The healthcare industry has witnessed strong demand over the past two years due to increased health awareness, growing chronic diseases, and the rapidly aging population. Moreover, the COVID-19 pandemic has led to significant digitization of the industry, positioning it for solid long-term growth.
Furthermore, an increased healthcare expenditure should bode well for the industry. Health care spending in the United States is expected to reach approximately $6.20 trillion by 2028, which accounts for one-fifth of the nation’s gross domestic profit.
