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The prevalence of chronic diseases and an aging population are also expected to increase the need for healthcare solutions. According to a Techtic report, the global healthcare market is expected to reach $11.91 trillion by 2022.
So, we think it could be wise to bet on fundamentally sound healthcare stocks Stryker Corporation (NYSE:SYK), Boston Scientific Corporation (NYSE:BSX), and ResMed Inc. (RMD), which are trading below their 52-week highs now.
