Healthcare Research Market Value at near future

The global market for baby care and feminine hygiene products is estimated to increase from $83.4 billion in 2022 to reach $117.3 billion by 2027, at a compound annual growth rate (CAGR) of 7.1% from 2022 through 2027. The health care industry is one of the world's largest and fastest-growing industries. The health care industry has several sectors that are dedicated to provide health care services and products. A well-functioning health care system consists of a good financing mechanism, well-trained and adequately-paid workforce, reliable information upon which base decisions and policies are made, and well maintained facilities and logistics to deliver quality medicines and technologies which are very much essential, according to the World Health Organization i.e. WHO.
The WHO, have also estimated that globally there are 9.2 million physicians, 19.4 million nurses and midwives, 1.9 million dentists and other dentistry personnel, 2.6 million pharmacists and other pharmaceutical personnel, and over 1.3 million community health workers, making the health care industry one of the largest segments of the workforce.