Shoppers wait in line at the pharmacy of a Walmart store in Charlotte, North Carolina, Sept. 13, 2018.The "consumerization of healthcare" will continue to grow after the pandemic, and it could benefit both high-tech companies and stodgy retailers, according to a new report from UBS.
The bank defined defined the trend as "individuals asserting more influence and control over their medical & wellness care." The trend is being driven by technological progress as well as an aging population and rising health care costs, according to the report. UBS estimated he total addressable market for the industry at roughly $600 billion and still growing faster than the overall economy. In addition to obvious names like
, companies from a variety of backgrounds are poised to benefit from this shift, according to the note.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS: Companies that will benefit from consumer interest in healthcare - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Financial adviser diversity data at UBS wealth management Americas - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
UBS: Companies that will benefit from consumer interest in healthcare - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here's how to trade Chinese stocks during rising tensions with the U.S. and a pandemicThere's still opportunities for investors in Chinese stocks, despite increased tensions over trade, the coronavirus and geopolitical issues. How? Is to trash them! Garbage! buyInUSA Rafa_Peraza02 The answer is you don’t.
Source: CNBC - 🏆 12. / 72 Read more »