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Sectors, Industries, and the Business Cycle — Health Care
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Health Care

Health Care

The Health Care sector includes manufacturers of health care equipment and suppliers of health care related services, including distributors of health care products, providers of basic health-care services, owners and operators of health care facilities and organizations. It also includes companies that are involved in the research, development, production and marketing of pharmaceuticals and biotechnology products.

The sector encompasses the following industries:

  • Biotechnology
  • Health Care Equipment & Supplies
  • Health Care Providers & Services
  • Health Care Technology
  • Life Sciences Tools & Services
  • Pharmaceuticals

In general, the sector is considered to be both a growth opportunity and a defensive play. It’s not sensitive to the business cycle because people will always be willing to pay for medical attention when they need it.