The healthcare industry or medical industry is a sector within the economic system, which treats people with rehabilitative, preventive and curative care. The United States is a world leader in healthcare. A world leader in healthcare services and an innovator in cutting-edge diagnostics and treatments. US hospitals plan to create a platform for biomedical innovation, and several academic and medical centers provide advanced and sophisticated care. A highly trained workforce that includes doctors, nurses and technicians is a world leader in the production of medical technologies and is one of the world's largest consumers supporting the U.S. healthcare industry. The US healthcare sector is further divided into different subsections such as academic medical centers, nursing and residential facilities, inpatient care, and outpatient care. US medical device companies are highly regarded globally for their innovation and expertise in high-tech products. They are more focused on research and development, which as a result have been able to maintain a competitive advantage in several sectors on which medical technology is based. The U.S. healthcare system accounts for more than $2.5 trillion in annual spending. Despite such a large investment in the healthcare sector, the burden created by rising costs is not sustainable. The healthcare landscape is changing to address issues that require a tighter budget in an increasingly uncertain healthcare environment. Hospitals and healthcare facilities are evolving to establish clinically integrated models with a more coordinated view of the patient across the system. Healthcare organizations can hear the thundering footsteps of millions of policyholders on the horizon. And yet… half of the paper… p://www.plunkettresearch.com/health-care-medical-market-research/industry-and-business-dataRai Bhrikuti, April 13, Making A Difference: The Herbal Way of Life, Nepali Times, Retrieved from: http://nepalitimes.com/news.php?id=18843RSS20 (2013), Herbal Medical Plants of Nepal, Retrieved from: http://www.nepalhomepage. com/herbal-medical-plants-of-nepal.htmlSelect USA, (2014), The Health and Medical Technology Industry in the United States, Retrieved from: http://selectusa.commerce.gov/industry-snapshots/health- and- medical-technology-industry-united-statesTriple Tree, (2012), “Healthcare Industry”, retrieved from: http://www.triple-tree.com/research/healthcare/World Health Organization, (November 2007), "Health System in Nepal: Challenges and Strategic Options, National Office for Nepal", excerpted from: http://www.nep.searo.who.int/LinkFiles/Health_Information_HSC.pdf,