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Radar · Traditional Medical Devices in South Korea

Best Traditional Medical Devices Companies in South Korea

The 50 best Traditional Medical Devices companies in South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Proxy Healthcare.

50companies tracked
$6.3Mdisclosed funding
0unicorns
6have raised
Sources & further reading
  • ResearchAndMarkets.com
  • IDC
FLIAR INTELLIGENCE · TRADITIONAL MEDICAL DEVICES × SOUTH KOREA

Our analysis of 50 Traditional Medical Devices companies

$5.7b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
88%cloud-native stacks
2025funding peak (by rounds)
2016median founding year
49median Fliar Index™

Ranked: Best Traditional Medical Devices companies in South Korea

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Proxy Healthcare
Manufacturer of oral, skin care & pet care products
$6M29 mo agoSeries AKim Young-Wook
CEO
2019———
2Kangsters
Manufacturer of wheelchair & washing devices
$100K37 mo agoSeed—2020Google MapsBootstrapGoogle Cloud+2014 patents
Integrated wheelchair treadmill systems for posture correction and rehabilitation of lower‑extremity disabled users.
—
3Care Dream
Manufacturer of mental healthcare devices
—29 mo agoSeedJihoon Kim
CEO
2020ImwebSentryFroala Editor+22——
4Updream Korea
Manufacturer of female & senior care products
—79 mo agoSeedJiwoong Lee
CEO
2015———
5FlexFine
Manufacturer of medical devices
—85 mo agoSeed—2014———
6Oklight
Manufacturer of ophthalmic devices
—85 mo agoSeed—2007———
7KoRhina
Provider of wearable smart laser therapy device for the treatment of rhinitis
—86 mo agoSeedYongHo Kim
CEO
2016———
8CLASSYS
Manufacturer of medical aesthetic products
—89 mo agoAcquired—2008WordPressApple iCloud MailMicrosoft 365+16313 patents
Medical aesthetic devices for RF, ultrasonic, and laser skin treatment
—

Top 9 Traditional Medical Devices companies in South Korea

#1
Series A · Ulsan, Ulsan · founded 2019
$6.2Mraised
▾

Manufacturer of oral, skin care & pet care products

Funding rounds
  • Feb 2024Series A—
  • Aug 2022Series A$6.2M
Founders & team
Kim Young-WookCEO
Investors
BSK Investment, FuturePlay, HB Investment, Maple Investment Partners, InfoBank, Fast Ventures
#2
Seed · Ansan-si, Gyeonggi-do · founded 2020 · 9 employees
$100Kraised
▾

Manufacturer of wheelchair & washing devices

Funding rounds
  • 2023Seed$100K
Investors
Praxis, Korea Investment Accelerator
#3
Seed · Yuseong, Daejeon · founded 2020 · 11 employees
—raised
▾

Manufacturer of mental healthcare devices

Funding rounds
  • Feb 2024Seed—
Founders & team
Jihoon KimCEO
Investors
Quest Ventures, KAIST Youth Startup Investment Holdings, ReVentures
#4
Seed · Seoul, Seoul · founded 2015 · 7 employees
—raised
▾

Manufacturer of female & senior care products

Funding rounds
  • Jan 2020Seed—
  • Nov 2019Seed—
Founders & team
Jiwoong LeeCEOLee Ji-woongOwner
Investors
Wadiz, MYSC
#5
Seed · Seongnam-si, Gyeonggi-do · founded 2014 · 7 employees
—raised
▾

Manufacturer of custom scoliosis brace and accessories based in Seongnam-si, South Korea. The company offers custom spinal braces by measuring dimensions remotely and customizing core frames with three-dimensional printing, enabling young patients to treat scoliosis.

Funding rounds
  • Jun 2019Seed—
Investors
SparkLabs
#6
Seed · Seongnam-si, Gyeonggi-do · founded 2007 · 4 employees
—raised
▾

Manufacturer of ophthalmic devices

Investors
ActnerLab
#7
Seed · Seongnam-si, Gyeonggi-do · founded 2016
—raised
▾

Provider of wearable smart laser therapy device for the treatment of rhinitis. It offers a medical device that treats allergic rhinitis by using semiconductor laser in the nasal cavity and works by activating the overproduction of reactive oxygen species (ROS) in the blood, which are generated by allergic reactions, and neutralizing them.

Funding rounds
  • Jun 2019Seed—
Founders & team
YongHo KimCEO
Investors
ActnerLab
#8
Acquired · Seoul, Seoul · founded 2008 · 20 employees
—raised
▾

Manufacturer of medical aesthetic products

Investors
Bain Capital Private Equity
Tech stack
All In One SeoAmazon Web ServicesApache Http ServerApple Icloud MailCore-JsElementor
#9
Public · Paju si, Gyeonggi do · founded 1998 · 126 employees
—raised
▾

Manufacturer of medical devices

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 53.5% of this cohort's audience · 40 engagements/post (1.8× cohort median)
Activity: 1 partnerships (incl. An Giang Department of Health and Tan Chau General Hospital in Vietnam) announced in 12 mo
Founders & team
Jong KimCEO
Investors
Company K Partners, SBI Investment Korea, Premier Partners, NHN Investment
Tech stack
Animate.CssAosApache Http ServerBootstrapCdnjsCloudflare

Funding & investor landscape

$6.3Mtotal disclosed funding
2companies funded
2disclosed rounds
0rounds last 90 days
Most active investors
KIC Europe5 rounds
ActnerLab3 rounds
BSK Investment2 rounds
Tech Incubator Program for Startup2 rounds
Aju IB Investment1 rounds
BNH INVESTMENT1 rounds
Bain Capital Private Equity1 rounds
Colopl Next1 rounds
Company K Partners1 rounds
Coolidge Corner Investment1 rounds

Notable founders

Kim Young-Wook
CEO · Proxy Healthcare
Jihoon Kim
CEO · Care Dream
Jiwoong Lee
CEO · Updream Korea
Lee Ji-woong
Owner · Updream Korea
YongHo Kim
CEO · KoRhina
Jong Kim
CEO · MEKICS
Prism market signals · South Korea · country-scoped Prism corpus, 134,675 docs

Market landscape — 10 sub-themes by coverage

Share of Traditional Medical Devices coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · South Korea

How research on Medical Devices is moving in South Korea

A read on the academic research around Medical Devices — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 229 South Korea-affiliated papers.

research sentiment over time
201020192026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 43% → 61% across 2010–2026.
top research entities
  • Korea Advanced Institute of Science and Technology28
  • Seoul National University21
  • Yonsei University19
  • Pusan National University17
  • Korea University11
leading researchers
Min Cheol Lee · Dong‐Soo Kwon · Chi Yen Kim · Minho Hwang · Jaesoon Choi · Koon Ho Rha · Sung Min Yoon · Dong-Hoon Kang
▲ Breakthroughs36 · 16%
▲ 13%→16% share
▲1.2× share momentum5 median citations44% since 2021mostly methods-led
Breakthroughs are rising (13%→16% of field), led by Surgical robot.
rising sub-themes (early→recent)
  • Surgical robot16
  • Robot14
  • Robotic surgery4
  • Invasive surgery4
  • Workspace4
Landmark Sensorized Surgical Forceps for Robotic-Assisted Minimally Invasive Surgery · 108 cites
◆ Advancements109 · 48%
▼ 56%→40% share
▼0.7× share momentum4 median citations37% since 2021mostly methods-led
Advancements are cooling (56%→40% of field), led by Surgical robot.
rising sub-themes (early→recent)
  • Surgical robot56
  • Robot44
  • Haptic technology12
  • Robotic surgery12
  • Surgical instrument12
Landmark Subdermal Flexible Solar Cell Arrays for Powering Medical Electronic Implants · 142 cites
▼ Concerns50 · 22%
▲ 18%→26% share
▲1.4× share momentum2 median citations52% since 2021mostly position pieces
Concerns are rising (18%→26% of field), led by Biomedical engineering.
rising sub-themes (early→recent)
  • Biomedical engineering1→4
Landmark Current status and outlook on the clinical translation of biodegradable metals · 401 cites
RESEARCH HOTSPOTS · South Korea

Where medical devices is researched across South Korea

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Seoul96 · +0.41
Hot · Surgical robotAdvancing · Computer visionOpportunity · MEDLINEConcern · Robotic surgery
Daejeon36 · +0.52
Hot · WorkspaceAdvancing · SimulationOpportunity · Wound healing
Busan17 · +0.36
Hot · Perturbation (astronomy)Advancing · Haptic technology
Seongnam-si15 · +0.37
Hot · Surgical robotAdvancing · Surgical instrumentOpportunity · Biomedical engineering
Daegu13 · +0.42
Hot · RobotAdvancing · Mechanism (biology)Opportunity · Biocompatible material
Ulsan9 · +0.53
Hot · Computer visionAdvancing · Surgical robotOpportunity · MEDLINE
Gwangju7 · +0.56
Hot · RobotAdvancing · Surgical robot
Incheon5 · +0.28
Suwon5 · +0.00
PATENT SIGNAL · South Korea

Who's filing medical devices patents in South Korea

South Korea medical devices patent filing is accelerating — 101,861 filings from 8,000 assignees (2016–2025), led by Samsung, UNIV Korea RES & BUS Found, Korea Advanced INST SCI & TECH; annual filings 7688→11853.

101,861 filings8,000 assigneespeak 11853/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Samsung17681
  • UNIV Korea RES & BUS Found1952
  • Korea Advanced INST SCI & TECH1612
  • LG Electronics1599
  • UNIV Yonsei IACF1292
  • I SENS1154
  • KT & G1005
  • Medison999

Common questions

How many Traditional Medical Devices companies are there in South Korea?
Radar tracks 50 indexable Traditional Medical Devices companies headquartered in South Korea that meet our profile-completeness bar.
What is the total funding raised by Traditional Medical Devices companies in South Korea?
The Traditional Medical Devices companies in South Korea on this list have raised a combined $6.3M in disclosed equity funding across 2 funded companies.
Which is the highest-funded Traditional Medical Devices company in South Korea?
Proxy Healthcare is the highest-funded Traditional Medical Devices company in South Korea, with $6.2M in disclosed equity funding.
How many Traditional Medical Devices companies in South Korea are funded?
2 of the 50 Traditional Medical Devices companies in South Korea on this list have disclosed at least one equity funding round.
How many Traditional Medical Devices unicorns are there in South Korea?
None of the Traditional Medical Devices companies in South Korea on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in South Korea Traditional Medical Devices companies?
The most active investors in South Korea Traditional Medical Devices companies on this list include KIC Europe, ActnerLab, BSK Investment, Tech Incubator Program for Startup, Aju IB Investment.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon