Forecast: Open Prostatectomy Performed in South Korea

The volume of open prostatectomy procedures in South Korea was 2.16 thousand in 2023. The historical data shows a declining trend from 2013 to 2016, followed by slight fluctuations and a significant drop in 2020 and 2021. Despite a strong recovery in 2022, the data indicates relatively stable numbers with minor fluctuations projected from 2024 to 2028.

Key Year-on-Year Variations (Recent Two Years):

  • 2022: +36.96%
  • 2023: +2.03%

Historical CAGR (Last 5 Years):

  • 2023: +0.71%

Forecast 5-Year CAGR: -1.11%

  • Forecasted total reduction by 2028: -5.45%

Future Trends to Watch For:

Despite the slight recovery post-2021, the overall projected decline in open prostatectomy surgeries suggests a potential shift towards less invasive procedures or alternative treatments. It would be prudent to monitor advancements in medical technology, patient preferences, and healthcare policies in South Korea.

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