Motely Fool Podcast – Industry Focus: Healthcare
Motely Fool Podcast – Industry Focus: Healthcare
Aesthetics surgery is a big market, and InMode is positioned to win from its growth. On November 27th, InMode was featured on the Industry Focus: Healthcare podcast, with the hosts raving about the medtech industry. Exploring this “exciting topic”, medtech stocks are “catching investors’ attention, especially with IPO market”. Medtech represents a big opportunity for investors – far bigger than the industry initially assumed, surpassing sales of $8.5B in the US over the last year, and growing at 10% annualized rate. Driven by an aging demographic and social influence, there is growing demand for the aesthetic market, and InMode stock, INMD, will continue to benefit from this trend.