The healthcare industry is one of the largest and fastest-growing in the world. The U.S. healthcare market alone is worth more than $3 trillion, and it’s growing at a rate of 5-6% per year, fueled by an aging population and technological advancements. In 2022, the global healthcare market is projected to reach $10 trillion. So whether you’re looking to invest for your future or simply want to buy a stock that provides great returns with low risk, investing in healthcare stocks can be an excellent way to boost your portfolio. Moreover, asMoreover, as these companies are almost always in demand, investing in them can also help reduce the risk of your portfolio losing value from another recession or bear market.

Amedisys (AMED)

Amedisys is a leading provider of post-acute medical and rehabilitation services in the U.S. The company specializes in providing short-term, intermediate, and long-term skilled nursing care and home health, hospice, and therapy services for patients. Amedisys has more than 50,000 employees, and the company’s services are used by thousands of patients daily in the U.S. The company is also present in the U.K., Canada, Australia, New Zealand, and the Republic of Ireland. Amedisys has a market cap of $5.13 billion, and shares are trading at $45.45 as of August 22, 2019.

AdaptHealth (AHCO)

AdaptHealth is a leading provider of behavioral health and addiction treatment services in the U.S. The company serves more than 100,000 patients annually in its network of more than 450 locations in 38 states. The company offers various services, including substance use disorder treatment, mental health services, counseling and psychotherapy, and medication-assisted treatment. In addition, AdaptHealth also provides various healthcare services, such as physical and occupational therapy, speech and language therapy, and medical management. The company’s services are provided to individuals in various inpatient, outpatient, residential, and virtual environments. The company has a market cap of $3.37 billion, and shares are trading at $54.49 as of August 22, 2019.

CVS Health (CVS)

CVS Health is one of the largest health care providers in the U.S. The company provides a wide range of services, including retail pharmacy, pharmacy benefit management services, healthcare information technology, and third-party payment services.CVS Health operates about 9,800 retail drugstores, manages pharmacy benefits for more than 70 million people in the U.S., and provides healthcare technology services to more than 80% of all commercial healthcare providers in the country.CVS Health also owns and operates the nation’s largest integrated network of retail clinics, including the CVS Pharmacy chain and the MinuteClinic, one of the largest retail clinics in the U.S.The company has a market cap of $35.25 billion, and shares are trading at $45.45 as of August 22, 2019.

Ninety (NOVT)

NINETY is a biopharmaceutical company focused on developing and commercializing innovative therapeutics to treat patients with rare diseases. Ninety has two therapies that are currently being commercialized. Venclexta is used to treat chronic lymphocytic leukemia (CLL), a rare and potentially life-threatening form of leukemia. Xadascol is used to treat patients with essential thrombocythemia, a form of an overactive blood disorder. The company is also developing several additional therapies for rare diseases, including Cullob and a Phase II clinical trial to treat CLL with combination therapy of Cullob and Venclexta. Ninety has a market cap of $1.93 billion, and shares are trading at $48.35 as of August 22, 2019.

Conclusion

The healthcare industry makes up a significant portion of the U.S. economy and is one of the fastest-growing sectors. In addition, as people get older, they require more health care, which provides increased demand for healthcare services. Technology advancements have also helped boost the industry as it allows physicians to do more remotely and patients to have more access to their records. While the healthcare sector is generally considered low risk, several healthcare stocks are good for long-term investors. These can provide an excellent source of income and can act as a hedge against unexpected market events.