GYEONGGI-DO

Leading the Global Medical Market with Expertise

and Vast Experience in Optics

 

                                  Headlight                                                                               Loupes

 

Q. Please introduce your company.

 

    「The Company that lights up」

 

Founded in 2015, ILLUCO specializes not only in the manufacturing of Lenses, Filters, Prisms, Mirrors, and other optical equipment based on advanced optical technology, but also in the design and development of optical equipment. Building on this expertise, it has introduced dermatoscopes, which are skin diagnostic devices, as well as loupes and headlights, for the first time in Asia. The company continues to actively export its products both domestically and globally, making constant efforts to promote South Korea’s name in the medical device market.

 

 

Q. ILLUCO’s Strengths

 

「Self-production possible throughout the entire manufacturing process through continuous R&D」

 

ILLUCO stands out as the only loupes manufacturer in Korea to boast inline technology integrated from its own optical design and lens processing to coating within its optical design research institute, giving it a significant competitive edge. We take pride not only in our design but also in delivering top-notch optical performance.

We believe that to achieve trendy product releases, performance, and pricing satisfaction, precision optical products must be directly designed and manufactured. Therefore, we have engaged in continuous research and development through collaborations with various companies, leading us to be recognized as a leading global manufacturer of next-generation top-tier products. The strength of ILLUCO lies in its distinctive technology.

 

 

Q. Introduction of the ILLUCO’s Main Products

 

「Customized Product Manufacturing and Globally Recognized Designs」

 

The first thing to mention would be the skin diagnostic device we developed, a first of its kind in Asia. Unlike conventional diagnostic devices, it does not require the application of liquids or gels. Instead, it utilizes polarized light mode to directly observe the epidermis and dermis. It is also very portable.

For loupes, we offer customized products tailored to the user’s physical condition and medical field. Unlike traditional clip-on types, they can be directly attached to glasses, allowing for lightweight design. Moreover, our product received international recognition for its outstanding design, winning the Reddot Design Award in the Medical Devices category in 2022, marking the first win for an Asian product in this field.

 

Q. Outlook for the Optical Medical Equipment Market

 

「Steady increase in demand due to population aging」

 

Medical optical equipment is projected to grow at an annual rate of 7.4% until 2029, reaching a market worth $27.5 billion.

Due to the aging population and explosive growth in the use of smart devices, the number of eye disease patients is also increasing rapidly. Skin diagnostic devices have already become mainstream equipment in overseas medical markets, often referred to as stethoscopes for dermatologists, indicating their widespread use and steady demand. In addition, with advancements in medical technology, there is a trend towards treating patients' diseases with minimal surgical intervention, driving an increased demand for optical equipment to precisely assess patient conditions. Furthermore, as medical professionals themselves age, there is expected to be a steady increase in demand for optical equipment such as loupes.

 

 

                                                                    HONG ILPYO ,  CEO 

 

Q. Export Strategy Moving Forward

 

「Becoming the world's leading optical medical equipment company」

 

After promoting our products worldwide for about 10 years, we have now grown into a company that is sought after globally. ILLUCO is currently exporting to over 35 distributors worldwide and is striving for quantitative growth by expanding its distribution network to export products to various countries around the world based on certifications such as FDA and CE MDR.

Furthermore, we are continuously conducting research and development on optical equipment that can be used in various medical fields such as dentistry to foster the company’s new growth. We will strive to become the world’s leading company in the optical medical equipment market, not limited to South Korea.

 

Website: https://illuco.co.kr/