Nadine McGrath

Healthtech has become one of the largest and fastest-growing sectors for New Zealand's globally focused technology companies

It may only be a small country of ~5.3 million people but New Zealand punches well above its weight when it comes to healthcare innovation.

The ASX healthcare sector moved up 4.23% this week, while the broader market rose 1.34%

Healthcare and life sciences expert Scott Power, who has been a senior analyst with Morgans Financial for 27 years, gives his take on the ASX healthcare sector for the week.

The S&P/ASX 200 rose 2% in July to outperform global markets Six of the 11 ASX sectors finished higher with energy leading the gainers amid higher oil prices

Global markets had a wild ride in July, driven largely by escalating Middle East conflict an an AI stocks reassessment that rattled both Wall Street and Asia before a late-month recovery.

At Stockhead we tell it like it is. While Singular Health, Recce Pharmaceuticals, Imagion Biosystems and Alterity Therapeutics are Stockhead advertisers, they did not sponsor this article.

Nadine McGrath Singular Health makes key progress in target US market in Q4 FY26 with growing pipeline and strengthened relationship with Provider Network Solutions

For ASX healthcare investors the June quarter was when the sector started showing signs of recovery after a prolonged period of underperformance.

The S&P/ASX Healthcare Index rose 2.27% in July to outperform benchmark S&P/ASX 200 which was up 2%