
Over the last few years, the healthcare sector has witnessed a significant increase in demand due to rising chronic diseases and an aging global population. Pharmaceutical and biotech companies maintained a stable performance this year despite the broader market challenges.
Furthermore, the expansion of virtual health services, such as mobile health, telehealth and telemedicine, and health information technology (IT), is expected to contribute significantly to the industry's growth. The global eHealth market is expected to grow at a CAGR of 16.5% between 2020 and 2030.