Overview of Korean Medical Devices Market

(Unit : $ million)

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Classification 2015 2016 2017 2018 2019
Market scale 4,653 5,060 5,481 6,196 6,694
Production 4,420 4,828 5,149 5,917 6,244
Export 2,711 2,918 3,164 3,610 3,709
Import 2,944 3,151 3,495 3,888 4,159

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