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Genesis Wellbeing Inc.
Seoul, South Korea
A
11-50 Employees
2006
Key takeaway
Genesis Wellbeing is dedicated to enhancing overall wellness through its mission to make wellbeing products more inclusive and accessible. They focus on providing innovative, sustainable products that enrich lives and support a healthy lifestyle, aligning with their vision of helping people discover their true potential.
Reference
Core business
Genesis Wellbeing
Touchcare
Seongnam-si, South Korea
A
- Employees
-
Key takeaway
TouchCare is dedicated to enhancing the wellness of seniors through innovative technology and behavioral science. Their A.I. persona, Suni, engages with users to reduce loneliness and promote healthier lifestyle habits, resulting in significant improvements in mental health and quality of life for participants.
Reference
Core business
Remote Care Monitoring | Touchcare
Loneliness abatement, data-driven behavioral change and remote care monitoring for the elderly and care-in-the-community populations
MediHeroes
Seoul, South Korea
A
1-10 Employees
2020
Key takeaway
MediHeroes is a B2B medical platform that connects quality medical supplies and service providers with buyers, emphasizing product verification and trustworthiness. Through initiatives like the MediHeroes Go Global Program, the company supports the growth and expansion of startups in the medical field.
Reference
Core business
B2B Medical Platform | MediHeroes | MedicalDevice
COVID-19 test kits | MediHeroes is an international B2B medical marketplace for quality MedicalDevices.
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When exploring the wellness industry in South Korea, several key considerations are essential for informed decision-making. The country has a rapidly growing wellness market, driven by increasing health consciousness among consumers, which presents numerous opportunities for new entrants. Understanding local regulations is crucial, as South Korea has stringent food and health product safety laws that companies must adhere to, especially regarding supplements and beauty products. Challenges include fierce competition from both domestic and international brands, making differentiation critical for success. Additionally, cultural nuances influence consumer preferences significantly, requiring companies to tailor their offerings to meet local tastes and values. Environmental sustainability is becoming increasingly important, with consumers showing preference for eco-friendly and ethically sourced products. Furthermore, the global market relevance of South Korea's wellness industry cannot be overlooked, as the country is a major player in trends such as K-beauty and holistic health approaches. Companies seeking to enter this market should also consider the impact of digital transformation, as e-commerce continues to grow, providing new channels for reaching consumers. Overall, a comprehensive understanding of these factors will aid in successfully navigating the wellness landscape in South Korea.
Some interesting numbers and facts about your company results for Wellness
| Country with most fitting companies | South Korea |
| Amount of fitting manufacturers | 2 |
| Amount of suitable service providers | 3 |
| Average amount of employees | 11-50 |
| Oldest suiting company | 2006 |
| Youngest suiting company | 2020 |
Some interesting questions that has been asked about the results you have just received for Wellness
What are related technologies to Wellness?
Based on our calculations related technologies to Wellness are Home Furnishing & Decor, Luxury Goods, Fast Moving Consumer Goods, Food, Sport & Entertainment
Which industries are mostly working on Wellness?
The most represented industries which are working in Wellness are International Affairs and Trade, Medical, Other
How does ensun find these Wellness Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.