IMARC Group's report titled "South Korea Ophthalmic Devices Market Report by Device (Surgical Devices, Diagnostic and Monitoring Devices), and Region 2024-2032". South Korea ophthalmic devices market size is projected to exhibit a growth rate (CAGR) of 4.50% during 2024-2032.
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The South Korea ophthalmic devices market is experiencing significant growth, primarily driven by the escalating occurrence of eye-related ailments, including cataracts, glaucoma, and diabetic retinopathy. Moreover, the growing geriatric population within the nation, who are more prone to ocular conditions, is further contributing to the market growth. Besides this, the rising awareness regarding ocular conditions and the wide array of available ophthalmic devices are encouraging individuals to seek prompt diagnosis and treatment, which is bolstering the demand for ophthalmic devices.
Apart from this, the South Korea ophthalmic devices market is further propelled by ongoing technological advancements and the growing integration of digital and laser technologies in eye care devices. Furthermore, numerous market players are introducing ophthalmic devices integrated with artificial intelligence, which aids in precise and efficient diagnosis and treatment. This, in turn, is acting as a major growth-inducing factor. Moreover, the rising preference for minimally invasive surgeries owing to their associated benefits, such as reduced recovery time and a lower risk of complications, is also stimulating market growth. Additionally, government initiatives and funding aimed at enhancing healthcare infrastructure and advancing treatments for eye and vision correction in South Korea are anticipated to offer significant growth opportunities to the market in the coming years.
South Korea Ophthalmic Devices Market Report Segmentation:
Devices Insights:
- Surgical Devices
- Glaucoma Devices
- Intraocular Lenses
- Lasers
- Others
- Diagnostic and Monitoring Devices
- Autorefractors and Keratometers
- Ophthalmic Ultrasound Imaging Systems
- Ophthalmoscopes
- Optical Coherence Tomography Scanners
- Others
Regional Insights:
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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