South Korea Lab Equipment Tenders

The South Korean laboratory equipment and services market is expected to reach USD 1.9 billion by 2027, driven by factors such as the growing aging population, increasing prevalence of chronic diseases, and rising government investment in healthcare infrastructure. The market is dominated by domestic players, with Thermo Fisher Scientific, Agilent Technologies, and Danaher Corporation among the leading suppliers.

The South Korean government is a major buyer of laboratory equipment and services, with an annual procurement budget of over USD 500 million. The government procures a wide range of products and services, including analytical instruments, diagnostic reagents, and laboratory consumables. The top authorities for laboratory equipment and services procurement are the Ministry of Health and Welfare, the Korea Centers for Disease Control and Prevention, and the Korea Institute of Science and Technology Information.

The main laboratory equipment and services products and services procured by the South Korean government include:
Analytical instruments: HPLC, GC-MS, LC-MS, ICP-MS
Diagnostic reagents: ELISA, PCR, immunoassays
Laboratory consumables: Pipettes, tubes, gloves
Laboratory services: Calibration, validation, maintenance

The top authorities for South Korea laboratory equipment and services procurement are:
Ministry of Health and Welfare
Korea Centers for Disease Control and Prevention
Korea Institute of Science and Technology Information

The top winners of South Korea laboratory equipment and services procurement include: South Korea: Medtronic Korea, Macrogen Inc., Genemed Co., Ltd.

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