Amidst major macroeconomic headwinds, businesses of all sectors are expected to face considerable challenges this year. The medical industry is no exception. Therefore, I think it might be ideal to avoid Vapotherm, Inc. (VAPO) and Neptune Wellness Solutions, Inc. (NEPT), considering their weak fundamentals. These stocks have declined substantially over the past months.
The healthcare ecosystem is rife with competing interests and forces, from rapidly evolving technologies and shifting government policy to the complex regulatory environment and needs of consumers, payors and providers. According to Verified Market Research, the global healthcare market will reach $665.37 billion by 2028.
