R&D spending for medical technology South Korea 2018-2022

Published by Statista Research Department, Jul 8, 2024

In 2022, around 836.2 billion South Korean won were spent on research and development for medical devices in South Korea. The majority of that spending came from government sources while the rest came from private sources.

National research and development (R&D) spending for medical devices in South Korea from 2018 to 2022 (in billion South Korean won)

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Release date

May 2024

Region

South Korea

Survey time period

2018 to 2022

Number of respondents

100 medical device technology experts

Supplementary notes

1,000 South Korean won equals 0.72 U.S. dollars or 0.67 euro as of July 2024. 

Figures have been rounded.

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