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Looking at the health sector and it's rising costs, it is immediately noted that advance in______...

Looking at the health sector and it's rising costs, it is immediately noted that advance in______ have been an enormous factor.

a. inflation
b. aging population
c. technology
d. healthcare utilization

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Answer #1

Advancement in technology is the main factor. Technological uplifts, Artificial intelligence, Advanced medical devices, Software integration, Device integration, Cloud services, Production, Support, and Maintenance costs are contributing to the increase in costs. These costs have been increased due to technological upliftment. That is the reason, for the rising cost. Therefore, technology is the best option to choose among these.

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