Many things we spend on our money on are wants rather than needs. We could live without cars, smartphones, and streaming services if we had to. But what about healthcare? It's a need.
What's more, demand for healthcare-related products and services is growing. An increasing senior population in the U.S. and elsewhere guarantees that the growth in healthcare will accelerate rather than slow down.
Where there's a market for products and services that people must have and that is assured of generating strong growth, there's an opportunity for investors. That's certainly the case with healthcare stocks. Here are three top healthcare stocks you can buy right now, ranked by descending market cap.