In A Declining Consumer Tech Spending Forecast, Consumer Health Tech Will Grow in 2022: Reading the CTA Tea Leaves
Health Populi
JULY 15, 2022
Supply chain challenges, inflation, and plummeting consumer economic sentiment are setting the stage for a decline in consumer electronics revenues for 2022. With that macro context, CTA expects “healthy growth for health tech,” illustrated in the first chart, with over $13 bn in U.S. and hardware to fall by 1.4%
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