DUBLIN, June 29, 2021 /PRNewswire/ — The “Home Health Hubs – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Home Health Hubs Market to Reach US$3 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Home Health Hubs estimated at US$357.4 Million in the year 2020, is projected to reach a revised size of US$3 Billion by 2027, growing at a CAGR of 35.8% over the analysis period 2020-2027.
Standalone Hub, one of the segments analyzed in the report, is projected to grow at a 33.9% CAGR to reach US$1.2 Billion by the end of the analysis period.
After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mobile Hub segment is readjusted to a revised 39.7% CAGR for the next 7-year period. This segment currently accounts for a 22.5% share of the global Home Health Hubs market.
The U.S. Accounts for Over 49.4% of Global Market Size in 2020, While China is Forecast to Grow at a 42.8% CAGR for the Period of 2020-2027
The Home Health Hubs market in the U.S. is estimated at US$176.7 Million in the year 2020. The country currently accounts for a 49.43% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$285.9 Million in the year 2027 trailing a CAGR of 42.8% through 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 30.3% and 34.7%…
