Internet of Things (IoT) Based Technologies and Patient Preference to Drive Growth of the Global Home Healthcare Solutions Market, 2025

Internet of Things (IoT) Based Technologies and Patient Preference to Drive Growth of the Global Home Healthcare Solutions Market, 2025

Future Growth Potential to be Accelerated by Reforms in Payment and Reimbursement Policies

RELEASE DATE
30-Apr-2021
REGION
North America
Research Code: K56D-01-00-00-00
SKU: HC03411-NA-MT_25408

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Description

As per medicare.gov, home healthcare is defined as a wide range of healthcare services that can be given at home for an illness or injury. Home healthcare is usually less expensive, more convenient, and just as effective as the care provided in a hospital or Skilled Nursing Facility (SNF). Presently, home healthcare has evolved to also cater to preventive and proactive care. The most important value offered by technology-enabled home care is preventing or delaying the patient’s shift to acute or long-term-care settings.

Technology holds a central role in expanding the market for home healthcare. It has come a long way from infrastructure and equipment consisting of durable medical products to technologies consisting of sensors, communication technology, Big Data, and AI. The study focuses on market for advanced data-based technologies.

The main objective of technology-enabled home care could vary for developing and developed countries. For developing countries, it may be linked to improving the accessibility of care, while for the developed countries the main objective probably focused on reducing the overall healthcare cost. The current study focuses on the developed markets of the US and Western Europe (Germany, France, Italy, Spain, and UK).

Author: Kaustubh Savant

RESEARCH: INFOGRAPHIC

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Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Hospital at Home Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Research Methodology

Definition and Scope of Analysis

Home Health—Market Overview

Segmentation—New-age Technologies in Home Health Management

Defining the Care Segments for Home Health

Key Competitors for New-age Solutions in Home Health Management

Key Competitors for New Age Solutions in Home Health Management (continued)

Key Questions This Study Will Answer

Key Healthcare Burden—Cardiovascular and Respiratory Diseases

Factors Supporting and Driving Home Healthcare

Digital Technologies to Impact Healthcare Delivery

Integrated Solutions Model for Home Healthcare

Adoption Variance Across Care Segments and Regions

Patient Experience Assessment

Key Benefits—New-age Technologies Driven Home Health Management

Key Growth Metrics for New-age Technologies in Home Healthcare Management

Growth Drivers for New-age Technologies in Home Healthcare Management

Growth Restraints for New-age Technologies in Home Healthcare Management

Forecast Assumptions—New-age Technologies in Home Health Management.

Forecast Assumptions—New-age Technologies in Home Health Management (continued)

Revenue Forecast—US and Western Europe Market for New-age Technologies in Home Healthcare

Revenue Forecast—US Market for New-age Technologies in Home Healthcare

Revenue Forecast—Western Europe Market for New-age Technologies in Home Healthcare

Revenue Forecast by Solution Type—US and Western Europe Market for New-age Technologies in Home Healthcare

Revenue Forecast by Solution Type—US Market for New-age Technologies in Home Healthcare

Revenue Forecast by Solution Type—Western Europe Market for New-age Technologies in Home Healthcare

Revenue Forecast Analysis, New-age Technologies in Home Health

Revenue Forecast Analysis by Industry Vertical, New-age Technologies in Home Healthcare

Revenue Forecast Analysis by Industry Vertical, New-age Technologies in Home Healthcare

Competitive Environment—New-age Technologies in Home Healthcare

Competitive Environment—New-age Technologies in Home Healthcare (continued)

Leveraging on Healthcare Consumerism Strategies for Better Adoption

Key Growth Metrics for Digital POCT Solutions

Application Assessment

Revenue Forecast

Revenue Forecast (continued)

Forecast Analysis, Digital POCT

Care Evolution—Digital POCT Approach

Technology Innovation Gears—Digital POCT

Emerging Participants—Digital POCT

Key Growth Metrics for Remote Patient Monitoring Solutions

Application Assessment

Revenue Forecast

Revenue Forecast (continued)

Forecast Analysis, Remote Patient Monitoring

Care Evolution—Remote Monitoring Approach

Technology Innovation Gears—Remote Patient Monitoring

Emerging Participants—Remote Patient Monitoring

Key Growth Metrics for Virtual Visit Solutions

Application Assessment

Revenue Forecast

Revenue Forecast (continued)

Forecast Analysis, Virtual Visit

Care Evolution—Virtual Visit

Technology Innovation Gears—Virtual Visits

Emerging Players—Virtual Visits

Key Growth Metrics for Personal Emergency Response Solutions

Application Assessment

Revenue Forecast

Revenue Forecast (continued)

Forecast Analysis, Personal Emergency Response System

Care Evolution—Personal Emergency Response System

Technology Innovation Gears—Personal Emergency Response System

Emerging Participants—Personal Emergency Response System

Key Growth Metrics for Smart Medication Management Solutions

Application Assessment

Revenue Forecast

Revenue Forecast (continued)

Smart Medication Management

Care Evolution—Smart Medication Adherence

Technology Innovation Gears—Smart Medication Management

Emerging Participants—Smart Medication Management

Key Growth Metrics for Digital Therapeutics Solutions

Application Assessment

Revenue Forecast

Revenue Forecast (continued)

Forecast Analysis, Digital Therapeutics

Care Evolution—Digital Therapeutics

Technology Innovation Gears—Digital Therapeutics

Emerging Participants—Digital Therapeutics

Key Growth Metrics for Robotic Home Health Solutions

Application Assessment

Revenue Forecast

Revenue Forecast (continued)

Forecast Analysis, Robotics Home Health Solutions

Care Evolution—Robotics Home Health Solutions

Technology Innovation Gears—Robotic Home Health Solutions

Emerging Participants—Robotic Home Health Solutions

Growth Opportunity Universe Background

Growth Opportunity Timeframe and Growth Potential

Growth Opportunity 1—Combining Cost-effective Care Management With Frugal Innovation for Better Provider and Payer Value

Growth Opportunity 1—Combining Cost-effective Care Management With Frugal Innovation for Better Provider and Payer Value (continued)

Growth Opportunity 2—Chatbot and Voice Assistance for Better Patient Access and Engagement

Growth Opportunity 2—Chatbot and Voice Assistance for Better Patient Access and Engagement (continued)

Growth Opportunity 3—Leveraging on 5G for Efficient and Secure Communications

Growth Opportunity 3—Leveraging on 5G for Efficient and Secure Communications (continued)

Growth Opportunity 4—Strategic Partnerships for Expanding Care Scope

Growth Opportunity 4—Strategic Partnerships for Expanding Care Scope (continued)

Growth Opportunity 5—Multilevel Revenue Models for Improved Sustainability and Growth

Growth Opportunity 5—Multilevel Revenue Models for Improved Sustainability and Growth (continued)

Growth Opportunity 6—Portfolio Refinement for Leveraging on the Long-term Growth Opportunity in Home Health

Growth Opportunity 6—Portfolio Refinement for Leveraging on the Long-term Growth Opportunity in Home Health (continued)

Growth Opportunity 7—Adopting and Designing a Patient Portal for Improved Patient Experience and Care Delivery

Growth Opportunity 7—Adopting and Designing a Patient Portal for Improved Patient Experience and Care Delivery (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

Related Research
As per medicare.gov, home healthcare is defined as a wide range of healthcare services that can be given at home for an illness or injury. Home healthcare is usually less expensive, more convenient, and just as effective as the care provided in a hospital or Skilled Nursing Facility (SNF). Presently, home healthcare has evolved to also cater to preventive and proactive care. The most important value offered by technology-enabled home care is preventing or delaying the patients shift to acute or long-term-care settings. Technology holds a central role in expanding the market for home healthcare. It has come a long way from infrastructure and equipment consisting of durable medical products to technologies consisting of sensors, communication technology, Big Data, and AI. The study focuses on market for advanced data-based technologies. The main objective of technology-enabled home care could vary for developing and developed countries. For developing countries, it may be linked to improving the accessibility of care, while for the developed countries the main objective probably focused on reducing the overall healthcare cost. The current study focuses on the developed markets of the US and Western Europe (Germany, France, Italy, Spain, and UK). Author: Kaustubh Savant
More Information
No Index No
Podcast No
Author Kaustubh Suresh Savant
Industries Healthcare
WIP Number K56D-01-00-00-00
Is Prebook No
GPS Codes 9564-B1,9575-B1,9600-B1,9612-B1,9A47-B1,9A48-B1,9A4B-B1