South Korea Diagnostic Imaging Market to to Grow with a CAGR of 33.21% through 2030

Increasing incidences of chronic diseases and technological advancement is expected to drive the growth of South Korea Diagnostic Imaging Market in the forecast period 2026-2030.

According to TechSci Research report, “South Korea Diagnostic Imaging - By Region, Forecast and Opportunities, 2030F”, South Korea Diagnostic Imaging Market stood at USD 15.26 million in 2024 and is anticipated to grow with a CAGR of 33.21% in the forecast period through 2030. The market of diagnostic imaging is increasing in South Korea due to the growing geriatric population. Furthermore, the market growth is also influenced by the entry of new startup companies manufacturing diagnostic imaging devices by incorporating artificial intelligence and machine learning.

The market's expansion is impeded by the lack of radiologists and the high cost of diagnostic imaging devices. Nowadays, the population is more aware regarding the early detection and diagnosis of chronic disorders.

The South Korean market for diagnostic imaging has been significantly impacted by the COVID-19 outbreak. The severe need for COVID-19 testing and treatment took precedence during the pandemic, which temporarily reduced the number of imaging operations not related to COVID. To prioritize resources and lower the risk of transmission, many routine tests and elective operations were postponed or cancelled. The pandemic allowed patients to receive consultations and imaging examinations remotely, but it also hastened the implementation of telemedicine and remote imaging services. The pandemic also brought focus to the value of diagnostic imaging in identifying and tracking COVID-19 patients, which raised the demand for chest imaging, such as X-rays and CT scans.

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The South Korea Diagnostic Imaging Market is segmented into Type, Mobility, Source, Application, End User, Regional Distribution and.

Based on Type, Computed Tomography (CT) scanners are emerging as the fastest-growing segment in South Korea’s diagnostic imaging sector. CT technology is particularly valuable for its ability to provide detailed cross-sectional images of the body, which are essential in diagnosing complex conditions such as cancer, neurological disorders, and cardiovascular diseases. The rising prevalence of chronic illnesses has increased the demand for more precise and advanced imaging techniques, and CT scanners are well-suited to meet this need. Technological innovations, including faster scan times and lower radiation doses, have enhanced the safety and efficacy of CT imaging. Furthermore, the integration of artificial intelligence into CT imaging systems is improving diagnostic accuracy and workflow efficiency, allowing radiologists to deliver quicker and more reliable assessments. The South Korean government’s strategic investments in upgrading healthcare infrastructure have also facilitated the broader availability of high-performance CT scanners across both urban and regional medical institutions. As a result, CT imaging is rapidly gaining ground, driven by clinical demand and advancements in imaging technology.

Based on Region, Southern region is emerging as the fastest-growing area in South Korea's diagnostic imaging landscape. Cities such as Busan, Daegu, and Gwangju are witnessing rapid development in their healthcare sectors, fueled by local government initiatives, increased healthcare spending, and expanding private healthcare facilities. The Southern region is also becoming a focal point for regional medical tourism, especially in Busan, which is attracting international patients seeking affordable and high-quality diagnostic and therapeutic services. This influx is encouraging hospitals and clinics to invest in advanced imaging systems to improve diagnostic accuracy and patient outcomes.

Moreover, the Southern region is seeing increasing support from both local governments and the central government in terms of funding for healthcare infrastructure development. Several regional hospitals are undergoing modernization programs that include the procurement of high-end diagnostic imaging equipment such as 3D ultrasound, multi-slice CT, and digital mammography systems. Combined with a rising elderly population and growing awareness about early disease detection, these developments are contributing to an accelerated growth trajectory in the region. As a result, the Southern region is quickly positioning itself as a key contributor to the future expansion of the diagnostic imaging market in South Korea.

Major companies operating in South Korea Diagnostic Imaging Market are:

• FUJIFILM Holdings Corporation
• GE Healthcare Korea Co Ltd
• Koninklijke Philips N.V
• Siemens Healthineers
• Canon Medical Systems Korea
• F. Hoffmann-La Roche AG
• Bio-Rad Laboratories, Inc.
• Abbott Korea Ltd.
• Thermo Fisher Scientific, Inc.
• DR TECH CORP

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“In South Korea, the market for diagnostic imaging is expanding significantly due to several factors. Demand is being fueled by increasing awareness regarding early detection and diagnosis, which is being supported by public health efforts and an increased focus on preventative healthcare. Accuracy and efficiency are being improved by technological developments such as advanced imaging modalities and analytics powered by AI. However, there are also challenges, such as high expenses, infrastructural limits, and worries regarding data privacy. The diagnostic imaging market in South Korea will grow more rapidly if these issues are overcome and future trends like telemedicine and remote imaging services are properly taken advantage of.” said Mr. Karan Chechi, Research Director of TechSci Research, a research based global management consulting firm.

“South Korea Diagnostic Imaging Market By Type (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions), By Mobility (Portable v/s Standalone), By Source (Domestic v/s Import), By Application (Cardiology, Oncology, Neurology, Orthopaedics, Gastroenterology, Gynaecology, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others), By Region, Competition, Forecast and Opportunities, 2020-2030F”, has evaluated the future growth potential of South Korea Diagnostic Imaging Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in South Korea Diagnostic Imaging Market.

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