Home Health Hub Market to Witness Robust Expansion Throughout the Forecast Period 2020-2027

According to a new market research study of 'Home Health Hub to 2027 - Global Analysis and Forecasts by Product & Service, Type of Patient Monitoring and End User.' The global Home health hub market is anticipated to reach US$ 2,008.30 Mn in 2027 from US$ 188.73 Mn in 2018. The market is anticipated to grow with a CAGR of 30.1% from 2019-2027. The report provides trends prevailing in the global home health hub market and the factors driving market along with those that act as hindrances.

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The global home health hub market, based on the product & service, is segmented into smartphone-based, standalone, and services. In 2018, the standalone segment held the largest market share of the home health hub market, by product & service. This segment is also projected to dominate the market in 2027 because it enables the patients to manage chronic conditions at preferred care settings by the patient. Additionally, product manufacturing is governed under government regulatory agencies to maintain the quality of products as it is, directly and indirectly, related to human health.

The market for home health hub is expected to grow, owing to factors such as the rising preference for home monitoring devices and better health outcomes and reduced costs. Moreover, the growing use of smartphones is likely to have a positive impact on the growth of the market in the coming years.

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The leading companies operating in the Home health hub market include OnKl, Insung Information Co, Ltd., Ideal Life Inc., iHealth Labs Inc., Honeywell International Inc., Vivify Health, Inc., Capsule Technologies Inc. (Qualcomm Life, Inc.), medium, Sensato Cybersecurity Solutions, and Cisco Systems, Inc., among others. The market has observed inorganic developments during recent years in the Home health hub market. For instance, in September 2019, Sensato Cybersecurity Solutions launched a cyber-security program for critical access and rural hospitals. This program provides the rural hospitals an integrated security platform to the hospitals in the rural regions, which covers servers, networks, medical devices, and related devices. This product has benefited the rural healthcare services provider to improve their services and prevent the data from theft/lost.

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The report segments the global Home health hub market as follows:

Global Home health hub Market - By Product & Service
Standalone Hubs
Smartphone-Based Hubs
Services

Global Home health hub Market - By Type of
Patients Monitoring
High-Acuity Patient Monitoring
Moderate-Acuity Patient Monitoring
Low-Acuity Patient Monitoring

Global Home health hub Market - By End User
Hospitals
Healthcare Payers
Home Care Agencies

Table of Contents

1. Introduction
2. Home Health Hub Market - Key Takeaways
3. Home Health Hub Market - Market Landscape
4. Home Health Hub Market - Key Market Dynamics
5. Home Health Hub Market - Analysis
6. Home Health Hub Market Analysis - By Product
7. Home Health Hub Market Analysis - By Component
8. Home Health Hub Market Analysis- by Deployment
9. Home Health Hub Market Analysis- by End User
10. Home Health Hub Market Revenue and Forecasts To 2027
11. Home Health Hub Market - Industry Landscape
12. Home Health Hub Market - Key Company Profiles
13. Appendix

Pune, India

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.