REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
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USD 4120.59 million | 31.2% | North America |
By Product & Service | By Type of Patient Monitoring | By End User |
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SCOPE OF THE REPORT
Home Health Hub Market Overview
The global Home Health Hub Market size is expected to grow from USD 357.73 million in 2020 to USD 4120.59 million by 2029, at a CAGR of 31.2% during the forecast period.
The Home Health Hub market refers to a growing sector within the healthcare industry focused on providing remote monitoring, diagnostics, and care management solutions to individuals in their homes. These hubs typically integrate various technologies such as wearable devices, sensors, mobile apps, and telehealth platforms to enable continuous monitoring of vital signs, medication adherence, and overall health status. They aim to improve patient outcomes, enhance convenience, and reduce healthcare costs by enabling early detection of health issues, facilitating timely interventions, and promoting proactive self-care.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Million) |
Segmentation | By Product & Service, By Type of Patient Monitoring, By End User, By Region |
By Product & Service
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By Type of Patient Monitoring
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By End User
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By Region
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Trends in the Home Health Hub market include the increasing adoption of connected health devices, advancements in artificial intelligence and data analytics for personalized health insights, and the integration of telemedicine services for virtual consultations with healthcare providers. As the global population ages and the prevalence of chronic diseases rises, there is a growing demand for scalable and cost-effective solutions to support aging in place and manage chronic conditions from home. Additionally, the COVID-19 pandemic has accelerated the adoption of remote healthcare technologies, driving further innovation and investment in the Home Health Hub market.
The global regulatory framework for Home Health Hubs varies by region and may encompass regulations related to medical devices, data privacy and security, telehealth services, and healthcare reimbursement. Regulatory bodies such as the U.S. Food and Drug Administration (FDA), the European Medicines Agency (EMA), and the World Health Organization (WHO) play key roles in overseeing the safety, efficacy, and quality of home health technologies. Compliance with regulatory requirements is essential for market entry and commercial success, as it ensures that Home Health Hubs meet established standards for patient safety and data protection while also enabling reimbursement for healthcare services delivered remotely.
Home Health Hub Market Segment Analysis
The home health hub market is divided into standalone hub, mobile hub, remote patient monitoring service based on product and service. These devices and services collect data from a variety of sources, including connected home medical monitoring equipment and standalone health and wellness devices, using wireless technology. Home medical monitoring programs are designed to assist patients who require re-hospitalization or frequent ER visits in receiving treatments at home. The goal of the home health hub is to reduce hospital visits and length of stay. The data can be sent to skilled health professionals in places like hospitals and intensive care units, skilled nursing facilities, centralized off-site case management programs and monitoring centers. Patients who are remotely monitored by professionals are given a treatment plan based on the health data information.
Based on the type of patient monitoring, the home health hub market is segmented into high, moderate, and low acuity. The home health hub market was dominated by the high-acuity patient monitoring segment. The high prevalence of chronic diseases and the growing geriatric population can be attributed to the large share. Moreover, moderate-acuity patient monitoring segment is expected to register the highest CAGR of 30.6% in the market during the forecast period.
The bifurcation of global home health hub market on the basis of end user is hospital, payers and home care agency. The shift from hospital-based care to home care is one of the most visible trends in the healthcare industry. This is primarily due to efforts by government agencies and healthcare organizations to reduce overall healthcare spending and care delivery costs. Home care agencies play an important role in this shift in care delivery models. Home care agencies deploy peripheral devices and home health hubs at patients’ locations to monitor and store clinical data in order to provide better services. This allows patients’ clinical information to be easily accessed via private cloud storage, web portals, and smartphone apps. As more patients transition to home care, the demand for connectivity technologies such as home health hubs is expected to rise in the coming years.
Home Health Hub Market Players
The key market players of home health hub market include Qualcomm, Honeywell, Vivify, Lamprey Networks, AMC Health, iHealth Lab, IDEAL LIFE, Hicare, MedM, and OnKöl. New strategies such as product launches, enhancements, partnerships, collaborations, and strategic acquisitions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the market.
Who Should Buy? Or Key Stakeholders
- Investors
- Hospitals
- Medical Care Services
- End User Companies
- Pharmaceuticals Companies
- Research Institutes
- Healthcare
Key Takeaways:
- The global Home Health Hub Market is expected to grow at a CAGR of 31.2% during the forecast period.
- Based on the type of patient monitoring, the home health hub market was dominated by the high-acuity patient monitoring segment.
- Based on end-users, the hospital is expected to dominate the market.
- North America is expected to dominate the market in the regional share.
- Integration of artificial intelligence (AI) and Internet of Things (IoT) technologies for personalized and remote healthcare monitoring in the Home Health Hub Market.
Home Health Hub Market Regional Analysis
Geographically, the home health hub market is segmented into Asia Pacific, South America, Europe, North America and Middle East & Africa (MEA). North America accounted for the largest share of the home health hub market, followed by Europe. North America’s large share in the global market is attributed to factors such as high adoption of advanced technologies, prevalence of chronic and lifestyle diseases, growing healthcare costs, shortage of physicians, and increasing demand for better healthcare services.
- Asia Pacific: includes China, Japan, South Korea, India, Australia, and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, and Rest of Europe
- North America: includes the US, Canada, Mexico
- South America: Brazil and Rest of South America
- Middle East & Africa: includes Saudi Arabia, South Africa, and Rest of MEA
Key Market Segments: Home Health Hub Market
Home Health Hub Market by Product and Service, 2020-2029 (USD Million)
- Standalone Hub
- Mobile Hub
- Remote Patient Monitoring Service
Home Health Hub Market by Type of Patient Monitoring, 2020-2029 (USD Million)
- High Acuity
- Moderate Acuity
- Low Acuity
Home Health Hub Market by End User, 2020-2029 (USD Million)
- Hospital
- Payers
- Home Care Agency
Home Health Hub Market by Region, 2020-2029 (USD Million)
- Asia Pacific
- Europe
- North America
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Key Question Answered
- What is the current scenario of the global home health hub market?
- What are the emerging technologies for the development of home health hub market?
- What are the historical size and the present size of the market segments and their future potential?
- What are the major catalysts for the market and their impact during the short, medium, and long terms?
- What are the evolving opportunities for the players in the market?
- Which are the key regions from the investment perspective?
- What are the key strategies being adopted by the major players to up their market shares?
Table of Content
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global Home health hub Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact of Covid-19 On Home Health Hub Market
- Porter’s Five Forces Model
- Threat from New Entrants
- Threat from Substitutes
- Bargaining Power of Suppliers
- Bargaining Power of Customers
- Degree of Competition
- Industry Value Chain Analysis
- Global Home health hub Market Outlook
- Global Home Health Hub Market by Product and Service
- Standalone Hub
- Mobile Hub
- Remote Patient Monitoring Service
- Global Home Health Hub Market by Type of Patient Monitoring
- High Acuity
- Moderate Acuity
- Low Acuity
- Global Home Health Hub Market by End Use Industry
- Hospital
- Payers
- Home Care Agency
- Global Home Health Hub Market by Region
- North America
- Us
- Canada
- Mexico
- South America
- Brazil
- Rest of South America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
- North America
- Company Profiles* (Business Overview, Company Snapshot, Products Offered, Recent Developments)
9.1. Qualcomm
9.2. Honeywell
9.3. Vivify
9.4. Lamprey Networks
9.5. AMC Health
9.6. iHealth Lab
9.7. IDEAL LIFE
9.8. Hicare
9.9. MedM
9.10. OnKöl               *The Company List Is Indicative
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HOME HEALTH HUB MARKET BY REGION (USD MILLIONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â UK HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â UK HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â UK HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â UAE HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â UAE HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â UAE HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING (USD MILLIONS) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE (USD MILLIONS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA HOME HEALTH HUB MARKET BY END USER (USD MILLIONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HOME HEALTH HUB MARKET BY PRODUCT AND SERVICE, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HOME HEALTH HUB MARKET BY TYPE OF PATIENT MONITORING, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL HOME HEALTH HUB MARKET BY END USER, USD MILLION, 2020-2029
FIGURE 11Â Â Â Â Â Â Â Â Â Â GLOBAL HOME HEALTH HUB MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 12          PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 14Â Â Â Â Â Â Â Â Â Â QUALCOMM: COMPANY SNAPSHOT
FIGURE 15Â Â Â Â Â Â Â Â Â Â HONEYWELL: COMPANY SNAPSHOT
FIGURE 16Â Â Â Â Â Â Â Â Â Â VIVIFY: COMPANY SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â LAMPREY NETWORKS: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â AMC HEALTH: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â IHEALTH LAB: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â IDEAL LIFE: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â HICARE: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â MEDM: COMPANY SNAPSHOT
FIGURE 23          ONKÖL: COMPANY SNAPSHOT
FAQ
The home health hub market size had crossed USD 357.73 Million in 2020 and will observe a CAGR of more than 31.2% up to 2029 driven by the increasing use of smartphones around the world, as well as an increase in the number of lifestyle-related and chronic diseases.
The global home health hub market registered a CAGR of 31.2% from 2022 to 2029. The home health hub market was dominated by the high-acuity patient monitoring segment. The high prevalence of chronic diseases and the growing geriatric population can be attributed to the large share.
The medical technologies and imaging segment is experiencing a drop in sales as a result of fewer surgeries and delayed or prolonged equipment procurement due to the COVID-19 outbreak.
North America accounted for the largest share of the home health hub market, followed by Europe. North America’s large share in the global market is attributed to factors such as high adoption of advanced technologies, prevalence of chronic and lifestyle diseases, growing healthcare costs, shortage of physicians, and increasing demand for better healthcare services.
The major restraining factor, such as concerns about cyber threats and an increase in data security, is expected to stymie the global home health hub market growth.
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