Korea Market Entry / Insights

Korea Market Entry Playbook · 4 min read

Selling Medical Devices and Healthcare Solutions to Korean Hospitals

By Brian JY Yoo, LinkedIn B2B Growth Strategist, Founder of Founders Lab · October 23, 2026

Brian JY Yoo giving a keynote in Seoul
Keynote on global B2B growth, Seoul

Korea is one of the most attractive healthcare markets in Asia. Its large tertiary hospitals are research-driven, quick to try new technology, and closely watched by every other hospital in the country. It is also a market where foreign medical device and healthcare companies often stall for a year, waiting for the right introduction.

I built the Korean market for SOPHiA GENETICS, the Swiss genomics and data analytics company, when it was still an early-stage SaaS business. In the first year we ran pilot tests with all of Korea's Big 5 hospitals, signed 80 customer accounts, and generated $200,000 in revenue. More recently, a UK medical device company we supported as a part-time Korea consultant reached product testing and first sales at more than ten hospitals. This guide shares what made the difference.

01
Understand how Korean hospitals are organized

Not every hospital buys the same way. Plan your approach by tier.

A reference at one Big 5 hospital opens conversations across the country. That is why most successful entries start at the top, even though it takes longer.

02
Start with key opinion leaders and pilots, not purchasing

In Korean tertiary hospitals, a new technology usually enters through a physician or lab director who wants to use it, publish with it, or solve a specific clinical problem. Purchasing comes later.

With SOPHiA GENETICS, pilot tests at all Big 5 hospitals came first. Those pilots created the references that helped us reach labs and regional hospitals through a partner network, and to 80 accounts within the year.

03
Choose the right distributor

Most foreign medical device companies sell through a Korean distributor. A good one already has hospital relationships, handles import and registration logistics, and provides local service. A poor one adds your product to a long catalogue and waits.

04
Run regulation and sales in parallel

Medical devices in Korea are regulated by the Ministry of Food and Drug Safety (MFDS), and some products also need a reimbursement review before hospitals can bill for them. These processes take time and require specialists. Bring in an experienced regulatory consultant early.

The mistake is to wait for approval before starting any sales conversations. Use that period to build relationships with key opinion leaders, line up a distributor, prepare Korean-language materials, and agree on research or pilot projects where they are allowed. When approval arrives, you should already have a list of hospitals ready to start.

05
Prepare materials for Korean clinicians

Korean physicians often read English research papers fluently, but a Korean summary shows that you are committed to the market and makes it easier for them to share your product internally.

06
A realistic first-year plan

You do not need a Korean entity or a full-time country manager to follow this plan. Both of the results in this article were achieved by one experienced person working with headquarters, first as a Korea manager and later as a part-time consultant.

If you are planning a healthcare entry into Korea, the Korea Fit Check is a low-risk first step: a market scan, a target list and at least one arranged meeting with a Korean hospital or partner. For ongoing work, the Part-time Korea Consultant and Country Manager as a Service plans are explained in Hiring a Country Manager in Korea.

#MedicalDevices #KoreaHealthcare #MedTech #KoreaMarketEntry #KoreanHospitals #MFDS #HealthTech #Genomics #B2BKorea #Distributor

About the author

Brian JY Yoo is a LinkedIn B2B growth strategist based in Seoul, South Korea, with more than 36,000 LinkedIn followers and 11+ years of consulting and education experience. He is the founder of Founders Lab, which helps founders and businesses build global opportunities, works with Dalant Consulting Group as a partner, and delivers training to 300+ companies a year, with 500+ corporate training engagements to date. Before consulting, he worked in international sales as a country manager and APAC sales director. He advises Korean startups and global founders on overseas expansion, buyer and partner development, and LinkedIn strategy, is a Founder Institute mentor in Korea, and is an official consultant for the aT seafood export voucher program. He also lectures across government backed programs, including KEITI's Startrun initiative and the ICT Polytechnic University employment program.

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