Home Health Hub Market by Product & Service (Standalone Hub, Mobile Hub, Remote Patient Monitoring Service), Type of Patient Monitoring (High, Moderate, and Low Acuity), End User (Hospital, Payers, Home Care Agency)

The global home health hubs market projected to grow at a CAGR of 31.2%.

The home health hubs market is expected to reach USD 848.2 million by 2023 from USD 218.5 million in 2018, at a CAGR of 31.2%.

Factors such as the rising geriatric population and the subsequent increase in the prevalence of chronic diseases, growing need to reduce healthcare costs while improving patient outcomes, and shortage of healthcare professionals are driving the growth of the home health hubs market. However, the security and privacy concerns associated with these devices are expected to restrain the growth of this market to a certain extent.

The smartphone-based hubs segment is expected to register the highest CAGR during the forecast period.

On the basis of product and service, the home health hubs market is segmented into standalone hubs, smartphone-based hubs, and home health hub services. The smartphone-based hubs segment is expected to register the highest CAGR during the forecast period. The rapid growth in the smartphone industry, increasing utilization of mobile platforms to improve the accessibility to patient information, rising awareness about smartphone-based health applications, and the growing adoption of smartphone-enabled home health hubs are the major factors driving the growth of this segment.

The home care agencies segment is expected to grow at the highest CAGR from 2018 to 2023.

Based on end user, the home health hubs market is segmented into hospitals, healthcare payers, home care agencies, and nursing homes & assisted living facilities. The home care agencies segment is expected to register the highest CAGR during the forecast period. The high growth in this segment is primarily attributed to the increasing reliance of patients on telehealth solutions, such as remote monitoring via phones and the Internet to manage their health conditions. Governments in a number of countries are implementing various initiatives to promote home healthcare, which is also expected to further drive the growth of home care agencies segment in the coming years.

Asia Pacific is projected to witness the highest growth during the forecast period.

North America held the largest share of the global home health hubs market in 2017. On the other hand, The Asia Pacific market is expected to grow at the highest rate owing to the growing per capita income, increasing health awareness, growing demand for remote patient monitoring and better healthcare services, and increasing penetration of smartphones in several APAC countries.

Break of primary participants was as mentioned below:

By Company Type – Tier 1–21%, Tier 2–45% and Tier 3–34%
By Designation – C-level–39%, Director Level–32%, Others–29%
By Region – North America–47%, Europe–29%, Asia Pacific–14%, Rest of the World–10%

Prominent players in this market are Qualcomm (US), Honeywell (US), Vivify (US), Lamprey Networks (US), AMC Health (US), iHealth Lab (US), IDEAL LIFE (US), Hicare (US), MedM (US), and OnKöl (US).

Research Coverage:

The report analyzes the various home health hubs and their adoption patterns. It aims at estimating the market size and future growth potential of the global home health hubs market for different segments such as product and service, type of patient monitoring, end user, and region. The report also includes an in-depth competitive analysis of key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market, which in turn could help them garner a greater market share.

This report provides insights on the following pointers:

Market Penetration: Comprehensive information on product portfolios offered by the top players in the global home health hubs market. The report analyzes the global home health hubs market by product and service, type of patient monitoring, end user, and region.
Product Development/Innovation: Detailed insights on upcoming trends and product launches in the global home health hubs market
Market Development: Comprehensive information on the lucrative emerging regions by product and service
Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the global home health hubs market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and products of leading players in the global home heath hubs market

1 Introduction

1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Limitations
1.5 Currency
1.6 Stakeholders

2 Research Methodology

2.1 Research Approach
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Research
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data From Primary Research
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights

4.1 Home Health Gateway : Market Overview
4.2 Geographic Analysis: Home Health Gateway Market, By End User (2017)
4.3 Home Health Gateway Market: Regional Mix
4.4 Geographical Snapshot of the Home Health Hubs Market

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in the Geriatric Population and the Subsequent Increase in the Prevalence of Chronic Diseases
5.2.1.2 Need to Reduce Healthcare Costs
5.2.1.3 Shortage of Healthcare Professionals
5.2.2 Restraints
5.2.2.1 Security & Privacy Concerns
5.2.2.2 Reimbursement Issues in the US
5.2.3 Opportunities
5.2.3.1 Growing Remote Patient Monitoring Market
5.2.3.2 Increased Interest in Health and Wellness Tracking
5.2.4 Challenges
5.2.4.1 Poor Internet Availability in Underdeveloped and Developing Countries
5.2.4.2 Lack of Awareness & Availability

6 Industry Insights

6.1 Reimbursement Scenario in the US
6.2 Telehealth-Based Clinical Trials Using Home Health Hubs
6.3 Case Studies: Home Health Hub
6.3.1 the Christus Health Care Transition Program
6.3.2 House Calls Telehealth Program
6.3.3 Health System With A Personal Touch Program

7 Home Health Hubs Market, By Product & Service

7.1 Introduction
7.2 Standalone Hubs
7.3 Smartphone-Based Hubs
7.4 Services
7.4.1 Remote Patient Monitoring Services
7.4.2 Support & Maintenance Services

8 Home Health Hubs Market, By Type of Patient Monitoring

8.1 Introduction
8.2 High-Acuity Patient Monitoring
8.3 Moderate-Acuity Patient Monitoring
8.4 Low-Acuity Patient Monitoring

9 Home Health Hubs Market, By End User

9.1 Introduction
9.2 Hospitals
9.3 Healthcare Payers
9.4 Home Care Agencies
9.5 Nursing Homes & Assisted Living Facilities

10 Home Health Hubs Market, By Region

10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 Rest of Europe (RoE)
10.4 Asia Pacific
10.5 Latin America
10.6 Middle East & Africa

11 Competitive Landscape

11.1 Overview
11.2 Market Ranking Analysis, 2017
11.3 Competitive Scenario
11.3.1 Agreements, Collaborations & Partnerships
11.3.2 Product Launches and Enhancements
11.3.3 Acquisitions

12 Company Profiles

12.1 Qualcomm Incorporated
12.2 Lamprey Networks
12.3 Vivify Health, Inc.
12.4 iHealth Lab
12.5 AMC Health
12.6 Honeywell International
12.7 IDEAL LIFE Inc.
12.8 Hicare (Subsidiary of Insung Information Co. Ltd)
12.9 MedM Inc
12.10 OnKöl

13 Appendix

13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables:

Table 1 Impact Analysis: Market Drivers
Table 2 Impact Analysis: Market Restraints
Table 3 Impact Analysis: Market Opportunities
Table 4 Impact Analysis: Market Challenges
Table 5 Home Health Hubs Market, By Product & Service, 2016–2023 (USD Million)
Table 6 Major Standalone Home Health Hubs in the Market
Table 7 Standalone Home Health Gateway Market, By Country/Region, 2016–2023 (USD Million)
Table 8 Major Smartphone-Based Hubs in the Market
Table 9 Smartphone-Based Home Health Hubs Market, By Country/Region, 2016–2023 (USD Million)
Table 10 Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 11 Home Health Hub Services Market, By Country/Region, 2016–2023 (USD Million)
Table 12 Remote Patient Monitoring Services Market, By Country, 2016–2023 (USD Million)
Table 13 Support & Maintenance Services Market, By Country/Region, 2016–2023 (USD Million)
Table 14 Home Health Hubs Market, By Type of Monitoring, 2016–2023 (USD Million)
Table 15 Home Health Hub Market for High-Acuity Patient Monitoring, By Country/Region, 2016–2023 (USD Million)
Table 16 Home Health Gateway Market for Moderate-Acuity Patient Monitoring, By Country/Region, 2016–2023 (USD Million)
Table 17 Home Health Hub Market for Low-Acuity Patient Monitoring, By Country/Region, 2016–2023 (USD Million)
Table 18 Home Health Hubs Market, By End User, 2016–2023 (USD Million)
Table 19 Home Health Gateway Market for Hospitals, By Country, 2016–2023 (USD Million)
Table 20 Home Health Hubs Market for Healthcare Payers, By Country, 2016–2023 (USD Million)
Table 21 Home Health Hub Market for Home Care Agencies, By Country/Region, 2016–2023 (USD Million)
Table 22 Home Health Gateway Market for Nursing Homes & Assisted Living Facilities, By Country/Region, 2016–2023 (USD Million)
Table 23 Home Health Hub Market, By Region, 2016–2023 (USD Million)
Table 24 North America: Home Health Hub Market, By Country, 2016–2023 (USD Million)
Table 25 North America: Home Health Hubs Market, By Product & Service, 2016–2023 (USD Million)
Table 26 North America: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 27 North America: Home Health Gateway Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 28 North America: Home Health Hubs Market, By End User, 2016–2023 (USD Million)
Table 29 US: Key Macroindicators
Table 30 US: Home Health Hub Market, By Product & Service, 2016–2023 (USD Million)
Table 31 US: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 32 US: Home Health Hubs Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 33 US: Home Health Gateway Market, By End User, 2016–2023 (USD Million)
Table 34 Canada: Key Macroindicators
Table 35 Canada: Home Health Hubs Market, By Product & Service, 2016–2023 (USD Million)
Table 36 Canada: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 37 Canada: Home Health Gateway Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 38 Canada: Home Health Hubs Market, By End User, 2016–2023 (USD Million)
Table 39 Europe: Home Health Hub Market, By Country, 2016–2023 (USD Million)
Table 40 Europe: Home Health Gateway Market, By Product & Service, 2016–2023 (USD Million)
Table 41 Europe: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 42 Europe: Home Health Hubs Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 43 Europe: Home Health Gateway Market, By End User, 2016–2023 (USD Million)
Table 44 UK: Key Macroindicators
Table 45 UK: Home Health Hub Market, By Product & Service, 2016–2023 (USD Million)
Table 46 UK: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 47 UK: Home Health Hubs Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 48 UK: Home Health Gateway Market, By End User, 2016–2023 (USD Million)
Table 49 Germany: Key Macroindicators
Table 50 Germany: Home Health Hub Market, By Product & Service, 2016–2023 (USD Million)
Table 51 Germany: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 52 Germany: Home Health Hubs Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 53 Germany: Home Health Gateway Market, By End User, 2016–2023 (USD Million)
Table 54 RoE: Home Health Hub Market, By Product & Service, 2016–2023 (USD Million)
Table 55 RoE: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 56 RoE: Home Health Hubs Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 57 RoE: Home Health Gateway Market, By End User, 2016–2023 (USD Million)
Table 58 APAC: Home Health Hub Market, By Product & Service, 2016–2023 (USD Million)
Table 59 APAC: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 60 APAC: Home Health Hubs Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 61 APAC: Home Health Gateway Market, By End User, 2016–2023 (USD Million)
Table 62 Latin America: Home Health Hub Market, By Product & Service, 2016–2023 (USD Million)
Table 63 Latin America: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 64 Latin America: Home Health Hubs Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 65 Latin America: Home Health Gateway Market, By End User, 2016–2023 (USD Million)
Table 66 Middle East & Africa: Home Health Hub Market, By Product & Service, 2016–2023 (USD Million)
Table 67 Middle East & Africa: Home Health Hub Services Market, By Type, 2016–2023 (USD Million)
Table 68 Middle East & Africa: Home Health Hubs Market, By Type of Patient Monitoring, 2016–2023 (USD Million)
Table 69 Middle East & Africa: Home Health Gateway Market, By End User, 2016–2023 (USD Million)
Table 70 Growth Strategy Matrix (2014–2018)
Table 71 Home Health Hubs Market Ranking, By Key Player, 2017
Table 72 Agreements, Collaborations & Partnerships, 2014–2018
Table 73 Product Launches & Enhancements, 2014–2018
Table 74 Acquisitions, 2014–2018

List of Figures:

Figure 1 Home Health Hub Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Home Health Hubs Market, By Product and Service, 2018 vs 2023 (USD Million)
Figure 8 Home Health Hub Services Market, By Type, 2018 vs 2023 (USD Million)
Figure 9 Home Health Hubs Market, By Type of Patient Monitoring, 2018 vs 2023 (USD Million)
Figure 10 Home Health Gateway Market, By End User, 2018 vs 2023 (USD Million)
Figure 11 North America Dominated the Home Health Hub Market in 2017
Figure 12 Rising Geriatric Population & Subsequent Increase in the Prevalence of Chronic Diseases to Drive the Market for Home Health Hubs During the Forecast Period
Figure 13 Hospitals Accounted for the Largest Share of the Home Health Hubs Market in 2017
Figure 14 Asia Pacific to Register the Highest Growth Rate During the Forecast Period
Figure 15 US Commanded the Largest Share of the Home Health Hub Market in 2017
Figure 16 Home Health Hubs Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Aging Population Statistics, Global & US
Figure 18 Medical Data Transfer Through Home Health Hubs
Figure 19 Smartphone-Based Hubs to Dominate the Home Health Hub Market During the Forecast Period
Figure 20 Global Smartphone Adoption, 2017 vs 2025
Figure 21 High-Acuity Patient Monitoring to Dominate the Home Health Hubs Market During the Forecast Period
Figure 22 Hospitals to Dominate the Home Health Hubs Market During the Forecast Period
Figure 23 Home Health Gateway Market, By Region, 2018 vs 2023 (USD Million)
Figure 24 Home Health Hubs Market: Geographic Snapshot
Figure 25 North America: Home Health Gateway Market Snapshot
Figure 26 Europe: Home Health Gateway Market Snapshot
Figure 27 APAC: Mobile Subscriber Penetration
Figure 28 APAC: Home Health Hubs Market Snapshot
Figure 29 Key Developments in the Home Health Hubs Market Between January 2014 and March 2018
Figure 30 Qualcomm Incorporated: Company Snapshot (2017)
Figure 31 Honeywell: Company Snapshot (2017)

Companies Mentioned

Qualcomm Incorporated
Lamprey Networks
Vivify Health, Inc.
iHealth Lab
AMC Health
Honeywell International
IDEAL LIFE Inc.
Hicare (Subsidiary of Insung Information Co. Ltd)
MedM Inc
OnKöl

Table Information

Report Attribute	Details
No. of Pages	123
Published	May 2018
Forecast Period	2018 - 2023
Estimated Market Value ( USD ) in 2018	$ 218.5 million
Forecasted Market Value ( USD ) by 2023	$ 848.2 million
Compound Annual Growth Rate	31.2%
Regions Covered	Global
No. of Companies Mentioned	10

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€4927EUR$4,950USD£4,086GBP
1 - 5 USER LICENSE PDF	The product is a PDF.	This is a 1-5 user license, allowing up to five users have access to the product.	€6619EUR$6,650USD£5,489GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€8112EUR$8,150USD£6,727GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€9953EUR$10,000USD£8,254GBP

Home Health Hub Market by Product & Service (Standalone Hub, Mobile Hub, Remote Patient Monitoring Service), Type of Patient Monitoring (High, Moderate, and Low Acuity), End User (Hospital, Payers, Home Care Agency) - Global Forecast to 2023

Table of Contents

Companies Mentioned

Table Information

Table of Contents

Companies Mentioned

Table Information

Related Topics

Related Reports

Home Health Hub - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029

Home Health Hubs - Global Strategic Business Report

Home Health Hub Market - Forecasts from 2024 to 2029

Remote Patient Monitoring Market Outlook Report: Industry Size, Market Shares Data, Latest Trends, Insights, Growth Potential, CAGR Forecasts to 2034

Multi-Parameter Patient Monitoring - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029