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Nordic healthcare provider looks set to return to glory days of 2017


The country with the highest rate of Alzheimer's Disease is Finland. It has 54.65 cases per 100,000 people, compared with the UK, for example, with 42.7. Among the Nordic countries, half a million people are believed to suffer from dementia disease or mild cognitive impairment.

This is a level that is expected to increase sharply, according to the Nordic Welfare Centre, now that the large number of people born in the 1940s is starting to reach old age. Projects by the Centre anticipate double that number of cases by 2050 in the region.

While governments in the region are initiating nationwide, state-backed strategies to tackle a growing problem in a region with an ageing population, private initiatives are also coming online. And Alzheimer's aside, many elderly people in the Nordic region will need greater support and close care going forwards. The demographics can't be argued with in Europe.

This month's stock pick is listed in Sweden and firmly positioned within the healthcare for the elderly sector. Shares are already up 57.9% over 12 months, and while close to the 52 week high, in 2017 they were trading at over 100 SEK.

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