The healthcare industry is one of the world’s largest and fastest-growing industries. Consuming over 10 percent of the gross domestic product (GDP) of most developed nations, health care can form an enormous part of a country’s economy. U.S. health care spending grew 4.6 percent in 2019, reaching $3.8 trillion or $11,582 per person. As a share of the nation’s Gross Domestic Product, health spending accounted for 17.7 percent. JLC has been working in the health care sector since 2009. Our corporate partnerships are with leading health care equipment manufacturers to allow us to sell premium quality medical equipment to the end-users i.e., hospitals and medical centers. During the pandemic, we have seen significant growth in our medical equipment sales as we have helped the health care sector to protect our society and people by executing a prompt response.
Growing incidences of chronic diseases, such as cancer and diabetes, and rising biologics demand to support the healthcare sector seeks equipment market growth. Investments in the lab infrastructure and equipment up-gradation have also seen an improvement over the years, accelerated by the Covid-19 pandemic, to support the research and development of new drugs and vaccines. The requirement for sophisticated medical equipment such as DNA amplifiers, spectroscopy, and immunoassay analyzers, is likely to continue to grow in the future, with increased demand for improved features, including sustainability, automation, data integrity, and portability.
A bone screw is a metal implant inserted into the bone. Screws are used to immobilize fractured bone segments to aid in the healing process, and as an adjunct to spine fusion surgery to help hold implants in place. The design of the screws and rods helps prevent motion at the spinal segments that are being fused, thus aiding in the bone healing process of the fusion. JLC Industrial has been one of the leading distributors of these bone screws and other medical equipment in the US market.