Abstract: In a broad sense, health industry is a set of all industries and departments which are somehow related to human health, centered on the health construction, based on the premise of health concept and targeted at the health of people. In a narrow sense, health industry is a collection of industries and departments of various kinds of products and services, directly and highly relevant to health, aiming at health maintenance, health improvement and health promotion of people. Recently, with the rapid development of the global economy, people's life quality is improving and their awareness of health is increasingly strengthened. Meanwhile, health industry has become one of the strategic choices of effective response to the financial crisis, enhancing the vitality of economic development, meeting the diverse needs, and preempting the commanding heights of the division of the global health industry throughout the world especially in Europe, the United States, and the majority of Emerging Market Countries. American health industry is traced back to 1963, which develops the fastest in the last decade accounting for more GDP annually. From political, social and economic perspective, this article illustrates the domestic health industry including its slow development, undesirable supporting facilities, low pharmaceutical manufacturing, unbalanced services and underdeveloped pension industry. Thus, government policies are expected to motivate the development of health industry, which could be achieved via raising nationwide awareness, balancing medical resources and developing diversified health systems aiming at different groups of people.