DUBLIN–(BUSINESS WIRE)–The “Dwelling Well being Hubs – International Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.
International Dwelling Well being Hubs Market to Attain US$3 Billion by the Yr 2027
Amid the COVID-19 disaster, the worldwide marketplace for Dwelling Well being Hubs estimated at US$357.4 Million within the 12 months 2020, is projected to succeed in a revised measurement of US$3 Billion by 2027, rising at a CAGR of 35.8% over the evaluation interval 2020-2027.
Standalone Hub, one of many segments analyzed within the report, is projected to develop at a 33.9% CAGR to succeed in US$1.2 Billion by the top of the evaluation interval.
After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Cellular Hub phase is readjusted to a revised 39.7% CAGR for the following 7-year interval. This phase presently accounts for a 22.5% share of the worldwide Dwelling Well being Hubs market.
The U.S. Accounts for Over 49.4% of International Market Measurement in 2020, Whereas China is Forecast to Develop at a 42.8% CAGR for the Interval of 2020-2027
The Dwelling Well being Hubs market within the U.S. is estimated at US$176.7 Million within the 12 months 2020. The nation presently accounts for a 49.43% share within the international market. China, the world second largest financial system, is forecast to succeed in an estimated market measurement of US$285.9 Million within the 12 months 2027 trailing a CAGR of 42.8% by means of 2027.
Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 30.3% and 34.7% respectively over the 2020-2027 interval. Inside Europe, Germany is forecast to develop at roughly 31.4% CAGR whereas Remainder of European market (as outlined within the research) will attain US$285.9 Million by the 12 months 2027.
Companies Section Corners a 35.5% Share in 2020
Within the international Companies phase, USA, Canada, Japan, China and Europe will drive the 35.7% CAGR estimated for this phase. These regional markets accounting for a mixed market measurement of US$107.8 Million within the 12 months 2020 will attain a projected measurement of US$914 Million by the shut of the evaluation interval.
China will stay among the many quickest rising on this cluster of regional markets. Led by nations equivalent to Australia, India, and South Korea, the market in Asia-Pacific is forecast to succeed in US$212.4 Million by the 12 months 2027, whereas Latin America will broaden at a 30.7% CAGR by means of the evaluation interval.
Key Subjects Lined:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- An Introduction to Dwelling Well being Hub
- Affect of Covid-19 and a Looming International Recession
- The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, The place is the World Financial system Headed in 2021?
- How the Healthcare Business Has & Continues to be Impacted by the Pandemic & What is the New Regular?
- The Pandemic Triggers Shift in Shopper Behaviour & Engagement With Healthcare Applied sciences & Companies
- Healthcare Business Pushed to Undertake Digital Applied sciences & Innovate to Save Lives Amid the Disaster
- Properties Develop into Wellness Centres
- Affect of COVID-19 on Dwelling Well being Hub
- Shift Pushed by New Care Settings
- Shift Pushed by Superior Know-how
- Shift to Evolve New Hospital Settings
- The Journey from Sensible Dwelling to Dwelling Well being Hub
- Sensible Shows for Monitoring Sleep
- Dwelling Well being Hub: Present Market State of affairs and Outlook
- Whereas Developed Areas Stay Major Income Contributors, Creating Areas Emerge as Scorching Spots for Future Progress
- Standalone Hubs Constitutes the Largest Product Section
- Vibrant Prospects Forward for Cellular Hubs
- Excessive-Acuity Affected person Monitoring Steers Dwelling Well being Hub Deployments
- Hospitals: Largest Finish-Use Market
- Healthcare Hubs within the Publish-Covid Period
- Shifting Care into Properties Leads to Higher Symptom Enchancment for COVID-19 Sufferers
- Coronavirus Pandemic Poses Challenges for Dwelling Healthcare Staff
- Telehealth Holds Potential to Provide Vital Advantages
- Teleworking Spurs Dwelling Health Pattern
- Latest Market Exercise
- Latest Initiatives within the Dwelling Well being Hub Market House
- 2021: Google Provides Sleep Monitoring Function to Nest Hub
- 2020: Elsevier Introduces Covid-19 Healthcare Hub
- 2020: Omcare Launches Dwelling Well being Hub
- 2021: Dwelling Well being Hub of CVS Well being
- 2018: The Durham Faculty AI Hub Companions with iCare Dwelling Well being for Advancing Dwelling Care
2. FOCUS ON SELECT PLAYERS
- AMC Well being
- Cambridge Consultants
- Capsule Applied sciences, Inc.
- Cisco Methods, Inc.
- Embody Well being Corp.
- Honeywell Worldwide Inc.
- Preferrred Life, Inc.
- Lamprey Networks
- MedM, Inc.
- MyVitalzT, LLC
- Philips Healthcare
- Resideo Life Care Options
- Vivify Well being, Inc.
3. MARKET TRENDS & DRIVERS
- Dwelling Well being Hubs and Sensible Properties Facilitate Continued Care Co-ordination between Major Healthcare Methods and ACSs (2020)
- Elevated Emphasis on Distant Affected person Monitoring Creates Fertile Surroundings for Progress of Dwelling Well being Hub Market
- Rise of Healthcare IOT Additional Augments Distant Affected person Monitoring
- Distant Affected person Monitoring Seeks Function in Healthcare Massive Information Packages
- Affected person Non-Adherence to Prescribed Treatment Promotes Market Progress
- Scarcity of Healthcare Professionals & Have to Scale back Healthcare Prices Places Highlight on Dwelling Well being Hubs
- Quickly Evolving Function of Dwelling Telehealth Instigates Broad-based Alternatives
- Introduction of Subtle Healthcare IT Instruments Pave Manner for Wider Use
- Rising Lenience in direction of Worth-Primarily based, Affected person-Centric Care and Outcomes Augurs Properly
- Excessive Tech Sensors & Wearable Med Tech Improvements Amplify Capabilities of Dwelling Well being Hub
- Concentrate on Decreasing Hospital Readmissions Gives Impetus to Dwelling Well being Hub Options
- Sensible Properties as Portals for Healthcare Supply Assist Develop the Addressable Alternative for Dwelling Well being Hub Merchandise & Companies
- Dwelling Well being Hub: A Boon for Motionless Sufferers
- Rising Inhabitants of Aged Folks and their Vulnerability to Power Ailments: Sturdy Enterprise Case
- Increasing Center Class Inhabitants Helps Progress in Creating Areas
- Web Connectivity and Increasing Penetration Fee Influences Demand for Dwelling Well being Hubs
- Points & Challenges
- Safety & Privateness Considerations
- Lack of Consciousness & Availability
- Reimbursement Points within the US
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
- Complete Firms Profiled: 53
For extra details about this report go to https://www.researchandmarkets.com/r/ssxoib