The healthcare sector contains a wide range of businesses, including pharmaceuticals, medical equipment, healthcare facilities, and other provisions for patients. They are growing at a faster rate than the entire global economy, with over $7.8 trillion invested in the sector. Accounting for nearly one-fifth of the GDP, healthcare is by far one of the largest sectors in the U.S. economy.

Healthcare has many attractive qualities and growth prospects that deem it a popular investment selection. Firstly, healthcare costs and spending rates have been rising due to reasons such as the ageing boomer population and support backed by the government. Government legislation such as Obamacare in the U.S. and free healthcare available in Canada, provide security and incentivize growth in the market. Additionally, the continuous innovation and research to improve medical processes, services, and patient experiences have provided pharmaceutical and biotech startups many promising opportunities.

Unlike many other sectors, healthcare is an essential service with inelastic demand, that will not be easily affected by trends and economic recessions. Moreover, its rising growth prospects offer truly rewarding investment opportunities that can be discovered through keeping up to date with publications and educational resources.

The Healthcare Investor is a publication focused on educating individuals about the innovations in the healthcare market and exploring new investment opportunities.