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Industry Report

Industry reports, briefs issued by Samsung Economic Research Institute

Opening up Korea's Healthcare Industry

Opening up Korea's Healthcare Industry

KANG Sung-Wook

May 26, 2006

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With the launching of Korea-US free trade agreement (FTA) negotiations, the issue of liberalizing Korea's healthcare market is gaining increased attention. The Korean government's official stance on the issue is to upgrade the quality of domestic medical services, and thereby developing the sector as one of the main growth engines of the future. At the same time, the government is striving to retain the public-health role of medical service practitioners.


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