Key Market Indicators
South Korea's hospital discharges are projected to hit approximately 10.3 million by 2028, up from around 9.5 million in 2023. This marks a steady annual growth rate of 1.2%. The demand for hospital discharges in the country has seen a consistent year-on-year increase of 1.4% since 2010. In terms of hospital bed availability, South Korea is expected to have close to 700,000 hospital beds by 2028, up from about 674,000 in 2023. This reflects an annual growth rate of 0.6%. Since 1995, the supply of hospital beds in the country has grown by an average of 1% each year. In 2023, South Korea held the fifth position globally for the number of hospital beds. The United States surpassed South Korea with the same number of hospital beds, approximately 674,000. The countries ahead in the ranking are Japan, Russia, and the United States, occupying the second, third, and fourth positions, respectively.
