Digital Health - South Korea

  • South Korea
  • The Digital Health market in South Korea is anticipated to witness a significant growth in revenue, reaching €3.17bn by 2024.
  • Furthermore, it is expected to exhibit a compound annual growth rate (CAGR) of 4.57% from 2024 to 2028, resulting in a projected market volume of €3.79bn by 2028.
  • The average revenue per user (ARPU) is estimated to be €91.65.
  • When compared globally, in China is expected to generate the highest revenue in the Digital Health market, amounting to €48,520.00m in 2024.
  • However, it is worth noting that South Korea's Digital Health market is also expected to make a substantial contribution to the industry.
  • Among the various segments within the Digital Health market, Digital Fitness & Well-Being is projected to be the largest market segment in South Korea, with a total revenue value of €1.53bn in 2024.
  • This segment encompasses a range of digital health solutions aimed at promoting fitness and overall well-being.
  • These numbers highlight the promising potential and growth prospects of the Digital Health market in South Korea, positioning it as a key player in the global landscape.
  • South Korea is leading the way in digital health with its advanced telemedicine infrastructure and high adoption of health monitoring wearables.

Key regions: United States, China, Japan, Asia, Europe

Comparación de regiones

Analyst Opinion

The Digital Health market is experiencing significant growth due to the increasing demand for healthcare solutions that provide convenience, accessibility, and improved patient outcomes. Customer preferences: Customers in the Digital Health market are increasingly seeking solutions that allow them to access healthcare services remotely, such as telemedicine and remote patient monitoring. They also prefer digital solutions that provide personalized and proactive healthcare, such as wearable devices and mobile health apps. Trends in the market: One of the major trends in the Digital Health market is the adoption of telemedicine services. Telemedicine allows patients to consult with healthcare professionals remotely, reducing the need for in-person visits and providing convenience. This trend has been accelerated by the COVID-19 pandemic, as it has highlighted the importance of remote healthcare services. Another trend in the market is the increasing use of wearable devices for health monitoring. These devices, such as fitness trackers and smartwatches, allow individuals to track their physical activity, heart rate, sleep patterns, and other health metrics. The data collected by these devices can be used by healthcare professionals to monitor patients remotely and provide personalized healthcare recommendations. Local special circumstances: In certain countries, the Digital Health market is influenced by local regulations and infrastructure. For example, in countries with limited access to healthcare facilities, digital health solutions can provide a means for individuals to access healthcare services remotely. In addition, countries with aging populations may have a higher demand for digital health solutions that can help manage chronic conditions and provide remote monitoring. Underlying macroeconomic factors: The growth of the Digital Health market is driven by several macroeconomic factors. One of the key factors is the increasing healthcare expenditure worldwide. As healthcare costs rise, there is a growing need for cost-effective solutions that can improve healthcare outcomes and reduce the burden on healthcare systems. Another macroeconomic factor is the increasing penetration of smartphones and internet connectivity. The widespread availability of smartphones and internet access has made it easier for individuals to access digital health solutions, such as mobile health apps and telemedicine services. Furthermore, the COVID-19 pandemic has also played a role in driving the growth of the Digital Health market. The pandemic has highlighted the importance of remote healthcare services and has accelerated the adoption of digital health solutions globally. In conclusion, the Digital Health market is growing rapidly due to customer preferences for convenient and accessible healthcare solutions. The adoption of telemedicine services and wearable devices for health monitoring are major trends in the market. Local regulations and infrastructure, as well as underlying macroeconomic factors such as healthcare expenditure and smartphone penetration, also influence the growth of the market.


Data coverage:

The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Visión general

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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