Our neutral stance on the global healthcare sector due to extended valuations and a relatively slower pace of earnings growth post pandemic has panned out this year with the sector’s modest year-to-date returns of 9.5% and relative under-performance of -4% to world equities. In terms of earnings growth outlook, the global healthcare sector is still forecast to see relatively more moderate FY21E and FY22E earnings growth of 17% & 7% respectively partly driven by pandemic demand normalization, lagging world equities’ FY21E and FY22E estimated earnings recovery of 37.4% and 10.4% respectively.

1. Global Mobile Gaming Market – Competitive Landscape

2. Global Mobile Gaming Market – Mergers /Acquisitions/ Investments

3. Global Mobile Gaming Market - Company Profiles