Because of a number of favourable tailwinds including ageing populations, better technologies and treatments, and increased chronic disease burden, demand for healthcare services is expected to increase strongly over the next few decades.
As a result of this, the healthcare sector has been tipped as an area of the market to consider for long term investments.
But which healthcare ASX shares should you buy? Two that are highly rated are listed below:
The first ASX healthcare share to look at is Cochlear. It is a global leader in the development, manufacture, and distribution of cochlear implantable devices for the hearing impaired.
After being hit hard by the pandemic, Cochlear bounced back incredibly strongly during the first half…