Tremendous Benefit to Healthcare with Private LTE and 5G Networks

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By Kangrui Ling | 3Q 2020 | IN-5926

 

Healthcare Sector Starts to Benefit from Private Networks

NEWS


In our 5G in Health Care (AN-5234) Application Analysis Report, ABI Research forecasts 5G revenue in healthcare will grow from US$2.3 million in 2021 to US$399 million in 2026, at a staggering CAGR of 137%. This revenue is forecast to primarily come from private healthcare providers, with the rest coming from healthcare payers (e.g., consumers using wellbeing wearables) and the public healthcare sector.

5G is set to transform the healthcare sector by actualizing use cases such as remote surgery, telemetry, etc., that can increase accessibility to better healthcare and improve healthcare standards and allowing Communication Service Providers (CSPs) to penetrate new value chains.

CSPs are already hopping on the opportunity: for example, this year AT&T started working with Rush Unive...

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