Health Care Industry

The health care industry, or medical industry, is a sector within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care. The modern health care sector is divided into many sub-sectors, and depends on interdisciplinary teams of trained professionals and paraprofessionals to meet health needs of individuals and populations.

The health care industry is one of the world's largest and fastest-growing industries. Consuming over 10 percent of gross domestic product (GDP) of most developed nations, health care can form an enormous part of a country's economy.

Read more about Health Care Industry:  Background, Providers and Professionals, Delivery of Services, Medical Tourism

Famous quotes containing the words health, care and/or industry:

    But from the good health of the mind comes that which is dear to all and the object of prayer—happiness.
    Aeschylus (525–456 B.C.)

    I cannot call Riches better than the baggage of virtue. The Roman word is better, impedimenta. For as the baggage is to an army, so is riches to virtue. It cannot be spared nor left behind, but it hindereth the march; yea and the care of it sometimes loseth or disturbeth the victory.
    Francis Bacon (1561–1626)

    Your representative owes you, not his industry only, but his judgement; and he betrays instead of serving you if he sacrifices it to your opinion.
    Edmund Burke (1729–1797)