The global medical technology industry’s market size is currently around USD $400 billion and is forecast to hit USD $495 billion over the next three years, according to a PwC report. The term “medical technology” covers a broad range of products, from devices to drugs as well as software. Technological advancements in the industry assist to save lives by improving the accuracy of diagnoses, improving treatments, and evolving medical care. These fresh technological developments continue to boost excitement within the market. Demand for healthcare is forecast to grow as the aging population increases and a rise in prevalence of chronic diseases. From data-based approaches to potential blockbuster drug candidates, advancements in healthcare may catalyze opportunities for investors looking to healthcare stocks.Click Here For Healthcare Stocks Gaining Investors' Attention This Week