Global & South Korea Pressure Monitoring Devices Market to 2033

The market for pressure monitoring devices in South Korea is witnessing a robust and promising trajectory, primarily driven by the nation’s rapidly aging demographic and the high incidence of chronic health conditions. By 2025, South Korea is anticipated to transition into a super-aged society, where nearly 20% of its population will be aged 65 and above. This trend is expected to persist, with projections indicating that by 2072, almost half of the population could fall into this age bracket, as reported by Voronoi in 2024. This significant demographic shift is likely to escalate the demand for ongoing health monitoring, particularly since older adults are more vulnerable to ailments such as hypertension and cardiovascular diseases.

For example, the Korea Hypertension Fact Sheet 2024, published in Clinical Hypertension on April 8, 2025, indicates that around 30% of Korean adults, equating to approximately 13 million individuals, suffer from hypertension. While there has been notable progress in awareness, treatment, and control rates among older adults, these figures remain disappointingly low among younger populations. Additionally, the Public Health Weekly Report regularly disseminates surveillance data on various health conditions, further highlighting the need for effective monitoring solutions.

Technological innovation plays a pivotal role in this market's expansion, with South Korea leading the way in the integration of artificial intelligence (AI), the Internet of Things (IoT), and mobile health technologies into medical devices. The country boasts a robust information and communication technology (ICT) infrastructure that facilitates the development of advanced, non-invasive, portable, and intelligent pressure monitoring devices. A landmark development in this regard is the introduction of the Digital Medical Products Act (DMPA) in January 2024, which aims to regulate and foster the growth of AI-driven medical devices, digital therapeutics, and health-related software. This legislation establishes clear regulatory frameworks and emphasizes the importance of software quality and cybersecurity, thereby encouraging innovation within the digital health landscape.

Moreover, in January 2025, South Korea announced an extensive five-year strategy to enhance the role of AI in healthcare. This initiative aims to boost research and development in critical healthcare sectors and new drug discovery, projecting a strong annual growth rate for the nation’s AI healthcare market.

The trend of remote patient monitoring is also gaining momentum, driven by the increasing demand for home-based care and effective management of chronic diseases. The remote patient monitoring sector in South Korea is expected to experience significant growth, fueled by advancements in wearable technology, mobile health applications, and cloud computing, which collectively enhance system capabilities. For instance, in September 2023, Medtronic expanded its remote monitoring services, while Omron launched new wearable technologies aimed at heart health monitoring, both initiatives designed to improve chronic disease management among the Korean populace.

Government initiatives and investments are crucial in this evolving landscape. The Ministry of Health and Welfare has articulated a vision for 2025 that emphasizes creating a Welfare State Where People Are Happy and Healthy. This vision includes bolstering support for vulnerable populations and enhancing emergency safety services for elderly individuals living alone. The commitment to advancing biohealth capabilities, including medical devices, was further highlighted by events such as Bio Korea 2025 and Healthcare and Medical Equipment Korea 2025, which showcased significant advancements in medical technology, including telemedicine and AI applications.

Healthcare expenditure in South Korea remains substantial. According to World Bank data referenced by the EU Business Hub, healthcare spending accounted for 9.72% of the nation’s GDP in 2022. Furthermore, per capita healthcare expenditure reached approximately US$ 3,270 in 2023, as reported by Macrotrends. Despite this high level of spending, South Korea is increasingly shifting its focus towards digital health solutions and innovative medical devices. This strategic pivot aims to manage rising healthcare costs while simultaneously enhancing the quality and efficiency of healthcare delivery.

While challenges such as data privacy concerns and the necessity for ongoing regulatory adjustments persist, South Korea's proactive stance on technological integration and healthcare reform creates a highly conducive environment for the growth of the pressure monitoring devices market. The combination of an aging population, increasing chronic disease prevalence, technological advancements, and supportive government policies positions South Korea as a key player in the global health monitoring landscape. Show more