South Korea Diabetes Devices Market Analysis by Mordor Intelligence
The South Korea diabetes devices market is valued at USD 470.77 million in 2025 and is forecast to reach USD 545.77 million by 2030, reflecting a 3% CAGR as the market exits its rapid-expansion phase and enters steady, innovation-led growth. Demand remains resilient because 29.3% of adults aged 65 and older live with diabetes, a share that continues to rise as the population ages. Competitive intensity is sharpening as domestic manufacturers scale up, the National Health Insurance Service (NHIS) extends coverage for continuous glucose monitoring (CGM) and insulin pumps, and 5G-enabled telemedicine broadens access to specialist care. Simultaneously, strict reference pricing from the Health Insurance Review and Assessment Service (HIRA) is pressuring margins, compelling firms to localize production and recalibrate product portfolios. Market leadership is gravitating toward companies that pair hardware with artificial-intelligence software capable of predicting glycemic excursions, because outcomes-based reimbursement is gaining traction.
Key Report Takeaways
- By device type, Monitoring Devices led with 60.25% of the South Korea diabetes devices market share in 2025, while Management Devices are projected to expand at a 4.2% CAGR through 2030.
- By end user, Hospitals & Specialty Clinics controlled 55.11% of the South Korea diabetes devices market size in 2025, whereas Home-Care Settings are advancing at a 4.5% CAGR.
- By distribution channel, Offline Pharmacies & DME Stores accounted for 65.12% of the South Korea diabetes devices market size in 2025; Online Channels are growing at a 3.9% CAGR.
South Korea Diabetes Devices Market Trends and Insights
Driver Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising diabetes prevalence and earlier age of onset | +0.6% | National; stronger in urban centers | Long term (≥ 4 years) |
| Government reimbursement expansion for advanced glucose monitoring and insulin delivery | +1.0% | National; earliest uptake in Seoul, Busan, Incheon | Medium term (2-4 years) |
| Growth of digital health ecosystem and 5G connectivity enabling remote diabetes management | +0.8% | National; metro concentration | Medium term (2-4 years) |
| Government-led K-Bio strategy and tax incentives attracting local production of sensors, pumps, and smart pens | +0.4% | Songdo and other biotech hubs | Medium term (2-4 years) |
| Increasing adoption of home-based self-care practices among aging population | +0.5% | National; higher impact in regions with aging demographics | Short term (≤ 2 years) |
| Domestic med-tech manufacturing investments supported by K-Bio and export incentives | +0.4% | National; export-oriented clusters | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rising Diabetes Prevalence and Earlier Age of Onset in South Korea
South Korea’s diabetes prevalence has climbed to 15.5% among adults aged 30 and older, and 2.2% among adults aged 19-39, creating unprecedented lifetime demand for monitoring and delivery devices [1]Se Eun Park et al., “Diabetes Fact Sheets in Korea 2024,” Diabetes & Metabolism Journal, e-dmj.org. Earlier onset means patients now spend more years using technology-enabled interventions, a pattern that lengthens device replacement cycles and raises cumulative revenue per patient. Roughly 87.1% of young adults with diabetes are obese, further increasing the need for continuous metabolic insight and prompting manufacturers to design low-profile, lifestyle-compatible CGM sensors. Awareness remains lower among young adults (43.3%) than seniors (78.8%), signaling untapped potential for targeted education and early screening programs that can lift device penetration. This demographic-driven demand is expected to keep the South Korea diabetes devices market on a stable upward trajectory even as price controls intensify.
Government Reimbursement Expansion for Advanced Glucose Monitoring and Insulin Delivery
NHIS began reimbursing CGM sensors and transmitters in 2019 and has since broadened eligibility for insulin pumps, reducing out-of-pocket costs and triggering a sharp rise in prescriptions across all age groups [2]National Health Insurance Service, “Health Keeper e-Brochure,” nhis.or.kr. Reimbursement now focuses on outcomes metrics such as time-in-range and hypoglycemia events, strengthening the business case for devices with proven clinical effectiveness. Earlier access to advanced tools is improving long-term glycemic control, which supports payer objectives to curb costly complications. The South Korea diabetes devices market is therefore seeing a pivot from single-function glucometers toward integrated monitoring-and-delivery ecosystems that align with payer priorities.
Growth of Digital Health Ecosystem and 5G Connectivity Enabling Remote Diabetes Management
South Korea’s nationwide 5G rollout delivers real-time, low-latency data flow that links CGM sensors to cloud analytics and telehealth portals, unlocking predictive insights and automated insulin titration. Rural patients now receive specialist input via high-definition video consults, and a cost-minimization study showed telemedicine cut per-consultation societal costs by USD 7.92, primarily from avoided travel [3]Sei-Jong Baek et al., “Cost-Minimization Analysis of Teleconsultation Versus In-Person Care,” mdpi.com. Device vendors are embedding 5G modules and open APIs to ensure seamless interoperability with hospital information systems, helping clinicians integrate continuous data into electronic medical records. The capability leap is steering the South Korea diabetes devices market toward always-on, algorithm-supported care models.
Increasing Adoption of Home-Based Self-Care Practices Among Aging Population
With 29.3% of adults aged 65 and older diagnosed, seniors are embracing home-based monitoring that minimizes hospital visits and supports independent living. Manufacturers are releasing age-friendly interfaces featuring large fonts, haptic alerts, and voice commands to overcome vision and dexterity barriers. Urban seniors often pair CGM with smartphone dashboards, while rural users rely on simplified readers integrated with telemedicine hubs. This behavioral shift is expanding the South Korea diabetes devices market into non-traditional retail avenues, including direct-to-consumer subscription models that bundle sensors and coaching.
Domestic Med-Tech Manufacturing Investments Supported by K-Bio and Export Incentives
The K-Bio initiative, tax credits, and expedited review pathways are fueling heavy capital spending by local firms such as i-SENS, which invested KRW 500 billion (USD 50 million) to scale CGM production at its Songdo plant. Localized assembly defrays tariff exposure, lowers logistics costs, and allows faster iteration for Korean-specific clinical needs, while export grants position domestic brands for Southeast-Asian expansion. These factors underpin a maturing value chain that adds capacity and price flexibility to the South Korea diabetes devices market.
Restraint Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Stringent pricing controls and reference pricing limiting device margins | −0.5% | National | Long term (≥ 4 years) |
| High out-of-pocket costs for advanced insulin pumps despite partial reimbursement | −0.3% | Rural and lower-income areas | Medium term (2-4 years) |
| Regulatory delays for novel wearable and implantable sensors | −0.2% | National | Short term (≤ 2 years) |
| Physician preference for established therapies slowing uptake of alternative delivery technologies | −0.1% | Outside major metropolitan areas | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Stringent Pricing Controls and Reference Pricing Limiting Device Margins
HIRA benchmarks diabetes devices against reference countries, often granting reimbursement 30-40% below US and EU levels, squeezing returns on high-R&D products [4]Kwon Soonman, “Price Setting and Price Regulation in Health Care: Republic of Korea,” World Health Organization, who.int. CGM and pump makers confront a conundrum: South Korea’s tech-forward market is ideal for showcasing innovation, yet margin realization lags. Firms respond by redesigning products with fewer bundled accessories, moving production to local plants, or adopting software-subscription models that shift revenue to post-sale services. Without structural change, low pricing will continually shadow the South Korea diabetes devices market.
High Out-of-Pocket Costs for Advanced Insulin Pumps Despite Partial Reimbursement
Patients still pay more than KRW 2 million (USD 1,500) upfront for premium pumps, plus ongoing consumable fees, generating tiered adoption aligned with income levels. Low-income patients with diabetes show nearly triple the all-cause mortality of higher-income peers, evidencing inequity in access to optimal technologies. Unless reimbursement is extended to disposables, pump uptake will stay concentrated in affluent urban segments, tempering overall South Korea diabetes devices market growth.
Regulatory Delays for Novel Wearable and Implantable Sensors
The Korean Food and Drug Administration’s rigorous clinical-evidence demands can extend time-to-market, particularly for implantable CGM or optical sensors that lack long-term safety data. While the Digital Medical Products Act (2025) promises streamlined pathways for AI-embedded devices, short-term backlog persists, slowing the commercial rollout of next-generation solutions and muting near-term gains in the South Korea diabetes devices market.
Physician Preference for Established Therapies Slowing Uptake of Alternative Delivery Technologies
Endocrinologists and diabetes educators lean toward familiar regimens, delaying adoption of needle-free injectors or closed-loop AID systems in favor of proven pens and pumps. Consensus-guideline updates take years, so clinical inertia keeps innovators in lengthy pilot programs before broad uptake, trimming the speed at which advanced modalities penetrate the South Korea diabetes devices market.
Segment Analysis
By Device Type: Monitoring Devices Lead While Management Innovations Accelerate
Monitoring Devices account for 60.25% of 2025 revenue, underscoring their central role in real-time decision support across both Type 1 and insulin-treated Type 2 populations. Continuous glucose monitoring is the fastest-rising sub-segment as Korean Diabetes Association guidelines now recommend real-time CGM for all adults with Type 1 and for selected Type 2 cases. The South Korea diabetes devices market size for CGM is propelled by superior HbA1c reductions, with real-time users dropping from 8.9% to 7.1% versus intermittently-scanned users who fell from 8.6% to 7.5%. Local production by i-SENS lowers costs, potentially widening uptake.
Management Devices, while smaller today, are increasing at 4.2% CAGR and include patch pumps, traditional pumps, and connected pens that feed data to cloud dashboards. Domestic wearable-pump specialist EOFlow and multinationals Medtronic and Tandem are iterating closed-loop algorithms that adjust basal flow every five minutes, positioning the South Korea diabetes devices market for a coming wave of automated insulin delivery (AID) systems. Integration of CGM and pump data into unified apps is narrowing the functional gap between monitoring and management solutions, blurring category lines and encouraging ecosystem competition.
Note: Segment shares of all individual segments available upon report purchase
By End User: Home-Care Settings Gaining Ground Through Digital Integration
Hospitals & Specialty Clinics hold 55% revenue as they remain the gatekeepers for device initiation, insurance paperwork, and complications management. Endocrinology centers in Seoul National University Hospital and Samsung Medical Center often run specialized diabetes technology clinics where certified educators train new CGM and pump users. Institutional demand nevertheless faces modest growth because reimbursement reforms encourage outpatient follow-up and because connected devices reduce the need for in-office titration.
Home-Care Settings are expanding at 4.5% CAGR as remote monitoring platforms mature. Real-time dashboards relay sensor data to cloud portals that allow clinicians to adjust therapy without physical visits, crucial for seniors with mobility constraints. Subscription bundles that mail fresh sensors every fortnight mirror consumer electronics models, keeping patients adherent and boosting consumables revenue. Growing adoption of voice-activated smart speakers that deliver glucose alerts further integrates diabetes care into daily living, deepening the South Korea diabetes devices market presence inside homes.
By Distribution Channel: Digital Transformation Reshaping Access Pathways
Offline Pharmacies & DME Stores captured 65.12% share in 2025 because they blend walk-in convenience with personalized counseling. Community pharmacists provide point-of-care HbA1c testing, cost checks, and device demonstrations, thereby reinforcing trust for older patients wary of online purchases. Automated inventory systems ensure timely stocking of CGM sensors and pump consumables, which mitigates supply disruptions and supports adherence.
Online Channels grow at 3.9% CAGR as post-pandemic consumers value doorstep delivery, bundled discounts, and subscription replenishment for sensors and infusion sets. Major e-commerce platforms integrate prescription verification modules that satisfy regulatory controls while simplifying ordering. Some hospitals partner with online pharmacies to auto-populate shopping carts based on electronic prescriptions, reducing errors and creating a frictionless path from teleconsultation to product fulfillment. The resulting data stream yields cross-sell insights, helping the South Korea diabetes devices market shift toward predictive logistics.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
Metropolitan hubs—Seoul, Busan, and Incheon—anchor 82% of the urban population and act as early adopters of premium devices owing to higher disposable incomes and dense specialist networks. CGM penetration is highest in Seoul clinics where real-time trend arrows facilitate tight glycemic control for professionals with erratic schedules. NHIS coverage ensures baseline access nationwide, but advanced technology uptake still varies by region. Rural provinces such as North Gyeongsang report lower CGM use, primarily because older residents face digital literacy gaps and longer device-training travel times.
Government initiatives under the Digital New Deal are narrowing these divides by subsidizing 5G base-station rollouts and telehealth kiosks in community centers. A cost-minimization study confirmed telemedicine saved USD 7.92 per visit in underserved areas, validating the economic logic for continued infrastructure funding. Mobile health vans outfitted with point-of-care HbA1c analyzers and CGM starter kits tour remote villages, onboarding patients who later transition to app-based follow-up. As these efforts mature, the South Korea diabetes devices market gains incremental volume outside traditional metropolitan strongholds.
Demographic differences also drive geographic strategies. Rural counties exhibit faster population aging, making them prime targets for devices with simplified user interfaces and caregiver notification features. Urban marketing, by contrast, highlights analytics dashboards and fitness-wearable integrations that resonate with tech-savvy workers managing type 2 diabetes alongside active lifestyles. The Community-Based Hypertension and Diabetes Control Program integrates local clinics, pharmacies, and civic groups, offering a new distribution node for CGM sensors and smart insulin pens.
Competitive Landscape
The South Korea diabetes devices market features moderate concentration with multinationals Abbott, Dexcom, and Medtronic holding strong portfolios, while domestic innovators such as i-SENS and EOFlow rapidly capture share. Abbott’s FreeStyle Libre enjoys brand recognition, but price-sensitive consumers increasingly evaluate the locally developed CareSens Air, approved in 2024, which offers comparable accuracy at lower cost. Dexcom is leveraging a June 2023 partnership with Kakao Healthcare to couple G7 sensors with Korea’s dominant messaging platform, simplifying data sharing between patients and providers.
Medtronic signed a global pact with Abbott in August 2024 to align sensors and pumps, ensuring cross-compatibility and easing regulatory filings for integrated systems. EOFlow differentiates via tubeless patch pumps that pair with its Narsha iOS app, offering discrete insulin delivery favored by younger adults. Local manufacturing, supported by K-Bio tax incentives, allows i-SENS and EOFlow to price aggressively yet maintain margins, intensifying competition for hospital tenders.
Strategic focus is shifting from hardware specifications to ecosystem depth. Vendors now bundle cloud analytics, coaching chatbots, and physician dashboards under subscription plans, locking in recurring revenue and elevating switching costs. Opportunities remain in geriatric-oriented solutions: products combining large-text displays, fall detection, and caregiver alerts are underrepresented. As the Digital Medical Products Act formalizes AI safety standards, software differentiation will gain regulatory clarity, and companies with established data-science talent will hold an edge. Overall, rivalry is firm but not monopolistic, leaving space for specialized entrants targeting niche needs within the South Korea diabetes devices market.
South Korea Diabetes Devices Industry Leaders
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Abbott Diabetes Care
-
Eli Lilly and Comapny
-
Dexcom
-
Medtronic
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Novo Nordisk A/S
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- March 2025: Goldsite Diagnostics Inc. obtained NIFDS approval for its A1c Go HbA1c kit, adding a new Class II option for glycated hemoglobin measurement in diabetes clinics.
- January 2025: Korea Ginseng Corp launched GLP-1–enhancing blood-sugar control products, signaling nutrition companies’ growing interest in adjunct diabetes management
- May 2022: EOFlow released the iOS version of its Narsha smartphone app to support its wearable insulin pump portfolio in Korea.
Research Methodology Framework and Report Scope
Market Definitions and Key Coverage
Our study defines the South Korea diabetes devices market as all patient-facing hardware and linked software that measure blood glucose or deliver insulin, including self-monitoring blood glucose meters, continuous glucose monitors, test strips, lancets, insulin pens, syringes, pumps, jet injectors, and their disposables used inside the country.
Scope exclusions: hospital biochemical analyzers, lifestyle wearables that track only fitness signals, and oral antidiabetic drugs fall outside this scope.
Segmentation Overview
- By Device Type
- Monitoring Devices
- Self-Monitoring Blood Glucose Devices
- Continuous Glucose Monitoring Devices
- Management Devices
- Insulin Pumps
- Insulin Syringes
- Cartridges in Reusable Pens
- Insulin Disposable Pens
- Jet Injectors
- Monitoring Devices
- By End User
- Hospitals & Specialty Clinics
- Home-Care Settings
- By Distribution Channel
- Offline Pharmacies & DME Stores
- Online Channels
Detailed Research Methodology and Data Validation
Primary Research
We spoke with endocrinologists in Seoul, Busan, and Daegu, device distributors, payor policy officers, and patient advocacy leaders. Their insights clarified sensor change frequency, cash-pay share, and planned reimbursement tweaks, helping us refine adoption curves and average selling prices.
Desk Research
Mordor analysts first mapped demand by pulling device import codes, local production values, and reimbursement tariffs from the Ministry of Food and Drug Safety registry, Korea Customs Service, and National Health Insurance Service statistics. We then benchmarked prevalence and treatment patterns with Korean Diabetes Association surveys, KOSIS health panels, and OECD Health Data that list diagnosed diabetics and insulin users each year.
To cross-check price and channel trends, our team reviewed public company 10-Ks, investor decks, peer-reviewed journals such as Diabetes Research, and news feeds on Dow Jones Factiva and D&B Hoovers. The sources above illustrate yet do not exhaust the desk-research pool consulted for validation.
Market-Sizing & Forecasting
We apply a top-down prevalence-to-device pool model that scales the adult diabetes population to potential users and multiplies it by verified device penetration rates. Supplier roll-ups of major importers and channel checks provide a selective bottom-up cross test that is reconciled with the top-down view. Key variables such as CGM penetration, pump uptake, average strip use per patient, price erosion, and NHIS co-payment levels feed a multivariate regression that projects demand to 2030. Where bottom-up detail is thin, we bridge gaps with weighted averages from customs volumes and distributor panels.
Data Validation & Update Cycle
Our outputs pass anomaly checks, senior review, and a variance scan against fresh customs releases. The model is refreshed every year, and we trigger interim updates whenever reimbursement policy or major device launches materially shift the market.
Why Mordor's South Korea Diabetes Care Devices Baseline Commands Credibility
Published estimates often differ because firms vary in scope, input years, and growth drivers. Our disciplined use of local reimbursement data and patient-level device adoption keeps Mordor's baseline anchored to observable realities rather than broad Asia-wide ratios.
Key gap drivers include whether insulin pens are counted, the handling of CGM subsidies, and how aggressively strip volumes are assumed to decline as sensors spread.
Benchmark comparison
| Market Size | Anonymized source | Primary gap driver |
|---|---|---|
| USD 470.77 M (2025) | Mordor Intelligence | |
| USD 457.06 M (2023) | Regional Consultancy A | Earlier base year and inclusion of hospital analyzers |
| USD 440.75 M (2022) | Trade Journal B | Excludes insulin pens and assumes static reimbursement policy |
| USD 340.40 M (2023) | Industry Publisher C | Uniform 8.5 % CAGR without local CGM subsidy check |
These contrasts show that Mordor's numbers rest on transparent variables, local sources, and a repeatable forecast engine, giving planners a balanced, decision-ready baseline.
Key Questions Answered in the Report
How big is the South Korea Diabetes Devices Market?
The South Korea Diabetes Care Devices Market size is expected to reach USD 470.77 million in 2025 and grow at a CAGR of 3% to reach USD 545.75 million by 2030.
Which device category leads sales in South Korea?
Monitoring Devices, particularly CGM systems, command 60.25% of 2025 revenue.
Who are the key players in South Korea Diabetes Devices Market?
Abbott Diabetes Care, Eli Lilly and Comapny, Dexcom, Medtronic and Novo Nordisk A/S are the major companies operating in the South Korea Diabetes Devices Market.
Are pricing controls a major challenge?
Yes. HIRA reference pricing can be 30-40% below US/EU levels, squeezing margins and potentially delaying next-generation launches.
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