5G healthcare market to reach $3.667 million by 2026

Help Net Security October 11, 2021

The 5G healthcare market is projected to reach $3.667 million by 2026, at a CAGR of 76.3% between 2021 and 2026, according to MarketsandMarkets.

5G stands for the fifth generation of mobile communication technology. With each generation’s new technology and standards, there have been improvements in transmission speed and network capacity.

5G represents a big leap in cellular technology and in healthcare by providing essential levels of connectivity to enable a new health ecosystem, one that can meet the needs of patients and providers accurately, efficiently, cost-effectively, conveniently, and at a substantial scale. This massive network will include billions of low-bitrates and low-energy connected health monitoring devices, remote sensors, and clinical wearables, with 5G providing a backbone infrastructure for IoT.

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