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Home Health Hub Market: Global Industry Top growing at a CAGR of 29.2% | Key Players: Honeywell, Qualcomm, and iHealth Labs

(EuropeNewsWire.Net, August 17, 2018 ) 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.

The future market research report contains information for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2026. The report analyzes and presents an overview of ‘Home Health Hub - Global Market Outlook (2017-2026)' is a professional analysis, drivers, constraints, opportunities, threats, challenges, investment opportunities, and recommendations and in-depth research & with a focus on the current state of the global industry.

Factors favoring 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.

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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.


• OnKφl

• AMC Health

• Hicare (Subsidiary of Insung Information Co. Ltd)

• Honeywell International


• iHealth Lab

• Lamprey Networks

• MedM Inc.

• Qualcomm Incorporated

• Vivify Health, Inc

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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

End Users Covered:

• Nursing Homes & Assisted Living Facilities

• Hospitals

• Home Care Agencies

• Healthcare Payers

By geography, the North America is considered as the largest market in global home health hub market during the forecast period due to increase in advanced technologies, prevalence of chronic and lifestyle diseases, growing healthcare costs, lack of physicians, and high demand in adopting better healthcare services., whereas Asia Pacific stood as the fastest market in this region, factors such as owing to the growth of per capita income, and increase in usage of smartphones.

What our report offers:

- 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)

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Note: Any special requirements about this report, please let us know and we can provide custom report.

About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

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