Home Health Hub Market to Surpass USD 9.16 Billion by 2032, Says S&S Insider [Yahoo! Finance]
Honeywell International Inc. (HON)
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Source: Yahoo! Finance
Austin, Nov. 27, 2024 (GLOBE NEWSWIRE) -- The S&S Insider report indicates that, “ The Home Health Hub Market was valued at USD 0.80 Billion in 2023 and is projected to reach USD 9.16 Billion by 2032, growing at a compound annual growth rate (CAGR) of 31.29% from 2024 to 2032. ” Growth of the Home Health Hub Market Driven by Technology and Demand for Flexible Care The Home Health Hub market is increasing fast, due to innovations in telemedicine, monitoring devices, and wearables. Interestingly, 96% of the health centers supported by HRSA employed telehealth as a major mode for primary care in 2023; that reflects the emerging need for healthcare to be accessible, mainly among aged people with chronic diseases. As healthcare costs escalate and hospital systems become overcrowded, the demand for cost-effective remote healthcare solutions keeps on increasing. With over 80% of Americans in favor of remote patient monitoring, home health hubs are becoming crucial to providing personali
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HON
Earnings
- 10/24/24 - Beat
HON
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 144
- 11/13/24 - Form 4
- HON's page on the SEC website