South Korea Telehealth Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware, Software, Services), By Application (Radiology, Cardiology, Primary Care, Neurophysiology, and Others), and South Korea Telehealth Market Insights, Industry Trend, Forecasts to 2035.

South Korea Telehealth Market Insights Forecasts to 2035

• The South Korea Telehealth Market Size was estimated at USD 2.66 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 12.59% from 2025 to 2035
• The South Korea Telehealth Market Size is Expected to Reach USD 9.8 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Telehealth Market is anticipated to reach USD 9.8 billion by 2035, growing at a CAGR of 12.59% from 2025 to 2035. Growing demand, particularly among older populations and in underserved areas, for remote healthcare services. Government assistance, better reimbursement guidelines, and a rise in the use of AI-powered platforms are hastening the integration of telemedicine in home care and hospital settings.

Market Overview

The South Korea telehealth market refers to the industry centered on providing remote healthcare services through digital technologies like wearable technology, mobile apps, video consultations, and AI-powered platforms is known as the South Korean telehealth market. Additionally, the telehealth market in South Korea is expanding quickly for a number of reasons. As healthcare becomes more patient-centered, doctors must provide telehealth services so that patients can contact medical professionals from the comfort of their homes. This trend is further supported by the South Korean government's marketing efforts for its digital health initiative and the expansion of telemedicine access regulations to underserved areas. There are many telehealth opportunities, especially in South Korea's underprivileged areas. Furthermore, a population that is tech-savvy and has a higher smartphone penetration rate helps telehealth services be quickly adopted, increasing access to healthcare. Telehealth is becoming more smoothly integrated into the conventional healthcare system, proving that it is a long-term solution for South Korea's healthcare future rather than merely a band-aid fix.

Report Coverage

This research report categorizes the market for the South Korea telehealth market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea telehealth 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 sub-segment of the South Korea telehealth market.

Driving Factors

The South Korean telehealth market industry is being greatly impacted by technological advancements, especially in the areas of artificial intelligence and mobile health applications. Better diagnostic capabilities and individualized care solutions are made possible by the growing integration of AI technology with telehealth platforms. More than 60% of healthcare providers are currently investigating AI-based telehealth applications to improve patient engagement and treatment efficiency, according to a study conducted by the Ministry of Science and ICT. Furthermore, well-known tech companies like LG Health care are at the forefront of telehealth technology advancements, guaranteeing that healthcare settings continue to be at the forefront of innovation. Telehealth services will advance in sophistication as technology develops further, providing South Korean patients with better care.

Restraining Factors

The national health insurance program in South Korea does not fully reimburse many telehealth services, which limits patient access and reduces provider profitability.

Market Segmentation

The South Korea telehealth market share is classified into component and Application.

• The services segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea telehealth market is segmented by component into hardware, software, and services. Among these, the services segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The convenience and accessibility of healthcare services, especially in the aftermath of COVID-19, has led to a significant increase in the use of telehealth. By integrating telehealth tools, healthcare providers can enhance service delivery methods and effectively serve a larger population. This is essential in a country where there is a need for easily accessible healthcare options and a high population density in urban areas.

• The primary care segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea telehealth market is segmented by application into radiology, cardiology, primary care, neurophysiology, and others. Among these, the primary care segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The broad use of virtual consultations for follow-up care, chronic disease management, and general health issues is what is causing this dominance. The market is benefited by widespread smartphone use, government-sponsored pilot projects, and the rising need for easily accessible healthcare among rural and elderly populations.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea telehealth 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 current news and developments of the companies, which includes 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

• Medihere Co.
• SK Telecom Co., Ltd.
• Ariacare Korea Co., Ltd.
• KT Corp
• OMNI C&S Inc.
• Promedius Inc.
• 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 Telehealth Market based on the below-mentioned segments:

• South Korea Telehealth Market, By Component
  • Hardware
  • Software
  • Services

• South Korea Telehealth Market, By Application
  • Radiology
  • Cardiology
  • Primary Care
  • Neurophysiology
  • others