Short note on health care industry
Answers
Explanation:
The healthcare industry (also called the medical industry or health economy) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care. It includes the generation and commercialization of goods and services lending themselves to maintaining and re-establishing health.[1] The modern healthcare industry is divided into many sectors and depends on the interdisciplinary teams of trained professionals and paraprofessionalsto meet health needs of individuals and populations.[2][3]
The healthcare industry is one of the world's largest and fastest-growing industries.[4]Consuming over 10 percent of gross domestic product (GDP) of most developed nations, health care can form an enormous part of a country's economy.