With nearly 60% of adult Americans suffering from at least one chronic disease, the healthcare sector sees significant demand. Moreover, a rise in the aging population and increased health awareness amongst the masses is boding well for the industry. The global pharmaceuticals market is expected to reach $2.14 trillion by 2026, expanding at a 7.7% CAGR.
Additionally, rapid digital transformation in the healthcare delivery model with the expansion of virtual health services like telehealth and telemedicine should significantly contribute to the industry’s growth.
