Fitness Tracker Revenue Will Top $5B.
The global revenues for smartphone-connected fitness tracking devices and
equipment will grow from $2 billion in
2014 to $5.4 billion by 2019, according to a
report from research firm Parks Associates.
Source: Pai, Aditi. “Fitness Tracker
Device Revenue to Reach $5.4B by
2019.”Mobihealthnews RSS. N.p., 25 Mar.
2015. Web. 19 Aug. 2015
Medtronic is now the undisputed industry leader by
market cap, medtech sales, and staff numbers.
This is due to its purchase of Covidien, the largest acquisition
in the sector’s history.
Source: McCann, Erin. “Digital Health Venture Cash Keeps
pace with 2014.”Healthcare IT News. N.p., 7 July 2015. Web. 19
Telehealth to drive global home healthcare market to $355.3B by 2020.
The global home healthcare market is expected to reach $355.3 billion by 2020, growing at an
estimated CAGR (compound annual growth rate) of 7. 8 percent from 2014 to 2020.
Source: Mobihealthnews RSS. 26 June 2015. Web. 19 Aug. 2015
Health applications for Android and iOS allow
for new possibilities to emerge .
The number of Android and iOS mHealth apps in
2014 was more than 100,000. In the past two and
a half years, just 5,000 of these apps earned $1
million or more in revenue. By 2017, experts predict
mHealth spending will be in the tens of billions.
Source : Miseta, Ed. “How Important Will MHealth
Be To Pharma?” Clinical Leader, 11 June 2015. Web.
14 Aug. 2015