INVESTING | Health Care Sector
A Sector is a broad selection of companies with similar characteristics. An Industry is a subset of Sectors where companies are grouped in more specifically than Sectors.
Investors can use Sectors and Industries to efficiently classify and compare companies. Comparing companies with shared Sector and Industry allows an investor to identify relative strengths and weaknesses. Comparing companies across different Sectors and Industries can help identify relationships and trends.
The Health Care sector consists of companies focused on improving health and well being including pharmaceuticals and medical supply companies. The Health Care Sector includes the following six industries:
Health Care Equipment & Supplies Industry
Health Care Providers & Services Industry
Health Care Technology Industry
Life Sciences Tools & Services Industry
The total value of the Health Care Sector in the United States is approximately $5.25 trillion.
Health Care includes companies like Pfizer, Seattle Genetics, and Johnson and Johnson.