The Scale of Korea's Healthcare Industry

• Pharmaceuticals

  13th in the world 17.9 billion USD

• Medical devices

  9th in the world 6.5 billion USD

• Cosmetics

  8th in the world 12.5 billion USD

• Medical services

  12th in the world 125.9 billion USD

Development of Innovative Healthcare Industry Agendas and Policy Support

With the emergence of the 4th Industrial Revolution, the paradigm of healthcare industry is changing. In responding to the paradigm shift, it is necessary to equip healthcare industry with next-generation technologies. For this, we are exploring innovative agendas to support the mid to long term polices established by the government.

Scope of activities

• Develop innovative agendas related to the healthcare industry
• Support the development of mid/ long-term policy frameworks related to the healthcare industry
• Strive to form social consensus toward policies supporting the healthcare industry
• Provide policy support for the development of talents in the healthcare industry

Analysis and Research to Support Policy Development for the Healthcare Industry

We conduct research to analyze the healthcare industry and develop policies & strategies to enhance technical competitiveness, as well as develop ways to improve social accessibility of health technologies going forward.

Scope of activities

• Conduct research on the healthcare industry policies
• Analyze the healthcare industry and future outlook
• Review legislation and regulations
• Collaborate on the domestic/international research

Utilizing Healthcare Data and Establishing a Basis to Promote the Healthcare Industry

Designated as a special institution for coupling and utilizing pseudonymous healthcare data, KHIDI supports invigoration of healthcare data and establishes a basis for biohealth data vitalization, which forms the background of precision medicine.

Scope of activities

• Operate a special institution for coupling of healthcare data
• Operate a platform connected with healthcare data in the possession of public institutions
• Establish a basis to promote the use of biohealth data
• Establish and operate a dispersed network of multi-healthcare institutions

Promoting Evidence-based Digital Healthcare

KHIDI is responsible to manage government support for establishing research/evidence-based industry development policies such as regulations and systems to foster a Korean Digital New Deal within the domestic digital healthcare industry.

Scope of activities

• Conduct surveys and research related to digital healthcare in areas such as domestic/foreign legal systems, policies, and industry trends
• Identify projects to support testing and demonstration of digital healthcare products and services and provide support for the development of evidence-based products and services in the overall industry

Policy Development and Support for Future Health

KHIDI supports the development of policies for healthcare service innovation and creation of data regarding medical institution management analysis for enhancement of healthcare.

Scope of activities

• Provide consultations on strategy development for innovation of healthcare services
• Provide consultations on the establishment and management of medical institutions
• Operate a business in financial accounting standards for medical institutions
• Create data for analysis of medical institution management

Fostering and Supporting ‘Smart Hospitals’

KHIDI fosters Smart hospital, which is the core hospital for the realization of future smart healthcare. KHIDI also supports the development of a smart healthcare service model and organic connection & proliferation among medical institutions.

Scope of activities

• Analyze the trends of future healthcare needs and develop policy agenda
• Provide consultations to set the strategy for establishing smart hospitals
• Plan and operate the project for development of a leading model for smart hospitals
• Verify research on the effect of smart hospitals and disseminate the research outcomes

Support for Validation of Health Management Service

KHIDI provides support for vitalizing the market and building the foundations for innovation of health management services for enhancement of national public health and healthcare services.

Scope of activities

• Develop policies for vitalizing the market and expanding the demand for health management services
• Provide customized statistics and trend analysis related to public health

Production and Provision of Healthcare Statistics

We are building a statistical foundation for new industries to support establishing policies and strategies related to the healthcare industry as a future growth engine. We produce high-quality statistics through nationally approved statistical data and provide statistical information in a timely manner through fact-finding surveys and trend analysis while predicting future trends in the industry.

Scope of activities

• Implement surveys and provision of nationally approved statistics on the healthcare industry
• Conduct fact-finding surveys and trend analysis on new healthcare industries
• Perform monthly analysis of industry trends such as exports and employment
• Provide statistical information through the Korea Health Industry Statistical Service (KHISS)