Medical Device In KOREA

Korea’s medical device market ranks as the ninth largest in the world at an estimated 6.8 billion USD in 2018, showing continuous grow with 8.1% annual increase.

Korea has become a clinical trial powerhouse for various innovative medical devices with the accelerated clinical trial approval system and ISO 14155 compliance.

There are a total of 166 clinical trial centers designated by MFDS, providing diverse and robust environments for clinical trials.