Facebook Eyes Digital Healthcare Market: Report

MarketWatch Pulse

Facebook Inc. is reportedly following Silicon Valley rivals Apple Inc. and Google Inc. into the lucrative digital healthcare market. The social networking giant may create support communities that would connect Facebook users suffering from various ailments, Reuters reports, citing three anonymous sources. The company is also exploring apps in the preventative care market, which are designed to help people live healthier lifestyles. This comes a month after Apple unveiled its first wearable, Apple Watch, which has a niche healthcare focus. Facebook's plans are reportedly still in the idea-gathering stage. The company did not immediately respond to MarketWatch for a comment.

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