Medical supplies industry

There has been a price erosion for the stocks in the medical supplies industry in early 1999 due to legislative concerns, rotation of investor sentiment in the market, and rising interest rates. However, the increased standards of living around the world, the aging population in the US and other industrialized countries, and new products are favorable for the industry for the long term. Investors will find some worthwhile stocks in this sector, but they need to seek the best prospects in terms of stock price and product diversity.