Treatment of Cardiovascular Diseases - South Korea

  • South Korea
  • The revenue in the Treatment of Cardiovascular Diseases market in South Korea is expected to reach US$7.47bn in 2025.
  • Furthermore, it is projected to show an annual growth rate (CAGR 2025-2029) of 5.32%, resulting in a market volume of US$9.19bn by 2029.
  • When compared globally, United States is expected to generate the highest revenue of US$140.40bn in 2025.
  • South Korea is at the forefront of innovative cardiovascular treatments, with a strong focus on technological advancements and personalized medicine.

Key regions: Germany, France, Japan, Europe, India

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Currency

Revenue

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Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

Most recent update: Apr 2024

Source: Statista Market Insights

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Most recent update: Apr 2024

Source: Statista Market Insights

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Global Comparison

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Most recent update: Apr 2024

Source: Statista Market Insights

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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