OLYMPUS

Name

OLYMPUS

Legal name

OLYMPUS KOREA CO., LTD. (올림푸스한국 주식회사)

Website

https://olympus.co.kr

Company type

Public

Founded year

1919

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Endoscopic and Surgical Medical Devices

NAICS

Surgical and Medical Instrument Manufacturing (339112)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Endoscopy Systems & Accessories (Scopes, Cameras, Light Sources, Insufflation) (HLAHADAB)

akta.pro secondary industries

Endoscopic Therapeutic & Access Devices (Trocars, dilators, biopsy/ablation tools) (HLAHADAN), Advanced Endoscopy (ERCP/EUS/Interventional) (HLAKAEAC)

Keywords

• Medical endoscopy equipment
• Laparoscopic surgical systems
• Surgical energy instruments
• Medical imaging platforms
• Minimally invasive surgery

Headquarters

HQ city

Seocho

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Device Hardware Sales: Sales of endoscopes (gastrointestinal, respiratory, duodenoscope, cholangioscope), laparoscopic surgical systems, surgical instruments (THUNDERBEAT, HIcura, POWERSEAL), and imaging systems (EVIS LUCERA, VISERA series).
2. Medical Device Repair & Service: Repair services and after-sales support for medical equipment, operated by over 150 professional engineers in Korea.
3. Endotherapy & Surgical Consumables: Consumable devices used during endoscopic procedures including treatment accessories, sutures, and disposable instruments.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

OLYMPUS KOREA manufactures and distributes medical endoscopic and surgical equipment for hospitals and clinics. Core offerings span gastrointestinal and respiratory endoscopes, laparoscopic surgical systems, surgical energy devices (THUNDERBEAT, POWERSEAL), AI-assisted colonoscopy (EndoBRAIN-EYE), and integrated operating room solutions (ENDOALPHA). The company also provides endotherapy consumables, after-sales repair services through 150+ engineers, and hands-on clinician training at KTEC.

Product overview

Olympus operates three main business divisions: Medical Business, Science Solutions, and previously Imaging Products. Medical Business provides endoscopic solutions for early diagnosis and minimally invasive treatment through GIR (gastrointestinal/respiratory endoscopy) and SP (surgical products) divisions, including EVIS LUCERA ELITE, VISERA ELITE III, VISERA S, ENDOALPHA surgical room integration system, ENDOEYE FLEX 3D laparoscopy, THUNDERBEAT dual-energy device, EndoBRAIN-Eye AI diagnostic system, capsule endoscopes, and EU-ME3 ultrasound processor. Science Solutions offers microscopes (FLUOVIEW confocal, LEXT laser scanning, DSX optical-digital, STM7 measurement), industrial endoscopes (IPLEX series), and clinical analyzers (AU3000i). Former Imaging Business produced PEN and OM-D mirrorless cameras and Tough action cameras, though Korean camera operations ended in 2020.

Differentiator

Problem solved

Functional benefit

Brands

• Going-on Campaign (고잉 온 캠페인): Social contribution campaign launched in August 2020 supporting cancer survivors through various programs including Going-on Walk, Going-on Diary, Going-on Concert, Going-on Talk, Going-on Webtoon, and Going-on Studio.

Products and services

• GIR (Gastrointestinal and Respiratory Endoscopy Division) Division offering gastrointestinal and respiratory endoscopes for stomach, colon, duodenum, pancreatobiliary, and respiratory applications, plus treatment devices for minimally invasive procedures, for hospitals and specialists.
• SP (Surgical Products Division) Division offering 3D laparoscopy systems, energy surgical instruments, and integrated surgical room solutions for general surgery, urology, gynecology, and ENT procedures, targeted at hospitals and surgical departments.
• EVIS X1 Next-generation endoscopic system providing enhanced imaging capabilities for diagnostic and therapeutic endoscopic procedures across gastrointestinal and respiratory applications, for hospital endoscopy departments.
• VISERA ELITE III Laparoscopic system providing high-quality 3D visualization for general surgery, urology, gynecology, and ENT procedures, for hospitals and surgical departments.
• VISERA S Next-generation surgical imaging system optimized for ENT (Ear, Nose, Throat) clinical environments, providing enhanced visualization for ENT surgeons and hospitals.
• EU-ME3 Next-generation ultrasound endoscope processor supporting precise diagnosis of pancreatic, biliary, and pulmonary diseases, for hospital gastroenterology and pulmonology departments.
• EndoBRAIN-EYE AI-assisted colonoscopy screening system that uses computer vision to analyze colonoscopic images in real time to assist physicians in detecting abnormalities, for hospital endoscopy departments and gastroenterologists.
• HICURA Next-generation laparoscopic surgical instrument with enhanced precision and stability, ergonomic design and proprietary grip mechanism to reduce operator burden, for surgeons performing minimally invasive procedures.
• THUNDERBEAT World's first dual energy surgical instrument combining bipolar radiofrequency and ultrasound energy for simultaneous cutting and sealing during surgery, for hospital operating rooms and surgeons.
• ENDOALPHA Surgical room integration system (Endosurgical Operating Room System) connecting surgical equipment and providing centralized management of video, documentation, and workflow in operating rooms, for hospital surgical suites.
• ENDOEYE FLEX 3D 3D laparoscopic system enabling surgeons to perform procedures with enhanced depth perception for safer and more precise minimally invasive surgery, for hospital laparoscopic surgeons.
• EVIS LUCERA ELITE Advanced endoscopic video imaging system with integrated NBI (Narrow Band Imaging), providing high-definition visualization for gastrointestinal and respiratory endoscopic procedures, for hospital endoscopy departments.
• POWERSEAL Energy surgical equipment for sealing blood vessels and tissue during surgical procedures, for hospital surgeons and operating rooms.
• iTind Minimally invasive treatment solution for benign prostatic hyperplasia (BPH) providing an alternative to traditional surgery, for urology departments and urologists.
• Capsule Endoscope (Enteric Capsule) Small intestine capsule endoscope for non-invasive visualization of the small bowel, for gastroenterology departments.
• Medical Device Repair and After-Sales Service Repair services and after-sales support for Olympus medical equipment across Korea, operated by over 150 professional service engineers, for hospitals and clinics operating Olympus capital equipment.
• KTEC (Korea Medical Training & Education Center) Medical training and education center established in 2017 at Songdo, Incheon, providing hands-on training facilities including simulation operating rooms and labs for healthcare professionals adopting Olympus technology.
• Endotherapy and Surgical Consumables Consumable devices used during endoscopic procedures including treatment accessories, sutures, and disposable instruments, for hospital endoscopy and surgical departments.

Quantifiable outcome

• KTEC training center supports laparoscopic education programs from Year 1 to Year 4 residents, with junior (1-2 year) and senior (3-4 year) tracks, utilizing the Songdo facility's OR-simulating training rooms

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature12 records

Partnerships

13 partnerships are on record, tiered core, minor and flagship.

• Korean Society of Obstetrics and Gynecology (대한산부인과학회)coreStrategic or Co-development Partner · 27 April 2026MOU for joint development and operation of year-specific laparoscopic training programs for OB/GYN residents (Year 1–4), with junior (1-2 year) and senior (3-4 year) tracks. Olympus Korea provides KTEC infrastructure for hands-on training to advance residency training and improve patient safety.
• iNEXX Corporation (아이넥스코퍼레이션)coreTechnology or Integration · 1 January 2026MOU for domestic expansion of AI-based endoscopy software 'enDOC' using iNEXX's AI technology integrated with Olympus endoscopy systems. iNEXX is a domestic AI endoscopy specialist.
• Incheon Culture & Arts Foundation (인천문화재단)minorStrategic or Co-development Partner · 1 January 2025Partnership for the Going-on Campaign Hope Trip — a 1-night 2-day trip for cancer survivors held September 2025.
• Gihye Hospital (기쁨병원)minorStrategic or Co-development Partner · 1 January 2024MOU for advancing endoscopy diagnosis and treatment field with cutting-edge technology solutions.
• Medical IP (메디컬아이피)minorStrategic or Co-development Partner · 1 January 2021MOU for development of 3D printing simulator for medical training in ERCP and urology fields.
• Korean Cancer Association (대한암협회)flagshipStrategic or Co-development Partner · 1 August 2020Ongoing strategic partnership for the Going-on campaign supporting cancer survivors, including Going-on Walk (plogging), Going-on Diary, Going-on Concert, Going-on Talk, Going-on Webtoon, and Going-on Studio programs. First launched August 2020.
• Korean Society of Digestive Endoscopy (대한소화기내시경학회)coreStrategic or Co-development Partner · 1 January 2018MOU for We(胃) Together — a migrant worker endoscopy clinic outreach program conducted with Hope Friends (희망의친구들).
• Seoul Arts Center (예술의전당)minorStrategic or Co-development Partner · 1 January 2018Social contribution business MOU supporting arts and cultural programs.
• Korean National University of Arts Student Industry Cooperation Group (한예종 산학협력단)minorStrategic or Co-development Partner · 1 January 2017Social contribution MOU supporting arts education and cultural development.
• Incheon Metropolitan City Social Welfare Council (인천시사회복지협의회)minorStrategic or Co-development Partner · 1 January 2017Social contribution MOU for community welfare programs in Incheon.
• Korean Red Cross (국경없는의사회)minorStrategic or Co-development Partner · 1 January 2016MOU with Médecins Sans Frontières Korea for public interest international medical cooperation.
• Seoul Foundation for Arts and Culture (서울문화재단)minorStrategic or Co-development Partner · 1 January 2016MOU for arts talent cultivation programs and arts education support.
• Korean Arts Council / Korean Cultural Arts Committee (한국문화예술위원회)minorStrategic or Co-development Partner · 1 January 2013MOU for next-generation arts talent development programs.

Scale indicators7 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Conmed: Conmed provides electrosurgical generators, smoke evacuation, and minimally invasive surgical devices that overlap with Olympus's POWERSEAL and THUNDERBEAT energy-instrument portfolio in general surgery and laparoscopic applications.
• Hologic: Hologic's women's health and surgical portfolios (including NovaSure and MyoSure) intersect with Olympus's gynecology laparoscopy offerings and OB/GYN-focused training programs at KTEC, making it an indirect but relevant peer in the OB/GYN channel.
• B. Braun: B. Braun's Aesculap division offers surgical instruments and endoscope-related equipment as part of a broader hospital-supplies portfolio, providing partial competition to Olympus's surgical and endoscopy offerings across Korean accounts.

Direct peers

• Fujifilm: Fujifilm's medical systems division (including ELUXEO endoscopy platform with BLI/LCI image-enhanced endoscopy) is the most direct head-to-head competitor to Olympus in GI and respiratory endoscopy across Korean hospitals. Both companies compete on optics, imaging, and AI-enabled colonoscopy.
• Boston Scientific: Boston Scientific's endoscopy division (including SpyGlass cholangioscopy and resection/therapeutic devices) competes with Olympus in endoscopic therapeutic instruments, particularly ERCP/EUS and GI therapeutic accessories such as THUNDERBEAT-adjacent categories.
• Karl Storz: Karl Storz is a leading global competitor in rigid and flexible endoscopy, surgical visualization (IMAGE1 S), and integrated OR solutions, directly overlapping with Olympus's VISERA and ENDOALPHA product lines in laparoscopy and ENT.
• Richard Wolf: Richard Wolf is a German endoscopy and surgical instrumentation specialist whose laparoscopic towers, urology endoscopes, and resectoscopes overlap with Olympus's SP (Surgical Products) and GIR divisions in Korean tertiary hospitals.
• Stryker: Stryker's endoscopy and surgical visualization business (including 16884K camera platform and SPY imaging) competes directly with Olympus VISERA ELITE III and ENDOEYE FLEX 3D in laparoscopic and minimally invasive surgical visualization across Korean hospitals.

Emerging players

• CapsoVision: CapsoVision competes in capsule endoscopy (CapsoCam Plus), a category where Olympus has historic strength with its 2005-launched capsule endoscope — making it a niche emerging peer in small-bowel diagnostic imaging.
• Procept BioRobotics: Procept BioRobotics markets the AQUABEAM and Hydra robotic systems for BPH treatment, directly competing with Olympus's newly-launched iTind minimally invasive BPH solution in the Korean urology channel.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about OLYMPUS