Global Bleeding Disorders Industry
The healthcare industry is an amalgamation of various industries and sectors which cater to the health of patients and offer preventive and rehabilitative services. It consists of various medical goods which can range from systems to drugs and vaccines. It is touted to be one of the fastest growing sectors owing to the thriving medical tourism sector as well as adoption of latest healthcare business models across developed and developing nations for combating chronic diseases.
One of the major factors driving the healthcare domain are the deluge of chronic diseases affecting mortality rates. Countries worldwide invest a significant amount of their gross domestic product (GDP) for enhancing the healthcare models. For instance, the U.S. government spends close to USD 3.9 trillion for the welfare of their people. This is directly correlated to the high spending patterns of patients. Other efforts include comprise upgradation of legacy equipment, hiring skilled personnel, and integration of information technology to digitize data.
The key players covered in this study
Bristol-Myers Squibb Company
Janssen Global Services
Various sectors within the healthcare domain include medical devices, biotechnology, medicine & pharmacy, pharmaceutical, healthcare IT, diseases & therapeutic areas, animal healthcare/veterinary, and rehabilitation. Biotechnology is one of the prominent and emerging sub-sects within the industry. The use of living organisms to expedite the healing process is lucrative for the sector. Manufacturers have commenced the production of implants made from living materials. The success of additive manufacturing or 3D printing is likely to bode well in the forthcoming years. It can assist with bone regeneration which can create accurate lattice structure which match with tissues within the body.
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