Monday, January 06, 2014

Connected health market will reach $8B in 2018

The wellness products market generated around $3.3 billion in 2013 and will increase to more than $8 billion in 2018 through product sales and software and service revenues, which is a 142 percent growth, according to a new report by Consumer Electronics Association in conjunction with Parks Associates.

Device manufacturers sold more than 40 million wellness products in 2013, according to the report, and this figure will rise to more than 70 million by 2018.

From the article, "Connected health market will reach $8B in 2018" by Aditi Pai.

Next: Report: Virtual care communication revenues will reach $13.7B in 2018
Previous: 14M networked medical devices to ship by 2018

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