South Korea Ventilator Market to 2032
Overview
The South Korea Ventilator Market is expected to reach a 325.21 USD Million by 2032 and is projected to grow at a CAGR of 9.15% from 2025 to 2032.
Revenue, 2024 (USD Million)
187.29
Forecast, 2032 (USD Million)
325.21
CAGR, 2024 - 2032
9.15%
Report Coverage
South Korea
South Korea Ventilator Market 2018-2032 USD Million
South Korea Ventilator Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 187.29 USD Million
- Projected Market Size (2032): 325.21 USD Million
- CAGR (2025-2032): 9.15%
Key Findings of South Korea Ventilator Market
- The South Korea Ventilator Market was valued at 325.21 USD Million in 2024.
- The South Korea Ventilator Market is likely to grow at a CAGR of 9.15% 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 159.75 USD Million
- The fastest growing segment Intensive Care Ventilators in Product Type Segment grew Fastest with a CAGR of 9.56% during the forecast period from 2024 to 2032.
South Korea Ventilator Market Scope
South Korea Ventilator Market Segmentation & Scope
Product Type
- Portable Ventilators
- Intensive Care Ventilators
- Neonatal Ventilators
Modality
- Invasive Ventilation
- Non-Invasive Ventilation
End User
- Others
- Rehabilitation Centres
- Long Term Care Centres
- Homecare Settings
- Specialty Clinics
- Hospitals
Mode
- Other
- Pressure-Mode Ventilator
- Volume-Mode Ventilation
- Combined-Mode Ventilation
Ventilator Type
- Pediatric Ventilators
- Neonatal Ventilators
- Adult Ventilators
South Korea Ventilator Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 187.29 USD Million |
| Market Value in 2032 | 325.21 USD Million |
| CAGR (2025-2032) | 9.15% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product Type,Modality,End User,Mode,Ventilator Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 187.29 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 187.29 USD Million in 2024.
Segments and Scope
-
South Korea Ventilator Market to 2032, By Product Type
- Intensive Care Ventilators is the largest segment in South Korea Ventilator Market to 2032 with a revenue of 105.03 USD Million in the year 2024.
- Intensive Care Ventilators is the Fastest growing segment in South Korea Ventilator Market to 2032 with a Growth rate of 9.56 % in forecast period 2025-2032.
-
South Korea Ventilator Market to 2032, By Modality
- Invasive Ventilation is the largest segment in South Korea Ventilator Market to 2032 with a revenue of 121.31 USD Million in the year 2024.
- Non-Invasive Ventilation is the Fastest growing segment in South Korea Ventilator Market to 2032 with a Growth rate of 8.94 % in forecast period 2025-2032.
-
South Korea Ventilator Market to 2032, By End User
- Hospitals is the largest segment in South Korea Ventilator Market to 2032 with a revenue of 159.75 USD Million in the year 2024.
- Hospitals is the Fastest growing segment in South Korea Ventilator Market to 2032 with a Growth rate of 9.39 % in forecast period 2025-2032.
-
South Korea Ventilator Market to 2032, By Mode
- Combined-Mode Ventilation is the largest segment in South Korea Ventilator Market to 2032 with a revenue of 85.83 USD Million in the year 2024.
- Combined-Mode Ventilation is the Fastest growing segment in South Korea Ventilator Market to 2032 with a Growth rate of 9.50 % in forecast period 2025-2032.
-
South Korea Ventilator Market to 2032, By Ventilator Type
- Adult Ventilators is the largest segment in South Korea Ventilator Market to 2032 with a revenue of 105.52 USD Million in the year 2024.
- Adult Ventilators is the Fastest growing segment in South Korea Ventilator Market to 2032 with a Growth rate of 9.43 % in forecast period 2025-2032.
South Korea Ventilator Market Company Share Analysis
| Company Name |
|
||
| Koninklijke Philips N.V. | |||
| VYAIRE | |||
| Getinge AB | |||
| Drägerwerk AG & Co. KGaA | |||
| GE Healthcare | |||
South Korea Ventilator Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Ventilator Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Ventilator Market is segmented based on Segmentation Product Type,Modality,End User,Mode,Ventilator Type.
South Korea Ventilator Market was valued at USD 187.29(Revenue in USD Million) in 2022.
South Korea Ventilator Market is projected to grow at a CAGR of 9.15% during the forecast period of 2024 to 2032.
The Hospitals segment is expected to dominate the South Korea Ventilator Market, holding a largest market share of 159.75 USD Million in 2024
Coming Soon....
South Korea Ventilator Market Scope
South Korea Ventilator Market Segmentation & Scope
Product Type
- Portable Ventilators
- Intensive Care Ventilators
- Neonatal Ventilators
Modality
- Invasive Ventilation
- Non-Invasive Ventilation
End User
- Others
- Rehabilitation Centres
- Long Term Care Centres
- Homecare Settings
- Specialty Clinics
- Hospitals
Mode
- Other
- Pressure-Mode Ventilator
- Volume-Mode Ventilation
- Combined-Mode Ventilation
Ventilator Type
- Pediatric Ventilators
- Neonatal Ventilators
- Adult Ventilators
Frequently Asked Questions
The South Korea Ventilator Market is segmented based on Segmentation Product Type,Modality,End User,Mode,Ventilator Type.
South Korea Ventilator Market was valued at USD 187.29(Revenue in USD Million) in 2022.
South Korea Ventilator Market is projected to grow at a CAGR of 9.15% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Ventilator Market for final year is USD 325.21 (USD Million).
South Korea Ventilator Market Company Profiling
Frequently Asked Questions
The South Korea Ventilator Market is segmented based on Segmentation Product Type,Modality,End User,Mode,Ventilator Type.
South Korea Ventilator Market was valued at USD 187.29(Revenue in USD Million) in 2022.
South Korea Ventilator Market is projected to grow at a CAGR of 9.15% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Ventilator Market for final year is USD 325.21 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.