Home Health Hubs Market Emerging Trends, Major Growth Factors, Technological Advancements, Regional Outlook, Competitive Landscape and Global Forecasts to 2025

“Global Home Health Hubs Market Analysis to 2025” is a specialized and in-depth study of with a focus on the global market trend. The report aims to provide an overview of global home health hubs market with detailed market segmentation by product & service, type of patient monitoring, end user, and geography.

Home Health Hubs Market to 2025 - Global Analysis and Forecasts By Product & Service (Smartphone-Based Hubs, Standalone Hubs and Services), Type of Patient Monitoring (High-Acuity Patient Monitoring, Moderate-Acuity Patient Monitoring and Low-Acuity Patient Monitoring), End User (Hospitals, Healthcare Payers and Home Care Agencies) and Geography

Home health hub is software platform that connects the health caregiver and patient through the patient’s electronic devices and proactively organizes care & manages chronic disease for better outcomes. Significant developments such as advanced connected home and mobile technologies are increasing efficiency and automation capabilities of data collection from patients. This helps to improve hospital and patient connectivity, thereby improving healthcare delivery and quality of care.

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The home health hubs market is expected to grow with a significant rate in the coming years, owing to factors such as increasing emphasis on patient engagement & care management and extensive use of software solutions by healthcare providers in developed as well as developing countries across the globe. Growth of healthcare IT sector and integration of mobile technologies for its application in home healthcare are expected to detain the growth of this market to a certain level.

Key Companies studied in this report are-
1. OnKöl
2. INSUNG INFORMATION CO.LTD
3. Ideal Life Inc.
4. iHealth Labs Inc.
5. Honeywell International Inc.
6. Vivify Health, Inc.
7. Qualcomm Life, Inc.
8. MedM
9. Lamprey Networks, Inc.
10. AMC Health

The global home health hubs market is segmented on the basis of product & service, type of patient monitoring and end user. The product & service segment includes, smartphone-based hubs, standalone hubs and services. The home health hubs market based on the services is further classified into, remote patient monitoring services and support & maintenance services. Based on the type of patient monitoring, the home health hubs market is segmented as, high-acuity patient monitoring, moderate-acuity patient monitoring & low-acuity patient monitoring. Based on end user, the market segment includes, hospitals, healthcare payers & home care agencies.

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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global home health hubs market based on product & service, type of patient monitoring, and end user. It also provides market size and forecast till 2025 for overall home health hubs market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.

North America is expected to contribute to the largest share in the home health hubs market in the coming years, owing to factors such as, improved healthcare infrastructure, technological advancement in healthcare IT, increasing prevalence of chronic diseases, and increasing demand for better healthcare services. In Asia Pacific, huge demand for healthcare IT solutions for patient management & medical records management and increasing adoption of healthcare IT products and services propel the growth of the market.

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This release was published on openPR.