South Korea Smart Hospital Market to 2032
Overview
The South Korea Smart Hospital Market is expected to reach a 6.44 USD Billion by 2032 and is projected to grow at a CAGR of 31.62% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.38
Forecast, 2032 (USD Billion)
6.44
CAGR, 2024 - 2032
31.62%
Report Coverage
South Korea
South Korea Smart Hospital Market 2018-2032 USD Billion
South Korea Smart Hospital Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.38 USD Billion
- Projected Market Size (2032): 6.44 USD Billion
- CAGR (2025-2032): 31.62%
Key Findings of South Korea Smart Hospital Market
- The South Korea Smart Hospital Market was valued at 1.38 USD Billion in 2024.
- The South Korea Smart Hospital Market is likely to grow at a CAGR of 31.62% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Artificial Intelligence in Technology Segment accounted for the largest share of the market with a revenue of 2.10 USD Billion
- The fastest growing segment Robot-Assisted Surgery in Application Segment grew Fastest with a CAGR of 49.51% during the forecast period from 2024 to 2032.
South Korea Smart Hospital Market Scope
South Korea Smart Hospital Market Segmentation & Scope
Component
- Services
- Systems and Software
- Hardware
Connectivity
- Wireless
- Wired
Technology
- Others
- Cloud Computing
- Big Data
- Internet of Things
- Augmented Reality (AR)
- Artificial Intelligence
Distribution Channel
- Retail Sales
- Third Party Distributor
- Direct Tender
Application
- Clinical Trial Participant Identifier
- Others
- Preliminary Diagnosis
- Research
- Precision Medicine
- Dosage Error Reduction
- Fraud Detection
- Non-Invasive Diagnosis
- Cybersecurity
- Virtual Nursing Assistance
- Workflow Assistance
- Image Analysis
- Pharmacy Automation
- Robot-Assisted Surgery
- Electronic Health Record & Clinical Workflow
- Outpatient Vigilance
- Medical Assistance
- Medical Connected Imaging
- Remote Medicine Management
South Korea Smart Hospital Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.38 USD Billion |
| Market Value in 2032 | 6.44 USD Billion |
| CAGR (2025-2032) | 31.62% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Connectivity,Technology,Distribution Channel,Application |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 1.38 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 1,377.50 USD Million in 2024.
Segments and Scope
-
South Korea Smart Hospital Market to 2032, By Component
- Hardware is the largest segment in South Korea Smart Hospital Market to 2032 with a revenue of 668.21 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in South Korea Smart Hospital Market to 2032 with a Growth rate of 34.26 % in forecast period 2025-2032.
-
South Korea Smart Hospital Market to 2032, By Connectivity
- Wired is the largest segment in South Korea Smart Hospital Market to 2032 with a revenue of 808.79 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in South Korea Smart Hospital Market to 2032 with a Growth rate of 28.82 % in forecast period 2025-2032.
-
South Korea Smart Hospital Market to 2032, By Technology
- Artificial Intelligence is the largest segment in South Korea Smart Hospital Market to 2032 with a revenue of 2.10 USD Billion in the year 2024.
- Artificial Intelligence is the Fastest growing segment in South Korea Smart Hospital Market to 2032 with a Growth rate of 34.75 % in forecast period 2025-2032.
-
South Korea Smart Hospital Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in South Korea Smart Hospital Market to 2032 with a revenue of 824.74 USD Billion in the year 2024.
- Direct Tender is the Fastest growing segment in South Korea Smart Hospital Market to 2032 with a Growth rate of 34.61 % in forecast period 2025-2032.
-
South Korea Smart Hospital Market to 2032, By Application
- Remote Medicine Management is the largest segment in South Korea Smart Hospital Market to 2032 with a revenue of 255.72 USD Billion in the year 2024.
- Robot-Assisted Surgery is the Fastest growing segment in South Korea Smart Hospital Market to 2032 with a Growth rate of 38.96 % in forecast period 2025-2032.
South Korea Smart Hospital Market Company Share Analysis
| Company Name |
|
||
| Microsoft | |||
| Medtronic | |||
| McKesson Corporation | |||
| Intel Corporation | |||
| Koninklijke Philips N.V. | |||
South Korea Smart Hospital Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Smart Hospital Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Smart Hospital Market is segmented based on Segmentation Component,Connectivity,Technology,Distribution Channel,Application.
South Korea Smart Hospital Market was valued at USD 1.38(Revenue in USD Billion) in 2021.
South Korea Smart Hospital Market is projected to grow at a CAGR of 31.62% during the forecast period of 2024 to 2032.
The Artificial Intelligence segment is expected to dominate the South Korea Smart Hospital Market, holding a largest market share of 2.10 USD Billion in 2024
South Korea Smart Hospital Market Scope
South Korea Smart Hospital Market Segmentation & Scope
Component
- Services
- Systems and Software
- Hardware
Connectivity
- Wireless
- Wired
Technology
- Others
- Cloud Computing
- Big Data
- Internet of Things
- Augmented Reality (AR)
- Artificial Intelligence
Distribution Channel
- Retail Sales
- Third Party Distributor
- Direct Tender
Application
- Clinical Trial Participant Identifier
- Others
- Preliminary Diagnosis
- Research
- Precision Medicine
- Dosage Error Reduction
- Fraud Detection
- Non-Invasive Diagnosis
- Cybersecurity
- Virtual Nursing Assistance
- Workflow Assistance
- Image Analysis
- Pharmacy Automation
- Robot-Assisted Surgery
- Electronic Health Record & Clinical Workflow
- Outpatient Vigilance
- Medical Assistance
- Medical Connected Imaging
- Remote Medicine Management
Frequently Asked Questions
The South Korea Smart Hospital Market is segmented based on Segmentation Component,Connectivity,Technology,Distribution Channel,Application.
South Korea Smart Hospital Market was valued at USD 1.38(Revenue in USD Billion) in 2021.
South Korea Smart Hospital Market is projected to grow at a CAGR of 31.62% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Smart Hospital Market for final year is USD 6.44 (USD Billion).
South Korea Smart Hospital Market Company Profiling
Frequently Asked Questions
The South Korea Smart Hospital Market is segmented based on Segmentation Component,Connectivity,Technology,Distribution Channel,Application.
South Korea Smart Hospital Market was valued at USD 1.38(Revenue in USD Billion) in 2021.
South Korea Smart Hospital Market is projected to grow at a CAGR of 31.62% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Smart Hospital Market for final year is USD 6.44 (USD Billion).
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