It’s no secret that the healthcare industry has been greatly impacted by the Covid-19 pandemic. The entire industry’s supply chain, from materials to manufacturing and delivery, has been unsettled. The pandemic has exacerbated these issues to the point that even a behemoth, trillion-dollar industry like healthcare must undergo fundamental changes quickly in order to keep up with demand, Forbes reports.
In 2022, the medical industry is expected to continue to innovate and evolve, as there’s still no definitive end in sight for the pandemic. Within healthcare, certain sectors are projected to take off. Behavioral health, home health, retail pharmacies and urgent care are just a few with positive outlooks for growth. Behavioral healthcare alone is estimated to grow from $90.5 billion this year to $130 billion by 2027, while retail pharmacies, a $364 billion sector, are predicted to grow 3.1% this year.
Also rapidly growing in popularity are urgent care facilities. Even before the pandemic, these facilities were becoming a preferred method of receiving treatment due to how time-consuming and expensive a trip to the emergency room could be. Consumer demand for convenient care is rising, especially among millennials. Read more.
