Home Health Hub Market to Reach US$ 2,008.30 Mn at a CAGR of 30.1% in 2027 | The Insight Partners
The Home Health Hubs in healthcare market was valued at US$ 188.73 million in 2018 and it is projected to reach US$ 2,008.30 million by 2027; it is expected to grow at a CAGR of 30.1% from 2019 to 2027.
Home health hub is a software platform that connects the health caregiver and patient through the patient's electronic devices and proactively organizes, cares & manages chronic diseases for better outcomes. Significant developments such as advanced connected home and mobile technologies are increasing efficiency and automation capabilities of data collection from patients. This helps to improve hospital and patient connectivity, thereby improving healthcare delivery and quality of care. The growth of the Home Health Hubs in healthcare market is attributed to the increasing demand for home monitoring devices and better health outcomes and reduced costs. However, the growth of market is likely to experience restrain due to cyber threat and rise in data security.
The Home Health Hubs in healthcare market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years.
Market Insights
Growing Applications of Home Health Hubs in Healthcare to Drive Home Health Hubs in Healthcare Market Growth
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Home health hubs are a developing zone of the home health technology market, which is also known as home health gateways. The two major components included in home health hubs are standalone devices, and monitoring & maintenance services, which include mobile devices such as smartphone or tablet, and wearable devices such as smart watches. These devices and services use wireless technology to collect information from disparate sources from connected home medical monitoring equipment and standalone health and wellness devices. Home medical monitoring programs are intended to help patients with re-hospitalization or frequent emergency room (ER) visits to receive treatments at home. The aim of home health hub is to reduce hospital trips and length of stays in hospitals. A home health hub comprises a wide range of health data of a patient from the point of care that includes vital signs, weight, heart rates, blood sugar, blood oxygen levels, blood pressure, and electrocardiograms. The data can be transmitted to skilled health professionals in facilities such as hospitals and intensive care units, skilled nursing facilities, centralized off-site case management programs and monitoring centers. The patients monitored remotely by professionals are provided with a treatment plan based on the health data information. Many companies are focusing on developing innovative products. For instance, in January 2014, iHealth Lab Inc., launched three new wearable mobile personal health products—ambulatory blood pressure monitor (ABPM), wearable pulse oximeter, and wireless ambulatory electrocardiogram (ECG). Therefore, owing to the abovementioned factors, the demand for home health hubs is significantly increasing during the forecast period.
The healthcare industry increasingly becomes more advanced and digital through the increasing adoption of telehealth solutions & applications. Telehealth has the potential to aim the quality of care for improving the health of populations and also helps to reduce the per capita cost of care. Increasing investments in telehealth and telemedicine help to reduce the healthcare system costs. Moreover, these technologies enable to use of telecommunication techniques from health services research to bring about change in the health insurance and hospital industries. Self-care medical devices such as blood pressure and blood glucose monitoring kits, and telemetry monitoring for heart conditions, wearable devices also play a vital role in home healthcare. Moreover, ehealth and mhealth services also play a dynamic role in decreasing overall healthcare spending. For instance, remote analysis services and remote or mhealth technologies enable highly trained professionals to work as pooled resources and contribute to lower cost, in turn of higher quality care.
Moreover, the EU mHealth Hub Project is created to support the innovations and upsurge the usage of mobile health apps by assembling the stakeholders such as governments, start-up companies, young entrepreneurs, and technical officers. The program includes the development of more practice of smartphones to collect and share the operating mHealth projects to the other countries within national health systems. It is a collaboration between ITU and WHO, which was released on 7th August 2017. The project is funded by The European Commission Horizon-2020 2016-2017 Work Program. Thus, the mHealth and Telehealth is expected to play a dynamic role in decreasing overall healthcare spending that will likely to add novel opportunities for the home health hubs market in the forecast period.
Product & Services -Based Insights
In terms of product & services, the Home Health Hubs in healthcare market is segmented into smartphone based, standalone, and services. In 2018, the standalone hub segment held the largest share of the market. Moreover, smartphone-based hubs segment is expected to register the highest CAGR of 30.7% in the market during the forecast period.
Type of Patient Monitoring -Based Insights
Based on type of patient monitoring, the Home Health Hubs in healthcare market is segmented into high acuity patient monitoring, moderate acuity patient monitoring, low acuity patient monitoring. In 2018, the high-acuity patient monitoring segment held the largest share of the market. Moreover, moderate-acuity patient monitoring segment is expected to register the highest CAGR of 30.6% in the market during the forecast period.
End User-Based Insights
In terms of end user, the Home Health Hubs in healthcare market is segmented into hospitals, healthcare payers and home care agencies. In 2018, the hospital segment held the largest share of the market. Moreover, it is expected to register the highest CAGR of 30.5% in the market during the forecast period.
The Home Health Hubs in healthcare market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.
Home Health Hub Market Report Scope
Home Health Hubs in Healthcare Market – by Product & Services
- Smartphone-Based
- Standalone
- Services
Home Health Hubs in Healthcare Market – by Type of Patient Monitoring
- High-Acuity Patient Monitoring,
- Moderate-Acuity Patient Monitoring
- Low-Acuity Patient Monitoring
Home Health Hubs in Healthcare Market – by End User
- Hospitals
- Healthcare Payers
- Home Care Agencies
Home Health Hubs in Healthcare Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
Company Profiles
- OnKöl, INSUNG INFORMATION CO,LTD.
- IDEAL LIFE INC.
- iHealth Labs Inc.
- Honeywell International Inc.
- Vivify Health, Inc.
- Capsule Technologies Inc. (QUALCOMM LIFE, INC.)
- MedM
- SENSATO CYBERSECURITY SOLUTIONS
- CISCO SYSTEMS, INC
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Prices of home health hub varies from USD 20 (small home hub that work with any connected health device such as blood pressure, weight scales, etc.) to USD 150.
The rising preference for home monitoring devices, increasing remotely monitored patients by professionals with a treatment plan based on the health data information is expected to propel the growth of the home health hubs market. Moreover, Better health outcomes by advanced home health hubs at reduced costs is anticipated to drive the global market.
Home health hubs are also called home health gateways is a software platform that connects the health caregiver and patient through the patient's electronic devices and proactively organizes, cares & manages chronic diseases for better outcomes. Significant developments such as advanced connected home and mobile technologies are increasing efficiency and automation capabilities of data collection from patients. This helps to improve hospital and patient connectivity, thereby improving healthcare delivery and quality of care.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Home Health Hubs Market – By Product & Services
1.3.2 Global Home Health Hubs Market – By Type Of Patient Monitoring
1.3.3 Global Home Health Hubs Market – By End User
1.3.4 Global Home Health Hubs Market – By Geography
2. Home Health Hubs Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Home Health Hubs– Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South and Central America PEST Analysis
4.3 Expert Opinion
5. Global Home Health Hubs Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Preference For Home Monitoring Devices
5.1.2 Better Health Outcomes and Reduced Costs
5.2 Key Market Restraints
5.2.1 Increasing Cyber Threats and Data Security Issues
5.3 Key Market Opportunities
5.3.1 Growing Use of Smartphones
5.4 Future Trends
5.4.1 Remote Monitoring Would Soon Eliminate Patients’ Routine Visits to Hospitals
5.5 Impact Analysis
6. Home Health Hubs Market – Global Analysis
6.1 Global Home Health Hubs Market Revenue Forecasts And Analysis
6.2 Global Home Health Hubs Market, By Geography - Forecasts And Analysis
6.3 Positioning of Key Players
6.3.1 Honeywell International Inc.
6.3.2 QUALCOMM LIFE, INC.
7. Home Health Hub Market Analysis And Forecasts To 2027 – Product & Services
7.1 Overview
7.2 Global Home Health Hub Market Share By Product & Services 2018 & 2027 (%)
7.3 Smartphone-Based Hub
7.3.1 Overview
7.3.2 Global Smartphone-Based Hub Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Standalone Hubs
7.4.1 Overview
7.4.2 Global Standalone Hubs Market Revenue and Forecast to 2027 (US$ Mn)
7.5 Services
7.5.1 Overview
7.5.2 Global Services Market Revenue and Forecast to 2027 (US$ Mn)
7.5.3 Remote Patient Monitoring Services
7.5.3.1 Overview
7.5.3.2 Remote Patient Monitoring Services Market Revenue and Forecasts to 2027 (US$ Mn)
7.5.4 Support & Maintenance Services
7.5.4.1 Overview
7.5.4.2 Support & Maintenance Services Market Revenue and Forecasts to 2027 (US$ Mn)
8. Home Health Hub Market Analysis And Forecasts To 2027 – Type of Patient Monitoring
8.1 Overview
8.2 Global Home Health Hub Market Share By Type of Patient Monitoring 2018 & 2027 (%)
8.3 High-Acuity Patient Monitoring
8.3.1 Overview
8.3.2 Global High-Acuity Patient Monitoring Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Moderate-Acuity Patient Monitoring
8.4.1 Overview
8.4.2 Global Moderate-Acuity Patient Monitoring, Market Revenue and Forecast to 2027 (US$ Mn)
8.5 Low-Acuity Patient Monitoring
8.5.1 Overview
8.5.2 Global Low-Acuity Patient Monitoring Market Revenue and Forecast to 2027 (US$ Mn)
9. Home Health Hub Market Analysis And Forecasts To 2027 – End User
9.1 Overview
9.2 Global Home Health Hub Market Share By End User 2018 & 2027 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Global Hospitals Market Revenue and Forecast to 2027 (US$ Mn)
9.4 Healthcare Payers
9.4.1 Overview
9.4.2 Global Healthcare Payers, Market Revenue and Forecast to 2027 (US$ Mn)
9.5 Home Care Agencies
9.5.1 Overview
9.5.2 Global Home Care Agencies Market Revenue and Forecast to 2027 (US$ Mn)
10. Home Health Hubs Market Revenue And Forecasts To 2027 – Geographical Analysis
10.1 North America Home Health Hubs Market Revenue and Forecasts To 2027
10.1.1 Overview
10.1.2 North America Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.3 North America Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.1.3.1 North America Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.1.4 North America Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.1.5 North America Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.1.6 North America Home Health Hubs Market Revenue and Forecasts to 2027, By Country (%)
10.1.7 US Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.7.1 US Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.7.2 US Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.1.7.2.1 US Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.1.7.3 US Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.1.7.4 US Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.1.8 Canada Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.8.1 Canada Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.8.2 Canada Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.1.8.2.1 Canada Services Market Revenue and Forecasts to 2027, By type (US$ Mn)
10.1.8.3 Canada Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.1.8.4 Canada Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.1.9 Mexico Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.9.1 Mexico Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.9.2 Mexico Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.1.9.2.1 Mexico Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.1.9.3 Mexico Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.1.9.4 Mexico Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.2 Europe Home Health Hubs Market Revenue and Forecasts To 2027
10.2.1 Overview
10.2.2 Europe Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.3 Europe Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.2.3.1 Europe Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.2.4 Europe Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.2.5 Europe Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.2.6 Europe Home Health Hubs Market Revenue and Forecasts to 2027, By Country (%)
10.2.7 Germany Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.7.1 Germany Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.7.2 Germany Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.2.7.2.1 Germany Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.2.7.3 Germany Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.2.7.4 Germany Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.2.8 UK Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.8.1 UK Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.8.2 UK Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.2.8.2.1 UK Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.2.8.3 UK Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.2.8.4 UK Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.2.9 France Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.9.1 France Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.9.2 France Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.2.9.2.1 France Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.2.9.3 France Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.2.9.4 France Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.2.10 Spain Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.10.1 Spain Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.10.2 Spain Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.2.10.2.1 Spain Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.2.10.3 Spain Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.2.10.4 Spain Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.2.11 Italy Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.11.1 Italy Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.11.2 Italy Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.2.11.2.1 Italy Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.2.11.3 Italy Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.2.11.4 Italy Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.3 Asia Pacific Home Health Hubs Market Revenue And Forecasts To 2027
10.3.1 Overview
10.3.2 Asia Pacific Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.3.3 Asia Pacific Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.3.3.1 Asia Pacific Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.3.4 Asia Pacific Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.3.5 Asia Pacific Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.3.6 Asia Pacific Home Health Hubs Market Revenue and Forecasts to 2027, By Country (%)
10.3.7 China Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.3.7.1 China Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.7.2 China Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.3.7.2.1 China Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.3.7.3 China Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.3.7.4 China Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.3.8 Japan Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.3.8.1 Japan Home health hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.8.2 Japan Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.3.8.2.1 Japan Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.3.8.3 Japan Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.3.8.4 Japan Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.3.9 India Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.3.9.1 India Home health hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.9.2 India Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.3.9.2.1 India Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.3.9.3 India Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.3.9.4 India Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.3.10 South Korea Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.10.1 South Korea Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.10.2 South Korea Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.3.10.2.1 South Korea Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.3.10.3 South Korea Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.3.10.4 South Korea Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.3.11 Australia Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.11.1 Australia Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.11.2 Australia Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.3.11.2.1 Australia Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.3.11.3 Australia Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.3.11.4 Australia Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.4 Middle East & Africa Home Health Hubs Market Revenue And Forecasts To 2027
10.4.1 Overview
10.4.2 Middle East & Africa Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.4.3 Middle East & Africa Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.4.3.1 Middle East & Africa Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.4.4 Middle East & Africa Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.4.5 Middle East & Africa Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.4.6 Middle East & Africa Home Health Hubs Market Revenue And Forecasts To 2027, By Country (%)
10.4.7 UAE Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.4.7.1 UAE Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.4.7.2 UAE Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.4.7.2.1 UAE Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.4.7.3 UAE Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.4.7.4 UAE Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.4.8 Saudi Arabia Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.4.8.1 Saudi Arabia Home health hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.4.8.2 Saudi Arabia Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.4.8.2.1 Saudi Arabia Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.4.8.3 Saudi Arabia Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.4.8.4 Saudi Arabia Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.4.9 South Africa Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.4.9.1 South Africa Home health hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.4.9.2 South Africa Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.4.9.2.1 South Africa Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.4.9.3 South Africa Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.4.9.4 South Africa Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.5 South And Central America Home Health Hubs Market Revenue And Forecasts To 2027
10.5.1 Overview
10.5.2 South And Central America Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.5.3 South And Central America Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.5.3.1 South And Central America Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.5.4 South And Central America Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.5.5 South And Central America Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.5.6 South And Central America Home Health Hubs Market Revenue And Forecasts To 2027, By Country (%)
10.5.7 Brazil Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.5.7.1 Brazil Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.5.7.2 Brazil Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.5.7.2.1 Brazil Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.5.7.3 Brazil Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.5.7.4 Brazil Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
10.5.8 Argentina Home Health Hubs Market Revenue And Forecasts To 2027 (US$ Mn)
10.5.8.1 Argentina Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
10.5.8.2 Argentina Home Health Hubs Market Revenue and Forecasts to 2027, By Product & Services (US$ Mn)
10.5.8.2.1 Argentina Services Market Revenue and Forecasts to 2027, By Type (US$ Mn)
10.5.8.3 Argentina Home Health Hubs Market Revenue and Forecasts to 2027, By Type of Patient Monitoring (US$ Mn)
10.5.8.4 Argentina Home Health Hubs Market Revenue and Forecasts to 2027, By End User (US$ Mn)
11. Home Health Hubs Market– Industry Landscape
11.1 Overview
11.2 Growth Strategies In The Home Health Hub Market, 2017-2019
11.3 Organic Growth Strategies
11.3.1 Overview
11.3.1.1 Recent Organic Developments By Players In The home health hub Market
11.4 Inorganic Growth Strategies
11.4.1 Overview
11.4.2 Recent Developments By Players In The Home Health Hub Market
12. Home Health Hub Market– Key Company Profiles
12.1 OnKöl
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 Product Portfolio
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 INSUNG INFORMATION CO, LTD.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 Service/Software Portfolio
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 IDEAL LIFE INC.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 Solution Portfolio
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 iHealth Labs Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 Product Portfolio
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 Product Portfolio
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Vivify Health, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 Products Portfolio
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Capsule Technologies Inc. (Formally: QUALCOMM LIFE, INC.)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Information
12.7.4 Product Portfolio
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 MedM
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Information
12.8.4 Product Portfolio
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 SENSATO CYBERSECURITY SOLUTIONS
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Information
12.9.4 Product Portfolio
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Cisco Systems, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 Product Portfolio
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 2. North America Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 3. North America Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 4. North America Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 5. US Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 6. US Home Health Hubs Market Revenue and Forecasts To 2027, By Services (US$ Mn)
Table 7. US Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 8. US Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 9. Canada Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 10. Canada Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 11. Canada Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 12. Canada Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 13. Mexico Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 14. Mexico Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 15. Mexico Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 16. Mexico Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 17. Europe Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 18. Europe Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 19. Europe Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 20. Europe Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 21. Germany Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 22. Germany Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 23. Germany Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 24. Germany Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 25. UK Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 26. UK Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 27. UK Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 28. UK Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 29. France Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 30. France Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 31. France Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 32. France Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 33. Spain Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 34. Spain Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 35. Spain Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 36. Spain Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 37. Italy Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 38. Italy Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 39. Italy Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 40. Italy Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 41. Asia Pacific Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 42. Asia Pacific Services Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 43. Asia Pacific Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 44. Asia Pacific Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 45. China Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 46. China Services Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 47. China Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 48. China Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 49. Japan Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 50. Japan Services Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 51. Japan Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 52. Japan Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 53. India Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 54. India Services Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 55. India Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 56. India Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 57. South Korea Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 58. South Korea Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 59. South Korea Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 60. South Korea Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 61. Usage of Health Apps and Wearable Devices in Australia
Table 62. Australia Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 63. Australia Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 64. Australia Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 65. Australia Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 66. Middle East & Africa Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 67. Middle East & Africa Services Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 68. Middle East & Africa Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 69. Middle East & Africa Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 70. UAE Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 71. UAE Services Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 72. UAE Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 73. UAE Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 74. Saudi Arabia Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 75. Saudi Arabia Services Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 76. Saudi Arabia Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 77. Saudi Arabia Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 78. South Africa Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 79. South Africa Services Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 80. South Africa Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 81. South Africa Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 82. South And Central America Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 83. South And Central America Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 84. South And Central America Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 85. South And Central America Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 86. Brazil Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 87. Brazil Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 88. Brazil Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 89. Brazil Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 90. Argentina Home Health Hubs Market Revenue and Forecasts To 2027, By Product & Services (US$ Mn)
Table 91. Argentina Home Health Hubs Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 92. Argentina Home Health Hubs Market Revenue and Forecasts To 2027, By Type of Patient Monitoring (US$ Mn)
Table 93. Argentina Home Health Hubs Market Revenue and Forecasts To 2027, By End User (US$ Mn)
Table 94. Recent Organic Developments in the home health hub Market
Table 95. Recent Developments In The Home Health Hub Market
Table 96. Glossary of Terms, Home Health Hub Market
LIST OF FIGURES
Figure 1. Home Health Hubs Market Segmentation
Figure 2. Home Health Hubs Segmentation, By Region
Figure 3. Global Home Health Hubs Market Overview
Figure 4. Standalone Hubs Segment Held Largest Share Of Product Segment In Home Health Hubs Market
Figure 5. Asia Pacific Region Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Global Home Health Hubs Market, Industry Landscape
Figure 7. Global Home Health Hubs Market, By Geography (US$ Mn)
Figure 8. Global Home Health Hubs Market- Leading Country Markets (US$ Mn)
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. APAC PEST Analysis
Figure 12. Middle East & Africa PEST Analysis
Figure 13. South and Central America PEST Analysis
Figure 14. Home Health Hubs Market Impact Analysis of Driver and Restraints
Figure 15. Global Home Health Hubs Market – Revenue Forecasts And Analysis – 2018- 2027
Figure 16. Global Home Health Hubs Market – By Geography Forecasts And Analysis – 2018- 2027
Figure 17. Market Positioning Of Key Player In Global Home Health Hubs Market
Figure 18. Global Home Health Hub Market Share By Product & Services 2018 & 2027 (%)
Figure 19. Global Smartphone-Based Hub Market Revenue and Forecast To 2027 (US$ Mn)
Figure 20. Global Standalone Hubs Market Revenue And Forecast To 2027 (US$ Mn)
Figure 21. Global Services Market Revenue and Forecast To 2027 (US$ Mn)
Figure 22. Remote Patient Monitoring Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Support & Maintenance Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Global Home Health Hub Market Share By Type of Patient Monitoring 2018 & 2027 (%)
Figure 25. Global High-Acuity Patient Monitoring Market Revenue And Forecast To 2027 (US$ Mn)
Figure 26. Global Moderate-Acuity Patient Monitoring, Market Revenue And Forecast To 2027 (US$ Mn)
Figure 27. Global Low-Acuity Patient Monitoring Market Revenue And Forecast To 2027 (US$ Mn)
Figure 28. Global Home Health Hub Market Share By End User 2018 & 2027 (%)
Figure 29. Global Hospitals Market Revenue And Forecast To 2027 (US$ Mn)
Figure 30. Global Moderate-Acuity Patient Monitoring, Market Revenue And Forecast To 2027 (US$ Mn)
Figure 31. Global Home Care Agencies Market Revenue And Forecast To 2027 (US$ Mn)
Figure 32. North America Home Health Hubs Market Revenue Overview, By Country (2018) (US$ Mn)
Figure 33. North America Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 34. North America Home Health Hubs Market Revenue and Forecasts to 2027, By Country (%)
Figure 35. US Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 36. Canada Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 37. Mexico Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 38. Europe Home Health Hubs Market Revenue Overview, By Country (2018) (US$ Mn)
Figure 39. Europe Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 40. Europe Home Health Hubs Market Revenue and Forecasts to 2027, By Country (%)
Figure 41. Germany Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 42. UK Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 43. France Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 44. Spain Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 45. Italy Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 46. Asia Pacific Home Health Hubs Market Revenue Overview, By Country (2018) (US$ Mn)
Figure 47. Asia Pacific Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 48. Asia Pacific Home Health Hubs Market Revenue and Forecasts to 2027, By Country (%)
Figure 49. China Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 50. Japan Home health hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 51. India Home health hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 52. South Korea Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 53. Australia Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 54. Middle East & Africa Home health hubs Market Revenue Overview, By Country (2018) (US$ Mn)
Figure 55. Middle East & Africa Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 56. Middle East & Africa Home health hubs Market Revenue and Forecasts to 2027, By Country (%)
Figure 57. UAE Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 58. Saudi Arabia Home health hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 59. South Africa Home health hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 60. South and Central America Home Health Hubs Market Revenue Overview, By Country (2018) (US$ Mn)
Figure 61. South and Central America Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 62. South and Central America Home Health Hubs Market Revenue and Forecasts to 2027, By Country (%)
Figure 63. Brazil Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 64. Argentina Home Health Hubs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 65. Growth Strategies in the Home Health Hub Market, 2017-2019
The List of Companies
- OnKöl
- Insung Information Co, Ltd.
- Ideal Life Inc.
- iHealth Labs Inc.
- Honeywell International Inc.
- Vivify Health, Inc.
- Capsule Technologies Inc. (Formally: QUALCOMM LIFE, INC.)
- MedM
- Sensato Cybersecurity Solutions
- Cisco Systems, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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