The healthcare industry is one of the biggest and most varied industries, with a wide range of businesses that sell medical products and provide medical services. Sectors within the healthcare industry include healthcare equipment and services, pharmaceuticals, biotech, and similarly related life sciences.
There are multiple drivers that keep the healthcare sector churning. The aging population, rising diseases, and ongoing need for healthcare create a constant demand within the medical sector.
The near-constant growth and expansion of the medical industry creates fertile ground for smaller companies. In this article, we’ll talk about a few healthcare penny stocks that give investors a good chance to get into the healthcare sector with a low entry barrier.
Recently, an advisory panel of the
Analyst
As of
The iHelpMAX and its platform can be paired with multiple other devices to enable remote patient monitoring and data collection of essential vital signs in real time. This remote monitoring makes the unit telehealth-ready.
UN statistics state that by 2060 the population over 75 will grow 61.6% compared to what it is now, and with 90% of seniors saying they intend to remain in their homes for the next 5-10 years, the amount of patients needing remote monitoring devices is going to rapidly increase.
Analyst
WHSI has a good product, the iHelpMAX 4G, a rapidly growing market, and a positive outlook for the future, for these reasons, put WHSI on your radar for healthcare penny stocks.
Another great penny stock in the healthcare sector is
These variations (mutations) are frequently associated with disorders and disease, but they can also be associated with other factors, such as disease resistance or sensitivity to environmental perturbations, such as sunlight or exercise.
BNGO’s flagship optical genome mapping system, known as Saphyr, has been churning away, consuming market share. The company’s clinical services have also seen a strong performance as of late.
Though genome mapping is a relatively young market, overall sales in the sector reached a little over
With Bionano already ahead of the game and producing a leading platform in this industry, pay attention to BNGO as the industry continues to grow.
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Read More: CapitalGainsReport Sector Spotlight: Healthcare Penny Stocks On The Move (ARDX, WHSI, BNGO)