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Medical company Becton, Dickinson & Co. (NYSE: BDX) is positioned to profit from an unstoppable trend in demographics.
Demand for medical supplies and healthcare surges as populations get older, and the world’s population is about to hit a never-before-seen milestone. According to a report by the National Institute of Health & Aging, the number of people aged 65 and older will outnumber children younger than five years old worldwide by 2020. It will be the first time in recorded history that that has been the case.