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"the private sector" is a grammatically correct phrase and can be used in written English.
It refers to the part of the economy that is not controlled or owned by the government, including privately owned businesses, organizations, and industries. Example: The government is looking to decrease its involvement in the healthcare industry and increase the role of the private sector.
Exact(59)
The private sector.
The private sector suffers too.
That leaves the private sector.
Some involve just the private sector.
"I believe in the private sector".
This applies to the private sector too.
Find your own through the private sector".
Third, it competes with the private sector.
The private sector is back in force.
Another is to use the private sector.
The private sector can stand their ground".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com