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22-Jul-14 Korea is one of the most rapidly ageing countries - currently it has the third lowest dependency ratio (economically active people per elderly person) of 5.26, behind only Mexico and Chile, but this will jump to only 1.96 by 2036 - the fifth highest - with huge implications for healthcare and all aspects of medtech.
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21-Mar-14 Korea has announced plans to become one of the top seven countries in the global medical device sector by 2020. This is reminiscent of the country's plan about 15 years ago to become one of the top three in mobile phones within ten years. It happened! Expect to see a lot more from Korean med tech firms in international markets.
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