Leading K-Medical Device Promotion Strategy for the 21st Century

                                              Lee Seung Kwan, Ph.,D. 

                         CMC(Certified Management Consultant)

                       Industrial Counselor (KICA) N.D., IO-WGCA 

Medical devices are one of the most rapidly changing and growing sectors in the world. In particular, the medical device market in Korea recently recorded a high growth rate than the global average, and in the last year, the export of new coronavirus (COVID-19) diagnostic keet has increased significantly, such as increasing the competitiveness of the global market. 

Medical robots, AI-based diagnostic products, 3D printing technology, VR/AR technology, etc. xpanding into a wide range of product families, and the trend of complexity diversification continues. It has a characteristic that increases the importance of technology convergence with medicine, electrical and electronics, mechanical, optical. the competitive advantage of the medical device market.This is the expansion of IT and BT companies in the medical device market. 

IT technology, BT (bio) technology, NT (nano) technology, RT (robot) technology, and more medical device products do not only lock in existing markets, but also create new medical to exand the overall medical device market.  New business areas, and products based on digital technology. The participation of venture companies with creative ideas will also increase, and the medical device industry ecosystem will expand further.

 

R&D shall be built through the entire process of always-on cooperation between hospitals and companies to promote the success of domestic products entering the market. In addition, by supporting the comparative testing of domestic and foreign medical devices with sluggish reliability of the product to ensure product reliability, and to hold a symposium based on the experience of the use of renowned medical associations and medical experts in order to increase awareness of domestic medical devices, it is necessary to spread the reliability of the tested product.

The digital healthcare industry is expected to expand outside the market due to the influx of ICT technology convergence healthcare industry, and it is expected that it will be easy for companies in other industries such as IT to enter. In addition, it is expected to be able to promote the growth of the relevant market by employing mobile / wearable devices that are widely used in the existing sikkim improve customer accessibility. However, when the regulation of medical devices is applied due to the nature of the products applied to the human body, there is a difficult aspect to cope with the rapidly changing demands of the market, which requires institutional maintenance to meet the changing industrial environment, and cooperation with various external businesses to enhance the accessibility of services through user-friendly products and to improve the competitiveness of digital healthcare platforms is essential.

The project promoted by the Pan-Real Life Cycle Medical Equipment R&D Group, which builds a sustainable all-cycle medical device R&D leading platform, is very valuable and requires the acquisition of quality data, human resource development, and the construction of a virtuous cycle system from R&D to industrialization.

For the advancement of digital healthcare, industries must provide more accurate, secure, and convenient care methods and environments than they do now through continuous technological advances, and governments must provide legal basis for new areas and enable digital healthcare with financial support. In order to build a creative digital healthcare research infrastructure, open technology, and network of information exchanges, it will have to be solved by a number of issues that will urgently need to be resolved, such as information-conging and legal and institutional improvements.