This Sector Is Your Best Investment Over the Next Decade

I admit it's sometimes difficult to look too far down the road when the market continues to head higher regardless of the economic news. My investments have fared well as of late, and anyone who's been an optimist over the past four years is probably doing well, too. But the market doesn't have much regard for the past; it's all about what's in the future that often drives stocks. That's why I want to look at a sector that's poised for big gains over the next decade: the health care sector.
I understand there's plenty of animosity toward the sector because of high branded-drug prices and a long, drawn-out, drug development process, but there are five reasons why health care represents your best investment choice over the coming decade rather than traditionally strong sectors like technology or financials.
1. Lab-based sequencing costs are falling dramatically
There is one primary reason why research costs are contributing to better drugs coming down our pipeline: Big technological advancements over the past decade.
Drug research all begins in the lab. According to the U.S. National Institutes of Health, there are more than 140,000 clinical studies currently under way. This figure has ballooned since 2000 as higher quality genome-sequencing equipment and better in-lab instrumentation has allowed researchers to conduct significantly more studies for the same previous cost.

Source: ClinicalTrials.gov, a service of the U.S. National Institutes of Health.

The chart above means a big boost in human genome sequencing demand for Life Technologies (NASDAQ: LIFE  ) . Life Tech introduced its Benchtop Ion Proton Sequencer in January last year for a price of just $149,000 and touted its ability to sequence the human genome in a single day for just $1,000. Previous versions had cost anywhere from $500,000-$750,000 and took weeks or months to sequence the human genome at a cost of $5,000 to $10,000 a pop. (more)
 
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