South Korea Diabetes Devices Market Size and Share

South Korea Diabetes Devices Market (2025 - 2030)
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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. 

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.

Market Share
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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.

Market Share
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Note: Segment shares of all individual segments available upon report purchase

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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

  1. Abbott Diabetes Care

  2. Eli Lilly and Comapny

  3. Dexcom

  4. Medtronic

  5. Novo Nordisk A/S

  6. *Disclaimer: Major Players sorted in no particular order
South Korea Diabetes Devices Market Concentration
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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.

Table of Contents for South Korea Diabetes Devices Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Diabetes Prevalence and Earlier Age of Onset in South Korea
    • 4.2.2 Government Reimbursement Expansion for Advanced Glucose Monitoring and Insulin Delivery
    • 4.2.3 Growth of Digital Health Ecosystem and 5G Connectivity Enabling Remote Diabetes Management
    • 4.2.4 Government-led K-Bio strategy and tax incentives attracting local production of sensors, pumps, and smart pens
    • 4.2.5 Increasing Adoption of Home-Based Self-Care Practices Among Aging Population
    • 4.2.6 Domestic Med-Tech Manufacturing Investments Supported by K-Bio and Export Incentives
  • 4.3 Market Restraints
    • 4.3.1 Stringent Pricing Controls and Reference Pricing Limiting Device Margins
    • 4.3.2 High Out-of-Pocket Costs for Advanced Insulin Pumps Despite Partial Reimbursement
    • 4.3.3 Regulatory Delays for Novel Wearable and Implantable Sensors
    • 4.3.4 Physician Preference for Established Therapies Slowing Uptake of Alternative Delivery Technologies (e.g., jet injectors)
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Outlook (KFDA, HIRA, NHIS)
  • 4.6 Technological Outlook (AI-Enabled Dose-Decision Support, Integrated Tele-Diabetes)
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products & Services
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value & Volume)

  • 5.1 By Device Type
    • 5.1.1 Monitoring Devices
    • 5.1.1.1 Self-Monitoring Blood Glucose Devices
    • 5.1.1.2 Continuous Glucose Monitoring Devices
    • 5.1.2 Management Devices
    • 5.1.2.1 Insulin Pumps
    • 5.1.2.2 Insulin Syringes
    • 5.1.2.3 Cartridges in Reusable Pens
    • 5.1.2.4 Insulin Disposable Pens
    • 5.1.2.5 Jet Injectors
  • 5.2 By End User
    • 5.2.1 Hospitals & Specialty Clinics
    • 5.2.2 Home-Care Settings
  • 5.3 By Distribution Channel
    • 5.3.1 Offline Pharmacies & DME Stores
    • 5.3.2 Online Channels

6. Market Indicators

  • 6.1 Type-1 Diabetes Population
  • 6.2 Type-2 Diabetes Population

7. Competitive Landscape

  • 7.1 Market Concentration
  • 7.2 Strategic Moves (M&A, Partnerships, Product Approvals)
  • 7.3 Market Share Analysis
  • 7.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)}
    • 7.4.1 Abbott Diabetes Care
    • 7.4.2 F. Hoffmann-La Roche Ltd.
    • 7.4.3 i-Sens Inc.
    • 7.4.4 Dexcom Inc.
    • 7.4.5 Medtronic plc
    • 7.4.6 Terumo Corp.
    • 7.4.7 Ascensia Diabetes Care
    • 7.4.8 ARKRAY Inc.
    • 7.4.9 Becton, Dickinson and Company
    • 7.4.10 Sanofi S.A.
    • 7.4.11 Novo Nordisk A/S
    • 7.4.12 Eli Lilly and Company
    • 7.4.13 Insulet Corporation
    • 7.4.14 Ypsomed AG
    • 7.4.15 Panasonic Healthcare (PHC Holdings)
    • 7.4.16 Senseonics Holdings Inc.
    • 7.4.17 B. Braun Melsungen AG
    • 7.4.18 Huons Co. Ltd.

8. Market Opportunities & Future Outlook

  • 8.1 White-Space & Unmet-Need Assessment
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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
  • 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.

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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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