Healthcare is one of the world's largest industries. Total expenditures just in America were $4.5 trillion in 2022, nearly a fifth of the country's Total economic output. Government studies suggest healthcare will continue to outgrow the broader economy in the coming years as well.

Investors would be wise to look for opportunities here. To help them out, I've looked at healthcare's hottest trends to find some companies poised to generate exceptional returns. These three stocks are all poised to double investors' money, and even a minimal investment of $1,000 could make long-term investors a sizeable sum over time.

Here is what investors need to know about these three healthcare stocks.

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Source Fool.com