The Ministry of Health and Welfare (MOHW) and the Korea Health Industry Development Institute (KHIDI) touted that the hybrid event of Medical Korea 2022 held online and offline ended in a great success.
The two institutions stressed that the convention has heightened its reputation as a leading international conference by proposing outlooks of global healthcare industry transformation and future direction and providing a platform for communication with experts in the global healthcare industry.
Under the theme of "Global healthcare, a New Leap Forward," the convention forecasted the transformation and future direction of global healthcare in a new normal era after the pandemic of Covid-19.
The event drew attention from the global healthcare industry, with 1,850 registered participants from 45 countries and 624 in-person participants. The six-session conference and 10 seminars streamed online accumulated over 13,100 views.
The convention also witnessed various government-to-government (G2G) cooperation accords through in-person and virtual side events.
The MOHW, KHIDI, and Korea Foundation invited the ambassadors of Kazakhstan, Turkmenistan, and Uzbekistan to deal with the cooperation plan in healthcare between Korea and Central Asian nations in the post-Covid era.
The KHIDI also signed a memorandum of understanding with Australia's Victoria State Government to beef up international collaboration to enhance capabilities in responding to the pandemic.
the accord, the two parties would facilitate cooperation in R&D, clinical trial, manufacturing, and investment in RNA technology, including mRNA vaccines.
Aside from governmental agreements, the convention held 167 consultations during the business meeting sessions to help Korean healthcare companies identify ways of overseas expansion.
The convention helped Korean companies connect with 53 foreign buyers from 17 nations, including the U.S., China, UAE, Taiwan, Turkey, Kazakhstan, and 95 Korean sellers.
For instance, Happy Life, a face mask manufacturer, won contracts with U.S. PPE distributors, Sunstar 67 and PLANET HALO HEALTH, to supply7 billion won worth of its "Good Day KF94 face mask" on March 11.
The KHIDI stressed that several other outstanding companies garnered enormous attention from visitors and the media.
According to the institute, Tetra Signum introduced a cardio-pulmonary resuscitation (CPR) training solution that runs on self-directed learning artificial intelligence (AI), enabling a contact-less education; Medical IP allowed visitors to directly experience the medical image 3D modeling and metaverse-based convergence technology for anatomy education; Petra Intelligence exhibited a technology that helped users get experiences on the Korean operating room by adding AR to 360-degree demonstration operating room; and Omni C&S showed a program providing VR counseling and healing contents through measuring biosignals such as electroencephalogram and photoplethysmogram.
The KHIDI also ran a Digital Healthcare Pavilion during the convention to showcase the latest technologies in digital healthcare.
The pavilion operated a promotion hall of VR, AR, and Metaverse to provide hands-on experiences for visitors.
"The KHIDI did not spare any efforts to assist domestic healthcare businesses and institutes in making inroads to overseas markets," KHIDI President Kwon Soon-man said. "The institute will consistently concentrate on identifying global healthcare trends, hosting international conferences, and providing consultations."