Dongbang Medical
- Company typePrivate
- Founded1985
- HeadquartersSeongnam, South Korea
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
Dongbang Medical firmographics
Firmographics- Name
- Dongbang Medical
- Website
- https://dbneedle.com
- Company type
- Private
- Founded year
- 1985
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Dongbang Medical industry classification
Industry- Product category
- Medical Devices
- NAICS
- Surgical and Medical Instrument Manufacturing (339112)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Medical-Grade Device Connectivity & Device Management (MDM) (HLACAFAG)
Keywords
Where Dongbang Medical is headquartered
LocationHeadquarters
- HQ city
- Seongnam
- HQ country
- South Korea
- HQ region
- Asia
Markets served
Dongbang Medical business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Dongbang Medical product offering
Product offeringCore offering
Dongbang Medical is a South Korea-based manufacturer of medical devices and cosmetic devices, founded in 1985 and headquartered in Seongnam. The company produces needle-based medical and aesthetic instruments (as suggested by its dbneedle.com domain) and is publicly listed on the KOSDAQ exchange under ticker 240550. Its offerings target healthcare, clinical, and aesthetic/cosmetic applications.
Differentiator
Problem solved
Functional benefit
Products and services
- Medical and Cosmetic Needle Devices
Companies that use Dongbang Medical
Customer profileIdeal customer profiles1 record
Dongbang Medical technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Dongbang Medical competitors and assessment
Company assessmentDirect peers
- Seirin Corporation: Leading Japanese manufacturer of acupuncture needles and related medical instruments — directly comparable to Dongbang Medical's core needle-based product line and traditional medicine device focus.
- Sewon Cellontech: KOSDAQ-listed Korean medical device company with aesthetics and regenerative medicine products — overlaps with Dongbang Medical's cosmetic/medical device dual focus in the same domestic market.
Broad incumbents
- Lutronic Corporation: KOSDAQ-listed Korean developer of energy-based aesthetic and medical laser systems — comparable to Dongbang Medical's cosmetic device business with greater scale and international footprint.
- B. Braun Melsungen AG: Global medical device and surgical instruments manufacturer — provides broad market context for medical instrument OEMs and a benchmark for scale, regulatory, and distribution expectations.
- Smith & Nephew plc: Global medical technology company with surgical and wound care device franchises — comparable end-markets and customer base (hospitals, clinics) as Dongbang Medical's medical device business.
- Medtronic plc: Largest global medical device manufacturer — provides scale and competitive context for what Dongbang Medical must contend with if it expands outside Korea.
- Stryker Corporation: Global medical device company with surgical instruments and equipment — comparable medical device OEM dynamics and regulatory/market access benchmarks.
- Halma plc: Global group of niche medical and safety technology businesses — relevant peer model for a small public medical device company pursuing growth through adjacent niche product lines.
Others
- Cardinal Health: Global healthcare products distributor — relevant as a downstream channel partner and comparator on how medical devices reach end users in hospital systems.
Emerging players
- Haemonetics Corporation: Mid-cap medical device company focused on hospital and blood management products — useful comparator for a small public medical device manufacturer seeking scale and global reach.
Market position
Customer concentration
Dongbang Medical financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dongbang Medical leadership team
Management profileNumber of profiles
Profiles1 record
Dongbang Medical funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dongbang Medical M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dongbang Medical
What does Dongbang Medical do?
Dongbang Medical is a South Korea-based manufacturer of medical devices and cosmetic devices, founded in 1985 and headquartered in Seongnam. The company produces needle-based medical and aesthetic instruments (as suggested by its dbneedle.com domain) and is publicly listed on the KOSDAQ exchange under ticker 240550. Its offerings target healthcare, clinical, and aesthetic/cosmetic applications.
When was Dongbang Medical founded?
Dongbang Medical was founded in 1985. It employs 101 to 250 people.
Where is Dongbang Medical based?
Dongbang Medical is headquartered in Seongnam, South Korea, in the Asia region.
Who are Dongbang Medical's main competitors?
Direct peers on record are Seirin Corporation and Sewon Cellontech. Broad incumbents are Lutronic Corporation, B. Braun Melsungen AG, Smith & Nephew plc, Medtronic plc, Stryker Corporation and Halma plc. Cardinal Health is listed as an others. Haemonetics Corporation is listed as an emerging player.
Does Dongbang Medical have an API?
No public API is recorded for Dongbang Medical.
What industry is Dongbang Medical in?
Dongbang Medical's product category is Medical Devices. Its primary akta.pro industry code is HLACAFAG, Medical-Grade Device Connectivity & Device Management (MDM). Its NAICS code is 339112 and its SIC code is 3841.