• $120 billion pharmaceutical market (2011)
  • $27 billion medical device market; expected to grow to $39 billion (2015)
  • Government interest in accelerating medical innovation
  • High level of technology
  • National Health Insurance – Universal Reimbursement
  • Majority of care is hospital based;  Emergence of small clinics, especially in metro areas
  • Focus on quality and safety as a top priority