GICS Core

GICS Core is the top-level perspective within the Sector Intelligence of the G11 General Industry Compass System. This level is deliberately set at a distance and provides an overarching view of the central structures of the global economy.
The focus of GICS Core as the TIER 1 level of the G11 General Industry Compass System is on broadly defined economic sectors as stable organizational units. Instead of detailed subdivisions, the focus is on classifying economic activities into a few, sustainable categories that serve as a long-term frame of reference. The helicopter perspective of GICS Core opens up space for fundamental questions: How do weights shift between sectors? Which structures characterize entire sectors across economic cycles? And which sectoral dependencies only become visible from a distance?

The focus of GICS Core as the TIER 1 level of the G11 General Industry Compass System is on broadly defined economic sectors as stable classification units. Instead of detailed subdivisions, the aim is to classify economic activities into a few viable categories that serve as a long-term frame of reference.

The helicopter perspective of GICS Core opens up space for fundamental questions:

  • How do weights shift between sectors?
  • What structures shape entire industries across economic cycles?
  • And which sectoral dependencies only become visible from a distance?
EST.: XII/MMXXV
The health care sector brings together companies that deal with health, medical care and life-related medical infrastructure. The focus is on services, products and systems that serve the diagnosis, treatment, prevention and care of people - regardless of economic cycles or consumer sentiment. Healthcare is a key sector for society. The companies grouped here cover a broad spectrum: from medical technology and healthcare products to pharmaceutical developments and services that enable the operation and organization of healthcare services. What they all have in common is a direct link to human well-being. The sector is characterized by its structural constancy. Demand does not arise from freedom of choice or lifestyle, but from medical need. At the same time, decision-making processes are often complex, long-term and highly regulated. Research, approval, quality assurance and security of supply play a greater role than short-term market impulses. Health care operates at the interface of science, business and public interest. Technological progress, demographic developments and social expectations influence the sector just as much as regulatory framework conditions and cost pressure. Innovation is essential, but usually takes place in a controlled manner and in clear development stages. The sector is also multi-layered in terms of content. It combines research-driven areas with highly operational structures and service-oriented models. This range makes health care both stable and dynamic - with long-term lines of development rather than short-term trends. Within GICS Eleven, Health Care forms a fundamental frame of reference for topics relating to medical progress, healthcare systems and basic social needs. The sector stands for continuity, responsibility and structural relevance - and serves as a stable basis for further application, technology and specialization perspectives.

GICS Core acts as a strategic thinking space within the General Industry Compass system. The perspective provides orientation without simplifying and creates a common basis on which further perspectives - such as Trending or Microsectors - can be built upon in a targeted manner.


GICS Core is deliberately designed as an introductory and reference level.
The perspective is aimed at users who initially want to get their bearings, grasp interrelationships and understand sectoral structures in a broader economic context without committing to detailed analyses at an early stage.

As an organizing framework, GICS Core is particularly suitable:

  • as a conceptual haven of peace within the GICS family,
  • as a common reference level for cross-references to in-depth content,
  • as well as a conceptual starting point for further perspectives such as GICS Trending or GICS Microsectors.

The level thus serves less for operational analysis and more for strategic classification - it creates an overview, promotes systemic thinking and lays the foundation for in-depth discussion along downstream perspectives.