+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Smart Home Healthcare Market By Product, By Technology, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

  • PDF Icon

    Report

  • 303 Pages
  • July 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671058
The global smart home healthcare market was valued at $4,811.82 million in 2021, and is estimated to reach $11,215.81 million by 2031, growing at a CAGR of 8.8% from 2022 to 2031.

Smart home healthcare provides in-home care to elderly people, outpatients, and people with disabilities. They are developed to monitor health and well-being using sensors that are worn or implanted in the surrounding environment. Smart homes are equipped with internet-connected devices to enable remote monitoring and management of appliances and systems, such as lighting and heating. Smart healthcare enables better diagnostic tools, better treatment for patients, and devices that improve quality of life for everyone. There are both wired and wireless devices. Wireless devices use Bluetooth, Wi-Fi, or radio frequency to connect to other devices.

Smart home healthcare devices have various medical parameters such as blood glucose level, heart rate, blood pressure, pulse rate, oxygen level, electrocardiogram, and this data can be smartly viewed on mobiles, tablets, and other digital devices. Estimation of these parameters help physicians to predict health of patients remotely.

Continuous glucose monitoring devices, cardiac monitoring devices, medical alert systems, telemedicine applications & software, and fall prevention & detection system are the major smart home healthcare devices. Many key market players are launching smart devices in healthcare with advanced and great features. Thus, continuous advancements in technology drives growth of the smart home healthcare market.

Major factors that drive growth of the smart home healthcare market include increase in geriatric population, rise in popularity of Internet of Things (IoT) in home healthcare, and surge in chronic diseases. In addition, technological advancements and rise in demand for personalized healthcare in developed countries is a key trend in the market, which is expected to fuel growth of the market during the forecast period.

Significant surge in geriatric population is one of the leading factors in this market as aging leads to various locomotion disorders, which are influenced by a number of variables such as lifestyle, diet, physical activity (PA), smoking, alcohol use, chronic illness conditions, and medication. Aging causes several physiological changes that might result in illnesses, which can lower quality of life. Thus, such high geriatric population base is expected to boost the smart home healthcare market.

However, concerns regarding data privacy and security are expected to hinder the market growth. All data is transferred through the internet to various devices, which use applications, hence there is a threat of inappropriate usage of personal information. Third-party storage, secondary use of data, and possible attacks are a tough challenge. Lack of technological knowledge among people of developing countries is also expected to impede the market growth.

The global smart home healthcare market is segmented on the basis of product, application, technique, and region. On the basis of product, the market is categorized into medical device alert systems, smart glucose monitoring system, smart cardiac monitoring system, and others. By application, it is divided into fall prevention & detection and health status monitoring. By technology, it is segmented into wireless and wired. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and Latin America, the Middle East, and Africa (LAMEA).

Major players profiled in the report are Abbott laboratories, Agatsa Software Pvt Ltd, Apollo Global Management, Inc., Bay Alarm Medical, Connect America, Dexcom, Inc, F. Hoffman-La Roche AG, Qure4u, Medical Guardian LLC, Medtronic Plc., Mytrex Inc, Nureca Limited, Tunstall Group, Vital Connect, Withings., Sunfox Technologies Pvt Ltd, and Mari Group.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the smart home healthcare market analysis from 2021 to 2031 to identify the prevailing smart home healthcare market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the smart home healthcare market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global smart home healthcare market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product

  • Medical device alert systems
  • Smart glucose monitoring system
  • Smart cardiac monitoring system
  • Others

By Technology

  • Wireless
  • Wired

By Application

  • Fall prevention and detection
  • Health status monitoring

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Agatsa Software Pvt.Ltd.
  • Sunfox Technologies Pvt Ltd.
  • Apollo Global Management, Inc
  • Connect America
  • Medical Guardian LLC
  • Medtronic
  • Tunstall Group
  • VitalConnect.
  • Withings
  • DexCom, Inc
  • Abbott Laboratories
  • Bayalarm
  • Mytrex Inc.
  • Nureca
  • F Hoffmann Roche
  • MariCare Oy
  • Qure4u
Frequently Asked Questions about the Global Smart Home Healthcare Market

What is the estimated value of the Global Smart Home Healthcare Market?

The Global Smart Home Healthcare Market was estimated to be valued at $4811.82 million in 2021.

What is the growth rate of the Global Smart Home Healthcare Market?

The growth rate of the Global Smart Home Healthcare Market is 8.8%, with an estimated value of $11215.81 million by 2031.

What is the forecasted size of the Global Smart Home Healthcare Market?

The Global Smart Home Healthcare Market is estimated to be worth $11215.81 million by 2031.

Who are the key companies in the Global Smart Home Healthcare Market?

Key companies in the Global Smart Home Healthcare Market include Agatsa Software Pvt.Ltd., Sunfox Technologies Pvt Ltd., Apollo Global Management, Inc, Connect America, Medical Guardian LLC, Medtronic, Tunstall Group, Vitalconnect., Withings and Dexcom, Inc.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: SMART HOME HEALTHCARE MARKET, BY PRODUCT
4.1 Overview
4.1.1 Market size and forecast
4.2 Medical device alert systems
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Smart glucose monitoring system
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Smart cardiac monitoring system
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: SMART HOME HEALTHCARE MARKET, BY TECHNOLOGY
5.1 Overview
5.1.1 Market size and forecast
5.2 Wireless
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Wired
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: SMART HOME HEALTHCARE MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Fall prevention and detection
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Health status monitoring
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: SMART HOME HEALTHCARE MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Product
7.2.3 North America Market size and forecast, by Technology
7.2.4 North America Market size and forecast, by Application
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Product
7.2.5.1.2 Market size and forecast, by Technology
7.2.5.1.3 Market size and forecast, by Application
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Product
7.2.5.2.2 Market size and forecast, by Technology
7.2.5.2.3 Market size and forecast, by Application
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Product
7.2.5.3.2 Market size and forecast, by Technology
7.2.5.3.3 Market size and forecast, by Application
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Product
7.3.3 Europe Market size and forecast, by Technology
7.3.4 Europe Market size and forecast, by Application
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Product
7.3.5.1.2 Market size and forecast, by Technology
7.3.5.1.3 Market size and forecast, by Application
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Product
7.3.5.2.2 Market size and forecast, by Technology
7.3.5.2.3 Market size and forecast, by Application
7.3.5.3 U.K.
7.3.5.3.1 Market size and forecast, by Product
7.3.5.3.2 Market size and forecast, by Technology
7.3.5.3.3 Market size and forecast, by Application
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Product
7.3.5.4.2 Market size and forecast, by Technology
7.3.5.4.3 Market size and forecast, by Application
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Product
7.3.5.5.2 Market size and forecast, by Technology
7.3.5.5.3 Market size and forecast, by Application
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Product
7.3.5.6.2 Market size and forecast, by Technology
7.3.5.6.3 Market size and forecast, by Application
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Product
7.4.3 Asia-Pacific Market size and forecast, by Technology
7.4.4 Asia-Pacific Market size and forecast, by Application
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 Japan
7.4.5.1.1 Market size and forecast, by Product
7.4.5.1.2 Market size and forecast, by Technology
7.4.5.1.3 Market size and forecast, by Application
7.4.5.2 China
7.4.5.2.1 Market size and forecast, by Product
7.4.5.2.2 Market size and forecast, by Technology
7.4.5.2.3 Market size and forecast, by Application
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Product
7.4.5.3.2 Market size and forecast, by Technology
7.4.5.3.3 Market size and forecast, by Application
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Product
7.4.5.4.2 Market size and forecast, by Technology
7.4.5.4.3 Market size and forecast, by Application
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Product
7.4.5.5.2 Market size and forecast, by Technology
7.4.5.5.3 Market size and forecast, by Application
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Product
7.4.5.6.2 Market size and forecast, by Technology
7.4.5.6.3 Market size and forecast, by Application
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Product
7.5.3 LAMEA Market size and forecast, by Technology
7.5.4 LAMEA Market size and forecast, by Application
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Product
7.5.5.1.2 Market size and forecast, by Technology
7.5.5.1.3 Market size and forecast, by Application
7.5.5.2 Saudi Arabia
7.5.5.2.1 Market size and forecast, by Product
7.5.5.2.2 Market size and forecast, by Technology
7.5.5.2.3 Market size and forecast, by Application
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Product
7.5.5.3.2 Market size and forecast, by Technology
7.5.5.3.3 Market size and forecast, by Application
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Product
7.5.5.4.2 Market size and forecast, by Technology
7.5.5.4.3 Market size and forecast, by Application
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Agatsa Software Pvt.Ltd.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Sunfox Technologies Pvt Ltd.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Apollo Global Management, Inc
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Connect America
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Medical Guardian LLC
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Medtronic
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Tunstall Group
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 VitalConnect.
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Withings
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 DexCom, Inc
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Abbott Laboratories
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 Bayalarm
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Mytrex Inc.
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Nureca
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 F Hoffmann Roche
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 MariCare Oy
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 Qure4u
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments
List of Tables
Table 1. Global Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 2. Smart Home Healthcare Market Size, for Medical Device Alert Systems, by Region, 2021-2031 ($Million)
Table 3. Smart Home Healthcare Market for Medical Device Alert Systems, by Country, 2021-2031 ($Million)
Table 4. Smart Home Healthcare Market Size, for Smart Glucose Monitoring System, by Region, 2021-2031 ($Million)
Table 5. Smart Home Healthcare Market for Smart Glucose Monitoring System, by Country, 2021-2031 ($Million)
Table 6. Smart Home Healthcare Market Size, for Smart Cardiac Monitoring System, by Region, 2021-2031 ($Million)
Table 7. Smart Home Healthcare Market for Smart Cardiac Monitoring System, by Country, 2021-2031 ($Million)
Table 8. Smart Home Healthcare Market Size, for Others, by Region, 2021-2031 ($Million)
Table 9. Smart Home Healthcare Market for Others, by Country, 2021-2031 ($Million)
Table 10. Global Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 11. Smart Home Healthcare Market Size, for Wireless, by Region, 2021-2031 ($Million)
Table 12. Smart Home Healthcare Market for Wireless, by Country, 2021-2031 ($Million)
Table 13. Smart Home Healthcare Market Size, for Wired, by Region, 2021-2031 ($Million)
Table 14. Smart Home Healthcare Market for Wired, by Country, 2021-2031 ($Million)
Table 15. Global Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 16. Smart Home Healthcare Market Size, for Fall Prevention and Detection, by Region, 2021-2031 ($Million)
Table 17. Smart Home Healthcare Market for Fall Prevention and Detection, by Country, 2021-2031 ($Million)
Table 18. Smart Home Healthcare Market Size, for Health Status Monitoring, by Region, 2021-2031 ($Million)
Table 19. Smart Home Healthcare Market for Health Status Monitoring, by Country, 2021-2031 ($Million)
Table 20. Smart Home Healthcare Market, by Region, 2021-2031 ($Million)
Table 21. North America Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 22. North America Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 23. North America Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 24. North America Smart Home Healthcare Market, by Country, 2021-2031 ($Million)
Table 25. U.S. Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 26. U.S. Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 27. U.S. Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 28. Canada Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 29. Canada Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 30. Canada Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 31. Mexico Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 32. Mexico Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 33. Mexico Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 34. Europe Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 35. Europe Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 36. Europe Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 37. Europe Smart Home Healthcare Market, by Country, 2021-2031 ($Million)
Table 38. Germany Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 39. Germany Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 40. Germany Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 41. France Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 42. France Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 43. France Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 44. U.K. Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 45. U.K. Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 46. U.K. Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 47. Italy Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 48. Italy Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 49. Italy Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 50. Spain Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 51. Spain Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 52. Spain Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 53. Rest of Europe Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 54. Rest of Europe Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 55. Rest of Europe Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 56. Asia-Pacific Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 57. Asia-Pacific Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 58. Asia-Pacific Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 59. Asia-Pacific Smart Home Healthcare Market, by Country, 2021-2031 ($Million)
Table 60. Japan Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 61. Japan Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 62. Japan Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 63. China Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 64. China Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 65. China Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 66. India Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 67. India Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 68. India Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 69. Australia Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 70. Australia Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 71. Australia Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 72. South Korea Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 73. South Korea Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 74. South Korea Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 75. Rest of Asia-Pacific Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 76. Rest of Asia-Pacific Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 77. Rest of Asia-Pacific Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 78. LAMEA Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 79. LAMEA Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 80. LAMEA Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 81. LAMEA Smart Home Healthcare Market, by Country, 2021-2031 ($Million)
Table 82. Brazil Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 83. Brazil Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 84. Brazil Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 85. Saudi Arabia Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 86. Saudi Arabia Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 87. Saudi Arabia Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 88. South Africa Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 89. South Africa Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 90. South Africa Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 91. Rest of LAMEA Smart Home Healthcare Market, by Product, 2021-2031 ($Million)
Table 92. Rest of LAMEA Smart Home Healthcare Market, by Technology, 2021-2031 ($Million)
Table 93. Rest of LAMEA Smart Home Healthcare Market, by Application, 2021-2031 ($Million)
Table 94. Agatsa Software Pvt.Ltd.: Company Snapshot
Table 95. Agatsa Software Pvt.Ltd.: Operating Segments
Table 96. Agatsa Software Pvt.Ltd.: Product Portfolio
Table 97. Agatsa Software Pvt.Ltd.: Net Sales
Table 98. Agatsa Software Pvt.Ltd.: Key Stratergies
Table 99. Sunfox Technologies Pvt Ltd.: Company Snapshot
Table 100. Sunfox Technologies Pvt Ltd.: Operating Segments
Table 101. Sunfox Technologies Pvt Ltd.: Product Portfolio
Table 102. Sunfox Technologies Pvt Ltd.: Net Sales
Table 103. Sunfox Technologies Pvt Ltd.: Key Stratergies
Table 104. Apollo Global Management, Inc: Company Snapshot
Table 105. Apollo Global Management, Inc: Operating Segments
Table 106. Apollo Global Management, Inc: Product Portfolio
Table 107. Apollo Global Management, Inc: Net Sales
Table 108. Apollo Global Management, Inc: Key Stratergies
Table 109. Connect America: Company Snapshot
Table 110. Connect America: Operating Segments
Table 111. Connect America: Product Portfolio
Table 112. Connect America: Net Sales
Table 113. Connect America: Key Stratergies
Table 114. Medical Guardian LLC: Company Snapshot
Table 115. Medical Guardian LLC: Operating Segments
Table 116. Medical Guardian LLC: Product Portfolio
Table 117. Medical Guardian LLC: Net Sales
Table 118. Medical Guardian LLC: Key Stratergies
Table 119. Medtronic: Company Snapshot
Table 120. Medtronic: Operating Segments
Table 121. Medtronic: Product Portfolio
Table 122. Medtronic: Net Sales
Table 123. Medtronic: Key Stratergies
Table 124. Tunstall Group: Company Snapshot
Table 125. Tunstall Group: Operating Segments
Table 126. Tunstall Group: Product Portfolio
Table 127. Tunstall Group: Net Sales
Table 128. Tunstall Group: Key Stratergies
Table 129. Vitalconnect.: Company Snapshot
Table 130. Vitalconnect.: Operating Segments
Table 131. Vitalconnect.: Product Portfolio
Table 132. Vitalconnect.: Net Sales
Table 133. Vitalconnect.: Key Stratergies
Table 134. Withings: Company Snapshot
Table 135. Withings: Operating Segments
Table 136. Withings: Product Portfolio
Table 137. Withings: Net Sales
Table 138. Withings: Key Stratergies
Table 139. Dexcom, Inc: Company Snapshot
Table 140. Dexcom, Inc: Operating Segments
Table 141. Dexcom, Inc: Product Portfolio
Table 142. Dexcom, Inc: Net Sales
Table 143. Dexcom, Inc: Key Stratergies
Table 144. Abbott Laboratories: Company Snapshot
Table 145. Abbott Laboratories: Operating Segments
Table 146. Abbott Laboratories: Product Portfolio
Table 147. Abbott Laboratories: Net Sales
Table 148. Abbott Laboratories: Key Stratergies
Table 149. Bayalarm: Company Snapshot
Table 150. Bayalarm: Operating Segments
Table 151. Bayalarm: Product Portfolio
Table 152. Bayalarm: Net Sales
Table 153. Bayalarm: Key Stratergies
Table 154. Mytrex Inc.: Company Snapshot
Table 155. Mytrex Inc.: Operating Segments
Table 156. Mytrex Inc.: Product Portfolio
Table 157. Mytrex Inc.: Net Sales
Table 158. Mytrex Inc.: Key Stratergies
Table 159. Nureca: Company Snapshot
Table 160. Nureca: Operating Segments
Table 161. Nureca: Product Portfolio
Table 162. Nureca: Net Sales
Table 163. Nureca: Key Stratergies
Table 164. F Hoffmann Roche: Company Snapshot
Table 165. F Hoffmann Roche: Operating Segments
Table 166. F Hoffmann Roche: Product Portfolio
Table 167. F Hoffmann Roche: Net Sales
Table 168. F Hoffmann Roche: Key Stratergies
Table 169. Maricare Oy: Company Snapshot
Table 170. Maricare Oy: Operating Segments
Table 171. Maricare Oy: Product Portfolio
Table 172. Maricare Oy: Net Sales
Table 173. Maricare Oy: Key Stratergies
Table 174. Qure4U: Company Snapshot
Table 175. Qure4U: Operating Segments
Table 176. Qure4U: Product Portfolio
Table 177. Qure4U: Net Sales
Table 178. Qure4U: Key Stratergies
List of Figures
Figure 1. Smart Home Healthcare Market Segmentation
Figure 2. Smart Home Healthcare Market,2021-2031
Figure 3. Smart Home Healthcare Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Smart Home Healthcare Market:Drivers, Restraints and Opportunities
Figure 12. Smart Home Healthcare Market,By Product,2021(%)
Figure 13. Comparative Share Analysis of Medical Device Alert Systems Smart Home Healthcare Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Smart Glucose Monitoring System Smart Home Healthcare Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Smart Cardiac Monitoring System Smart Home Healthcare Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Others Smart Home Healthcare Market,2021-2031(%)
Figure 17. Smart Home Healthcare Market,By Technology,2021(%)
Figure 18. Comparative Share Analysis of Wireless Smart Home Healthcare Market,2021-2031(%)
Figure 19. Comparative Share Analysis of Wired Smart Home Healthcare Market,2021-2031(%)
Figure 20. Smart Home Healthcare Market,By Application,2021(%)
Figure 21. Comparative Share Analysis of Fall Prevention and Detection Smart Home Healthcare Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Health Status Monitoring Smart Home Healthcare Market,2021-2031(%)
Figure 23. Smart Home Healthcare Market by Region,2021
Figure 24. U.S. Smart Home Healthcare Market,2021-2031($Million)
Figure 25. Canada Smart Home Healthcare Market,2021-2031($Million)
Figure 26. Mexico Smart Home Healthcare Market,2021-2031($Million)
Figure 27. Germany Smart Home Healthcare Market,2021-2031($Million)
Figure 28. France Smart Home Healthcare Market,2021-2031($Million)
Figure 29. U.K. Smart Home Healthcare Market,2021-2031($Million)
Figure 30. Italy Smart Home Healthcare Market,2021-2031($Million)
Figure 31. Spain Smart Home Healthcare Market,2021-2031($Million)
Figure 32. Rest of Europe Smart Home Healthcare Market,2021-2031($Million)
Figure 33. Japan Smart Home Healthcare Market,2021-2031($Million)
Figure 34. China Smart Home Healthcare Market,2021-2031($Million)
Figure 35. India Smart Home Healthcare Market,2021-2031($Million)
Figure 36. Australia Smart Home Healthcare Market,2021-2031($Million)
Figure 37. South Korea Smart Home Healthcare Market,2021-2031($Million)
Figure 38. Rest of Asia-Pacific Smart Home Healthcare Market,2021-2031($Million)
Figure 39. Brazil Smart Home Healthcare Market,2021-2031($Million)
Figure 40. Saudi Arabia Smart Home Healthcare Market,2021-2031($Million)
Figure 41. South Africa Smart Home Healthcare Market,2021-2031($Million)
Figure 42. Rest of LAMEA Smart Home Healthcare Market,2021-2031($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Agatsa Software Pvt.Ltd..: Net Sales ,($Million)
Figure 50. Sunfox Technologies Pvt Ltd..: Net Sales ,($Million)
Figure 51. Apollo Global Management, Inc.: Net Sales ,($Million)
Figure 52. Connect America.: Net Sales ,($Million)
Figure 53. Medical Guardian LLC.: Net Sales ,($Million)
Figure 54. Medtronic.: Net Sales ,($Million)
Figure 55. Tunstall Group.: Net Sales ,($Million)
Figure 56. Vitalconnect..: Net Sales ,($Million)
Figure 57. Withings.: Net Sales ,($Million)
Figure 58. Dexcom, Inc.: Net Sales ,($Million)
Figure 59. Abbott Laboratories.: Net Sales ,($Million)
Figure 60. Bayalarm.: Net Sales ,($Million)
Figure 61. Mytrex Inc..: Net Sales ,($Million)
Figure 62. Nureca.: Net Sales ,($Million)
Figure 63. F Hoffmann Roche.: Net Sales ,($Million)
Figure 64. Maricare Oy.: Net Sales ,($Million)
Figure 65. Qure4U.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Smart Home Healthcare Market," the smart home healthcare market was valued at $4.81 billion in 2021, and is estimated to reach $11.22 billion by 2031, growing at a CAGR of 8.8% from 2022 to 2031.

Smart home healthcare is an ecosystem created in homes embedded with sensors and devices that track the health status of an individual. Smart home healthcare enables physicians to track health status of patient remotely. Smart home healthcare provides in-home care to elderly people, outpatients, and people with disabilities.

Smart home healthcare devices monitor health and well-being using sensors that are worn or implanted in the surrounding environment of person. Smart homes are equipped with internet-connected devices to enable remote monitoring and management of systems or devices. Smart healthcare devices improve quality of life for everyone. Various medical parameters such as blood pressure and blood glucose level are tracked by these devices and this data can be digitally viewed on mobile, tablet, and other connected devices.

Increase in elderly population as they have more locomotion related problems and suffer from various diseases is the major driver of the market. Smart home healthcare devices are generally incorporated in homes where there are elderly people or person suffering from chronic diseases to facilitate personal assistance and providing quality life. Furthermore, surge in diabetes and cardiac related health issues is expected to surge demand for smart glucose & cardiac monitoring devices. In addition, growth in popularity of Internet of Things (IoT) is the smart home healthcare market trends which drives the smart home healthcare market forecast. Moreover, surge in chronic diseases, owing to adoption of unhealthy lifestyle is also expected to propel the market growth. Furthermore, innovations, development of advanced technologies, key strategies adopted by key players, and rise in awareness in developing countries fuel the smart home healthcare industry. However, concerns regarding data privacy and security are expected to impede the market growth. Many smart home healthcare devices use third party application to store and transfer data. Conversely, rise in demand for personalized healthcare and increase in health care expenditure is a great opportunity for key players to invest during the forecast period especially in the developing economies.

By product, the smart home healthcare market analysis is segmented into medical device alert systems, smart glucose monitoring system, smart cardiac monitoring system, and others. The smart glucose monitoring system segment generated maximum revenue in 2021, accounting for $3522.7 million, owing to global rise in diabetic patients and demand for monitoring systems. The smart cardiac monitoring system segment is expected to witness highest CAGR of 9.4% during the forecast period, owing to increase in heart diseases, which creates need for smart cardiac monitoring devices.

Depending on technology, the smart home healthcare industry is divided into wireless and wired. The wireless segment dominated the market in 2021, with $4487.43 million smart home healthcare market size, and is expected to witness highest CAGR of 8.9% during the forecast period, owing to ease of handling of wireless devices and monitoring data digitally.

Depending on application, the market is divided into fall prevention & detection and health status monitoring. The health status monitoring segment dominated the market in 2021, with $4562.91 million smart home healthcare market size, and is expected to witness highest CAGR of 8.9% during the forecast period, owing to increase in disease prevalence and awareness among population for utilization of such smart devices for a healthy lifestyle.

North America accounted for a majority of the global smart home healthcare market share in 2021, and is anticipated to remain dominant during the forecast period. This is attributed to technological advancements in smart home healthcare techniques, integration of advanced devices, and software presence of key and robust infrastructure in the region. However, Asia-Pacific is anticipated to witness notable growth, owing to rise in geriatric population, development of healthcare infrastructure, and increase in investments projects in the region.

Key Findings of the Study

  • By product, the smart glucose monitoring devices segment was the highest contributor to the market in 2021.
  • By technology, the wireless segment was the highest contributor to the market in 2021, and is expected to continue market trend throughout the forecast period.
  • Depending on application, the health status monitoring segment was highest contributor in 2021, and is expected to continue this trend during the forecast period.
  • Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

Companies Mentioned

  • Agatsa Software Pvt.Ltd.
  • Sunfox Technologies Pvt Ltd.
  • Apollo Global Management, Inc
  • Connect America
  • Medical Guardian LLC
  • Medtronic
  • Tunstall Group
  • Vitalconnect.
  • Withings
  • Dexcom, Inc
  • Abbott Laboratories
  • Bayalarm
  • Mytrex Inc.
  • Nureca
  • F Hoffmann Roche
  • Maricare Oy
  • Qure4U

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...