Global Home Health Hub Market Witnessing Significant Growth till 2025

The report provides forecast and analysis of the global home health hub market. It provides market overview of global home health hub market of in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the global home health hub market and their impact on each country during the forecast period.

Home Health hubs, also known as home health gateways are the devices used to aggregate the information from various sources using wireless connectivity. Increasing usage of home healthcare technologies by people will enhance the market growth. Rising geriatric population, increase of chronic diseases and need for frequent monitoring of patient condition are propelling the market growth. Additionally, the growing need to reduce healthcare costs along with improvements of patient outcomes is also driving the demand. In the recent years, increase instances of cyberattacks and threats is creating demand for Home Health Hub, thus enhancing the market revenue.

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The home health hub market has been witnessing significant growth over the past few years owing to increasing health awareness, growing demand for remote patient monitoring solutions and better healthcare services.

Segmentation:

The Global Home Health Hub Market Analysis and Forecasts to 2025can be segmented into patient monitoring type, offerings, end user, and region. Based on the patient monitoring type, the market can be categorized as high-acuity patient monitoring, moderate-acuity monitoring and low acuity patient monitoring. High-acuity patient monitoring segment is expected to witness highest revenue owing to the high prevalence of chronic conditions such as congestive heart failure, chronic obstructive pulmonary disease and chronic kidney diseases.

The market based on offerings can be segmented into products and services. Products are further classified into standalone hubs and smartphone based hubs. Standalone hubs segment contribute to larger share of the market, owing to growing focus on reducing healthcare costs, shift of point-of-care diagnostics from hospital-based care to home care settings, growing burden on healthcare settings are the major factors driving its adoption in the market. Services segment is further classified into remote patient monitoring services, support & maintenance services. Many large and small manufacturers in the market are aiming to develop various solutions and such developments are further expected to bolster the demand for solutions segment in the coming years.

Based on end user, the market can be segmented as, hospitals, healthcare players, homecare agencies, nursing homes and assisted living facilities. Hospital segment is expected to account for the largest share of home health hub market during the forecast period.

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Global Home Health Hub Market Players List:

Qualcomm

Lamprey Networks

Vivify Health, Inc

AMC Health

Honeywell International

iHealth Lab

Ideal Life Inc

Hicare

MedM Inc

Onkol

Regional Overview:

The global home health hub market based on the geography is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for home health hub in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE. The home health hub market report includes market size and analysis for all the above-mentioned regions and countries for, patient monitoring type, offerings and end user.

Major TOC Contents

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Global Home Health Hub Market – Market Dynamics

Drivers

Restraints

Opportunities

Chapter 4: Global Home Health Hub Market – By Offerings

Products

Standalone Hubs

Smartphone based hubs

Services

Remote Patient Monitoring Services

Support & Maintenance Services

Others

TOC to be Continued.!

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