South Korea Ultrasound Devices Market Size, Share, and COVID-19 Impact Analysis, By Type (Stationary Ultrasound, Portable Ultrasound), By Technology (2D Ultrasound Imaging, 3D and 4D Ultrasound Imaging, Doppler Imaging, High-intensity Focused Ultrasound), and South Korea Ultrasound Devices Market Insights, Industry Trend, Forecasts to 2035.

South Korea Ultrasound Devices Market Insights Forecasts to 2035

• The South Korea Ultrasound Devices Market Size was estimated at USD 151.3 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 3.85% from 2025 to 2035
• The South Korea Ultrasound Devices Market Size is Expected to Reach USD 229.3 Million by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Ultrasound Devices Market Size is Anticipated to reach USD 229.3 Million By 2035, Growing at a CAGR of 3.85% from 2025 to 2035. The rising incidence of chronic diseases and the increasing proportion of the geriatric population, the addition of two-dimensional (2D), three-dimensional (3D), and fourth-dimensional (4D) ultrasound machines, and the large-scale adoption of portable and handheld ultrasound machines, are some of the major market drivers.  

Market Overview

The South Korea ultrasound devices market refers to the production, manufacturing, and use of ultrasound equipment for therapeutic and medical imaging purposes. Such devices utilize high-frequency sound waves to create real-time images of inner body parts, helping diagnose and monitor different medical conditions. Additionally, the ongoing innovation of medical sonography technology and new product launches by leading market players are driving market growth in South Korea. The introduction of portable ultrasound machines has transformed point-of-care diagnostics, allowing timely diagnosis and treatment decisions in emergency cases. Such technological innovations have ensured that ultrasound devices are more accessible and easier to use, widening their usage in multiple specialties of medicine.

Report Coverage

This research report categorizes the market for the South Korea ultrasound devices market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea ultrasound devices 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 ultrasound devices market.

Driving Factors

The South Korean market is mostly propelled by the rising cases of chronic diseases and the South Korean geriatric population. Moreover, the growing need for highly advanced diagnostic equipment, such as ultrasound devices, enables medical professionals to make precise and prompt diagnoses, which drives the market growth. In addition, a number of technological advancements in the field of ultrasound led to improved imaging, including three-dimensional (3D) and (4D) ultrasound, with more detailed and extensive visualizations, counting as another key driver of growth.

Restraining Factors

Sophisticated ultrasound equipment, specifically those with 3D/4D imaging functions and Doppler functionalities, are very costly. The high cost may deter smaller hospitals and clinics from procuring the newest equipment, thereby restricting their use of advanced technologies.

The South Korea ultrasound devices market share is classified into type and technology

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

The South Korea ultrasound devices market is segmented by type into stationary ultrasound, portable ultrasound. Among these, the stationary ultrasound segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This supremacy is credited to the widespread use of fixed systems in large healthcare institutions, especially in radiology units, cardiology sections, and specialty imaging centers. These systems are favored for their higher quality images, more advanced features, and wide-ranging diagnostic functions. The growth of the segment also receives a boost from advances in imaging functions, integration with artificial intelligence, and increasing uses across different areas of medical specialties, such as cardiology, gynecology, and general imaging

• The 3D and 4D ultrasound imaging segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea ultrasound devices market is segmented by technology into 2D ultrasound imaging, 3D and 4D ultrasound imaging, doppler imaging, high-intensity focused ultrasound. Among these, the 3D and 4D ultrasound imaging segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. 3D and 4D ultrasound imaging are dominating the market in South Korea by market share at present, while segments such as handheld Doppler and HIFU are growing very fast, reflecting a move towards more mobile and non-invasive diagnostic and therapeutic solutions.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea ultrasound devices 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

• Canon Medical Systems Corporation
• SonoScape Medical Corp
• Fujifilm Holdings Corporation
• GE Healthcare
• Koninklijke Philips NV
• Mindray Medical International Limited
• Samsung Electronics Co. Ltd
• Esaote SpA
• Others
   

Recent Developments:

• In August 2023, ALPINION MEDICAL SYSTEMS Co., Ltd. introduced the X-CUBE i9, a lightweight ultrasound diagnostic device with two batteries and probe connectors, which significantly improved the efficiency and speed of examinations.

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea ultrasound devices market based on the below-mentioned segments:

South Korea Ultrasound Devices Market, By Type

• Stationary Ultrasound
• Portable Ultrasound

South Korea Ultrasound Devices Market, By Technology

• 2D Ultrasound Imaging
• 3D and 4D Ultrasound Imaging
• Doppler Imaging
• High-intensity Focused Ultrasound