Key Insights

The South Korean Computed Tomography (CT) market, valued at $226.64 million in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 6.33% from 2025 to 2033. This expansion is fueled by several key factors. The increasing prevalence of chronic diseases like cancer and cardiovascular ailments necessitates advanced diagnostic imaging, boosting CT scan demand. Technological advancements, including multi-slice CT scanners with improved image quality and faster scan times, are also contributing to market growth. Furthermore, government initiatives promoting healthcare infrastructure development and increasing healthcare expenditure in South Korea are creating a favorable environment for market expansion. The market is segmented by type (low, medium, and high slice CT scanners), application (oncology, neurology, cardiovascular, musculoskeletal, and other applications), and end-user (hospitals and diagnostic centers). Hospitals currently represent the largest segment, reflecting the concentration of advanced imaging technology in major medical facilities. Competition is fierce, with key players like United Imaging, GE Healthcare, Siemens Healthineers, and Canon Medical Systems vying for market share through technological innovation and strategic partnerships.

The projected growth trajectory indicates a substantial increase in market size over the forecast period. While the specifics of segmental market shares within the application and type categories are not provided, logical estimations based on global trends would suggest that the oncology application segment will continue to dominate due to the high demand for precise cancer diagnosis. Similarly, high-slice CT scanners, offering superior image resolution and speed, are anticipated to hold a larger share compared to low- and medium-slice systems. The continued expansion of private diagnostic centers and a growing elderly population susceptible to age-related illnesses are expected to propel further market growth in the coming years. This positive outlook is tempered by potential restraints, including the high cost of CT scanners and the need for skilled technicians. However, the ongoing advancements in technology, coupled with supportive government policies, will likely mitigate these challenges.

Computed Tomography Market in South Korea: A Comprehensive Report (2019-2033)

This detailed report provides a comprehensive analysis of the Computed Tomography (CT) market in South Korea, covering the period from 2019 to 2033. It offers actionable insights for industry stakeholders, including manufacturers, distributors, healthcare providers, and investors. The report leverages extensive market research and data analysis to provide a clear understanding of market dynamics, growth drivers, challenges, and future opportunities.

Computed Tomography Market in South Korea Market Concentration & Innovation

The South Korean CT market exhibits a moderately concentrated landscape, with key players such as GE Healthcare, Siemens Healthineers AG, Canon Medical Systems Corporation (Toshiba Corporation), and Koninklijke Philips NV holding significant market share. The combined market share of these top four players is estimated at approximately 65% in 2025. Innovation is driven by advancements in image resolution, speed, and radiation dose reduction, alongside the integration of AI and machine learning for improved diagnostic accuracy. The regulatory framework, primarily overseen by the Ministry of Food and Drug Safety (MFDS), influences market access and product approvals. Product substitutes, such as Magnetic Resonance Imaging (MRI), compete for market share, particularly in specific applications. End-user trends show a preference for higher-slice CT scanners with advanced features, especially in larger hospitals and diagnostic centers. M&A activity in the South Korean CT market has been relatively moderate in recent years, with a few smaller deals focused on enhancing distribution networks and technological capabilities. Total M&A deal value over the past five years (2019-2024) is estimated at xx Million.

Computed Tomography Market in South Korea Industry Trends & Insights

The South Korean CT market is experiencing steady growth, driven by increasing prevalence of chronic diseases, rising healthcare expenditure, and government initiatives aimed at improving healthcare infrastructure. The compound annual growth rate (CAGR) during the historical period (2019-2024) was approximately xx%, and is projected to be xx% during the forecast period (2025-2033). This growth is further fueled by technological advancements, leading to improved image quality, faster scan times, and lower radiation doses. Consumer preferences are shifting towards high-end CT scanners with advanced features such as iterative reconstruction techniques and advanced imaging capabilities. The competitive landscape is characterized by intense competition among established players and emerging market entrants focusing on offering innovative and cost-effective solutions. Market penetration of multi-slice CT scanners is increasing steadily, with high-slice CT systems gaining significant traction.

Dominant Markets & Segments in Computed Tomography Market in South Korea

• Dominant Segment: The high-slice CT segment is the dominant market segment, driven by its superior image quality and diagnostic capabilities. The Oncology application segment is also a significant driver of market growth, followed by the Neurology and Cardiovascular segments. Hospitals are the largest end-users, due to their higher patient volume and advanced diagnostic capabilities.

• Key Drivers for High-Slice CT Segment:

  • Growing demand for precise and rapid diagnoses.
  • Technological advancements allowing for faster scans and higher resolution.
  • Increasing prevalence of chronic diseases like cancer and cardiovascular ailments.

• Key Drivers for Oncology Application:

  • Rising cancer incidence rates in South Korea.
  • Improved accuracy in cancer detection and staging.
  • Increased usage in radiation therapy planning.

• Key Drivers for Hospitals as End-Users:

  • Larger patient volumes requiring advanced diagnostic technology.
  • Ability to offer a wider range of diagnostic services.
  • Increased investment in state-of-the-art medical equipment.

The Seoul metropolitan area and other major urban centers are dominating the market, reflecting the higher concentration of healthcare infrastructure and specialists in these areas. Government policies promoting healthcare modernization and advancements in medical technology are further enhancing market growth.

Computed Tomography Market in South Korea Product Developments

Recent product developments in the South Korean CT market focus on enhancing image quality through advanced reconstruction techniques, reducing radiation dose with iterative reconstruction, and integrating AI-powered tools for automated analysis and improved diagnostic accuracy. Manufacturers are emphasizing ease of use, cost-effectiveness, and integration with existing hospital information systems to meet the evolving needs of healthcare providers. These advancements cater to the increasing demand for faster, more efficient, and accurate diagnostics in diverse clinical settings.

Report Scope & Segmentation Analysis

This report segments the South Korean CT market by type (low-slice, medium-slice, high-slice), application (oncology, neurology, cardiovascular, musculoskeletal, other applications), and end-user (hospitals, diagnostic centers, other end-users). Each segment is analyzed based on its historical and projected market size, growth rate, and competitive dynamics. For example, the high-slice CT segment is projected to experience robust growth, driven by advancements in technology and increasing demand for high-resolution images. Similarly, the oncology application segment shows significant growth potential due to the growing prevalence of cancer.

Key Drivers of Computed Tomography Market in South Korea Growth

The South Korean CT market's growth is primarily fueled by factors such as the increasing prevalence of chronic diseases, rising healthcare spending, and government investments in healthcare infrastructure. Advances in CT technology, such as AI-powered image analysis and dose reduction techniques, also contribute to market growth. Furthermore, supportive regulatory policies and the rising adoption of advanced imaging technologies in hospitals and diagnostic centers are key growth drivers.

Challenges in the Computed Tomography Market in South Korea Sector

Challenges include the high cost of CT scanners and associated maintenance, increasing competition among manufacturers, and the need for skilled technicians to operate and maintain the equipment. The regulatory landscape, though supportive, requires compliance with stringent guidelines, adding to operational complexities. Supply chain disruptions, particularly noticeable post-pandemic, have also presented challenges. These factors can affect market expansion and profitability.

Emerging Opportunities in Computed Tomography Market in South Korea

Emerging opportunities lie in the integration of artificial intelligence (AI) and machine learning (ML) for improved diagnostic accuracy and efficiency, development of portable or mobile CT scanners for improved accessibility, and expansion of services into underserved areas of the country. The increasing demand for minimally invasive procedures offers opportunities for CT-guided interventions. Furthermore, a focus on telemedicine could lead to new applications and market expansion.

Leading Players in the Computed Tomography Market in South Korea Market

• United Imaging
• GE Healthcare
• Siemens Healthineers AG
• Canon Medical Systems Corporation (Toshiba Corporation)
• Carestream Health
• Koninklijke Philips NV
• Planmeca Group (Planmed OY)

Key Developments in Computed Tomography Market in South Korea Industry

• March 2022: Philips Korea unveiled Greeting CT Premium at KIMES2022, showcasing advancements in CT technology.
• January 2022: Bayer AG's MEDRAD Centargo received MFDS approval, expanding treatment options.

Strategic Outlook for Computed Tomography Market in South Korea Market

The future of the South Korean CT market appears promising, driven by continued technological advancements, increasing prevalence of chronic diseases, and government support for healthcare modernization. Opportunities exist for companies to innovate in areas such as AI-driven diagnostics, mobile CT solutions, and service expansion. Focusing on improving affordability and accessibility while adhering to regulatory requirements will be crucial for sustained market growth.

Computed Tomography Market in South Korea Segmentation

• 1. Type
  • 1.1. Low Slice
  • 1.2. Medium Slice
  • 1.3. High Slice
• 2. Application
  • 2.1. Oncology
  • 2.2. Neurology
  • 2.3. Cardiovascular
  • 2.4. Musculoskeletal
  • 2.5. Other Applications
• 3. End User
  • 3.1. Hospitals
  • 3.2. Diagnostic Centers
  • 3.3. Other End Users

Computed Tomography Market in South Korea Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
• 2. South America
  • 2.1. Brazil
  • 2.2. Argentina
  • 2.3. Rest of South America
• 3. Europe
  • 3.1. United Kingdom
  • 3.2. Germany
  • 3.3. France
  • 3.4. Italy
  • 3.5. Spain
  • 3.6. Russia
  • 3.7. Benelux
  • 3.8. Nordics
  • 3.9. Rest of Europe
• 4. Middle East & Africa
  • 4.1. Turkey
  • 4.2. Israel
  • 4.3. GCC
  • 4.4. North Africa
  • 4.5. South Africa
  • 4.6. Rest of Middle East & Africa
• 5. Asia Pacific
  • 5.1. China
  • 5.2. India
  • 5.3. Japan
  • 5.4. South Korea
  • 5.5. ASEAN
  • 5.6. Oceania
  • 5.7. Rest of Asia Pacific