South Korea Internet of Medical Things Market to 2032
Overview
The South Korea Internet of Medical Things Market is expected to reach a 9.88 USD Billion by 2032 and is projected to grow at a CAGR of 39.30% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.41
Forecast, 2032 (USD Billion)
9.88
CAGR, 2024 - 2032
39.30%
Report Coverage
South Korea
South Korea Internet of Medical Things Market 2018-2032 USD Billion
South Korea Internet of Medical Things Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.41 USD Billion
- Projected Market Size (2032): 9.88 USD Billion
- CAGR (2025-2032): 39.30%
Key Findings of South Korea Internet of Medical Things Market
- The South Korea Internet of Medical Things Market was valued at 1.41 USD Billion in 2024.
- The South Korea Internet of Medical Things Market is likely to grow at a CAGR of 39.30% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Wired in Connectivity Devices Segment accounted for the largest share of the market with a revenue of 0.89 USD Billion
- The fastest growing segment Wireless in Connectivity Devices Segment grew Fastest with a CAGR of 43.19% during the forecast period from 2024 to 2032.
South Korea Internet of Medical Things Market Scope
South Korea Internet of Medical Things Market Segmentation & Scope
End User
- Others
- Homecare
- Research Institutes & Academics
- Clinics
- Hospitals
Application
- Other
- Community
- Home-Use Medical Devices
- Healthcare Providers
- On-Body Devices
Platform
- Network Management
- Cloud Management
- Application Management
- Device Management
Component
- Services
- Software
- Hardware
Connectivity Devices
- Wireless
- Wired
Mode of Service Delivery
- Cloud
- On Premise
South Korea Internet of Medical Things Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.41 USD Billion |
| Market Value in 2032 | 9.88 USD Billion |
| CAGR (2025-2032) | 39.30% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Application,Platform,Component,Connectivity Devices,Mode of Service Delivery |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 1.41 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 2,820.20 USD Million in 2024.
Segments and Scope
-
South Korea Internet of Medical Things Market to 2032, By End User
- Hospitals is the largest segment in South Korea Internet of Medical Things Market to 2032 with a revenue of 759.35 USD Billion in the year 2024.
- Research Institutes & Academics is the Fastest growing segment in South Korea Internet of Medical Things Market to 2032 with a Growth rate of 39.64 % in forecast period 2025-2032.
-
South Korea Internet of Medical Things Market to 2032, By Application
- On-Body Devices is the largest segment in South Korea Internet of Medical Things Market to 2032 with a revenue of 483.88 USD Billion in the year 2024.
- On-Body Devices is the Fastest growing segment in South Korea Internet of Medical Things Market to 2032 with a Growth rate of 41.69 % in forecast period 2025-2032.
-
South Korea Internet of Medical Things Market to 2032, By Platform
- Device Management is the largest segment in South Korea Internet of Medical Things Market to 2032 with a revenue of 476.36 USD Billion in the year 2024.
- Cloud Management is the Fastest growing segment in South Korea Internet of Medical Things Market to 2032 with a Growth rate of 36.94 % in forecast period 2025-2032.
-
South Korea Internet of Medical Things Market to 2032, By Component
- Hardware is the largest segment in South Korea Internet of Medical Things Market to 2032 with a revenue of 605.73 USD Billion in the year 2024.
- Software is the Fastest growing segment in South Korea Internet of Medical Things Market to 2032 with a Growth rate of 37.39 % in forecast period 2025-2032.
-
South Korea Internet of Medical Things Market to 2032, By Connectivity Devices
- Wired is the largest segment in South Korea Internet of Medical Things Market to 2032 with a revenue of 887.49 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in South Korea Internet of Medical Things Market to 2032 with a Growth rate of 37.02 % in forecast period 2025-2032.
-
South Korea Internet of Medical Things Market to 2032, By Mode of Service Delivery
- On Premise is the largest segment in South Korea Internet of Medical Things Market to 2032 with a revenue of 803.42 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in South Korea Internet of Medical Things Market to 2032 with a Growth rate of 36.89 % in forecast period 2025-2032.
South Korea Internet of Medical Things Market Company Share Analysis
| Company Name |
|
||
| Medtronic | |||
| Koninklijke Philips N.V. | |||
| Lenovo | |||
| Boston Scientific Corporation or its affiliates | |||
| Honeywell International Inc. | |||
South Korea Internet of Medical Things Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Internet of Medical Things Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Internet of Medical Things Market is segmented based on Segmentation End User,Application,Platform,Component,Connectivity Devices,Mode of Service Delivery.
South Korea Internet of Medical Things Market was valued at USD 1.41(Revenue in USD Billion) in 2020.
South Korea Internet of Medical Things Market is projected to grow at a CAGR of 39.30% during the forecast period of 2024 to 2032.
The Wired segment is expected to dominate the South Korea Internet of Medical Things Market, holding a largest market share of 0.89 USD Billion in 2024
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South Korea Internet of Medical Things Market Scope
South Korea Internet of Medical Things Market Segmentation & Scope
End User
- Others
- Homecare
- Research Institutes & Academics
- Clinics
- Hospitals
Application
- Other
- Community
- Home-Use Medical Devices
- Healthcare Providers
- On-Body Devices
Platform
- Network Management
- Cloud Management
- Application Management
- Device Management
Component
- Services
- Software
- Hardware
Connectivity Devices
- Wireless
- Wired
Mode of Service Delivery
- Cloud
- On Premise
Frequently Asked Questions
The South Korea Internet of Medical Things Market is segmented based on Segmentation End User,Application,Platform,Component,Connectivity Devices,Mode of Service Delivery.
South Korea Internet of Medical Things Market was valued at USD 1.41(Revenue in USD Billion) in 2020.
South Korea Internet of Medical Things Market is projected to grow at a CAGR of 39.30% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Internet of Medical Things Market for final year is USD 9.88 (USD Billion).
South Korea Internet of Medical Things Market Company Profiling
Frequently Asked Questions
The South Korea Internet of Medical Things Market is segmented based on Segmentation End User,Application,Platform,Component,Connectivity Devices,Mode of Service Delivery.
South Korea Internet of Medical Things Market was valued at USD 1.41(Revenue in USD Billion) in 2020.
South Korea Internet of Medical Things Market is projected to grow at a CAGR of 39.30% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Internet of Medical Things Market for final year is USD 9.88 (USD Billion).
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