With demographics in America getting older, healthcare and medical device companies will stand to be some of the biggest beneficiaries. However, with the implementation of Obamacare and increasing state control of the healthcare system, profitability in medicine, health insurance, and medical care services will be capped. However, since cosmetic treatments are not covered by health insurers, growth will not be limited by regulation of this sector. An ageing population along with the national wealth distribution favoring the elderly, cosmetic surgery will boom over the next decade.
One of the best companies to trade increased use of cosmetic surgery is Cynosure (NASDAQ:CYNO). Cynosure specializes in many laser surgery techniques that remove unwanted body imperfections such as cellulite, body hair,...
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