The medical industry is booming, driven by growing healthcare expenditure owing to the aging population and rising prevalence of chronic and rare diseases, increasing emphasis on fitness among individuals globally, the surge in advanced research and development (R&D), and rapid technological advancements.
Given the industry tailwinds, it could be wise to invest in fundamentally sound medical stocks Danaher Corporation (DHR) and Stryker Corporation (SYK) ahead of their earnings. Before delving deeper into the fundamentals of these stocks, let’s discuss trends that are shaping the medical sector’s future.
