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Analysis of the Korean electronic medical devices industry ecosystem and policy recommendations

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Frame of Image  possible through close cooperation with regulatory authority (MFDS : Ministry of Food and Drug Safety). However,
Analysis of the Korean Electronic Medical Devices Industry Ecosystem and Policy Recommendations
to diagnosis and prevention-oriented as a result of income improvement and increasing elderly population, the importance of the electronic medical devices industry has been growing recently. The new products equipped with advanced features and new services are being developed continuously in response to technological development and advent of new demands. This allows the electronic medical devices industry to create new markets and jobs and to contribute to the Korean economic growth as a promising industry. Recently, the scope of electronic medical devices related industries and complementary industries has been greatly expanded because of conjunction with the software and contents, u-health emergence and introduction of the medical information system. Therefore, it is essential that it is not only supported by related the infrastructure and institutions of the Korean electronic medical devices industry are vulnerable compared to developed countries. Also, cooperation between companies and MFDS is not enough. In order to deal with these problems, one must tackle them at the ecosystem dimension including government and hospitals, not at the company level. Thus, competition at the ecosystem level is more important than at the individual company level in the electronic me


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Title Analysis of the Korean electronic medical devices industry ecosystem and policy recommendations
Similar Titles
Material Type Articles
Author(English)

Lee, Kyoung-Sook

Publisher

[Sejong]:Korea Institute for Industrial Economics & Trade

Date 2015-04
Journal Title; Vol./Issue KIET Industrial Economic Review:vol. 20(no. 2)
Pages 13
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Industry and Technology < Science/Technology
Social Development < Health
Holding KIET; KDI School