TMT IB M&A BB vs. Healthcare IB M&A BB?

Both industries are interesting and have a lot of developments happening within them. I know that Technology and Healthcare go hand in hand often - does this mean that the Healthcare group will cover a healthcare technology company or would that be covered by the Technology group, does anyone have any insight into how this works?

Is one industry better for PE/VC than the other? It seems as though with TMT you could transition into a startup/tech company/VC/PE, it seems with healthcare it is more common that analysts would go into PE?

Does anyone have any insight into this or could argues pros/cons or argue for one industry being better for opportunities than the other?

I understand they are both great but it would be interesting to hear some debate/thoughts.