Health Destination

South Korea Asia’s fastest growing healthcare market

According to the Ministry of Food and Drug Safety(MFDS), the market size for the medical device sector in South Korea has doubled since 2010. Ranked 9th in the world in 2018, Korea's market reached approximately $6.2 billion in 2018 and imports from the US increased from 0.9 billion in 2010 to $1.8 billion in 2018 South Korea i s a country in East Asia, constituting the southern part of the Korean Peninsula, and sharing a land border with North Korea. 25 million people, around half of the country's population of more than 51 million people, live in the Seoul Capital Area, the fifth-largest metropolitan area in the…

Iceland’s advancing medical sector

Iceland has a universal healthcare. The healthcare system is largely paid for by taxes (85%) and to some extent by service fees (15%) and is administrated by the Ministry of Welfare. A considerable portion of government spending is assigned to health care. There is almost no private health insurance in Iceland and no private hospitals Iceland is a Nordic island country in the North Atlantic, with a population of 364,134 and an area of 103,000 km2 (40,000 sq. mi), making…

Amsterdam: A Global MedTech Hub

The Amsterdam healthcare industry stands out from other industries in many ways. The potential value of data-driven applications is by far more evident than in any other industry, and the amounts and diversity of medical data is abundant Derived from the name Amstelredamme, Amsterdam is the capital and most populous city of the Netherlands, with a population of 866,737 within the city proper, 1,380,872 in the urban area, and 2,410,960 in the metropolitan area. Amsterdam is in the province of…

China’s ‘smart’ healthcare system

The Health China 2030 plan is a comprehensive set of guidelines aimed at extending the services to all by the year 2030, and focuses on public health, the environment and food. The People's Republic of China (PRC) is a country in East Asia and the world's most populous country, with a population of around 1.404 billion. Covering approximately 9,600,000 square kilometers (3,700,000 sq mi), it is the third or fourth largest country by total area. Governed by the Communist Party…

The health initiative “Made in Germany”

Health “Made in Germany” is the export initiative for the German healthcare industry. It supports international companies and organizations that are interested in establishing contact with potential German partners and suppliers. Set up by the German Federal Ministry for Economic Affairs and Energy (BMWi), the initiative bundles expert market intelligence for easy industry access. Germany which is officially called the Federal Republic of Germany is located in Central and Wester n Europe. Ger many includes 16 constituent states and covers an area of…