South Korea Mammography Market Size

South Korea Mammography Market Analysis

The South Korea Mammography Market size is estimated at USD 72.80 million in 2024, and is expected to reach USD 114.04 million by 2029, growing at a CAGR of 9.39% during the forecast period (2024-2029).

The COVID-19 pandemic has disrupted the spectrum of cancer care, including delaying diagnoses and treatment and halting clinical trials. Ensuring continuity of cancer care while fighting COVID-19 has been hugely challenging for South Korea. Even though the country was known to have the highest number of COVID-19 infections in the initial phase of the pandemic, it was able to efficaciously flatten the curve of these infections in a shorter period of time without extreme measures.

Countering rapidly to the circumstances and working in accordance with the South Korean government's COVID-19 policies, several private hospitals contained and handled COVID-19, infected patients, from areas wherein the healthcare amenities were overwhelmed. In the time being, public hospitals succeeded in keeping up with daily routines, and a maximum of the cancer centers across South Korea was able to support cancer care continuity under the systematic planning and planned resource allocation complying with the Korean Centers of Disease Control and Prevention (KCDC). This greatly boosted the uptake of mammograms among women as all the screening facilities were operational. Therefore, COVID-19 did not have a huge impact on the cancer screenings in South Korea.

South Korea has one of the highest per-capita income levels in not only the Asia-Pacific region but also the world. The country has seen its economy grow tremendously over the last few years. It thus has a well-funded healthcare system that allows patients to avail of the latest technologies in breast screening like mammography. Factors such as the growing incidences of breast cancer, technological advancements in the field of breast imaging, and the investment from various organizations in breast cancer screening campaigns.

Furthermore, as per the data from National Institute of Health 2021, mammography companies in South Korea are making use of artificial intelligence to deliver the best possible care to their patients. South Korean hospitals and clinics are using AI technology for various purposes, such as detecting breast cancer and reducing medical errors. The AI-powered systems also helped reduce the time spent on administrative tasks. As a result, doctors were able to spend more time on patient care, which will lead to better outcomes. Such factors are bolstering the market growth within the country. In addition, the adoption of tomosynthesis (3D mammography) is very high in South Korea, and it is replacing conventional mammography devices at a rapid rate. 

Hence, with the above-mentioned factors, the market studied is expected to witness strong growth over the forecast period.