Digital Health Opportunities in South Korea
Attend this DIT event to learn more about the Korean healthcare system and digital health industry, understand the opportunities out there for UK companies and have the opportunity to ask questions to our DIT trade officer and specialist consultant from Intralink.
Why South Korea?
With a market estimated at GBP 2.4 billion in 2015 and expected to reach GBP 4.4 billion by 2020, the digital healthcare market in Korea is growing rapidly. With active support from the government, the next several years will see an increase in the commercialisation of smart healthcare products and services in both the domestic marketplace and in consumer goods developed in Korea for international markets.
South Korea offers strong opportunities for UK digital healthcare companies with the government, major hospitals, large conglomerates and a growing number of tech start-ups all investing heavily in the field. The country is grappling with rapidly-increasing medical costs due to its ageing population and an increased rate of chronic disease and this, coupled with its highly-developed ICT infrastructure and willingness to embrace new technologies, makes Korea an attractive market for UK digital healthcare businesses.
There is a growing awareness in Korea that the UK is a world leader in the field of digital health, particularly genomics and smart healthcare, so British companies with the right go-to-market strategy should find a warm reception among potential Korean customers and partners.
UK companies participating in these DIT seminars will:
- Get the most up-to-date information on the Korean market and digital health industry
- Learn about Korean industry regulations and R&D interests in the digital health sector
- Find out about potential business opportunities in Korea
- Network with different digital health companies in the UK as well as DIT representatives and specialist consultants Intralink.
- Meet with DIT trade officer in South Korea and learn about Korean market opportunities
09.30 – 10:00 – Registrations and Coffee
10:00 – 10:15 – Welcome and DIT overview on Digital Health (DIT North West/Amy Lambert)
10:15 – 10:30 – Introduction to DIT Korea (Eunjung Lee)
10:30 – 11:30 – The Korean Digital Health market (Ruslan Tursunov)
11:30 – 12:00 – Q&A
12:00 – 13:00 – Networking Lunch