Why are there so many medical device and health care companies now?

The most basic reason why there are so many medical equipment and health care companies is the drive of interests.

1. With the abundance of material in modern society, people's health awareness has increased, and the demand for medical equipment and health care products has risen, so business-minded people see the benefits.

2. Relative to other industries, the medical device and health care industry has a high degree of technological monopoly and high profits; especially health care products are basically profiteering. The purchase price of health care products is very low, and the sales price is completely set by the seller himself, the profit is generally from 200% - 500% ranging.

In short, the rise of an industry, demand drives supply, profits determine the scale, employment do not blindly follow, suitable for their own is the best