Asia Now

Olex Nykytyuk, our Shanghai-based medtech specialist, has just been to CMEF – China’s largest medical device event. He reports on what he saw, with more analysis of the opportunities for western firms in China’s medtech sector to follow soon.

Our Seoul-based medtech specialists have just been to KIMES 2023 – the Korea International Medical & Hospital Equipment Show.

Femtech is finally arriving to Japan - but the depth and breadth of the products and tech available still leaves much to be desired. Alecia Thomson from our Tokyo office see this as an opportunity for western firms.

It’s no secret that diagnostics companies around the globe have benefited from the COVID pandemic by supplying testing equipment and other related products. South Korean companies are no exception - in fact, they have fared even better than many of their international peers. And, having generated unprecedented revenues, many are now looking to take advantage of their cash position by seeking strategic partnerships and investments in the west.

South Korea faces a growing need for the digitisation of medical practices and for advanced solutions to support a rapidly aging population – presenting a US $5 billion plus market with significant prospects for western tech companies.

China’s agricultural space is ripe for disruption, presenting big opportunities for global agtech innovators. In this article, I outline some important trends and areas which foreign agtech firms can target to win business in the country.