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0 -8.52442247038199E-05 0.00119341914585287 0.00127866337055669 0.00451794390930015 -0.000937686471741535 -0.000937686471741535 -0.000937686471741535
Stock impact report

Why Is BioNTech SE (BNTX) Among the Best High Growth Healthcare Stocks to Invest In Now? [Yahoo! Finance]

BioNTech SE - American Depositary Shares (BNTX) 
Company Research Source: Yahoo! Finance
During lean economic times, investing in healthcare stocks is generally regarded as defensive. This is due to the fact that people typically do not cut back on their use of prescription medications or other essential healthcare services, even during difficult financial times. According to the Centers for Medicare and Medicaid Services (CMS), national healthcare spending is projected to reach an estimated $4.8 trillion in 2023 and grow at an annual rate of 5.6% between 2027 and 2032. Global healthcare spending hit a record high in 2021 at $9.8 trillion, or 10.3% of global gross domestic product (GDP), according to a World Health Organization report released in December 2023. Public health spending, however, continued to rise globally, except for low-income nations, where government health spending fell due to their heavy reliance on foreign assistance. In 2021, high-income countries spent almost $4,000 per capita on health care, while 11% of the world's population resided in nations Show less Read more
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