The healthcare sector has been thriving since the onset of the COVID-19 pandemic. Healthcare companies have rushed to develop vaccines and booster doses to contain the spread of the virus, and companies that succeeded have garnered massive returns. The healthcare sector is expected to remain in the limelight due to an increase in global chronic diseases, the emergence of new coronavirus variants, and a resurgence of cases.
Moreover, telehealth and digital channels in the healthcare space have been gaining traction over the past few years. Healthcare companies are constantly leveraging advanced technologies to improve healthcare services and investing in breakthrough developments, thus shaping the future of the healthcare industry. The global healthcare market is projected to reach $665.37 billion by 2028, while U.S. national healthcare expenditure is expected to reach $6.20 trillion by 2028.
