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Korean medical device market tops 4 trillion won in 2010

Published: 2011-07-29 06:59:00
Updated: 2011-07-29 06:59:00
The Korean medical device industry has been growing year by year.

According to the Korea Food and Drug Administration, the market went up 7.1 percent to almost 4 trillion won last year.

The KFDA said the market growth in medical devices is higher than that in Korea’s GDP (6.2%).

Exports rose by 8.9 percent to $1.45 billion last year due to growing overseas demand for diagnostic ultraso...

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