The global medical technology industry’s market size is presently around USD $400 billion and is predicted to reach $495 billion in the next three years, according to a PwC report. The term “medical technology” covers a wide range of products, from devices to drugs to software. Technological advancements in the industry help to save lives by improving the accuracy of diagnoses, treatments, and in turn evolving medical care. Demand for healthcare is forecast to grow with an aging population increasing and the rise in prevalence of chronic diseases. With demand growing, advancements in the sector boost excitement within the market. From data-based approaches to potential blockbuster drug candidates, advancements in healthcare may catalyze opportunities for those looking to healthcare stocks. Click Here For Top Healthcare Stocks To Watch This Week