Question

healthcare demand is continue to robust. Explain.

Answer 1

INTRODUCTION-:

The demand for healthcare is a demand for the health. It is demanded as a means for the people to achieve a large stock of health capital. This demand is similar to the other demands as the consumers have to allocate their resources which are limited, in order to both consume and produce health. The healthcare industry is a developing industry which serves goods and services to treat patients with preventive, curative and rehabilitative care.

WHY IT CONTINUES TO ROBUST-:

With rising health awareness and increased affluence in people, the demand in healthcare sector has continued to be robust. Many reasearchers believe that the global demand for private healthcare is rising day by day. Though there has been an increase in the price for medical services, still the demand remains strong as the patient volumes are growing steadily. Coming to the public sector, government are increasing focus on the quality, while introducing regulatory changes to improve the efficiency and quality services. Numerous other facilities are planned to introduced in the healthcare sector.

Therefore ,it can be very well said that the healthcare demand is continued to robust over period of time.