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Economy

The pandemic creates the conditions for new businesses in health, 139 entities added in 2020

  • 6/4/2021 9:26 AM
The pandemic creates the conditions for new businesses in health, 139 entities added in 2020

The Covid-19 pandemic, apart from the negative impact on health, it put the economy at a previously unknown pressure due to the restrictions on movement.

As many businesses in trade field went bankrupt, businesses in the health sector flourished.

According to INSTAT data in 2020 there were a total of 3647 businesses with another 4% compared to 2019, or 139 more subjects. As new businesses offering health services grew, others that were already open increased profits to high record. During the pandemic year the consumption of the population focused on food, medicine, health and technical services.

The field survey shows that the trend for new businesses in the health sector has continued further during 2021, especially in the pharmaceutical and laboratory sector.

The growth of businesses in the health sector came at a time when other service lines such as the bars and restaurants sector were in crisis. According to INSTAT data during the year the number of food and beverage businesses fell by 4.3%, mainly due to the shock that came from the pandemic crisis.

The public sector is the largest provider of health services in our country but in the last decade the private sector is growing more and more in this line, creating space for new businesses.

With the opening of private hospitals, the expansion of services in the private sector increased, but the Covid-19 pandemic further fueled this trend. Private health services although not competitive in prices in the public sector are gaining ground every day more and more due to efficiency in quality and speed.

The private sector will expand further in the future as the demand for health services increases due to an aging population.

Demographic changes in favor of older people will increase the demand for health services in the private sector as well. Many examinations are offered only by the private sector due to the opportunities to invest faster in technological innovations, a process that in the public sector takes time.

/Klara Ruci/