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    South Korea Percutaneous Coronary Intervention Market

    ID: MRFR/HC/43693-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    South Korea Percutaneous Coronary Intervention Market Research Report By Product Type (Coronary Stents, Ballon Catheters, Coronary Guidewires, Guiding Catheters, Guiding Sheaths, Diagnostic Catheters, Crossing Catheters, Inflation Device, Guidance System, Peripheral Thrombectomy System, Embolic Protection System, Accessories), By Vascular Access (Radial, Femoral) and By End User (Hospitals Clinics, Ambulatory Surgical Centers, Others)-Forecast to 2035

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    South Korea Percutaneous Coronary Intervention Market Summary

    The South Korea Percutaneous Coronary Intervention market is projected to grow significantly from 234 USD Million in 2024 to 486 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Percutaneous Coronary Intervention Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 6.87% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 486 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 234 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced medical technologies due to increasing prevalence of cardiovascular diseases is a major market driver.

    Market Size & Forecast

    2024 Market Size 234 (USD Million)
    2035 Market Size 486 (USD Million)
    CAGR (2025-2035) 6.87%

    Major Players

    Terumo Corporation, Elekta, Johnson and Johnson, Boston Scientific, Siemens Healthineers, CathRx, Stryker Corporation, B. Braun Melsungen, Asahi Intecc, Abbott Laboratories, Medtronic, C. R. Bard, Cardinal Health, AngioDynamics, Cook Medical

    South Korea Percutaneous Coronary Intervention Market Trends

    The market for percutaneous coronary intervention (PCI) in South Korea is heavily impacted by the rising incidence of cardiovascular illnesses, which are mostly caused by aging populations and changes in lifestyle.

    The government has taken the initiative to support early intervention techniques, advance treatment alternatives, and fortify the healthcare system. Initiatives promoting the use of PCI technology, which are essential in lowering the risk of serious cardiovascular events, demonstrate this focus on enhancing heart health.

    As patients and healthcare professionals look to shorten recovery periods and hospital stays, recent trends indicate an increasing demand for less invasive procedures. Manufacturers are being prompted by this change to innovate and create cutting-edge catheter-based devices that improve patient outcomes and procedural efficiency.

    Furthermore, the use of digital technology, like telemedicine, in follow-up care after PCI is becoming increasingly popular, which is indicative of a larger movement in healthcare delivery toward more patient-centered methods.

    There are a lot of opportunities in the South Korean PCI industry, especially in the creation and launch of specialty devices for patients with complicated coronary artery disease or diabetes.

    Furthermore, partnerships between healthcare organizations and device makers are growing in importance as a result of government investments in health technology, which makes it possible to introduce novel solutions.

    To guarantee a competent workforce prepared to manage the changing landscape of cardiovascular treatments, improved training programs for medical professionals on the newest PCI procedures are also essential.

    Market Segment Insights

    South Korea Percutaneous Coronary Intervention Market Segment Insights

    South Korea Percutaneous Coronary Intervention Market Segment Insights

    Percutaneous Coronary Intervention Market Product Type Insights

    Percutaneous Coronary Intervention Market Product Type Insights

    The South Korea Percutaneous Coronary Intervention Market is a critical aspect of the country's healthcare industry, particularly in the context of cardiovascular diseases that significantly impact the population.

    The dynamic and diverse landscape of this market can be understood through its various product types, including the likes of Coronary Stents, Balloon Catheters, and a range of other specialized devices.

    Coronary Stents are pivotal as they provide structural support to keep arteries open following a PCI procedure, thereby reducing the risk of restenosis. The Balloon Catheters play a crucial role in the initial phase of angioplasty, facilitating the dilation of narrowed arteries, which is essential for enhancing blood flow.

    Additionally, Coronary Guidewires and Guiding Catheters are indispensable tools that assist interventional cardiologists in maneuvering within the vascular system, ensuring precision during procedures.

    Percutaneous Coronary Intervention Market Vascular Access Insights

    Percutaneous Coronary Intervention Market Vascular Access Insights

    The Vascular Access segment in the South Korea Percutaneous Coronary Intervention Market plays a crucial role in facilitating effective and efficient procedures in the cardiovascular clinical setting. With advancements in technology, there has been an increasing preference for the radial access route, which is widely recognized for its reduced risk of complications compared to femoral access.

    The ability to provide a more comfortable experience for patients and lower recovery times has led to its growing adoption among healthcare providers in South Korea.

    On the other hand, femoral access continues to dominate certain clinical scenarios where larger sheath sizes are required, ensuring its relevance in complex procedures. The South Korean healthcare system is investing heavily in training and education around these techniques, which further supports the market's growth.

    The high prevalence of cardiovascular diseases in the region underscores the importance of improving vascular access strategies as a component of the overall treatment landscape. Market trends show a shift towards less invasive methods, aligning with the global push for improved patient outcomes and safety within the South Korea Percutaneous Coronary Intervention Market.

    Percutaneous Coronary Intervention Market End User Insights

    Percutaneous Coronary Intervention Market End User Insights

    The South Korea Percutaneous Coronary Intervention Market is shaped significantly by its End User segment, which includes Hospitals, Clinics, Ambulatory Surgical Centers, and Others. In South Korea, hospital clinics are vital as they provide comprehensive cardiac care and advanced procedural capabilities required in percutaneous interventions.

    These facilities are typically well-equipped with the latest technologies and medical expertise, crucial in enhancing surgical outcomes. Ambulatory Surgical Centers emerge as a significant player, driven by the increasing preference for outpatient procedures that reduce hospital stays and facilitate faster recovery, ultimately reflecting a trend towards cost efficiency in healthcare delivery.

    Additionally, the 'Others' category encapsulates various healthcare frameworks catering to diverse patient needs, including specialty clinics and rehabilitation centers, emphasizing a growing inclination towards integrated healthcare solutions.

    Overall, the dynamics within the End User segment showcase a landscape that is increasingly aligned with patient-centric care approaches, contributing to the ongoing development of the South Korea Percutaneous Coronary Intervention Market.

    Get more detailed insights about South Korea Percutaneous Coronary Intervention Market Research Report-Forecast to 2035

    Key Players and Competitive Insights

    The South Korea Percutaneous Coronary Intervention Market is characterized by a dynamic landscape where various healthcare providers and medical device manufacturers compete to establish market presence and gain a competitive edge.

    The increase in cardiovascular diseases and the growing aging population have driven the demand for advanced interventional cardiology procedures, creating opportunities for companies to innovate and expand their offerings.

    As the healthcare system continues to evolve, strategic collaborations, technological advancements, and the introduction of new products play a pivotal role in shaping market competition. Companies in this domain are focusing on enhancing patient outcomes, improving procedural efficiency, and meeting regulatory standards to maintain their competitive advantage.

    Understanding the competitive dynamics within this market is essential for stakeholders aiming to navigate the complexities of evolving healthcare demands. Terumo Corporation holds a significant position in the South Korea Percutaneous Coronary Intervention Market, owing to its strong manufacturing capabilities and commitment to quality.

    The company is known for producing high-quality medical devices that are crucial for catheter-based interventions, including specialized guide wires, balloons, and stents tailored for cardiac procedures. Terumo Corporation's strengths lie in its robust research and development efforts, which enable continual innovation to meet the needs of healthcare professionals and patients alike.

    Furthermore, the company has established a solid distribution network across South Korea, enhancing its ability to deliver products efficiently to hospitals and clinics. Terumo Corporation's commitment to education and training for healthcare professionals further solidifies its reputation in the market, as it invests in initiatives that promote best practices in the use of its technology.

    Elekta is also a key player in the South Korea Percutaneous Coronary Intervention Market, although its focus primarily extends to innovative software solutions and advanced medical devices designed to aid in cancer treatment and other interventional procedures.

    The company provides an array of products that facilitate enhanced imaging and navigation capabilities, which are vital for precise interventions in the cardiovascular domain. With a strong market presence bolstered by partnerships and collaborations with local healthcare institutions, Elekta capitalizes on its expertise in the radiation oncology sector to expand its reach within the cardiology market.

    The company’s strengths lie in its commitment to research and development, which has led to several key innovations that support interventional cardiologists in their day-to-day practices. Elekta’s strategic approach to mergers and acquisitions also plays a vital role in augmenting its technological offerings, allowing it to integrate state-of-the-art solutions into its product line.

    This multifaceted strategy helps Elekta maintain a competitive edge while navigating the complexities of the South Korean market.

    Key Companies in the South Korea Percutaneous Coronary Intervention Market market include

    Industry Developments

    Recent developments in the South Korea Percutaneous Coronary Intervention (PCI) market showcase significant activity among leading players. Companies like Terumo Corporation and Boston Scientific are focusing on technological advancements to enhance patient outcomes, with new products emerging that facilitate safer procedures.

    In September 2023, Medtronic introduced an innovative stent that promises to reduce restenosis rates, marking a crucial step in PCI treatment.

    Current affairs indicate a growing demand for PCI procedures in South Korea due to an aging population and rising cardiovascular disease prevalence, driving market valuation upward. Asahi Intecc and Abbott Laboratories are expanding their portfolios to cater to this demand, significantly impacting market dynamics.

    In terms of mergers and acquisitions, Stryker Corporation announced the acquisition of CathRx in March 2023, aiming to enhance its product offerings in coronary intervention technologies. Such strategic moves illustrate the competitive landscape and the consolidation trend within the PCI sector.

    Over the past two years, regulatory support from the South Korean government has contributed positively to market expansion with initiatives promoting healthcare innovation. This landscape fosters collaboration among key players, including Elekta, Johnson Johnson, and B. Braun Melsungen, further shaping the competitive environment.

    Market Segmentation

    Outlook

    • Hospitals Clinics
    • Ambulatory Surgical Centers
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 212.67(USD Million)
    MARKET SIZE 2024 234.0(USD Million)
    MARKET SIZE 2035 486.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.87% (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 Million
    KEY COMPANIES PROFILED Terumo Corporation, Elekta, Johnson and Johnson, Boston Scientific, Siemens Healthineers, CathRx, Stryker Corporation, B. Braun Melsungen, Asahi Intecc, Abbott Laboratories, Medtronic, C. R. Bard, Cardinal Health, AngioDynamics, Cook Medical
    SEGMENTS COVERED Product Type, Vascular Access, End User
    KEY MARKET OPPORTUNITIES Growing elderly population, Increasing prevalence of heart diseases, Advancements in catheter technology, Rising healthcare expenditure, Government support for healthcare innovations
    KEY MARKET DYNAMICS Increasing cardiovascular diseases, Technological advancements, Aging population, Rising healthcare expenditure, Government healthcare initiatives
    COUNTRIES COVERED South Korea

    FAQs

    What is the expected market size of the South Korea Percutaneous Coronary Intervention Market in 2024?

    The South Korea Percutaneous Coronary Intervention Market is expected to be valued at 234.0 million USD in 2024.

    How much is the South Korea Percutaneous Coronary Intervention Market projected to grow by 2035?

    By 2035, the market is projected to grow to 486.0 million USD.

    What is the expected CAGR for the South Korea Percutaneous Coronary Intervention Market for the period 2025 to 2035?

    The market is expected to grow at a CAGR of 6.87% from 2025 to 2035.

    Which product type holds the largest market share in 2024 within the South Korea Percutaneous Coronary Intervention Market?

    Coronary Stents hold the largest market share, valued at 100.0 million USD in 2024.

    What is the projected market value for Balloon Catheters by 2035?

    By 2035, the market value for Balloon Catheters is projected to reach 130.0 million USD.

    Who are the major players in the South Korea Percutaneous Coronary Intervention Market?

    Major players include Terumo Corporation, Johnson and Johnson, Boston Scientific, and Medtronic among others.

    What is the expected market size for Coronary Guidewires in 2024?

    The market size for Coronary Guidewires is expected to be valued at 40.0 million USD in 2024.

    What is the estimated value of Guiding Sheaths in the market by 2035?

    The estimated value of Guiding Sheaths in the market by 2035 is 21.0 million USD.

    What opportunities exist in the South Korea Percutaneous Coronary Intervention Market during the forecast period?

    Opportunities include technological advancements and increasing adoption of minimally invasive procedures.

    How is the growth rate of the South Korea Percutaneous Coronary Intervention Market segmented by product type?

    The market growth rate is expected to be strong across all product segments, particularly stents and balloon catheters.

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