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    South Korea Emergency Medical Device Services Market

    ID: MRFR/HC/42223-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    South Korea Emergency Medical Services Market Research Report: By Emergency Medical Services End User Outlook (Hospitals Trauma Centers, Ambulatory Surgical Centers) and By Emergency Medical Services Application Outlook (Cardiac Care, Trauma Injuries, Respiratory Care) - Forecast to 2035

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    South Korea Emergency Medical Services Market Research Report — Forecast till 2035 Infographic
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    Table of Contents

    South Korea Emergency Medical Device Services Market Summary

    The South Korea Emergency Medical Device Services Market is projected to grow from 2500 USD Million in 2024 to 5000 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Emergency Medical Device Services Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 6.5 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 5000 USD Million, doubling from its 2024 value.
    • The market is currently valued at 2500 USD Million, indicating a robust growth trajectory.
    • Growing adoption of advanced medical technologies due to increasing healthcare demands is a major market driver.

    Market Size & Forecast

    2024 Market Size 2500 (USD Million)
    2035 Market Size 5000 (USD Million)
    CAGR (2025 - 2035) 6.5%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    South Korea Emergency Medical Device Services Market Trends

    The South Korean Emergency Medical Device Services Market is undergoing major changes as a result of a number of important market factors. One of the key factors is the growing need for innovative medical gadgets that improve patient outcomes in emergencies. The government's emphasis on strengthening healthcare infrastructure and expanding investment in emergency response systems is accelerating the market's expansion. The South Korean government has launched a number of projects targeted at improving emergency services and incorporating sophisticated technology, providing an important foundation for the market's growth.

    Several chances for growth in the South Korean emergency medical equipment business have emerged as a result of these changes.

    For example, integrating telemedicine into emergency services creates a significant possibility to deliver rapid medical treatment, especially in remote places. Furthermore, continuous advances in artificial intelligence and IoT-based technologies can increase device functionality, providing greater diagnostic tools and remote monitoring capabilities tailored to the specific needs of South Korean healthcare. In recent years, there has been a noticeable tendency among emergency responders to adopt portable and easy-to-use medical gadgets. In South Korea, the emphasis on rapid reaction and efficient patient treatment has resulted in increasing investment in portable technology that allows for speedy and effective medical intervention.

    Moreover, collaborations between tech firms and healthcare providers are becoming common, indicating a shift toward a more integrated approach to emergency medical services. The push for regulatory reforms to streamline the approval process for new medical devices also reflects the urgent need for timely solutions in emergency care. Overall, these trends highlight the dynamic nature of the South Korean Emergency Medical Services market, reflecting the country’s commitment to enhancing its healthcare capabilities in critical situations.

    The South Korean emergency medical device services market is poised for growth, driven by advancements in technology and an increasing emphasis on rapid response capabilities in healthcare.

    Ministry of Health and Welfare, South Korea

    South Korea Emergency Medical Device Services Market Drivers

    Market Charts

    Technological Advancements

    The Global South Korea Emergency Medical Device Services Market Industry is experiencing rapid technological advancements, which are enhancing the efficiency and effectiveness of emergency medical services. Innovations such as telemedicine, portable diagnostic devices, and advanced monitoring systems are becoming increasingly prevalent. These technologies enable healthcare professionals to provide timely and accurate care, potentially improving patient outcomes. As a result, the market is projected to grow from 2500 USD Million in 2024 to 5000 USD Million by 2035, reflecting a compound annual growth rate (CAGR) of 6.5% from 2025 to 2035. This growth underscores the importance of integrating cutting-edge technology into emergency medical services.

    Rising Awareness of Health Issues

    There is a growing awareness of health issues among the South Korean population, which is positively influencing the Global South Korea Emergency Medical Device Services Market Industry. Public health campaigns and educational programs are fostering a better understanding of emergency medical services and the importance of timely intervention. This heightened awareness is leading to increased utilization of emergency services, thereby driving market growth. As the population becomes more proactive about health, the demand for advanced medical devices and services is expected to rise, contributing to the market's projected growth from 2500 USD Million in 2024 to 5000 USD Million by 2035.

    Government Support and Regulations

    Government support plays a pivotal role in shaping the Global South Korea Emergency Medical Device Services Market Industry. Regulatory frameworks and funding initiatives are being established to enhance the quality and accessibility of emergency medical services. For instance, the South Korean government has implemented policies aimed at improving emergency response times and increasing the availability of advanced medical devices. Such initiatives not only bolster the market but also ensure that emergency medical services are equipped with the necessary tools to respond effectively to crises. This supportive environment is likely to contribute to the market's growth, projected to reach 5000 USD Million by 2035.

    Increasing Demand for Emergency Services

    The Global South Korea Emergency Medical Device Services Market Industry is witnessing a surge in demand for emergency medical services, driven by a growing population and an increase in chronic diseases. As the population ages, the need for immediate medical attention becomes more critical, leading to a higher utilization of emergency services. This trend is further supported by government initiatives aimed at improving healthcare access and response times. The market's expansion is evident as it is expected to reach 5000 USD Million by 2035, indicating a robust growth trajectory. This heightened demand necessitates the continuous evolution of emergency medical devices and services.

    Market Segment Insights

    Get more detailed insights about South Korea Emergency Medical Services Market Research Report — Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Emergency Medical Services Market is characterized by a dynamic competitive landscape driven by advancements in technology, increasing demand for efficient healthcare solutions, and stringent regulations governing medical devices. This market is poised for growth, fueled by innovations aimed at improving patient care and response times in emergencies. As the healthcare landscape in South Korea evolves, players within the emergency medical device segment are increasingly focusing on enhancing their service capabilities, product offerings, and operational efficiencies to maintain a competitive edge.

    The integration of telemedicine, smart technology, and real-time data analytics is becoming a crucial aspect of emerging medical devices, leading to a more robust service framework that enhances the overall patient experience. Korea Medsystem stands out in the South Korea Emergency Medical Services Market due to its strong emphasis on providing high-quality medical devices and services tailored to emergency medical situations. The company has developed a reputation for reliability and innovation, offering products that meet stringent quality standards.

    Furthermore, Korea Medsystem benefits from its extensive distribution network and partnerships within the local healthcare ecosystem, allowing for rapid response to market demands. Its commitment to research and development has positioned Korea Medsystem as a frontrunner in delivering cutting-edge emergency medical solutions. The company's ability to adapt to regulatory changes and leverage local market knowledge enhances its competitive position, making it a key player in the South Korean market. SPM (Smart Patient Management) plays a significant role in the South Korea Emergency Medical Services Market by introducing innovative solutions that optimize patient management during emergencies.

    The company specializes in telemedical devices and emergency response systems, aiming to facilitate real-time communication between healthcare providers and patients in distress. SPM stands out with its unique products, including smart monitoring devices that enable timely interventions and data-driven decision-making. The company's strengths lie in its focus on integrating advanced technology with practical emergency response strategies, providing valuable services to healthcare institutions. SPM has also pursued strategic mergers and partnerships to enhance its market presence, allowing the company to expand its capabilities and product offerings tailored specifically to the needs of the South Korean healthcare system.

    Such strategic initiatives have solidified SPM's position as a trusted player in the emergency medical device ecosystem.

    Key Companies in the South Korea Emergency Medical Device Services Market market include

    Industry Developments

    Recent developments in the South Korea Emergency Medical Services Market indicate a surge in technological innovation and increased collaborations among key players. Companies like Korea Medsystem and Samsung Medison have been enhancing their product offerings to include advanced diagnostic and monitoring capabilities. In August 2023, MediSolutions announced a partnership with Daejeon Health System to develop a more efficient medical response framework, which aims to improve emergency care across the region. Additionally, in July 2023, Neurosoft introduced a new neuro-monitoring device, elevating standards of patient care during emergencies. These advancements reflect a growing focus on improving patient outcomes through technology.

    In terms of mergers and acquisitions, CureMed is reported to have acquired Hanil Hospital in June 2023, which strengthens their operational capabilities and expands their market reach. Meanwhile, Lunit has been actively investing in research and development, contributing to the ongoing innovations within the sector. The past two years have also seen MediFly increasing its market share by 25% due to heightened demand for efficient emergency response solutions, showcasing a vital growth trend in this area. Overall, the market is adapting rapidly to create a robust emergency medical services framework, driven largely by technological advancements and strategic alliances.

    Future Outlook

    South Korea Emergency Medical Device Services Market Future Outlook

    The South Korea Emergency Medical Device Services Market is projected to grow at a 6.5% CAGR from 2024 to 2035, driven by technological advancements, increasing healthcare demands, and regulatory support.

    New opportunities lie in:

    • Develop telemedicine integration for emergency services to enhance patient care.
    • Invest in AI-driven diagnostic tools to streamline emergency response efficiency.
    • Expand partnerships with local hospitals for advanced training in emergency device usage.

    By 2035, the market is expected to be robust, characterized by innovation and enhanced service delivery.

    Market Segmentation

    Emergency Medical Services Market Emergency Medical Services End User Outlook

    • Hospitals Trauma Centers 
    • Ambulatory Surgical Centers

    Emergency Medical Services Market Emergency Medical Services Application Outlook

    • Cardiac Care
    • Trauma Injuries
    • Respiratory Care

    Emergency Medical Services Market Emergency Medical Services End User Outlook Insights  

    Emergency Medical Services Market Emergency Medical Services Application Outlook Insights  

    • Korea Medsystem
    • SPM (Smart Patient Management)
    • CureMed
    • Innoswitch
    • Neurosoft
    • MediSolutions
    • Hanil Hospital
    • Medical Devices and  Technology
    • Geomastech
    • Samsung Medison
    • MediFly
    • Sungwon Medical
    • Daejeon Health System
    • Hana Technology
    • Lunit

    Report Scope

    Report Attribute/Metric Details
    Market Size 2018 0.89 (USD Billion)
    Market Size 2024 0.93 (USD Billion)
    Market Size 2035 1.76 (USD Billion)
    Compound Annual Growth Rate (CAGR) 6.09% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Korea Medsystem, SPM (Smart Patient Management), CureMed, Innoswitch, Neurosoft, MediSolutions, Hanil Hospital, Medical Devices  and  Technology, Geomastech, Samsung Medison, MediFly, Sungwon Medical, Daejeon Health System, Hana Technology, Lunit
    Segments Covered Emergency Medical Services End User Outlook, Emergency Medical Services Application Outlook
    Key Market Opportunities Aging population healthcare demand, Advanced telemedicine integration, Smart emergency response solutions, AI-driven diagnostic tools, Government healthcare funding initiatives
    Key Market Dynamics Aging population, Rising healthcare expenditure, Technological advancements, Increasing demand for ambulance services, Government regulations and policies
    Countries Covered South Korea

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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    FAQs

    What is the expected market size of the South Korea Emergency Medical Services Market in 2024?

    The expected market size of the South Korea Emergency Medical Device Services Market in 2024 is valued at 0.93 USD Billion

    What is the projected market size for the South Korea Emergency Medical Services Market by 2035?

    The projected market size for the South Korea Emergency Medical Device Services Market by 2035 is expected to reach 1.76 USD Billion.

    What is the expected compound annual growth rate (CAGR) for the South Korea Emergency Medical Services Market from 2025 to 2035?

    The expected CAGR for the South Korea Emergency Medical Device Services Market from 2025 to 2035 is 6.09%.

    Which segment has the largest market size in the South Korea Emergency Medical Services Market in 2024?

    In 2024, the Hospitals Trauma Centers segment has the largest market size at 0.55 USD Billion

    What is the market value of the Ambulatory Surgical Centers segment in the South Korea Emergency Medical Services Market in 2024?

    The market value of the Ambulatory Surgical Centers segment is 0.38 USD Billion in 2024.

    Who are the key players in the South Korea Emergency Medical Services Market?

    Key players in the South Korea Emergency Medical Device Services Market include Korea Medsystem, SPM, CureMed, and Samsung Medison, among others.

    What is the expected market value for Hospitals Trauma Centers by 2035?

    The expected market value for Hospitals Trauma Centers by 2035 is 1.05 USD Billion

    What opportunities exist in the South Korea Emergency Medical Services Market?

    Emerging trends and advancements in technology provide significant opportunities in the South Korea Emergency Medical Device Services Market.

    What challenges does the South Korea Emergency Medical Services Market currently face?

    The South Korea Emergency Medical Device Services Market faces challenges related to regulatory compliance and the rapid pace of technological changes.

    How does the South Korea Emergency Medical Services Market growth rate compare between different segments?

    The growth rate of the South Korea Emergency Medical Device Services Market varies, with Hospitals Trauma Centers expected to grow prominently as compared to other segments through to 2035.

    1. \n1.3. Market Segmentation \n1.4. Competitive Landscape \n1.5. Challenges and Opportunities
    2. \n1.6. Future Outlook \n2. MARKET INTRODUCTION \n2.1. Definition \n2.2. Scope of the study \n2.2.1. Research Objective \n2.2.2. Assumption \n2.2.3. Limitations \n3.
    3. RESEARCH METHODOLOGY \n3.1. Overview \n3.2. Data Mining \n3.3. Secondary Research
    4. \n3.4. Primary Research \n3.4.1. Primary Interviews and Information Gathering Process
    5. \n3.4.2. Breakdown of Primary Respondents \n3.5. Forecasting Model \n3.6. Market
    6. Size Estimation \n3.6.1. Bottom-Up Approach \n3.6.2. Top-Down Approach \n3.7. Data
    7. Triangulation \n3.8. Validation \n4. MARKET DYNAMICS \n4.1. Overview \n4.2. Drivers
    8. \n4.3. Restraints \n4.4. Opportunities \n5. MARKET FACTOR ANALYSIS \n5.1. Value
    9. chain Analysis \n5.2. Porter's Five Forces Analysis \n5.2.1. Bargaining Power of
    10. Suppliers \n5.2.2. Bargaining Power of Buyers \n5.2.3. Threat of New Entrants \n5.2.4.
    11. Threat of Substitutes \n5.2.5. Intensity of Rivalry \n5.3. COVID-19 Impact Analysis
    12. \n5.3.1. Market Impact Analysis \n5.3.2. Regional Impact \n5.3.3. Opportunity and
    13. Threat Analysis \n6. SOUTH KOREA Emergency Medical Services MARKET, BY EMERGENCY
    14. MEDICAL SERVICES END USER OUTLOOK (USD BILLION) \n6.1. Hospitals Trauma Centers
    15. \n6.2. Ambulatory Surgical Centers \n7. SOUTH KOREA Emergency Medical Services MARKET,
    16. BY EMERGENCY MEDICAL SERVICES APPLICATION OUTLOOK (USD BILLION) \n7.1. Cardiac Care
    17. \n7.2. Trauma Injuries \n7.3. Respiratory Care \n8. COMPETITIVE LANDSCAPE \n8.1.
    18. Overview \n8.2. Competitive Analysis \n8.3. Market share Analysis \n8.4. Major Growth
    19. Strategy in the Emergency Medical Services Market \n8.5. Competitive Benchmarking
    20. \n8.6. Leading Players in Terms of Number of Developments in the Emergency Medical
    21. Services Market \n8.7. Key developments and growth strategies \n8.7.1. New Product
    22. Launch/Service Deployment \n8.7.2. Merger Acquisitions \n8.7.3. Joint Ventures \n8.8.
    23. Major Players Financial Matrix \n8.8.1. Sales and Operating Income \n8.8.2. Major
    24. Players RD Expenditure. 2023 \n9. COMPANY PROFILES \n9.1. Korea Medsystem \n9.1.1.
    25. Financial Overview \n9.1.2. Products Offered \n9.1.3. Key Developments \n9.1.4.
    26. SWOT Analysis \n9.1.5. Key Strategies \n9.2. SPM (Smart Patient Management) \n9.2.1.
    27. Financial Overview \n9.2.2. Products Offered \n9.2.3. Key Developments \n9.2.4.
    28. SWOT Analysis \n9.2.5. Key Strategies \n9.3. CureMed \n9.3.1. Financial Overview
    29. \n9.3.2. Products Offered \n9.3.3. Key Developments \n9.3.4. SWOT Analysis \n9.3.5.
    30. Key Strategies \n9.4. Innoswitch \n9.4.1. Financial Overview \n9.4.2. Products Offered
    31. \n9.4.3. Key Developments \n9.4.4. SWOT Analysis \n9.4.5. Key Strategies \n9.5.
    32. Neurosoft \n9.5.1. Financial Overview \n9.5.2. Products Offered \n9.5.3. Key Developments
    33. \n9.5.4. SWOT Analysis \n9.5.5. Key Strategies \n9.6. MediSolutions \n9.6.1. Financial
    34. Overview \n9.6.2. Products Offered \n9.6.3. Key Developments \n9.6.4. SWOT Analysis
    35. \n9.6.5. Key Strategies \n9.7. Hanil Hospital \n9.7.1. Financial Overview \n9.7.2.
    36. Products Offered \n9.7.3. Key Developments \n9.7.4. SWOT Analysis \n9.7.5. Key Strategies
    37. \n9.8. Medical Devices and Technology \n9.8.1. Financial Overview \n9.8.2. Products
    38. Offered \n9.8.3. Key Developments \n9.8.4. SWOT Analysis \n9.8.5. Key Strategies
    39. \n9.9. Geomastech \n9.9.1. Financial Overview \n9.9.2. Products Offered \n9.9.3.
    40. Key Developments \n9.9.4. SWOT Analysis \n9.9.5. Key Strategies \n9.10. Samsung
    41. Medison \n9.10.1. Financial Overview \n9.10.2. Products Offered \n9.10.3. Key Developments
    42. \n9.10.4. SWOT Analysis \n9.10.5. Key Strategies \n9.11. MediFly \n9.11.1. Financial
    43. Overview \n9.11.2. Products Offered \n9.11.3. Key Developments \n9.11.4. SWOT Analysis
    44. \n9.11.5. Key Strategies \n9.12. Sungwon Medical \n9.12.1. Financial Overview \n9.12.2.
    45. Products Offered \n9.12.3. Key Developments \n9.12.4. SWOT Analysis \n9.12.5. Key
    46. Strategies \n9.13. Daejeon Health System \n9.13.1. Financial Overview \n9.13.2.
    47. Products Offered \n9.13.3. Key Developments \n9.13.4. SWOT Analysis \n9.13.5. Key
    48. Strategies \n9.14. Hana Technology \n9.14.1. Financial Overview \n9.14.2. Products
    49. Offered \n9.14.3. Key Developments \n9.14.4. SWOT Analysis \n9.14.5. Key Strategies
    50. \n9.15. Lunit \n9.15.1. Financial Overview \n9.15.2. Products Offered \n9.15.3.
    51. Key Developments \n9.15.4. SWOT Analysis \n9.15.5. Key Strategies \n10. APPENDIX
    52. \n10.1. References \n10.2. Related Reports \nLIST OF TABLES\n\nTABLE 1. LIST OF
    53. ASSUMPTIONS \nTABLE 2. SOUTH KOREA Emergency Medical Services MARKET SIZE ESTIMATES
    54. & FORECAST, BY EMERGENCY MEDICAL SERVICES END USER OUTLOOK, 2019-2035 (USD BILLIONS)
    55. \nTABLE 3. SOUTH KOREA Emergency Medical Services MARKET SIZE ESTIMATES & FORECAST,
    56. BY EMERGENCY MEDICAL SERVICES APPLICATION OUTLOOK, 2019-2035 (USD BILLIONS) \nTABLE
    57. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL \nTABLE 5. ACQUISITION/PARTNERSHIP
    58. \n\nLIST OF FIGURES\n\nFIGURE 1. MARKET SYNOPSIS \nFIGURE 2. SOUTH KOREA Emergency
    59. Medical Services MARKET ANALYSIS BY EMERGENCY MEDICAL SERVICES END USER OUTLOOK
    60. \nFIGURE 3. SOUTH KOREA Emergency Medical Services MARKET ANALYSIS BY EMERGENCY
    61. MEDICAL SERVICES APPLICATION OUTLOOK \nFIGURE 4. KEY BUYING CRITERIA OF Emergency
    62. Medical Services MARKET \nFIGURE 5. RESEARCH PROCESS OF MRFR \nFIGURE 6. DRO ANALYSIS
    63. OF Emergency Medical Services MARKET \nFIGURE 7. DRIVERS IMPACT ANALYSIS: Emergency
    64. Medical Services MARKET \nFIGURE 8. RESTRAINTS IMPACT ANALYSIS: Emergency Medical
    65. Services MARKET \nFIGURE 9. SUPPLY / VALUE CHAIN: Emergency Medical Services MARKET
    66. \nFIGURE 10. Emergency Medical Services MARKET, BY EMERGENCY MEDICAL SERVICES END
    67. USER OUTLOOK, 2024 (% SHARE) \nFIGURE 11. Emergency Medical Services MARKET, BY
    68. EMERGENCY MEDICAL SERVICES END USER OUTLOOK, 2019 TO 2035 (USD Billions) \nFIGURE
    69. Emergency Medical Services MARKET, BY EMERGENCY MEDICAL SERVICES APPLICATION
    70. OUTLOOK, 2024 (% SHARE) \nFIGURE 13. Emergency Medical Services MARKET, BY EMERGENCY
    71. MEDICAL SERVICES APPLICATION OUTLOOK, 2019 TO 2035 (USD Billions) \nFIGURE 14. BENCHMARKING
    72. OF MAJOR COMPETITORS

    South Korea Emergency Medical Services Market Segmentation

    • Emergency Medical Services Market By Emergency Medical Services End User Outlook (USD Billion, 2019-2035)
      • Hospitals Trauma Centers  
      • Ambulatory Surgical Centers
    • Emergency Medical Services Market By Emergency Medical Services Application Outlook (USD Billion, 2019-2035)
      • Cardiac Care
      • Trauma Injuries
      • Respiratory Care

     

     

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