CNBC April 8, 2019
KEY POINTS
- Health care could bring in over $15 billion for Apple by 2021 and up to $313 billion by 2027, according to a Morgan Stanley report.
- The low end of that range will come from the popularity of wearables alone.
- Medical records are viewed as one big opportunity for Apple.
Apple’s opportunity in health care is so large with the Apple Watch that the company should soon generate tens of billions of dollars a year in annual revenue from wearables and health services, according to a new report from Morgan Stanley.
It’s a nascent space for Apple and hard to predict...
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Topics: Apps, Digital Health, EMR / EHR, Health IT, Healthcare System, Investments, Market Research, mHealth, Technology, Trends, Wearables