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Which sector is growing in future?

HEALTHCARE
There are clear indications that healthcare is going to be a major sector that stimulates economic growth and contribute to employment. Over 40 million new jobs are expected to be generated by 2020, as per a report titled 'India's New Opportunities-2020' by the All India Management Association.



The key sectors of healthcare industry can be broadly classified into following four sub-segments:
  • Health care services and facilities.
  • Medical devices, equipment, and hospital supplies manufacturers.
  • Medical insurance, medical services and managed care.
  • Pharmaceuticals & Related Segments.


Why is healthcare sector important?

Health Care Industry. Health care industry plays an important part in the economy of a country. The health care industry determines the GDP or the gross domestic product of any country. It also determines exports status, employment, capital investment etc.

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