Korea Elderly Care Market Size & Outlook, 2025-2033
Korea Elderly Care Market Insights
- As highlighted in Deep Market Insights analysis, the Korea Elderly Care Market, worth USD 0.53 Billion in 2024, is forecasted to achieve USD 1.20 Billion by 2033.
- The Korea market is anticipated to grow at a CAGR of 9.52% during the period 2025–2033.
- By 2024, Home Care represented the largest share of the Service Type market size.
- Assisted Living is expected to remain the key growth driver within Service Type, registering the fastest CAGR during the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- As of 2024, Korea held 1.96% of the global Elderly Care Market size.
- By 2033, United States is anticipated to capture the largest share of the global Elderly Care Market.
- In Asia Pacific, China is expected to lead the regional Elderly Care Market size by 2033.
- India will remain the fastest-growing market in Asia Pacific, reaching USD 2549.93 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 0.53 Billion |
| Market Size In 2033 | USD 1.20 Billion |
| Largest segment | Home Care |
| Units | Revenue in USD Billion |
| CAGR | 9.52% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmnetation Covered
| Segments | Sub Segments |
|---|---|
| Service Type |
|
| Age Group |
|
| End User |
|
Korea Elderly Care Market Service Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Elderly Care Market Age Group 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Elderly Care Market End User 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.