For the healthcare industry to remain profitable, people must continue to get sick. This is why those who gain wealth from the healthcare industry are running scared.
Medical and recreational marijuana is becoming accepted, legalized and used at a very fast pace. More people are turning away from red meat and consuming more poultry, fish, vegetables and nuts. The biggest worry for big pharmaceuticals was released recently, however, and that is that water has bypassed soda as the most consumed liquid.
Bottled water has been enjoying growth for years, while sales of traditional sodas have declined. Research and consulting firm Beverage Marketing Corp. says Americans drank an average of 39.3 gallons of bottled water in 2016, and 38.5 gallons of carbonated soft drinks. In 2015, bottled water was at 36.5 gallons while soda was at 39 gallons.
Soda consumption has also been linked to diabetes, obesity (which often leads to other health issues like heart disease) and osteoporosis.
So with sod consumption on the decrease, more people practicing heathy diets and medical marijuana legalization on the rise, the metrics for pharmaceutical drugs, hospital visits and stays in hospitals should be seeing a downward trend. Everyone should be happy about this but of course those in the health industry won’t be.