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Global 5G Market Value in Healthcare Sector to Reach Nearly USD 18 Billion by 2026: MIC
February 20, 2020

Global 5G market value in the healthcare sector is projected to reach USD 17.99 billion by 2026, according to MIC (Market Intelligence & Consulting Institute), Taiwan-based government tank and IT research institute. “Applications most likely to adopt 5G include telemedicine such as remote consultation and remote biometrics, private healthcare networks, 5G ambulances, and mobile rescue equipment for military operations,” said Wei-Gan Su, industry analyst with MIC.

Global 5G Market Value in Healthcare Sector, 2020-2026

Source: MIC, Feburary 2020

"The use of 5G in the healthcare sector will be driven mainly by two factors: to significantly enhance the performance of existing applications and follow a natural course of network evolution to 5G."

To see more about this report, please visit: Applications of 5G in Healthcare Sector 

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About MIC

Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry.