Due to an ageing population and rising healthcare costs, the global medical industry is one of the world’s fastest growing industries. Accordingly, the demand for reliable and affordable medical technologies is rapidly growing around the world.
Facing an increasingly aging society, Korea is not an exception. And the size of nation’s medical industry is also increasing,
and it is reflected in part by swelling demand for medical equipment, creating a large local market. An abundant supply of skilled manpower in the electronics and medical engineering sectors, coupled with Korea’s top-notch expertise in semiconductors, industrial electronics, and electronic parts, has led to the nation’s electro-medical equipment industry reaping a rapid growth in a relatively short period. At the same time, shipment of medical instruments has grown steadily since the late 1980s.
Due to their high reliability, domestic manufacturers continue to make inroads overseas. As part of this effort, many local manufacturers of electro-medical equipment are eager to explore new markets overseas to demonstrate their commitment to product quality and innovation. Reflecting this desire, more than More than 100 Korean companies will take part in MEDICA 2012 in DuÜsseldorf from 14 to 17 November 2012.
MEDICA is the world’s largest medical trade fair. Every November, major companies and startups alike gather in DÜsseldorf, Germany which has world’s third largest medical and healthcare industries, to present their latest innovations for providing better patient care – from sophisticated medical technology systems to practical, single-use consumables. Here are some Korean medical equipment companies that will participate in the upcoming German fair: