Linda Tian, GlobalData’s Analyst covering Medical Devices, says:
“GlobalData believes that Apple’s strategy to unite medical applications, electronic health records and peripheral devices through a platform, reported to be the HealthKit, will be a major milestone in the wave of technology-healthcare alliances.
“This move into the mobile health (mHealth) space promises significant future returns for Apple, as GlobalData forecasts this market to grow at a Compound Annual Growth Rate (CAGR) of 31.5%, from an estimated $3 billion in 2013 to $11.8 billion by 2018.