Global Smart Home Healthcare Market Size, Share, Development, Growth and Demand Forecast to 2022

  • ID: 3978217
  • Report
  • Region: Global
  • 100 pages
  • P&S Market Research
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The global smart home healthcare market is expected to grow with a CAGR of 38% during 2016 - 2022. Among the various applications, the fall prevention and detection segment is expected to witness the fastest growth during the forecast period. The global smart home healthcare market is growing at a significant rate, due to growing demand for advanced smart home healthcare technologies, and growing geriatric population.

As per the United Nations Department of Economic and Social Affairs (UN-DESA) report on the global aging population, the population of people aged 60 years or above is growing with high rate. The number has increased from a global share of 9.2% in 1990 to 11.7% in 2013, and is expected to reach 21.1% by the end of 2050.

Smart home is a home monitoring and control system, which helps in the monitoring of home when the resident away, and also simplifies the switching appliances on and off automatically. The smart homes have the ability to monitor and control home from the convenience of smartphone or tablets.

In the healthcare sector, the smart home technology is combined with innovative and advanced monitoring technologies that are designed to detect health status changes. Moreover, the combination of smart home technology with healthcare technology is likely to be an effective approach to prevent nursing home placement for frail older adults.

The increasing demand of mobile health (mHealth) technologies and increasing demand of personalized healthcare technologies are also driving the growth of the global smart home healthcare market.

The restraints associated with the growth of the global smart home healthcare market include privacy and security issues; and high capital expenditure. The growing popularity of IoT devices in the home healthcare sector is the major trend witnessed in the smart home healthcare market.

Geographically, North America is expected to maintain dominance in the global market of smart home healthcare during 2016-2022. This is due to due to improved healthcare infrastructure, increased healthcare spending, growing geriatric population, and growing prevalence of chronic and lifestyle associated diseases. In addition, the increased awareness about innovative and advanced applications of smart home healthcare technologies is also supporting the growth of the smart home healthcare Market in North America.

The European smart home healthcare market is growing, mainly due to improved healthcare infrastructure, increasing prevalence of chronic diseases, and growing demand for remote monitoring services. However, the Asian market of smart home healthcare is expected to witness the highest growth globally, during the forecast period. This is due to growing geriatric population and increasing awareness about innovative and advanced applications of the smart home based wireless sensors. Additionally, the increased patient demand and increasing life expectancy are likely to increase IT investments in healthcare industry within the region.

Some of the key companies operating in the global smart home healthcare market include AT&T Inc., ABB Ltd, Siemens AG, Schneider Electric SE, General Electric Company, Honeywell Life Care Solutions, Smart Solutions, Essence Group, and Koninklijke Philips N.V.
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1. Research Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.3.1 Market Breakdown By Technology
1.3.2 Market Breakdown By Services
1.3.3 Market Breakdown By Application
1.3.4 Market Breakdown By Geography
1.4 Research Methodology And Sources

2. Executive Summary
2.1 Key Findings
2.2 Research Summary

3. Market Outlook
3.1 Introduction
3.2 Market Trends
3.2.1 Increasing Popularity Of Internet Of Things (Iot) Devices In Home Healthcare
3.3 Opportunities In The Market
3.3.1 Increasing Adoption Of Cloud Technology In Healthcare
3.3.2 Emerging Economies Offer Opportunities To Iot Healthcare Manufacturers
3.4 Factors Driving The Growth Of Market And Its Impact On Market Forecast
3.4.1 Growing Demand For Advanced Smart Home Healthcare Technologies
3.4.2 Growing Geriatric Population
3.4.3 Increasing Demand For Mhealth Technologies
3.4.4 Increasing Demand For Personalized Healthcare
3.4.5 Impact Analysis Of Drivers On Market Forecast
3.5 Factors Hindering The Growth Of Market And Its Impact On Market Forecast
3.5.1 Privacy And Security Issues
3.5.2 High Capital Expenditure And Maintenance Requirement
3.5.3 Impact Analysis Of Restraints On Market Forecast

4. Global Smart Home Healthcare Market Size And Forecast (2012-2022)
4.1 Global Smart Home Healthcare Market, By Technology
4.2 Global Smart Home Healthcare Market, By Service
4.3 Global Smart Home Healthcare Market, By Application
4.4 Global Smart Home Healthcare Market, By Geography

5. Global Smart Home Healthcare Market, By Technology
5.1 Cellular Network Technology Based Smart Home Healthcare Market
5.2 Wireless Communication Technology Based Smart Home Healthcare Market

6. Global Smart Home Healthcare Market, By Service
6.1 Installation & Repair Service In Smart Home Healthcare Market
6.2 Customization & Renovation Service In Smart Home Healthcare Market

7. Global Smart Home Healthcare Market, By Application
7.1 Smart Home Healthcare Market For Fall Prevention & Detection
7.2 Smart Home Healthcare Market For Safety & Security Monitoring
7.3 Smart Home Healthcare Market For Health Status Monitoring
7.4 Smart Home Healthcare Market For Nutrient/Diet Monitoring
7.5 Smart Home Healthcare Market For Memory Aids

8. Global Smart Home Healthcare Market, By Geography
8.1 North America Smart Home Healthcare Market
8.1.1 North America Smart Home Healthcare Market, By Technology
8.1.2 North America Smart Home Healthcare Market, By Service
8.1.3 North America Smart Home Healthcare Market, By Application
8.1.4 North America Smart Home Healthcare Market, By Country
8.2 Europe Smart Home Healthcare Market
8.2.1 Europe Smart Home Healthcare Market, By Technology
8.2.2 Europe Smart Home Healthcare Market, By Service
8.2.3 Europe Smart Home Healthcare Market, By Application
8.2.4 Europe Smart Home Healthcare Market, By Country
8.3 Asia Smart Home Healthcare Market
8.3.1 Asia Smart Home Healthcare Market, By Technology
8.3.2 Asia Smart Home Healthcare Market, By Service
8.3.3 Asia Smart Home Healthcare Market, By Application
8.3.4 Asia Smart Home Healthcare Market, By Country
8.4 Row Smart Home Healthcare Market
8.4.1 Row Smart Home Healthcare Market, By Technology
8.4.2 Row Smart Home Healthcare Market, By Service
8.4.3 Row Smart Home Healthcare Market, By Application

9. Competitive Analysis
9.1 Porter’S Five Forces Of Competitive Analysis
9.1.1 Bargaining Power Of Buyers
9.1.2 Bargaining Power Of Suppliers
9.1.3 Threat Of New Entrants
9.1.4 Intensity Of Rivalry
9.1.5 Threat Of Substitutes
9.2 Competitive Positioning Of Global Smart Home Healthcare Market, By Application

10. Company Profiles And Strategic Developments
10.1 Key Company Profiles
10.1.1 At&T Inc.
10.1.1.1 Business Overview
10.1.1.2 Product And Service Offerings
10.1.1.2.1 Healthcare Solutions
10.1.2 Abb Ltd
10.1.2.1 Business Overview
10.1.2.2 Product And Systems Offerings
10.1.3 Siemens Ag
10.1.3.1 Business Overview
10.1.3.2 Product And Service Offerings
10.1.4 Schneider Electric Se
10.1.4.1 Business Overview
10.1.4.2 Product And Services Offerings
10.1.5 General Electric Company
10.1.5.1 Business Overview
10.1.5.2 Product And Service Offerings
10.1.6 Honeywell Life Care Solutions
10.1.6.1 Business Overview
10.1.6.2 Product And Service Offerings
10.1.7 Smart Solutions
10.1.7.1 Business Overview
10.1.7.2 Product And Service Offerings
10.1.8 Essence Group
10.1.8.1 Business Overview
10.1.8.2 Product And Service Offerings
10.1.9 Koninklijke Philips N.V.
10.1.9.1 Business Overview
10.1.9.2 Product And Service Offerings

11. Appendix
11.1 List Of Abbreviations

List Of Tables
Table 1 Specific Primary And Secondary Sources Used For This Publication
Table 2 Market Snapshot
Table 3 General Healthcare Apps For Smartphone
Table 4 Drivers For The Market: Impact Analysis
Table 5 Restraints For The Market: Impact Analysis
Table 6 Global Smart Home Healthcare Market, By Technology, $M (2012-2015)
Table 7 Global Smart Home Healthcare Market, By Technology, $M (2016-2022)
Table 8 Global Smart Home Healthcare Market, By Service, $M (2012-2015)
Table 9 Global Smart Home Healthcare Market, By Service, $M (2016-2022)
Table 10 Global Smart Home Healthcare Market, By Application, $M (2012-2015)
Table 11 Global Smart Home Healthcare Market, By Application, $M (2016-2022)
Table 12 Global Smart Home Healthcare Market, By Geography, $M (2012-2015)
Table 13 Global Smart Home Healthcare Market, By Geography, $M (2016-2022)
Table 14 Global Cellular Network Technology Based Smart Home Healthcare Market, By Geography, $M (2012-2015)
Table 15 Global Cellular Network Technology Based Smart Home Healthcare Market, By Geography, $M (2016-2022)
Table 16 Global Wireless Communication Technology Based Smart Home Healthcare Market, By Geography, $M (2012-2015)
Table 17 Global Wireless Communication Technology Based Smart Home Healthcare Market, By Geography, $M (2016-2022)
Table 18 Global Installation And Repair Service In Smart Home Healthcare Market, By Geography, $M (2012-2015)
Table 19 Global Installation And Repair Service In Smart Home Healthcare Market, By Geography, $M (2016-2022)
Table 20 Global Customization & Renovation Service In Smart Home Healthcare Market, By Geography, $M (2012-2015)
Table 21 Global Customization & Renovation Service In Smart Home Healthcare Market, By Geography, $M (2016-2022)
Table 22 Global Smart Home Healthcare Market For Fall Prevention & Detection, By Geography, $M (2012-2015)
Table 23 Global Smart Home Healthcare Market For Fall Prevention & Detection, By Geography, $M (2016-2022)
Table 24 Global Smart Home Healthcare Market For Safety And Security Monitoring, By Geography, $M (2012-2015)
Table 25 Global Smart Home Healthcare Market For Safety And Security Monitoring, By Geography, $M (2016-2022)
Table 26 Global Smart Home Healthcare Market For Health Status Monitoring, By Geography, $M (2012-2015)
Table 27 Global Smart Home Healthcare Market For Health Status Monitoring, By Geography, $M (2016-2022)
Table 28 Global Smart Home Healthcare Market For Nutrient/Diet Monitoring, By Geography, $M (2012-2015)
Table 29 Global Smart Home Healthcare Market For Nutrient/Diet Monitoring, By Geography, $M (2016-2022)
Table 30 Global Smart Home Healthcare Market For Memory Aids, By Geography, $M (2012-2015)
Table 31 Global Smart Home Healthcare Market For Memory Aids, By Geography, $M (2016-2022)
Table 32 North America Smart Home Healthcare Market, By Technology, $M (2012-2015)
Table 33 North America Smart Home Healthcare Market, By Technology, $M (2016-2022)
Table 34 North America Smart Home Healthcare Market, By Service, $M (2012-2015)
Table 35 North America Smart Home Healthcare Market, By Service, $M (2016-2022)
Table 36 North America Smart Home Healthcare Market, By Application, $M (2012-2015)
Table 37 North America Smart Home Healthcare Market, By Application, $M (2016-2022)
Table 38 North America Smart Home Healthcare Market, By Country, $M (2012-2015)
Table 39 North America Smart Home Healthcare Market, By Country, $M (2016-2022)
Table 40 Europe Smart Home Healthcare Market, By Technology, $M (2012-2015)
Table 41 Europe Smart Home Healthcare Market, By Technology, $M (2016-2022)
Table 42 Europe Smart Home Healthcare Market, By Service, $M (2012-2015)
Table 43 Europe Smart Home Healthcare Market, By Service, $M (2016-2022)
Table 44 Europe Smart Home Healthcare Market, By Application, $M (2012-2015)
Table 45 Europe Smart Home Healthcare Market, By Application, $M (2016-2022)
Table 46 Europe Smart Home Healthcare Market, By Country, $M (2012-2015)
Table 47 Europe Smart Home Healthcare Market, By Country, $M (2016-2022)
Table 48 Asia Smart Home Healthcare Market, By Technology, $M (2012-2015)
Table 49 Asia Smart Home Healthcare Market, By Technology, $M (2016-2022)
Table 50 Asia Smart Home Healthcare Market, By Service, $M (2012-2015)
Table 51 Asia Smart Home Healthcare Market, By Service, $M (2016-2022)
Table 52 Asia Smart Home Healthcare Market, By Application, $M (2012-2015)
Table 53 Asia Smart Home Healthcare Market, By Application, $M (2016-2022)
Table 54 Asia Smart Home Healthcare Market, By Country, $M (2012-2015)
Table 55 Asia Smart Home Healthcare Market, By Country, $M (2016-2022)
Table 56 Row Smart Home Healthcare Market, By Technology, $M (2012-2015)
Table 57 Row Smart Home Healthcare Market, By Technology, $M (2016-2022)
Table 58 Row Smart Home Healthcare Market, By Service, $M (2012-2015)
Table 59 Row Smart Home Healthcare Market, By Service, $M (2016-2022)
Table 60 Row Smart Home Healthcare Market, By Application, $M (2012-2015)
Table 61 Row Smart Home Healthcare Market, By Application, $M (2016-2022)
Table 62 At&T Inc.- Key Facts
Table 63 Abb Ltd-Key Facts
Table 64 Siemens Ag-Key Facts
Table 65 Schneider Electric Se-Key Facts
Table 66 General Electric Company-Key Facts
Table 67 Honeywell Lifecare Solutions-Key Facts
Table 68 Smart Solutions-Key Facts
Table 69 Essence Group-Key Facts
Table 70 Koninklijke Philips N.V.-Key Facts

List Of Figures
Fig 1 Research Scope Of Global Smart Home Healthcare Market
Fig 2 Research Methodology For Global Smart Home Healthcare Market
Fig 3 Benefits Of Cloud Computing In Healthcare
Fig 4 Aging Population As A Percentage Of Total Population In Major Countries
Fig 5 Major Mhealth Applications
Fig 6 Global Smart Home Healthcare Market Size, $M (2012-2022)
Fig 7 Global Smart Home Healthcare Market Size, By Technology, $M (2012-2022)
Fig 8 Global Smart Home Healthcare Market Size, By Service, $M (2012-2022)
Fig 9 Global Smart Home Healthcare Market Size, By Application, $M (2012-2022)
Fig 10 Global Smart Home Healthcare Market Size, By Geography, $M (2012-2022)
Fig 11 Global Smart Home Healthcare Market Share, By Region (2015)
Fig 12 Global Cellular Network Technology Based Smart Home Healthcare Market, By Geography, $M (2012-2022)
Fig 13 Global Wireless Communication Technology Based Smart Home Healthcare Market, By Geography, $M (2012-2022)
Fig 14 Global Installation And Repair Service In Smart Home Healthcare Market, By Geography, $M (2012-2022)
Fig 15 Global Customization & Renovation Service In Smart Home Healthcare Market, By Geography, $M (2012-2022)
Fig 16 Global Smart Home Healthcare Market For Fall Prevention & Detection , By Geography, $M (2012-2022)
Fig 17 Global Smart Home Healthcare Market For Safety & Security Monitoring, By Geography, $M (2012-2022)
Fig 18 Global Smart Home Healthcare Market For Health Status Monitoring, By Geography, $M (2012-2022)
Fig 19 Global Smart Home Healthcare Market For Nutrient/Diet Monitoring, By Geography, $M (2012-2022)
Fig 20 Global Smart Home Healthcare Market For Memory Aids , By Geography, $M (2012-2022)
Fig 21 Global Smart Home Healthcare Market, By Country (2022)
Fig 22 North America Smart Home Healthcare Market Size, By Technology, $M (2012-2022)
Fig 23 North America Smart Home Healthcare Market, By Service, $M (2012-2022)
Fig 24 North America Smart Home Healthcare Market , By Application, $M (2012-2022)
Fig 25 North America Smart Home Healthcare Market , By Country, $M (2012-2022)
Fig 26 Europe Smart Home Healthcare Market, By Technology, $M (2012-2022)
Fig 27 Europe Smart Home Healthcare Market, By Service, $M (2012-2022)
Fig 28 Europe Smart Home Healthcare Market, By Application, $M (2012-2022)
Fig 29 Europe Smart Home Healthcare Market, By Country, $M (2012-2022)
Fig 30 Asia Smart Home Healthcare Market, By Technology, $M (2012-2022)
Fig 31 Asia Smart Home Healthcare Market, By Service, $M (2012-2022)
Fig 32 Asia Smart Home Healthcare Market, By Application, $M (2012-2022)
Fig 33 Asia Smart Home Healthcare Market , By Country, $M (2012-2022)
Fig 34 Row Smart Home Healthcare Market, By Technology, $M (2012-2022)
Fig 35 Row Smart Home Healthcare Market, By Service, $M (2012-2022)
Fig 36 Row Smart Home Healthcare Market, By Application, $M (2012-2022)
Fig 37 Porter’S Five Forces Of Competitive Position Analysis
Fig 38 Competitive Positioning Of Global Smart Home Healthcare Market, By Technology
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