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Op-Ed | How to Invest in the Rapidly Growing Preventive Healthcare Industry

By Sahar Arshad, co-founder and COO, CloudMedx

A new report shows a sector of the economy that’s experiencing rapid growth and presenting myriad opportunities for investors. The global preventive healthcare market was estimated at $3.4 billion in 2021, is expected to reach $3.7 billion this year, and is projected to grow to more than $5.5 billion by 2027, according to market research company ReportLinker.

It’s a sign of an important shift in healthcare, the largest industry and employer in the United States. For far too long, the healthcare system has focused on responding to illnesses, without doing enough to help prevent them. But as Goldman Sachs Asset Management recently reported, healthcare has reached “a critical inflection point,” and the industry is changing “how it treats patients by shifting the focus from reactive to preventive medicine.”

As an engineer and co-founder of a company that works with major players across the healthcare sector, I’ve come to see what it takes for businesses to succeed in this new reality. As investors look to make smart choices, here are keys to watch out for.

For the Full Article, please click here:

https://www.nasdaq.com/articles/how-to-invest-in-the-rapidly-growing-preventive-healthcare-industry