South Korea Medical Device Sterilization Market to 2032
Overview
The South Korea Medical Device Sterilization Market is expected to reach a 279.26 USD Million by 2032 and is projected to grow at a CAGR of 12.03% from 2025 to 2032.
Revenue, 2024 (USD Million)
146.57
Forecast, 2032 (USD Million)
279.26
CAGR, 2024 - 2032
12.03%
Report Coverage
South Korea
South Korea Medical Device Sterilization Market 2018-2032 USD Million
South Korea Medical Device Sterilization Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 146.57 USD Million
- Projected Market Size (2032): 279.26 USD Million
- CAGR (2025-2032): 12.03%
Key Findings of South Korea Medical Device Sterilization Market
- The South Korea Medical Device Sterilization Market was valued at 146.57 USD Million in 2024.
- The South Korea Medical Device Sterilization Market is likely to grow at a CAGR of 12.03% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Thermal Sterilization in Technology Segment accounted for the largest share of the market with a revenue of 100.30 USD Million
- The fastest growing segment Hospitals in End User Segment grew Fastest with a CAGR of 12.95% during the forecast period from 2024 to 2032.
South Korea Medical Device Sterilization Market Scope
South Korea Medical Device Sterilization Market Segmentation & Scope
Product
- Services
- Reagents
- Instruments
Technology
- Filtration Sterilization
- Ionizing Radiation Sterilization
- Chemical & Gas Sterilization
- Thermal Sterilization
End User
- Pharmaceutical Companies
- Academic And Research Institutes
- Medical Device Manufacturers
- Laboratories
- Clinics
- Hospitals
Distribution Channel
- Third Party Distributors
- Retail Sales
- Direct Sales
South Korea Medical Device Sterilization Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 146.57 USD Million |
| Market Value in 2032 | 279.26 USD Million |
| CAGR (2025-2032) | 12.03% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Technology,End User,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 146.57 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 146.57 USD Million in 2024.
Segments and Scope
-
South Korea Medical Device Sterilization Market to 2032, By Product
- Instruments is the largest segment in South Korea Medical Device Sterilization Market to 2032 with a revenue of 75.10 USD Million in the year 2024.
- Instruments is the Fastest growing segment in South Korea Medical Device Sterilization Market to 2032 with a Growth rate of 12.25 % in forecast period 2025-2032.
-
South Korea Medical Device Sterilization Market to 2032, By Technology
- Thermal Sterilization is the largest segment in South Korea Medical Device Sterilization Market to 2032 with a revenue of 100.30 USD Million in the year 2024.
- Thermal Sterilization is the Fastest growing segment in South Korea Medical Device Sterilization Market to 2032 with a Growth rate of 12.31 % in forecast period 2025-2032.
-
South Korea Medical Device Sterilization Market to 2032, By End User
- Hospitals is the largest segment in South Korea Medical Device Sterilization Market to 2032 with a revenue of 56.45 USD Million in the year 2024.
- Hospitals is the Fastest growing segment in South Korea Medical Device Sterilization Market to 2032 with a Growth rate of 12.95 % in forecast period 2025-2032.
-
South Korea Medical Device Sterilization Market to 2032, By Distribution Channel
- Direct Sales is the largest segment in South Korea Medical Device Sterilization Market to 2032 with a revenue of 83.65 USD Million in the year 2024.
- Direct Sales is the Fastest growing segment in South Korea Medical Device Sterilization Market to 2032 with a Growth rate of 12.40 % in forecast period 2025-2032.
South Korea Medical Device Sterilization Market Company Share Analysis
| Company Name |
|
||
| Merck KGaA | |||
| STERIS | |||
| Belimed AG | |||
| Cardinal Health | |||
| 3m | |||
South Korea Medical Device Sterilization Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Medical Device Sterilization Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Medical Device Sterilization Market is segmented based on Segmentation Product,Technology,End User,Distribution Channel.
South Korea Medical Device Sterilization Market was valued at USD 146.57(Revenue in USD Million) in 2021.
South Korea Medical Device Sterilization Market is projected to grow at a CAGR of 12.03% during the forecast period of 2024 to 2032.
The Thermal Sterilization segment is expected to dominate the South Korea Medical Device Sterilization Market, holding a largest market share of 100.30 USD Million in 2024
South Korea Medical Device Sterilization Market Scope
South Korea Medical Device Sterilization Market Segmentation & Scope
Product
- Services
- Reagents
- Instruments
Technology
- Filtration Sterilization
- Ionizing Radiation Sterilization
- Chemical & Gas Sterilization
- Thermal Sterilization
End User
- Pharmaceutical Companies
- Academic And Research Institutes
- Medical Device Manufacturers
- Laboratories
- Clinics
- Hospitals
Distribution Channel
- Third Party Distributors
- Retail Sales
- Direct Sales
Frequently Asked Questions
The South Korea Medical Device Sterilization Market is segmented based on Segmentation Product,Technology,End User,Distribution Channel.
South Korea Medical Device Sterilization Market was valued at USD 146.57(Revenue in USD Million) in 2021.
South Korea Medical Device Sterilization Market is projected to grow at a CAGR of 12.03% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Medical Device Sterilization Market for final year is USD 279.26 (USD Million).
South Korea Medical Device Sterilization Market Company Profiling
Frequently Asked Questions
The South Korea Medical Device Sterilization Market is segmented based on Segmentation Product,Technology,End User,Distribution Channel.
South Korea Medical Device Sterilization Market was valued at USD 146.57(Revenue in USD Million) in 2021.
South Korea Medical Device Sterilization Market is projected to grow at a CAGR of 12.03% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Medical Device Sterilization Market for final year is USD 279.26 (USD Million).
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