Overview of Korean Medical Devices Market

(Unit : $ million)

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Classification 2013 2014 2015 2016 2017
Market scale 4,229 4,766 4,653 5,060 5,481
Production 3,857 4,372 4,420 4,828 5,149
Export 2,357 2,577 2,711 2,918 3,164
Import 2,729 2,971 2,944 3,151 3,495

Source: Medical Devices Production, Export and Import Annual Report, KMDIA World Medical Market Forecasts for 2020, BMI Episcom