Health Care Industry

Health Care industry consists of health care service providers, medical equipment providers, pharmaceutical manufacturers and many other types of companies. It includes both private and public organizations. Health care is provided by a company or by a person, a health care professional (a physician, a dentist, etc.).

The demand in this industry is expected to be high due to the aging population in many countries.

There is ongoing digital transformation of the health care, making it easier for patients to access the services. It also involves the improvements in the analysis of vast data, accumulated by health care providers. Using insights from the data in a decision making process can significantly improve the health care processes. However, the industry still needs extensive investments in data analytics.

Sectors of the Industry

According to the Industry Classification Benchmark (ICB), Health Care industry consists of the following sectors.

Supersector	Sector	Subsector
Health Care	Health Care Equipment & Services	Health Care Providers Medical Equipment Medical Supplies
	Pharmaceuticals & Biotechnology	Biotechnology Pharmaceuticals