1,000 South Korean won equals 0.74 U.S. dollars or 0.63 euros as of July 2025.
The source did not provide a date of publication. The date used here is the access date.
In order to calculate the size of the medical device market, the following formula was applied: Market size = (Production value) - (Export value) + (Import value)
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Medical device market size in South Korea 2014-2024
In 2024, the market size of the medical device market in South Korea fell to around trillion South Korean won. This represents a decrease of about *** percent compared to the previous year. Overall, this market has enjoyed steady growth over the past years, though that may be changing.
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KMDIA. (July 7, 2025). Size of the medical device market in South Korea from 2014 to 2024 (in trillion South Korean won) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/781193/south-korea-medical-device-market-size/
KMDIA. "Size of the medical device market in South Korea from 2014 to 2024 (in trillion South Korean won)." Chart. July 7, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/781193/south-korea-medical-device-market-size/
KMDIA. (2025). Size of the medical device market in South Korea from 2014 to 2024 (in trillion South Korean won). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/781193/south-korea-medical-device-market-size/
KMDIA. "Size of The Medical Device Market in South Korea from 2014 to 2024 (in Trillion South Korean Won)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 7 Jul 2025, /statistics/781193/south-korea-medical-device-market-size/
KMDIA, Size of the medical device market in South Korea from 2014 to 2024 (in trillion South Korean won) ÌÇÐÄÆƽâ°æ, /statistics/781193/south-korea-medical-device-market-size/ (last visited July 28, 2026)
Size of the medical device market in South Korea from 2014 to 2024 (in trillion South Korean won) [Graph], KMDIA, July 7, 2025. [Online]. Available: /statistics/781193/south-korea-medical-device-market-size/
