Why your medical appliance store is actually a better bet for the health care industry
The health care tech sector is growing at a fast clip.
While that’s not the case for most of the companies listed above, there are a few that have quietly grown their businesses.
Some of them, like Appellus, are also gaining market share.
For example, in 2017, Appelluses first-quarter earnings were $2.1 billion, an increase of 15 percent from the year before.
But the growth in healthcare tech is not solely driven by its market share, but also because the industry has started to diversify and embrace a range of services.
Appellumes medical appliances, including medical scanners and x-ray machines, has gained market share in the last few years.
In fact, according to TechCrunch, Appells health software is now the third-most-popular app in the US and the fifth-most popular in Europe.
It’s a good sign that the health technology industry is starting to diversified.
And while this trend has led to some great growth, there’s still a lot of room for growth for the industry in the years ahead.