THE ROLE AND STRATEGY OF MEDICAL MANUFACTURING TECHNOLOGY CENTER IN KOREA
Published: 31 May 2015
Abstract: The medical manufacturing industry constitutes a growing sector for better healthcare in Korea. Population aging demands various interventional procedures and minimal invasive therapy. The consumption of medical devices such as catheters used for the interventional procedures or the minimal invasive therapy is rapidly increasing. However, the Korean medical market relies on imports for more than 80% of the medical devices. The Ministry of Trade, Industry & Energy (MOTIE) has supported the project for the establishment of Medical Manufacturing Technology Center (MMTC) in order to foster the industry manufacturing medical devices since 2013. This paper presents the roles and main strategies of MMTC for promoting innovation in the industrial sector.
Keywords: industry-institute cooperation, medical manufacturing, health care, medical consumables, mold technology
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