Korea’s medical companies

Korea’s medical companies seeking new openings to boost presence in the European medical market

Germany’s world’s largest-scale medical industry exhibition MEDICA 2014, which is to be held from Nov. 12 to 14, in Dusseldorf, Germany, is approaching with far broader ranges of medical solutions than previous MEDICA exhibitions. Through last year’s performance – 50,275 exhibitors from 70 nations, 137,000 participants from 98 countries, it proved its solid brand awareness as a biggest fair in the global medical market.

Korean medical enterprises specialized in manufacturing of such various medical solutions as consultation & diagnosis equipment, clinical examination equipment, radiology equipment, surgical apparatus & equipment, cure apparatus & equipment, physiotherapy apparatus, medical information system, cosmetic dermatology & healthcare equipment, and disposable apparatus are hoping they can display their advanced solutions in front of potential buyers while expecting development of greater business opportunity than those they made in KEMES 2014 in the early spring of this year.

Some current Korean medical leaders including Samsung will, especially, be ready to take advantage of MEDICA 2014 as a venue to confirm their current comparative competitiveness again over global competitors including Germany-based makers, in order to raise their respective market leadership and further reconfirm their recent decisions in the selection of strategic investment areas that can potentially lead their business direction for the swiftly changing future medial market.

The Korean medical industry is undergoing a transitional process evolving into an industry featuring cutting-edge technologies mixed with the convergence type of various kinds of information technologies. The comparatively old medical equipment is being replaced with the latest equipment that can more accurately diagnose than prior versions of their kinds and support bi directional communication.

In addition, a new concept of medical solutions covering various convergence technologies including mobile healthcare have already emerged in the domestic market, shaping a new eco-system of the medical industry.

▶Infusion pumps
▶ENT unit
▶MRI system
▶Ultrasound system
▶Three-dimensional laparoscopic system
▶Body composition analyzer and blood pressure monitor
▶Low-temperature plasma sterilizer
▶Home healthcare device

 
 
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