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‘Healthcare Sector Faces Challenges, But Technology Offers Potential for Growth\n\nThe healthcare sector has always been a popular choice among investors and consumers alike due to its essential role in daily living. With the dominance of technology in the market, some may be concerned about the sector’s performance. CNBC’s Jim Cramer discussed the healthcare sector’s current state and how it can navigate a tech-dominated market.\n\nOne factor holding back the sector is the government’s involvement in preparation for the upcoming elections. President Biden’s administration has also seized patents of costly medications to promote competition and lower drug prices. This move could potentially slow down the healthcare sector. Additionally, many people are still holding back on non-urgent surgeries, affecting medical device companies.\n\nThe healthcare sector can benefit from the continuous evolution and expansion of technology. AI, in particular, has the potential to revolutionize the sector by predicting, preventing, and curing diseases, reducing costs, and providing a better patient experience. According to Cramer, “Perspective, its going to allow us to predict, prevent, and cure disease in ways that we never have before. Its going to allow us to take costs out of the system. Its going to allow us to provide a better experience for our patients.”\n\nThe healthcare sector faces challenges such as government involvement and the impact of the pandemic on non-urgent surgeries. The sector can benefit from the continuous evolution of technology, particularly AI.’

‘Healthcare Sector Faces Challenges, But Technology Offers Potential for Growth\n\nThe healthcare sector has always been a popular choice among investors and consumers alike due to its essential role in daily living. With the dominance of technology in the market, some may be concerned about the sector’s performance. CNBC’s Jim Cramer discussed the healthcare sector’s current state and how it can navigate a tech-dominated market.\n\nOne factor holding back the sector is the government’s involvement in preparation for the upcoming elections. President Biden’s administration has also seized patents of costly medications to promote competition and lower drug prices. This move could potentially slow down the healthcare sector. Additionally, many people are still holding back on non-urgent surgeries, affecting medical device companies.\n\nThe healthcare sector can benefit from the continuous evolution and expansion of technology. AI, in particular, has the potential to revolutionize the sector by predicting, preventing, and curing diseases, reducing costs, and providing a better patient experience. According to Cramer, “Perspective, its going to allow us to predict, prevent, and cure disease in ways that we never have before. Its going to allow us to take costs out of the system. Its going to allow us to provide a better experience for our patients.”\n\nThe healthcare sector faces challenges such as government involvement and the impact of the pandemic on non-urgent surgeries. The sector can benefit from the continuous evolution of technology, particularly AI.’$TLRY2023-12-29T07:14:11.822Z

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