Value of medical device production in South Korea 2004-2023

Published by Statista Research Department, Aug 8, 2024

In 2023, the value of medical device production in South Korea fell to around 11.3 trillion South Korean won. This represents a decrease compared to the previous year. While the value derived from the production of medical devices has been steadily rising over the past two decades, 2020 was the first time this figure surpassed 10 trillion won.

Value of medical device production in South Korea from 2004 to 2023 (in trillion South Korean won)

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Release date

June 2024

Region

South Korea

Survey time period

2004 to 2023

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.73 U.S. dollars or 0.68 euros as of August 2024.

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