South Korea Ventilators Market to 2032

Overview

The South Korea Ventilators Market is expected to reach a 339.12 USD Million by 2032 and is projected to grow at a CAGR of 10.15% from 2025 to 2032.

Revenue, 2024 (USD Million)
185.51
Forecast, 2032 (USD Million)
339.12
CAGR, 2024 - 2032
10.15%
Report Coverage
South Korea

South Korea Ventilators Market 2018-2032 USD Million

South Korea Ventilators Market , Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 185.51 USD Million
  • Projected Market Size (2032): 339.12 USD Million
  • CAGR (2025-2032): 10.15%

Key Findings of South Korea Ventilators Market

  • The South Korea Ventilators Market was valued at 185.51 USD Million in 2024.
  • The South Korea Ventilators Market is likely to grow at a CAGR of 10.15% 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 174.94 USD Million
  • The fastest growing segment Adult Ventilators in Type Segment grew Fastest with a CAGR of 11.04% during the forecast period from 2024 to 2032.

South Korea Ventilators Market Scope

South Korea Ventilators Market Segmentation & Scope
Product
  • Neonatal Ventilators
  • Portable Ventilators
  • Intensive Care Ventilators
Modality
  • Invasive Ventilation
  • Non-Invasive Ventilation
End User
  • Ambulatory Surgery Centres
  • Rehabilition Centres
  • Long Term Care Centres
  • Homecare Settings
  • Speciality Clinics
  • Hospitals
Mode
  • Other
  • Pressure-Mode Ventilator
  • Volume-Mode Ventilation
  • Combined-Mode Ventilation
Type
  • Neonatal Ventilators
  • Pediatric Ventilators
  • Adult Ventilators

South Korea Ventilators Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 185.51 USD Million
Market Value in 2032 339.12 USD Million
CAGR (2025-2032) 10.15%
Historic Data 2016-2023
Market Segments Covered Product,Modality,End User,Mode,Type

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 185.51 USD Million in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 185.51 USD Million in 2024.

Segments and Scope

  • South Korea Ventilators Market to 2032, By Product
    • Intensive Care Ventilators is the largest segment in South Korea Ventilators Market to 2032 with a revenue of 110.96 USD Million in the year 2024.
    • Intensive Care Ventilators is the Fastest growing segment in South Korea Ventilators Market to 2032 with a Growth rate of 10.80 % in forecast period 2025-2032.
  • South Korea Ventilators Market to 2032, By Modality
    • Invasive Ventilation is the largest segment in South Korea Ventilators Market to 2032 with a revenue of 112.00 USD Million in the year 2024.
    • Invasive Ventilation is the Fastest growing segment in South Korea Ventilators Market to 2032 with a Growth rate of 9.61 % in forecast period 2025-2032.
  • South Korea Ventilators Market to 2032, By End User
    • Hospitals is the largest segment in South Korea Ventilators Market to 2032 with a revenue of 174.94 USD Million in the year 2024.
    • Hospitals is the Fastest growing segment in South Korea Ventilators Market to 2032 with a Growth rate of 10.28 % in forecast period 2025-2032.
  • South Korea Ventilators Market to 2032, By Mode
    • Combined-Mode Ventilation is the largest segment in South Korea Ventilators Market to 2032 with a revenue of 88.88 USD Million in the year 2024.
    • Combined-Mode Ventilation is the Fastest growing segment in South Korea Ventilators Market to 2032 with a Growth rate of 10.65 % in forecast period 2025-2032.
  • South Korea Ventilators Market to 2032, By Type
    • Adult Ventilators is the largest segment in South Korea Ventilators Market to 2032 with a revenue of 129.32 USD Million in the year 2024.
    • Adult Ventilators is the Fastest growing segment in South Korea Ventilators Market to 2032 with a Growth rate of 11.04 % in forecast period 2025-2032.

South Korea Ventilators Market Company Share Analysis

 
South Korea Ventilators Market  Company Share Analysis
South Korea Ventilators Market  Company Share Analysis

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

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

South Korea Ventilators Market Company Profiling

South Korea Ventilators Market  Company Profiling
Frequently Asked Questions
The South Korea Ventilators Market is segmented based on Segmentation Product,Modality,End User,Mode,Type.
South Korea Ventilators Market was valued at USD 185.51(Revenue in USD Million) in 2022.
South Korea Ventilators Market is projected to grow at a CAGR of 10.15% during the forecast period of 2024 to 2032.
The Hospitals segment is expected to dominate the South Korea Ventilators Market , holding a largest market share of 174.94 USD Million in 2024

South Korea Ventilators Market Scope

South Korea Ventilators Market Segmentation & Scope
Product
  • Neonatal Ventilators
  • Portable Ventilators
  • Intensive Care Ventilators
Modality
  • Invasive Ventilation
  • Non-Invasive Ventilation
End User
  • Ambulatory Surgery Centres
  • Rehabilition Centres
  • Long Term Care Centres
  • Homecare Settings
  • Speciality Clinics
  • Hospitals
Mode
  • Other
  • Pressure-Mode Ventilator
  • Volume-Mode Ventilation
  • Combined-Mode Ventilation
Type
  • Neonatal Ventilators
  • Pediatric Ventilators
  • Adult Ventilators
Frequently Asked Questions
The South Korea Ventilators Market is segmented based on Segmentation Product,Modality,End User,Mode,Type.
South Korea Ventilators Market was valued at USD 185.51(Revenue in USD Million) in 2022.
South Korea Ventilators Market is projected to grow at a CAGR of 10.15% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Ventilators Market for final year is USD 339.12 (USD Million).

South Korea Ventilators Market Company Profiling

South Korea Ventilators Market  Company Profiling
Frequently Asked Questions
The South Korea Ventilators Market is segmented based on Segmentation Product,Modality,End User,Mode,Type.
South Korea Ventilators Market was valued at USD 185.51(Revenue in USD Million) in 2022.
South Korea Ventilators Market is projected to grow at a CAGR of 10.15% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Ventilators Market for final year is USD 339.12 (USD Million).

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