Global Healthcare Growth

The Healthcare scenario globally is seeing a huge growth potential in it. And if this continues the Global Healthcare market is set to employ a huge population throughout the world.

In next 25 years, 30-40% jobs will be created in healthcare. Even in recession period, lakhs of people will be recruited in this industry. All the healthcare related occupations will see 10-20% growth. Even the bio-medical sector sees around 14% growth every year.

Recent estimates predict that expanding the R&D tax credit from 14% to 20% would spur the creation of 162,000 jobs. Increasing the R&D tax credit to 25 % would generate a gain of 316,000 manufacturing jobs by 2019.

America’s healthcare industry leads the world by virtue of superior technology, advanced logistics and IT, sophisticated and ethical management practices, strong intellectual property, and a highly educated workforce- positioning this sector for sustainable growth in the long term.

Also read: Global Healthcare Opportunities