Healthcare is a basic human need and a priority for governments worldwide. Modern medicine has been able to discover many new medications and subsequently increase life expectancy, even though many new diseases have emerged in recent times. With pharmaceutical and life sciences companies working on patenting economical and effective cures and deterrents for various diseases and medical conditions, the industry offers a lucrative setting for innovators. Technology has also helped a lot to develop new products like robotic surgery assistants, point of care devices, modern diagnostic systems etc. , and has enabled practitioners to practice telemedicine, which will further help medical practices all over the world. With all these events taking place, the industry promises a lot of growth in the future.
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