Federal Express Corporation (FedEx) has entered into a collaboration with the Korea Medical Devices Industry Association (KMDIA) aimed at strengthening the global reach of Korean medical device manufacturers. The initiative is designed to enhance export readiness by combining logistics expertise with industry-specific support, as both organizations seek to improve the international competitiveness of the sector. Representing approximately 1,100 companies and accounting for more than 70% of Korea’s total medical device exports, KMDIA plays a central role in shaping the country’s export ecosystem, making this FedEx KMDIA partnership a strategically significant development.
As part of the agreement, member companies will gain access to discounted international shipping services, with savings of up to 60% across offerings such as FedEx International Priority® Express, FedEx International Priority®, and FedEx International Economy. These solutions are positioned to address the time-sensitive and compliance-driven requirements of medical device exports, leveraging FedEx’s global logistics network to provide reliable and flexible delivery capabilities. The collaboration also introduces a structured support framework through educational webinars and one-on-one consultations focused on customs clearance procedures, regulatory compliance, and export optimization strategies.
The broader backdrop for this FedEx KMDIA partnership reflects sustained growth in Korea’s medical device sector, supported by rising demand for diagnostic reagents, aesthetic laser systems, and rehabilitation equipment. The country’s biohealth industry is forecast to expand by 20.8% to USD 290 billion in 2026, marking its fastest growth since 2019, with projections indicating a further increase to USD 357 billion by 2029. In parallel, the Korean government has outlined plans to invest approximately USD 628 million between 2026 and 2032 to accelerate research and development in medical devices, reinforcing its ambition to position the sector as a national growth engine.
“We are excited to collaborate with KMDIA to support Korean medical device manufacturers and exporters as they scale globally,” said Wonbin Park, managing director of FedEx Korea. “With our global network, industry expertise and differentiated logistics solutions, FedEx is well positioned to help K-biohealth compete on the world stage and contribute to the government’s vision of developing medical devices into a new national growth engine.”
