South Korea's IT Giants Enter Non-Face-to-Face Healthcare Market | Be Korea-savvy

South Korea’s IT Giants Enter Non-Face-to-Face Healthcare Market


This photo provided by LG Electronics Inc. on Aug. 25, 2021, shows the company's remote healthcare software for online diagnoses of patients.

This photo provided by LG Electronics Inc. on Aug. 25, 2021, shows the company’s remote healthcare software for online diagnoses of patients.

SEOUL, Aug. 8 (Korea Bizwire)South Korea’s major IT companies are venturing into the non-face-to-face healthcare market in the latter half of this year.

Local telecom giant KT Corp. finalized the trademark registration for KT MyCare, a remote care service catering to chronic conditions like diabetes, with the Korean Intellectual Property Office at the close of last month.

The company is on course to introduce associated products.

Its Care Coordinator, comprised of nurses and nutritionists, will employ artificial intelligence (AI) technology to analyze data and consultation records of patients with chronic illnesses.

Subsequently, they will formulate care plans accessible via applications and telephone consultations.

Furthermore, the service will leverage the AI Food Tag, a dietary management solution capable of analyzing nutritional components based on the identification of food categories within photographs.

Kakao Healthcare, a subsidiary of Kakao Corp., the operator of South Korea’s dominant messaging app KakaoTalk, is preparing to unveil a digital blood glucose management platform named Pasta (working title) in the final quarter of this year.

The platform will integrate blood glucose data with lifestyle habit information.

Collaborating with U.S. healthcare company Dexcom and local bio-sensor firm i-SENS, the new service will receive continuous glucose monitoring (CGM) data in real-time.

Numerous participants, spanning from large conglomerates to startups, are entering the non-face-to-face healthcare market. However, no company has yet demonstrated an overwhelmingly competitive advantage.

Ashley Song (ashley@koreabizwire.com)

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>