In a time of limited growth and volatile markets, the one sector that's set to boom and please investors is health care. There are good reasons for this. First is the ageing population putting pressure on hospitals, clinics and aged care facilities. The second is the growth of emerging markets with their populations in the billions. They have become a potent source of revenue for health care companies. Finally, there is the emergence of diseases like HIV and diabetes which already represents some five per cent of the total national healthcare budgets in Western Europe. A further 15 per cent increase could become reality in years to come.
According to this analysis from INSEAD, we can expect to see more patient friendly digital technology and social networks becoming a form of patient outreach by the highly-regulated pharmaceutical and healthcare industry, and more patient education about lifestyle choices.
It means one thing: at a time, when markets are contracting the health sector will be the one area providing jobs and business opportunities.
no comment untill now