08 November 2021 | Monday | News
MedTech Korea Summit 2022
21st-22nd April, 2022 / Seoul, Republic of Korea
The Korean government has been ambitious and remarkably on 22 May 2019 President Moon Jae-in announced Vision 2030 to promote the medical device industry. Government policies and funds are in place to further boost the competitiveness of its medtech sector by highlighting the development of innovative and high-end medical devices.
Korean medical device industry has been enjoying high growth rates. According to the Ministry of Food and Drug Safety, medical device production in Korea has been growing at an annual average rate of 9.8% over the past five years pre-Covid-19, which is approximately 5 times higher than Korea’s real GDP growth rate of 2% in 2019. Covid-19 has brought unprecedented opportunities to Korean medcial device makers for expanding their footprints in the global market, exporting $5.7 billion in 2020 with a 44% increase.
Korea’s healthcare market is ranked 4th among countries in Asia Pacific. The country imports 63% of domestically used devices from overseas, which makes Korea a prime destination for medical device manufacturers from around the world.
MKS 2022 will combine high-level keynotes, clinical case studies, interactive panel discussions from leading hospitals, universities, research institutes, medtech companies, as well as product demos from innovative medtech startups. Besides, there will be an exhibition area where the medtech industry could showcase the latest products, solutions, technological advancements, etc. You will find this summit informative and of great help for understanding Korean medtech ecosystem, generating leads and accelerating your business growth. MKS 2022 is your must-attend medical device and technology conference in Korea in the post-pandemic era!
We look forward to welcoming you in Seoul in April!
Email: email@example.com | Web: www.medtechkoreasummit.org
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