Home health hubs, also called home health gateways, will be a growing part of the home health technology market. These devices and applications use wireless connectivity to collect information from various sources. The home health hubs market is expected to reach $875.2 Million by 2025 from $210.5 Million in 2017, at a CAGR of 31.2%. Drivers that are influencing home health hub market are growth in the geriatric population, and the subsequent increase in the prevalence of chronic diseases helps to boost the market. The security and privacy concerns associated with these devices are expected to restrain the growth of this market. Lack of awareness & availability is one of the opportunities for Home Health Hub market.
Research Study Objectives:
- Define, estimate, and forecast the Home Health Hub market statistics by product & service, type of patient monitoring, end user (Segments), and regions concerning the individual growth drivers, market trends and their contribution toward the Home Health Hub market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Home Health Hub Market Analysis
- Analysis and conclusions on the future Home Health Hub market outlook.
Top-down and bottom-up approaches are used to validate the Home Health Hub Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals
and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
Home Health Hub Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
Home Health Hub market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Home Health Hub market segmentation is as follows:
By product & service
- Introduction
- Standalone Hubs
- Smartphone-Based Hubs
- Services
By type of patient monitoring
- High-acuity patient monitoring
- Moderate-acuity patient monitoring
- Low-acuity patient monitoring
By end user
- Hospitals
- Healthcare Payers
- Home care agencies
- Nursing homes & assisted living facilities
Geographical Analysis:
Home Health Hub Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and
many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Home Health Hub Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Home Health Hub Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on year–on–year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Home Health Hub market players, such as
- Qualcomm Incorporated.
- Lamprey Networks
- Vivify Health, Inc.
- Honeywell International.
- IDEAL LIFE Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Home Health Hub competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
