medical technology includes both the science of medicine, the practitioners as well as the equipments used for diverse investigations.Today, it is the single most important industry worldwide.Virtually other society segments depend on it.manhours losses due to preventable illnesses as well as morbidities and mortalities of various diseases are all reducable via medical technology services.By inveting in research in the industry the society gives back to the industry what it rightly deserves.Expenditure in this service sector exceedsthat of other departments like defense.
Practically when we are at war we nedd the defense sector , but whther at war or at peace we need the medical technology sector at all times.Population wise, the medical technology has the highest in the industry, followed by defense sector then manufacturing and beaureaucrats.