Health care stocks on the ASX

Australian companies transforming our health care

Rich talks health care stocks

Health care is a dynamic sector. What are our favourite stocks?

Key Topics Covered in the Video:

  • We’ve had great success in health care picking some quality Australian companies
  • $CSL dominates with a market cap of $138billion but the sector thrives in small caps

Health care shares on the ASX — ehealth & med-tech

Look for technology driven companies disrupting health care

AHC Austco 5 year share price chart @Nov 2024

Austco Healthcare Limited (ASX: AHC)

Austco is an international provider of healthcare communication and clinical workflow management solutions. It pays dividends.

PGC Paragon Care 5 year share price chart @nov2024

Paragon Care Ltd (ASX: PGC)

Paragon Care is a leading provider of medical equipment, devices and consumables for the Australian and New Zealand.

BMT Beamtree 5 year share price chart @Nov 2024

Beamtree (ASX: BMT)

Beamtree is a leading provider of health AI technology software and services in Australia and is expanding its reach globally. It has over 180 clients in more than 25 countries.

Get the full research on our favourite e-health and med-tech stocks

Health care is a high growth market driven by the ageing of the population, advancing technology, rising consumer expectations and increasing government spending.

Richard Hemming_w
Richard Hemming
Editor

Australian Health Care stocks

Stock picking the best shares in each sector. Discover the best ASX listed ehealth and med-tech stocks

There are 167 companies in health care. Equipment and services is one sector but we prefer hunting for game changing stocks in the pharmaceuticals, biotechnology and life sciences. Australians are particularly skilled in this sector. Think how cochlear implants have transformed people’s lives!

Uncover more ASX Sectors to invest in today.

FAQs

1. ASX:CSL CSL Limited 138.8B 282 .63
2. ASX:RMD ResMed Inc 23.31B 37 .44
3. ASX:PME Pro Medicus Limited 21.38B 202 .39
4. ASX:FPH Fisher & Paykel Healthcare Corporation Limited 20.05B 33 .48
5. ASX:COH Cochlear Limited 19.6B 296 .72

Med-tech stocks and biotech stocks can be the same, but generally medical technology refers to companies that produce instruments, while biotechnology refers to drugs that metabolise within the body.

At the med-tech and biotech end there are huge risks relating to regulatory approval. There are risks even with the big names in the sector, like CSL when it comes to generic competition and product supply.

Hospital operators have big costs to contend with, which include labour and products.

Health has a notoriously long lead time to product approvals and sales turnaround.

E-health stocks are those that offer software and hardware solutions to improving the flow of information around medical centres and hospitals. Nurse call software is one example, but also auditing of hospital data and imaging solutions.

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