
Markets have remained bearish over the past week, with the double whammy of lingering inflation and federal interest rate hikes. However, the healthcare sector is expected to continue thriving amid surging healthcare concerns due to an aging population and the resurgence of COVID-19 cases. The Health Resources and Services Administration recently announced several health-sector reforms and budget allotments.
Furthermore, the demand for the digital healthcare industry is also soaring owing to its convenience and rapid medical advancements. According to Grand View Research, the global digital health market is projected to grow at a 27.7% CAGR from 2022 to 2030.