Healthcare: Introduction
Segments
Dental Practices and Supplies
This segment is focused upon providing general as well as cosmetic dental services. Also included is equipment, instruments, and supplies used by dentists such as hand instruments, plaster, drills, sterilizers, and dental chairs.
Medical Equipment and Apparatuses
This segment is made up of electro-medical equipment and irradiation apparatuses. Products from this segment include a variety of powered devices, such as pacemakers, patient-monitoring systems, MRI machines, and ultrasonic scanning devices.
Surgical Appliances and Instruments
This segment includes various appliances and instruments used in surgery, such as anesthesia apparatuses, orthopedic instruments, artificial joints and limbs, hydrotherapy appliances, blood transfusion devices, and hypodermic needles.
The Healthcare industry is Highly Fragmented. The production in this industry is divided among many different companies, no single firm has large enough share of the market to be able to influence the industry's direction or price levels.
Primary Demand Drivers
- Demographics
- Advances in medical care and technology
Profitability Drivers
- Obtaining grants and federal funds
- Efficient operations
From the Blog 
There is a new saying in the French Canadian province of Quebec: “No vax, pay tax.” Quebec plans to impose a “significant” healthcare tax on all unvaccinated residents, due to their health system deteriorating after the most recent surge of the COVID-19.
The COVID-19 pandemic has brought the healthcare industry into the spotlight. Around the world, hospital personnel have spent over a year providing care for hundreds of thousands of patients with COVID-19 while scientists in pharmaceutical companies worked to create vaccinations and other treatments. Furthermore, the pandemic has revolutionized the way routine healthcare is managed, including an increased use of technology and the rise of telehealth services. Let’s take a look at some of the trends shaping the future of the healthcare industry.
Sources
- SelectUSA (Date Accessed: 6/1/2017)