Home Health Hub Market Exploring Future Growth 2017-2026 and Key Players - OnKöl, AMC Health, Hicare (Subsidiary of Insung Information Co. Ltd), Honeywell International, IDEAL LIFE Inc., iHealth Lab

Global Home Health Hub Market is accounted for $186.60 million in 2017 and is expected to reach $1863.50 million by 2026 growing at a CAGR of 29.2% during the forecast period. Factors favouring the market growth are increasing geriatric population, subsequent increase in the prevalence of chronic diseases, shortage of healthcare professionals and decreasing cost of healthcare. Furthermore, increased interest in health and wellness tracking, high demand for remote patient monitoring are some of the major opportunities for the growth of the market. However, lack of awareness and poor internet availability in underdeveloped and developing countries are hampering the market growth.

Some of the key players in home health hub market include:
OnKöl, AMC Health, Hicare (Subsidiary of Insung Information Co. Ltd), Honeywell International, IDEAL LIFE Inc., iHealth Lab, Lamprey Networks, MedM Inc., Qualcomm Incorporated, Vivify Health, Inc.

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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 aggregate information from disparate sources. These devices allow multiple connectivity options to obtain data from commercially available wired and wireless healthcare devices such as blood pressure monitors, pulse oximeters etc. It provides connectivity to take action with collected data by sharing it through a remote device with a display such as a tablet, PC or smartphone or through the cloud. Its primary goal is the need to reduce or contain healthcare costs while improving patient outcomes, increased interest in health and wellness tracking, and the emergence of a more connected consumer base.

Based on type of patient monitoring, high-acuity patient monitoring segment is projected to be the fastest growing segment due to rising demand in aging population, high increase rate in frequency of chronic diseases like kidney failures, heart failures and lung diseases. By end user, home care agencies segment is expected to dominate the market owing to increasing dependency of patients on telehealth solutions, such as remote monitoring via phones and the internet to manage their health conditions, rising government's initiatives to support home healthcare agencies.

Product & Services Covered:
-Standalone Hubs
-Smart Phone Hubs
-Services

Types of Patient Monitoring Covered:
-Low-Acuity Patient Monitoring
-Moderate-Acuity Patient Monitoring
-High-Acuity Patient Monitoring

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Table of Contents

1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Home Health Hub Market, By Product & Service
6 Global Home Health Hub Market, By Type of Patient Monitoring
7 Global Home Health Hub Market, By End User
8 Global Home Health Hub Market, By Geography
10 Company Profiling

End Users Covered:
-Nursing Homes & Assisted Living Facilities
-Hospitals
-Home Care Agencies
-Healthcare Payers

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Important Features that are under offering & key highlights of the report:
-Market share assessments for the regional and country level segments
-Market share analysis of the top industry players
-Strategic recommendations for the new entrants
-Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
-Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
-Strategic recommendations in key business segments based on the market estimations
-Competitive landscaping mapping the key common trends
-Company profiling with detailed strategies, financials, and recent developments
-Supply chain trends mapping the latest technological advancements.

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This release was published on openPR.