Korea’s Medical Companies

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Korea’s Medical Companies Targeting Global Markets with Competitive New Items

South Korea’s August exports increased 1.3% year-on-year to $58.4 billion, marking the third consecutive month of positive growth.
According to the Ministry of Trade, Industry and Energy, the nation’s August exports reached $58.4 billion (+1.3%) in August, continuing the upward trend.
This export performance marks the highest ever for August, and marks the third consecutive month since June when monthly exports reached record highs. Taking operating days into account, daily average exports increased by 5.8% to $2.6 billion. Semiconductor exports rose significantly by 27.1% to $15.1 billion, breaking the previous record high for the first time in two months, driven by continued robust demand for semiconductors, particularly for servers, and favorable fixed prices for memory.

Korean exporters are strategically developing and releasing competitive new items, which are expected to capture keen attention in global markets.
Korea’s medical companies are ceaselessly releasing new attractive, innovative items targeting global markets.
IDS’ Smartrion Combi is a revolutionary long-pulse laser device developed by IDS, featuring top-hat beams and dual wavelengths of 1064 nm and 755 nm within a single platform for treatments of a variety of indications ― including hair removal, blood vessel lesions, and pigmentosa lesions.

HNT MEDICAL has since last year been introducing the new Electro-Magnetic (EM)-type extracorporeal shockwave lithotripter (ESWL) product, UROSTONE, through domestic exhibitions.
maihub has been introducing ‘maiLink,’ a medical AI solution platform service that has been introduced in the domestic market since last year, to provide medical professionals with a more efficient and advanced medical environment.

 
korean-electronics.com | Blog Magazine of korean electronics, brands and Goods

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.

Korea’s-medical-companies 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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