South Korea Digital Healthcare Market Size, Share, and COVID-19 Impact Analysis, By Digital Health Technology Outlook (Tele-Healthcare, M-Health, Healthcare Analytics, and Digital Health System), By Digital Health Component Outlook (Software, Hardware, and Services), By Digital Health Application Outlook (Cardiology, Diabetes, Neurology, Sleep Apnea, Oncology, Gastroenterology, and Others) and By Digital Health End User Outlook (Healthcare Providers, Healthcare Payers, and Others), and South Korea Digital Healthcare Market Insights, Industry Trend, Forecasts to 2035.
Industry: HealthcareSouth Korea Digital Healthcare Market Insights Forecasts to 2035
- The South Korea Digital Healthcare Market Size Was Estimated at USD 5.411 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 21.50% from 2025 to 2035
- The South Korea Digital Healthcare Market Size is Expected to Reach USD 46.09 Billion by 2035
Get more details on this report -
According to a research report published by Spherical Insights & Consulting, the South Korea Digital Healthcare Market Size is anticipated to reach USD 46.09 Billion by 2035, growing at a CAGR of 21.50% from 2025 to 2035. Technology breakthroughs and a strong government push for creative healthcare solutions are driving notable changes in the South Korean digital healthcare market. The need for easily available healthcare solutions is driving the growing use of telemedicine services, which is revolutionizing patient care.
Market Overview
The use of technology to enhance health and healthcare delivery, such as digital treatments, online consultations, and fitness aids, is included in the digital healthcare market. It makes use of digital technologies to improve the affordability, sustainability, and accessibility of healthcare services. Better results can be achieved by customizing therapies to meet the needs of each patient through the use of digital health technologies and big data analytics. Healthcare is now easier to access and more convenient thanks to smartphone apps, remote consultations, and on-demand services. Better patient outcomes are the result of proactive monitoring, real-time data availability, and enhanced patient-provider communication. For both patients and providers, preventive care, remote consultations, and effective processes can reduce overall healthcare expenses. Businesses now have a lot of opportunity to offer simple and easily accessible healthcare thanks to the growth of online healthcare platforms and remote consultations. In order to manage chronic illnesses, encourage wellbeing, and offer individualized care, mobile health apps are becoming more and more popular. Healthcare is becoming more efficient and accessible thanks to digital health efforts, particularly for people living in distant places. Government programs enable smooth communication between various healthcare providers and the sharing of medical records by establishing a digital health ecosystem.
Report Coverage
This research report categorizes the market for South Korea digital healthcare market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea digital healthcare market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each South Korea digital healthcare market sub-segment.
South Korea Digital Healthcare Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 5.411 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 21.50% |
2035 Value Projection: | USD 46.09 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 214 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Digital Health Technology Outlook (Tele-Healthcare, M-Health, Healthcare Analytics, and Digital Health System), By Digital Health Component Outlook (Software, Hardware, and Services), By Digital Health Application Outlook (Cardiology, Diabetes, Neurology, Sleep Apnea, Oncology, Gastroenterology, and Others) and By Digital Health End User Outlook (Healthcare Providers, Healthcare Payers, and Others) |
Companies covered:: | Lunit, Sky Labs, Nunaps, Dr. Now, Lemon Healthcare, Huray Positi, Jivaka Care, BlueSignum, Atommerce (MiNDCAFE), Asleep, INFINITT Healthcare, Seegene, and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The need for digital health technologies is being driven by the growing number of elderly people and the growing weight of chronic illnesses, which call for remote monitoring and management solutions. Patients and healthcare professionals may now use digital health apps, wearable technology, and telehealth services more easily thanks to the growing popularity of smartphones and better internet infrastructure. The market is expanding more quickly as a result of supporting rules and government initiatives encouraging the adoption of digital health. Advances in artificial intelligence, data analytics, and digital therapies are enhancing disease management, tailored treatment regimens, and diagnosis precision.
Restraining Factors
The for smaller healthcare companies, the initial outlay needed to install digital health solutions which includes software, hardware, and continuing maintenance can be a major obstacle. It is crucial to protect sensitive patient data, and worries about data breaches and cybersecurity risks may deter people from using digital health solutions. Patients and healthcare workers may be reluctant to embrace new technologies, particularly if the advantages are not readily apparent or if they are not adequately taught.
Market Segmentation
The South Korea digital healthcare market share is classified into digital health technology outlook, digital health component outlook, digital health application outlook, and digital health end-user outlook.
- The tele-healthcare segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea digital healthcare market is segmented by digital health technology outlook into tele-healthcare, m-health, healthcare analytics, and digital health system. Among these, the tele-healthcare segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Telehealthcare is unique because it may help patients in remote locations get the services, they need without having to travel far. This is especially important in a place like South Korea where there are healthcare inequalities between urban and rural areas.
- The software segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea digital healthcare market is segmented by digital health component outlook into software, hardware, and services. Among these, the software segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Software solutions are widely available and facilitate electronic health records, telemedicine, and simplified patient administration, all of which improve operational efficiency.
- The cardiology segment held a dominated share in 2024 and is expected to grow at a substantial CAGR during the forecast period.
The South Korea digital healthcare market is segmented by digital health application outlook into cardiology, diabetes, neurology, sleep apnea, oncology, gastroenterology, and others. The cardiology segment held a dominated share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The management of cardiovascular illnesses, which continue to be a major health concern, makes cardiology applications important.
- The healthcare providers segment held a majority share in 2024 and is expected to grow at a substantial CAGR during the forecast period.
The South Korea digital healthcare market is segmented by digital health end-user outlook into healthcare providers, healthcare payers, and others. The healthcare providers segment held a majority share in 2024 and is expected to grow at a substantial CAGR during the forecast period. In this context, healthcare providers play a crucial role as they use digital tools more frequently to improve patient care, expedite processes, and achieve better results. The way services are provided is changing as a result of the integration of wearable technology, electronic health records, and telemedicine.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea digital healthcare market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Lunit
- Sky Labs
- Nunaps
- Dr. Now
- Lemon Healthcare
- Huray Positi
- Jivaka Care
- BlueSignum
- Atommerce (MiNDCAFE)
- Asleep
- INFINITT Healthcare
- Seegene
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea digital healthcare market based on the below-mentioned segments:
South Korea Digital Healthcare Market, By Digital Health Technology Outlook
- Tele-Healthcare
- M-Health
- Healthcare Analytics
- Digital Health System
South Korea Digital Healthcare Market, By Digital Health Component Outlook
- Software
- Hardware
- Services
South Korea Digital Healthcare Market, By Digital Health Application Outlook
- Cardiology
- Diabetes
- Neurology
- Sleep Apnea
- Oncology
- Gastroenterology
- Others
South Korea Digital Healthcare Market, By Digital Health End User Outlook
- Healthcare Providers
- Healthcare Payers
- Others
Need help to buy this report?