
Healthcare is almost too diverse to be called a sector. From provision of medical services to pharmaceutical companies, from insurers to contract drug testing businesses (like the Candover-backed Inveresk) the range of businesses is wide and growing.
Two themes are apparent. First, the demographic shift: in Europe an ageing population is driving much of the sector’s growth. Meanwhile a wave of cost-containment, as people look for new ways to purchase, is acting as an engine for consolidation. A good example is early diagnostics – spending now to save later.
As always we look to work with experienced and proven management teams.