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Home Health Hub Market Expected to Grow at a Higher CAGR of 33.2% by 2024 - Honeywell International, Qualcomm Incorporated, Vivify Health Inc., iHealth Lab, Lamprey Networks, IDEAL LIFE Inc., OnKöl, AMC Health

04-02-2019 12:28 PM CET | Health & Medicine

Press release from: Qurate Business Intelligence

Home Health Hub Market Expected to Grow at a Higher CAGR of 33.2%

Global Home Health Hub Industry was valued at USD 218.8 Million in the year 2018. Global Home Health Hub Industry is further estimated to grow at a CAGR of 33.2% from 2019 to reach USD 1640 Million by the year 2025. In the Global Home Health Hub Industry, by region North America region holds the highest Industry share in 2018 and is also Industry is considered as the fastest growing Industry in the forecasted period owing to their Industry demands. At country level U.S and Canada is projected to grow strongly in the coming years due to high adoption of advanced technologies.

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The global home health hub Industry is segmented on the basis of by product and service, type of patient monitoring, end user, and region. On the basis of products and services Standalone Hubs holds the highest Industry share and is expected to grow with XX% CAGR in coming years. Based on type of patient monitoring, the Industry is segmented into high-acuity patient monitoring, moderate-acuity patient monitoring, and low-acuity patient monitoring. The high-acuity patient monitoring segment accounted for the largest share of the home health hub Industry in 2018.

Major market players in Home Health Hub Industry are Honeywell International, Qualcomm Incorporated, Vivify Health Inc., iHealth Lab, Lamprey Networks, IDEAL LIFE Inc., OnKöl, AMC Health, Hicare (Subsidiary of Insung Information Co. Ltd), MedM Inc, and Other 8 more company’s detailed information provided in the report.

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SWOT analysis of Home Health Hub Industry
Strength:
Rapid increasing geriatric population
Lack of Healthcare Professionals
Weakness:
Security & Privacy Concerns
Opportunities:
Growing healthcare awareness and need of healthy lifestyle
Threats:
Lack of Awareness & Availability

Home Health Hub Industry Segmentation:
Home Health Hub Industry Overview, By Products & Services
• Standalone Hubs
• Smartphone-based hubs
• Remote Patient Monitoring Services
• Support & Maintenance Services
• Services

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Home Health Hub Industry Overview, By Patient Monitoring
• High-acuity Patient Monitoring
• Moderate-acuity Patient Monitoring
• Low-acuity Patient Monitoring

Home Health Hub Industry Overview, By End Users
• Hospitals
• Home Care Agencies
• Healthcare Payers
• Nursing Homes & Assisted Living Facilities

Home Health Hub Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa

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Qurate Business Intelligence delivers unique market research solutions to its customers and help them to get equipped with refined information and market insights derived from reports. We are committed to providing best business services and easy processes to get the same. Qurate Business Intelligence considers themselves as strategic partners of their customers and always shows the keen level of interest to deliver quality.

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