The size of the healthcare market is gigantic. In America alone, it consumes 18% of GDP, equivalent to $3.6trn a year.1In other wealthy countries, the share is lower, around 10%, but it is increasing as populations age. Just as science is developing new gene therapies, so too the pandemic has made people comfortable with digitally-mediated care. That means healthcare is ripe for disruption. VanEck's Genomics ETF allows investors to gain exposure to this development.
1 How health care is turning into a consumer product. The Economist. 15 Jan 2022.