Smart Home Healthcare Market, By Aging-In-Place (Perspective of Aging in Smart Homes, Aspects of Aging in Smart Home and, Demand for Aging-in-place, and Smart Home Features for Aging-in-place), By General Health and Wellness (Concept of General Health and Wellness in Smart Homes; Growing Importance of Health and Wellness and Exploring Relevant Areas; Smart Home Features for Health and Wellness Across Various Use Cases; and Future Concept Scenario for the Health and Wellness Segment Current Trends, Challenges, and Market Projection for the Overall Health and Wellness Ecosystem), and By Geography (North America, Europe, Asia Pacific, Rest of World)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The smart home healthcare ecosystem consists of multiple sensors and devices that are used for in-home care of elderly people, patients with chronic diseases, and others with disabilities. These devices can be worn by the patient or fitted in the surrounding to track medical parameters, such as alert systems, glucose monitoring devices, oximeters, and fall prevention and detection systems.
This smart home healthcare ecosystem is also equipped with internet-connected devices that allow the remote monitoring of appliances and systems, such as lighting and heating. This technology helps caregivers to monitor the health of their clients and improve patient outcomes.
Market Dynamics:
Increasing geriatric population around the world is anticipated to boost growth of the global smart home healthcare market in the forecast future. The aging population requires technological solutions to provide the care that they need and enable them to remain in their own homes. This is why Smart Home Healthcare (SHHT) technologies are promoted and implemented as an alternative to traditional care.
Despite the significant growth of the global smart home healthcare market, the factors such as high installation cost and the lack of technical knowledge among users are likely to hinder growth of the global smart home healthcare market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global smart home healthcare market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart home healthcare market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Medtronic PLC, Sleepace, Evermind Inc., Awair Inc., and Eight Sleep
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart home healthcare market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart home healthcare market
Detailed Segmentation:
Global Smart Home Healthcare Market, By Aging-In-Place:
Perspective of Aging in Smart Homes
Aspects of Aging in Smart Home and Demand for Aging-in-place
Smart Home Features for Aging-in-place
Global Smart Home Healthcare Market, By General Health and Wellness:
Concept of General Health and Wellness in Smart Homes
Growing Importance of Health and Wellness and Exploring Relevant Areas
Smart Home Features for Health and Wellness Across Various Use Cases
Future Concept Scenario for the Health and Wellness Segment
Current Trends, Challenges, and Market Projection for the Overall Health and Wellness Ecosystem
Global Smart Home Healthcare Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Sleepace
Awair Inc.
Eight Sleep
Evermind Inc.
Medtronic PLC
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Aging-In-Place
- Market Snapshot, By General Health and Wellness
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Rising geriatric populations across the globe
- Earlier onset of chronic diseases
- Restraints
- Resistance to technology among consumers
- Privacy related issues of smart home technologies
- Opportunities
- Growing technological advancements in smart home
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Smart Home Healthcare Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Smart Home Healthcare Market , By Aging-In-Place, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Perspective of Aging in Smart Homes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Aspects of Aging in Smart Home and Demand for Aging-in-place
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Smart Home Features for Aging-in-place
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 6. Global Smart Home Healthcare Market , By General Health and Wellness, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023– 2030
- Segment Trends
- Concept of General Health and Wellness in Smart Homes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Growing Importance of Health and Wellness and Exploring Relevant Areas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Smart Home Features for Health and Wellness Across Various Use Cases
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Future Concept Scenario for the Health and Wellness Segment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Current Trends, Challenges, and Market Projection for the Overall Health and Wellness Ecosystem
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- 7. Global Smart Home Healthcare Market , By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Aging-In-Place, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By General Health and Wellness, 2018-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Aging-In-Place, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By General Health and Wellness, 2018-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Aging-In-Place, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By General Health and Wellness, 2018-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Aging-In-Place, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By General Health and Wellness, 2018-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Aging-In-Place, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By General Health and Wellness, 2018-2030,(US$ Bn)
- 8. Competitive Landscape
- Sleepace
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Awair Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Eight Sleep
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Evermind Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Medtronic PLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 9. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on "Global Smart Home Healthcare Market” - Global forecast to 2030
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