Healthcare market overview
Funding for digital health startups has increased annually since 2012, hitting a record high of $6.9B in 2016. Investors remained bullish, with 2017 and were on track to hit $10B in disclosed equity funding, which would set yet another annual record.
Key healthcare markets are in North America, the European Union and Asia, and represents one of the most stable areas with an economic growth exceeding 7,5% of world GDP.
The global healthcare market is projected to be exceed 8.7 trillion by 2020 (Deloitte 2017), and the precision medicine market is valued at USD$ 40 billion at the end of 2016, with CAGR 10–11%. BY 2025 this sector is expected to exceed $110 billion.
The global Blockchain market is expected to grow from USD $210.2 million in 2016 to USD $2,312.5 million by 2021 — with a Compound Annual Growth Rate (CAGR) of 61.5%.