The government will support a budget of 2.1047 trillion won for research and development in the health and medical sector next year. This is an increase of 272.3 billion won from this year.
The Ministry of Health and Welfare held the Health and Medical Technology Policy Review Committee on the 20th and noted that it received a report on the major health and medical research and development budgets for five ministries in 2025.
The 2.1047 trillion won budget for research and development in the health and medical sector next year accounts for about 8.5% of the total research and development budget. The government plans to support 141 projects primarily in five key areas next year.
▲ "Health and medical technology to protect the lives and health of the people": 317.9 billion won, ▲ "Fostering new industries for a leap to a biohealth powerhouse": 994.7 billion won, ▲ "A research and development ecosystem that promotes innovation": 485.9 billion won, ▲ "Future healthcare led by data and artificial intelligence (AI)": 230.2 billion won, ▲ "Challenges and innovations to solve national challenges": 76 billion won, among others. Of these, 33 are new projects (154.5 billion won), and 108 are continuing projects (1.9502 trillion won).
In particular, the growth rate of the health and medical research and development budget is 14.9% compared to the previous year, exceeding the government's research and development budget growth rate of 13.2%. Deputy Minister Park Min-soo of the Ministry of Welfare said, "The increase in the budget is an unwavering commitment to prepare for the emergence of global crises and to foster the health and medical sector as a future growth driver," adding, "We will actively support Korea's position as a leading country in the health and medical industry."