Press Release

South Korea Cardiac Surgery Instruments Market to Grow with a CAGR of 8.75% through 2030

Rising Prevalence of Cardiovascular Diseases (CVDs) and Rapidly Aging Population are expected to drive the South Korea Cardiac Surgery Instruments Market growth in the forecast period, 2026-2030

 

According to TechSci Research report, “South Korea Cardiac Surgery Instruments Market – By Region, Competition, Forecast & Opportunities, 2030F”, the South Korea Cardiac Surgery Instruments Market stood at USD 58.25 Million in 2024 and is anticipated to grow with a CAGR of 8.75% in the forecast period.

Technological advancement continues to be a pivotal growth catalyst in the South Korea cardiac surgery instruments market. Leading medical institutions are rapidly incorporating minimally invasive cardiac surgeries (MICS), off-pump coronary artery bypass grafting (CABG), robotic-assisted procedures, and hybrid surgical techniques into their cardiac programs. These advanced approaches demand a new class of surgical instruments that are miniaturized, highly precise, and ergonomically optimized for complex and confined operative environments. As South Korean hospitals modernize their surgical infrastructure to remain aligned with international clinical benchmarks, procurement of next-generation, technology-compatible instruments is steadily rising.

Government-backed investments are playing a critical role in shaping market dynamics. The South Korean government continues to allocate capital toward the development of cardiac centers of excellence, hospital infrastructure upgrades, and strategic public-private collaborations. Moreover, National Health Insurance (NHI) support for cardiac procedures significantly reduces the financial burden on patients, thereby increasing procedural volumes. This policy environment enhances institutional purchasing power and promotes the adoption of premium-grade surgical instruments, particularly within tertiary and teaching hospitals.

South Korea’s emergence as a destination for high-acuity medical tourism, including cardiovascular surgery, has further elevated the standards for surgical equipment procurement. International patients are drawn to the country’s technologically advanced hospitals and clinical outcomes, prompting healthcare providers to invest in globally accredited, top-tier surgical tools to maintain competitive advantage and meet international expectations.

The country’s expanding pool of cardiac surgery specialists is strengthening procedural capacity nationwide. An increase in subspecialized surgeons, particularly in pediatric cardiac surgery, transplant surgery, and hybrid cardiac procedures, is generating demand for customized, procedure-specific instruments that support greater surgical precision and specialization. This professionalization of the cardiac workforce is directly contributing to the steady growth in high-performance surgical instrument adoption.

                                                                                             

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The South Korea Cardiac Surgery Instruments Market is segmented into product, application, end user, regional distribution, and company.

Based on its end user, the Hospitals segment has emerged as the predominant market leader, Cardiac surgeries such as coronary artery bypass grafting (CABG), valve replacement, pediatric interventions, and heart transplants are high-risk, resource-intensive procedures that demand comprehensive surgical infrastructure, intensive care units (ICUs), advanced diagnostic capabilities, and a multi-disciplinary care team. These conditions are predominantly met within large public and private hospitals, especially those in urban centers like Seoul, Busan, and Daegu. These institutions possess the necessary cardiac catheterization labs, hybrid operating rooms, and robotic surgery platforms that support the use of high-precision, procedure-specific instruments.

Hospitals benefit from favorable government funding through South Korea’s National Health Insurance (NHI) system, which covers a significant portion of cardiac surgery costs. This reimbursement model supports higher procedural volumes and encourages continued investment in state-of-the-art surgical instruments. Tertiary hospitals in particular operate with larger budgets and maintain direct relationships with global and domestic medical device suppliers, enabling them to adopt technologically advanced, high-value cardiac instruments more quickly than smaller facilities.

 

Major companies operating in South Korea Cardiac Surgery Instruments Market are:

  • Nanoomtech
  • Kolon Life Science
  • L&K Biomed
  • LivaNova
  • B. Braun SE
  • MEDLINE INDUSTRIES, LP

 

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“The South Korea cardiac surgery instruments market is poised for sustained growth, driven by advanced healthcare infrastructure, a rising burden of cardiovascular diseases, and increasing adoption of minimally invasive and robotic-assisted surgical techniques. With hospitals leading demand and continuous government investment supporting technological advancement, the market offers strong opportunities for innovation and strategic expansion. As the country continues to modernize its cardiac care ecosystem, demand for high-precision, next-generation surgical instruments is expected to accelerate, reinforcing South Korea’s position as a key market in the Asia-Pacific cardiovascular surgery landscape.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

South Korea Cardiac Surgery Instruments Market, By Product (Forceps, Clamps, Scalpels, Scissors, Needle Holders, Others), By Application (Coronary Artery Bypass Grafting, Heart Valve Surgery, Pediatric Surgery, Heart Transplant, Others), By End User (Hospitals, Ambulatory Surgical Centers), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of South Korea Cardiac Surgery Instruments 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 Cardiac Surgery Instruments Market.

 

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