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The Healthcare sector includes businesses that offer medical services, manufacturing of medical equipment or drugs. It also includes companies that offer medical insurance or facilities to provide healthcare to patients.
Other than these, the healthcare sector also includes hospitals, sanatoriums, nursing and aged care homes, medical and dental practices, ambulance transportation, complementary medicine and other health activities, like medical labs and scientific and research services, across various organisations within the public, private and voluntary sectors.
While selecting stocks from the healthcare sector, investors will research trends like ageing population, baby boomers, number of people with chronic diseases, obesity, diabetes, medical technology and the progress, global reach of the disease and customised medicine. Trends like single-payer system, cost controls, uninsured are some of the negative trends which impact the performance of the sector.
You could consider investing in some of these ASX listed securities in this sector.
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