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Buy 3 Medical Info Systems Stocks to Brave Industry-wide Challenges

Stocks like 10x Genomics Inc. (TXG), Omnicell, Inc. (OMCL) and Inspire Medical Systems, Inc. (INSP) are expected to gain despite pandemic-led disruptions.

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This story originally appeared on Zacks

The COVID-19 pandemic has in a way increased the pace of progress of the Medical Information Systems industry. Digital health has sustained its strong growth momentum in the second half of 2021, thanks to the growing demand for contactless services surrounding the more infectious new virus variants. Market watchers claim that even beyond the pandemic, digital health is expected to maintain this strength as healthcare professionals and patients leverage its benefits. This industry is currently witnessing growing demand for all kind of digital healthcare support including telehealth, cloud computing, artificial intelligence and robotics, analytics, EHR and IoT, which have proved beneficial in controlling the spread of the infection. This has created a unique opportunity for companies like 10x Genomics Inc. TXG, Omnicell, Inc. OMCL and Inspire Medical Systems, Inc. INSP. However, there is a counterargument that with the continued vaccination drive and a gradual decline in COVID-19 cases, this trend might get disrupted going forward.

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10x Genomics Inc. (TXG): Free Stock Analysis Report

 

Cerner Corporation (CERN): Free Stock Analysis Report

 

Omnicell, Inc. (OMCL): Free Stock Analysis Report

 

Inspire Medical Systems, Inc. (INSP): Free Stock Analysis Report

 

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