Medical Device ETF Could Lead Healthcare Rebound

Specifically, observers argue that medical technology companies can tap into increased healthcare spending among emerging economies while the U.S. market has matured and could experience slower growth. For instance, McKinsey & Company calculated that China’s healthcare spending could triple between 2011 and 2020. [Growth for Medical Devices ETFs]

“However, of all the healthcare subsectors, this is the one sector that has the least amount of uncertainty because the benefit from the repeal of the Affordable Care Act can be calculated based on lower expected tax increase. Also, medical devices are the subsector that most underperformed the overall healthcare sector since the passage of the ACA,” according to Seeking Alpha.

iShares U.S. Medical Devices ETF