In a way, yes, because an economically developed country is inconceivable without developed health care. As countries grow economically, whether they are emerging economies or not, their society demands more and better quality health care.
Why invest in this trend?
A country that grows economically also grows in health care.Nations such as China and India, which represent a large part of the world's population, will increase this demand in the coming years in proportion to their economic growth as a country.
Longer life expectancy, higher health spending.Those over 65 spend three times more on health care than the rest of the population. A population that, by 2050, is expected to be double the current one due to the increase in life expectancy that, in turn, originates from the development of health.
Investment in health is one of the fundamental aspects for the development of a society, and recent events have once again highlighted this.
Due to the pandemic, health systems have reached their maximum capacities, reminding us of something that we all know: the need for constant investment in the health sector, both public and private.
When you invest in healthcare, the results are always visible.In the last 10 years, the approval of new drugs has grown by 113%. This greater scientific productivity is due to improvements in research, processes, technology and the high capital investments made.
A positive correlation: new medicines, greater sale of medicines.The ageing of the population brings with it new challenges for the pharmaceutical industry, which is responsible for improving the quality of the last stage of life. A growing population, as its need to use drugs grows.
Health expenditure per capita
Forecasts indicate that healthcare will be one of the fastest growing sectors in the coming years.
Health care is the best performing sector out of the top five and worst sectors in the last ten years.
Average 10-year difference between the top 5 and bottom 5 in each sector
Performance difference in %
When we think of health it is logical to think of medicine. However, to reach new challenges, medicine needs the support of other disciplines such as biology, biochemistry, or molecular biology.
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