Sejong Medical

What Sejong Medical does

Sejong Medical Co., Ltd. (주식회사 세종메디칼) is a South Korean medical device manufacturer specializing in disposable laparoscopic surgical instruments, founded in 1996 in Paju, Gyeonggi-do. The company developed Korea's first domestically produced trocar in October 1996 and has since built a comprehensive portfolio spanning trocars (Laport series), single-port access devices (Lapsingle family including Da Vinci-compatible variants), specimen retrieval pouches (Lapbag, Dropbag), absorbable suture loops (Laploop), suction/irrigation electrodes (LAP-iX, LAP-iX2), smoke filtration systems (Smoklean), and uterine manipulators (BUMI). Manufacturing operates under a 100% in-house "One Stop Production System" covering R&D, assembly, packaging, and sterilization, supported by registered Korean and US patents across core product lines and full regulatory clearances including FDA 21 CFR Part 11, CE, ISO 13485, and Korean MFDS GMP certifications (acquired 2007).

The company's revenue model is hardware sales of disposable devices to hospitals and surgical centers performing minimally invasive surgery, with direct field sales domestically (Korea) and distributor-based international sales across Europe (Medica Germany), the Middle East (WHX Dubai), and other CE/FDA-cleared export markets. Customer segments are horizontal — general surgery, gynecology, urology, and gastrointestinal — with international distributors serving as the secondary GTM channel alongside enterprise hospital sales.

Sejong Medical was KOSDAQ-listed in May 2018 but entered a period of significant corporate restructuring in 2025-2026: shareholders passed a dissolution resolution on December 31, 2025; the Korea Exchange issued a delisting decision on June 11, 2026; and major shareholder BSJ Holdings conducted a competitive tender sale of its 31.43% stake and 40B KRW convertible bonds (up to 55.1% fully diluted) through Samil KPMG Deal Advisory. Financial performance has been challenged, with revenue declining from a 2021 peak and net losses persisting through 2025, despite export award progression ($1M → $2M → $3M tiers) and continued product launches.

Name

Sejong Medical

Legal name

주식회사 세종메디칼 (Sejong Medical Co., Ltd.)

Website

https://sejongmedical.com

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

Sejong Medical is a Korean medical device manufacturer founded in 1996 that develops, produces, and sells disposable laparoscopic surgical instruments — including trocars, single-port systems, specimen pouches, and electrosurgery devices — to hospitals and surgical centers domestically and via international distributors.

Ownership category

akta.pro rank

Product category

Laparoscopic Surgical Instruments / Minimally Invasive Surgery Devices

NAICS

Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS) (HLAHADAA)

akta.pro secondary industries

Endoscopic Therapeutic & Access Devices (Trocars, dilators, biopsy/ablation tools) (HLAHADAN), Single-Use Surgical Devices & Procedure Packs (Disposable instruments, drapes, kits) (HLAHADAM), Minimally Invasive Gynecologic Surgery (Laparoscopy/Hysteroscopy) (HLAKAJAF)

Keywords

• Laparoscopic surgical instruments
• Single port access devices
• Minimally invasive surgery devices
• Disposable trocar devices
• Surgical smoke filtration

Headquarters

HQ city

Paju

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Medical Device Sales: Sejong Medical generates revenue primarily from the manufacture and sale of laparoscopic surgical instruments and medical devices, including trocars, single-port systems, suction/irrigation devices, smoke filters, specimen retrieval pouches, suture loops, and uterine manipulators. Products are sold through direct sales to hospitals and channel distributors internationally.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Sejong Medical develops, manufactures, and sells laparoscopic surgical instruments for minimally invasive surgery, including trocars (Laport series), single-port access systems (Lapsingle), specimen retrieval pouches (Lapbag, Dropbag), suture loops (Laploop), suction/irrigation electrodes (LAP-iX), smoke filters (Smoklean), and uterine manipulators (BUMI). All products are manufactured in-house through a 100% one-stop production system covering R&D, manufacturing, packaging, and sterilization, and are sold to hospitals, surgical centers, and international distributors.

Product overview

Sejong Medical is a Korean medical device company specializing in laparoscopic surgical instruments, established in 1996 and recognized as a leader in Korea's laparoscopic medical device market. The company operates a One Stop production system covering in-house development, manufacturing, packaging, and sterilization. The product portfolio centers on laparoscopic surgery equipment organized into six main categories: Trocars (Laport series including Laport-S, Laport-U, Laport-MU, Laport-e, Laport-3, DRG Port, Hiport, Mini Port, and Laport-CS for thoracoscopy), Single Port Access Devices (Lapsingle, Lapsingle Plus, Lapsingle Vision, Lapsingle SP for Da Vinci robotic surgery, Search Port, and Wound Retractor), Specimen Retrieval Pouches (Lapbag and Dropbag), Suture Loop Devices (Laploop), Suction Irrigation Electrode Devices (LAP-iX series including LAP-iX2), and Smoke Filters (Smoklean). Additional specialized products include BUMI for uterine manipulation during hysterectomy. The company exports globally and holds international certifications including FDA, CE, ISO 13485, and Korean GMP.

Differentiator

Problem solved

Functional benefit

Brands

• Laport: Disposable trocar product line including Laport-S, Laport-U, Laport-MU, Laport-e, Laport-3, Laport-CS models
• Lapsingle
• Lapbag
• Dropbag
• Laploop
• LAP-iX
• Smoklean
• BUMI

Products and services

• Laport-S A trocar device that maintains pneumoperitoneum and enables insertion of various laparoscopic surgical instruments through the abdominal wall. Features a rotatable 5mm converter for dual-spec use, one-touch button for smoke and gauze removal, serration structure preventing insertion device detachment, and blade-type secondary puncture prevention. Used by surgeons performing laparoscopic surgery.
• Laport-U (Universal) Universal trocar allowing insertion of various-sized instruments. Features blade-type stable locking mechanism preventing secondary puncture and round head structure for comfortable grip. Used by surgeons performing laparoscopic surgery.
• Laport-MU (Mini Universal) Mini universal trocar with safety lock and auto loading for secondary puncture prevention. Accommodates instruments from 5mm to 12mm. Features detachable head for easy gauze and specimen removal, serration structure preventing detachment, and 30% smaller head than standard Laport for improved grip and reduced port interference. Used by surgeons performing laparoscopic surgery.
• DRG Port Trocar with manual locking and release mechanism with indicator. Features 40% smaller simplified head design compared to previous models and cross-shaped sealing valve. Used by surgeons performing laparoscopic surgery.
• Laport-e Trocar featuring ergonomic design that provides excellent grip comfort for surgeons during laparoscopic surgery.
• Hiport Trocar equipped with rotatable 5mm converter for dual-spec use. Used by surgeons performing laparoscopic surgery.
• Mini Port Small-sized trocar designed for pediatric or petite patients requiring smaller instrumentation. Used by surgeons performing laparoscopic surgery.
• Laport-3 Trocar made of high-durability stainless steel, designed for 2–3mm instruments with minimized body and outer surface providing excellent grip. Used by surgeons performing laparoscopic surgery.
• Laport-CS Trocar consisting of cannula and stylet for thoracic endoscopic surgery. Features serrated cannula for easy insertion and increased port stability with reduced slippage. Available in Hard Type for strong impact resistance and Soft Type with flexible material reducing tissue and chest pressure. Used by surgeons performing thoracoscopic surgery.
• Lapsingle Versatile single port for all types of single-port laparoscopic surgery including robotic surgery. Features separable single-port design for single incision surgery, universal port accommodating instruments from 5mm to 12mm, and spring valve ensuring smooth gas circulation. Used by surgeons performing single-incision laparoscopic surgery.
• Lapsingle Plus Single port device with spring valve for smooth gas circulation and optimized for robotic surgery with high flexibility and heat resistance. Used by surgeons performing robotic-assisted laparoscopic surgery.
• Lapsingle Vision Single port device with high transparency for enhanced visualization during laparoscopic procedures. Used by surgeons performing single-port laparoscopic surgery.
• Lapsingle SP Da Vinci robotic surgery single-port laparoscopic device featuring Davinci SP Port (25mm) with transparent material for easy abdominal access. Used by surgeons performing Da Vinci robotic-assisted surgery.
• Search Port Port primarily used during laparoscopic examination, featuring flexible material allowing easy scope manipulation through the port. Used by surgeons during laparoscopic examination procedures.
• Wound Retractor Device serving as passage for Lapsingle products, used to protect skin and facilitate easier incision opening. Features high durability of urethane material and provides easy and stable incision space. Used by surgeons performing single-port laparoscopic surgery.
• Lapbag Specialized bag for safely extracting various specimen tissues generated during laparoscopic surgery. Features automatic pouch operation, multiple sizes (XS, S, M, L, XL, XXL, 3XL), multiple types (U Type, V Type, Y Type), and sturdy durability. Used by surgeons performing laparoscopic surgery.
• Dropbag Easy-opening specimen retrieval pouch with pre-folded design for easy handling. Features tear-resistant sturdy material pouch and dual welt cores preventing separation of pouch fixation device. Used by surgeons performing laparoscopic surgery.
• Laploop Device for suturing wounds with convenient usage method. Features absorbable suture material that is harmless to the body and stable knot that does not come undone. Used by surgeons performing wound closure during laparoscopic surgery.
• LAP-iX S/I only Suction and irrigation device for laparoscopic surgery with shaft size of 5mm and shaft lengths of 330mm and 450mm. Used by surgeons performing laparoscopic surgery.
• LAP-iX Suction and irrigation device with electrode for various uses during laparoscopic surgery. Features 5mm shaft, separable tip and handle design. Used by surgeons performing laparoscopic surgery.
• LAP-iX2 Improved suction and irrigation device with electrode featuring enhanced electrode tip that reduces likelihood of carbonized material adhering to end and easier removal. Features ergonomic handle with anti-slip bushing for excellent grip and smooth S/I control with soft button minimizing user fatigue. Used by surgeons performing laparoscopic surgery.
• Smoklean Filter device that removes harmful particles and substances from exhaust gas generated when using energy devices during laparoscopic surgery. Effectively reduces smoke and color. Features PRE/ACF/DNA filters that filter out carcinogens and smoke. Used by surgical teams during laparoscopic surgery to filter surgical smoke.
• BUMI Device used during laparoscopic hysterectomy to adjust uterine position. Features ergonomic handle for user comfort during long surgeries, automatic valve preventing air leakage after inflation, tip with surgical cutting guide line and rotatable handle for cup angle adjustment, and 1mm thick round tip providing sufficient strength. Used by gynecologic surgeons performing laparoscopic hysterectomy.

Quantifiable outcome

• Laparoscopic surgery reduces recovery time to 5–10 days compared to 6–8 weeks for open surgery
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core and minor.

• 삼정회계법인 Deal Advisory (Samil KPMG)coreImplementation/ SI/ Consulting Partner · 1 October 2025KPMG Korea's Deal Advisory division (Samil) served as M&A advisor and sale process manager for the competitive tender sale of BSJ Holdings' stake in Sejong Medical. Managing directors Bong-soo Kim and Se-hun Kim oversaw the process, managing bidder qualification, due diligence data rooms, and bidding coordination.
• Local Distributors (International)coreChannel Partner/ Reseller/ DistributorSejong Medical forms strategic partnerships with local distributors in overseas markets to expand its global footprint. These distributors facilitate local market entry, regulatory navigation, and sales distribution for Sejong's laparoscopic devices across multiple international markets.
• Medical Institutions (International)minorStrategic or Co-development PartnerSejong Medical collaborates with international medical institutions to support product adoption, gather clinical feedback, and tailor products to regional medical practices and surgical technique requirements.

Scale indicators4 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• B. Braun Melsungen AG:
• Ethicon (Johnson & Johnson MedTech): Ethicon is the surgical instruments arm of Johnson & Johnson and a dominant global supplier of trocars, staplers, sutures, and other laparoscopic devices. Operates broadly across all surgical specialties served by Sejong, with vastly larger scale.
• Medtronic (Minimally Invasive Therapies): Medtronic's Minimally Invasive Therapies group (including legacy Covidien) is a leading global supplier of laparoscopic instruments, energy devices, and surgical supplies. Broad incumbent with substantial overlap with Sejong's product categories.
• Olympus Corporation: Olympus is a global leader in endoscopic visualization and minimally invasive surgical instruments. While strongest in scopes, Olympus also supplies trocars and laparoscopic accessories that overlap with Sejong's portfolio.

Direct peers

• Karl Storz SE & Co. KG: Karl Storz is a leading German manufacturer of endoscopes and laparoscopic instruments for minimally invasive surgery. Direct competitor to Sejong across the laparoscopic instrument category, with global distribution overlap including Europe and the Middle East.
• Applied Medical: Applied Medical is a US-based privately held manufacturer of surgical devices including trocars, single-port access systems, and other laparoscopic instruments — directly overlapping Sejong Medical's core trocar (Laport) and single-port (Lapsingle) product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@sejongmedical1255

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sejong Medical