Care Products market in South Korea
The South Korean Care Products eCommerce market is predicted to reach US$9,650.4 million by 2024 and accounts for 7.0% of the total eCommerce market in South Korea. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -8.6%, resulting in a projected market volume of US$6,731.1 million by 2028. Within the Care Products market ECDB considers the following three sub-markets: Personal Care, Health Care, and Household Care.
Market development
eCommerce revenue development in the Medical Supplies market in South Korea
The South Korean Medical Supplies eCommerce market is predicted to reach US$228.1 million by 2024 and accounts for 47.0% of the Medical Products eCommerce market in South Korea. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -14.1%, resulting in a projected market volume of US$124.2 million by 2028. The Medical Supplies eCommerce market is a sub-market of the Medical Products market. Further categories within the Medical Products market are: Family Planning, and Other Medical Products.
eCommerce revenue development in the Medical Supplies market in South Korea
eCommerce revenue growth in the Medical Supplies market in South Korea
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 48.9 | 74.0 | 4.4 | 51.2 | 24.6 | 41.6 | 93.3 | 31.6 |
Market definition
Definition of the Medical Supplies market within the Care Products market
Market definition: Care Products > Health Care > Medical Products > Medical Supplies The category Medical Supplies includes the online trade of mobility aids (e.g. walkers, rollators, scooters) and orthopedic supports (e.g. knee braces, wrist supports, health shoes). This category does not cover medical machinery and hospital equipment. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Mobility aids (e.g. walkers, rollators, scooters)
- Orthopedic supports (e.g. knee braces, wrist supports, health shoes)
Out-of-scope
- Medical machinery and hospital equipment
Market comparison
The South Korean Medical Supplies market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category