Type ,Product Type.
South Korea ICU Ventilator Market was valued at USD 48.96(Revenue in USD Million) in 2017.
South Korea ICU Ventilator Market is projected to grow at a CAGR of 11.46% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea ICU Ventilator Market for final year is USD 77.15 (USD Million).

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