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South Korea Ophthalmic Devices Market Overview
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 540.0 Million
Market Forecast in 2033: USD 740.0 Million
Market Growth Rate: 3.1%(2025-2033)
According to the latest report by IMARC Group, the South Korea ophthalmic devices market size reached USD 540.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 740.0 Million by 2033, exhibiting a growth rate (CAGR) of 3.1% during 2025-2033.
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South Korea Ophthalmic Devices Industry Trends and Drivers:
Interest in eye health and progress in medical research are helping South Korea’s ophthalmic devices industry grow quickly. Aging society and more cases of vision problems are making contact lenses, intraocular lenses and diagnostic devices more in demand. With world-class healthcare and government backing for medical progress, this sector is very well-positioned. Greater knowledge and ease in seeing eye specialists is making more South Koreans interested in treating myopia, cataracts and glaucoma. Because of this market, both domestic and foreign companies are now here, boosting South Korea’s standing in eye care advancement.
Preventive care and changes in lifestyle are helping to change the market. More people living in cities, spending long hours watching screens and being aware of technology have caused a rise in the demand for eyeglasses and protective lenses. Orthopedics is also growing with more people choosing long-term solutions and surgical tools for cataract and refractive procedures are increasingly adopted. With new equipment, clinics and hospitals make sure their patients receive precise and efficient care. Because many people like stylish and useful eyewear and South Korean design is held in high esteem, the market grows even more. Because eye health is increasingly emphasized, the ophthalmic industry is changing with improved innovations and quality.
South Korea Ophthalmic Devices Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest South Korea Ophthalmic Devices Market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments
The report has segmented the market into the following categories:
Devices Insights:
Surgical Devices
Diagnostic and Monitoring Devices
Regional Insights:
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the South Korea Ophthalmic Devices industry.
Key highlights of the Report:
About Us:
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