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VATECH
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VATECH¡¯s slogan ¡°Effortless gain is vain. We harvest only what comes with hard work and perspiration¡±
In spite of the consistent expansion of the domestic medical equipment market, with the average
annual growth rate of 14.5%, the rate of equipment importation has outgrown the pace of export
by domestic manufacturers. In fact, the market share of the imported medical equipment commands
almost 60% of total domestic medical equipment market in Korea in terms of monetary value when
the actual number of unit sold makes up only 37% of the total market size.
Under the current market condition, VATECH including its subsidiary E-WOO is the only domestic manufacturer of high price dental CT system with 95% market share of the domestic dental CT market with the growing annual sales revenue:
54 billion won (E-WOO 28 billion won) in 2006, 65 billion won (E-WOO 50 billion won) in 2007, and 80 billion won (E-WOO 63.6 billion won).
There are 8 branch offices and 17 technical support center throughout the country. With 11 overseas offices in 9 countries throughout the Europe, Asia and North America ,the total export reached $280 million dollar ($240 million by E-WOO) last year.
VATECH offers the most number of digital diagnostic systems; 7 different dental CT models and 7 different panoramic X-ray systems by a single company and also develops and manufactures its own digital radiographic sensor, the most critical component of diagnostic X-ray systems. The partnership with Samsung in product research and development brought 17¡±x17¡± FPXD into market in 2007 with commercial implication of expanding the target market to include medical chest and veterinarian X-ray market.
The successful participation of the IDS 2009, Colone, Germany, resulted over $20 million in new sales during the 4 day event and initiated a discussion of supplying X-ray sensors and future technical cooperation with the major dental equipment manufacturer.
VATECH continuously strives to contribute to the advancement of domestic economy through transparent management and by creating job opportunities via increasing export, the technological development and customer oriented competitiveness.
Contact Information by Marketing & Business
>info@vatech.co.kr
Contact Information by Product Information & Order Processing
>sales@vatech.co.kr
Contact Information by Website
>webmaster@vatech.co.kr
Contact Information by Clinical & Dental Treatment Suggestion
> dentalct@vatech.co.kr
