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Stock impact report

These 2 ‘Strong Buy' Medical Device Stocks Are Poised for Growth, Says Analyst [Yahoo! Finance]

InfuSystems Holdings, Inc. (INFU) 
NASDAQ:AMEX Investor Relations: ir.infusystem.com
Company Research Source: Yahoo! Finance
Several research firms are now pointing to medical device companies as promising candidates. According to KPMG, the medical device industry is on a steady upward trajectory, with global annual sales expected to grow by over 5% annually, reaching close to $800 billion by 2030. BCC Research offers an even more optimistic outlook, projecting the market to surpass $953 billion by 2027. The reason behind this optimism is simple: innovation. Medical device companies are developing new tools that enable healthcare professionals to provide better diagnoses, more effective treatments, and improved patient outcomes. As technological advancements surge and an aging population increases demand for healthcare solutions, the sector stands to benefit from both long-term trends and pressing needs. All of this makes medical device stocks solid choices for investors seeking growth. That's exactly why Kyle Bauser, an analyst at B. Riley, recently highlighted two medical device stocks he believes ar Show less Read more
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