Stocks Industry Sectors
Stocks Industry Sectors
Stock Market Sector – Choosing a Sector With High Growth Potential
If you are looking at stock market sectors, you will want to find areas which have high growth potential in bull markets but which can also show growth in bear markets and we will look at one such sector in this article.
An estimated 20 Million Americans suffer from Obstructive Sleep Apnea, and even more have other serious sleep disorders, research shows that up to 56% percent of all Americans might suffer from some form of sleep disease and most don’t even know it.
The Opportunity – The exponential growth of diagnosing and treating Sleep Disorders.
While many people are seeing sleep deprivation as a serious health concern, legislation is making testing for sleep orders a legal requirement for example:
JACHO and other hospital organizations have started requiring at risk patients to be screened for OSA (Obstructive Sleep Apnea) prior to anesthesia.
Nationally, states are requiring trucking companies to begin a “sleep program” towards national mandates which will require testing to obtain professional driving licenses.
Lab Sleep Testing
The growth in sleep testing has until recently been conducted in hospitals and independent sleep labs. Patients had to sleep overnight at these locations. Many patients had to wait several weeks, or even months to get an appointment at the limited number facilities. More sleep tests are needed and the trend has been to do this in a home setting. Why study sleep in anywhere else than a person’s bed?
Home Sleep Testing and Why its Set for Explosive Growth
These can be offered at a reduced price of up to 50% cheaper than testing in a lab, tests can be provided within a few days rather than weeks, the tests are convenient, comfortable and most importantly, are considered as or more accurate than lab tests.
Potential High Returns
The growth in home sleep testing looks set to continue for decades Prior to 2008, studies show there was a 25% per year growth in demand for sleep tests and this was before legislation which will see the demand increase even further.
Due to the explosive demand in sleep testing, many companies are seeking to fund this expansion and are offering small investors to participate in this growth industry and savvy investors are taking advantage. If you want a market sector which can show potential high growth in bull or bear then, home sleep testing is market sector you should consider.
Sector Focus: Pulp & Paper Stocks
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