The stock markets around the world are booming right now and investors are committing billions of dollars to support companies in various industries where they believe growth is assured. Many of these investments are aimed toward industries that have been around for a long time and that consistently show growth in many or all markets. While others are dedicating dollars to companies and industries that hardly existed before the last economic downturn ten years ago in 2017.
What is at the lead of investment these days tend to be companies that have a strong connection or core focused on new technologies and that are aimed at large populations. Scaling is a key word and so is international and when a company has either or both opportunities, it becomes an investor darling.
The other important factor for a company that investors gravitate toward is the industry in which it operates. There are many hot sectors today that have investor’s attention. They include technology, online retail and social networking, software development, transportation and of course healthcare. As mentioned the companies that are attractive in each of these industries have at their foundations new technologies.
Regarding healthcare, it sits at the top of the charts in terms of investments. This is due to the many advances happening in this industry and that at more than $ 5 trillion dollars is constantly the largest industry in the world. But not every company is an investment target and some industries within healthcare are certainly hotter than others. Here are two of the hottest right now
You will also see that certain industries are leading the way in terms of growth, and many of those industries have a few things in common. Most are congregated in technology, energy and healthcare. The tech business only seems to slow down to take a breath but never actually stop. There is always some new technology exciting the masses and companies harnessing this tech and bringing it to the world. New energy strategies demand new energy sources and companies in the solar, geothermal and wind industries are booming. Finally healthcare is an always growing business and as populations age in most countries the business will continue to be a leading growth industry.
Medical devices are a fast growing industry today. A medical device is defined as any apparatus, appliance, software, material, or other article, whether used alone or in combination, including the software intended by its manufacturer to be used specifically for diagnostic and/or therapeutic purposes and necessary for its proper application intended by the manufacturer to be used for human beings for the purpose of diagnosis, prevention, monitoring, treatment, or alleviation of disease, injury or handicap; investigation, replacement, or modification of the anatomy or of a physiological process; control of conception; and which does not achieve its principal intended action in or on the human body by pharmacological, immunological, or metabolic means, but which may be assisted in its function by such means.
This is a long definition but examples of medical devices give clearer indications of what they are. They include everything from disposable rubber gloves to monitors used in surgeries to computers and the software used to diagnose blood tests. As you can see, this industry will not show any signs of slowing down in our lifetime and as a result, the industry is always a great investment.
At the cutting edge of medical technology sits industries like Neural Engineering. This industry is providing the technologies and strategies for interfacing neural tissue with non-living devices. The results have been astounding. Neural engineering is leading the way in the race to assist those who are paralyzed to regain use of their limbs or to utilize prosthetic limbs in a completely different way. They are also working to enhance brain function enabling those with brain injuries to improve or return to a normal life. By combing engineering and medicine doctors like Curtis Cripe who is a leader in the field are creating new pathways to medical success. And as he and others like him continue to make breakthroughs, the industry continues its description as one of the hottest for investment.