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Assisted Living Technologies Market Report, Global, 2024

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    Report

  • 175 Pages
  • July 2024
  • Region: Global
  • The Business Research Company
  • ID: 5983786
The assisted living technology market size has grown rapidly in recent years. It will grow from $6.73 billion in 2023 to $7.82 billion in 2024 at a compound annual growth rate (CAGR) of 16.1%. The historical growth can be attributed to factors such as aging populations, increased prevalence of chronic diseases, rising healthcare costs, improved internet connectivity, growing awareness of the benefits of home healthcare, and supportive government policies and incentives.

The assisted living technology market size is expected to see rapid growth in the next few years. It will grow to $14.4 billion in 2028 at a compound annual growth rate (CAGR) of 16.5%. The anticipated growth in the forecast period can be attributed to factors such as increasing integration of smart home technologies, a rising geriatric population with technological literacy, growing availability of telehealth services, increasing adoption of personalized care solutions, growing preference for independent living, and expanding regulatory support for digital health initiatives. Significant trends expected in the forecast period encompass the integration of AI for personalized care, expanded use of IoT devices for real-time health monitoring, increased availability of telehealth services, advancements in wearable health technology, development of voice-activated assistants, and enhanced cybersecurity measures.

The increasing demand for personalized senior care services is poised to drive the expansion of the assisted living technology market in the coming years. Personalized senior care services encompass a broad spectrum of offerings tailored to assist elderly individuals in their daily lives. This demand surge is fueled by factors such as the growing elderly population, their unique requirements, and the pursuit of high-quality care. Assisted living technologies facilitate remote monitoring of seniors' health parameters, including vital signs, activity levels, medication adherence, and fall detection. These tools aid seniors in adhering to medication schedules, mitigating errors, and enhancing overall health outcomes. For instance, according to the Australian Institute of Health and Welfare, the number of individuals aged 65 and over residing in permanent residential aged care increased by 3.1% over the last five years, from 172,000 on June 30, 2017, to 178,000 on June 30, 2022. Consequently, the escalating demand for personalized senior care services propels the growth of the assisted living technology market.

Key players in the assisted living technologies market are actively developing multi-sensor remote patient monitoring platforms to facilitate convenient and continuous remote monitoring of vital signs, thereby enhancing patient care. A multi-sensor remote patient monitoring platform empowers healthcare providers to closely monitor patients' health status and deliver personalized care, ultimately leading to improved patient outcomes and better management of chronic conditions. For instance, in January 2024, Blue Spark Technologies, a US-based health technology provider, introduced VitalTraq, a multi-sensor remote patient monitoring platform. VitalTraq utilizes remote photoplethysmography (rPPG), a contactless technology that swiftly measures heart rate variability, blood pressure, and respiration rate through a 30- to 60-second facial scan. This platform integrates Blue Spark's FDA-cleared TempTraq, a Bluetooth-enabled patch that continuously monitors patient temperature and promptly alerts patients to temperature fluctuations in real time. The combination of contactless scanning and wearable temperature sensors offers a comprehensive remote monitoring solution.

In April 2024, Legrand, a UK-based company specializing in innovative connected technology for health, acquired Enovation for an undisclosed sum. This acquisition reinforces Legrand's presence in the assisted living technology market, enriches its product portfolio, strengthens its European leadership, and provides access to valuable expertise and innovation for advancing assisted living technologies. Enovation, headquartered in the Netherlands, is a provider of specialized healthcare software focused on connected health and assisted living solutions.

Major companies operating in the assisted living technologies market are Samsung Electronics Co. Ltd., Johnson & Johnson, Siemens AG, General Electric Company, Panasonic Corporation, Honeywell International Inc., Medtronic plc, ABB Ltd., Koninklijke Philips N.V., Legrand SA, Resideo Technologies Inc., ADT Inc., Tunstall Group Holdings Limited, WellSky, Lively, Essence Group, Possum Limited, GrandCare Systems, Vitaphone GmbH, Tynetec Limited, 2PCS Solutions GmbH, Assisted Living Technologies Inc., Bay Alarm Medical, Gnomon Informatics S.A., Independa Inc., Alcove.

North America was the largest region in the assisted living technologies market in 2023. The regions covered in the assisted living technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the assisted living technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Assisted living technologies (ALTs) comprise a diverse array of tools, devices, and systems crafted to aid seniors and individuals with disabilities in their daily tasks, foster independence, bolster safety, and enhance overall quality of life. These technologies encompass a spectrum of solutions, spanning hardware devices, software applications, wearable gadgets, and smart home systems, all customized to cater to the specific needs and preferences of users.

The primary components of assisted living technologies encompass hardware, software and apps, and services. Hardware denotes the physical devices and equipment utilized to assist the elderly in their daily activities. Assisted living facilities, nursing homes, rehabilitation centers, home care settings, hospices, and others employ various facility types, including adult family homes, community-based residential facilities, and residential care apartment complexes, to accommodate these technologies.

The assisted living technologies market research report is one of a series of new reports that provides assisted living technologies market statistics, including assisted living technologies industry global market size, regional shares, competitors with a assisted living technologies market share, detailed assisted living technologies market segments, market trends and opportunities, and any further data you may need to thrive in the assisted living technologies industry. This assisted living technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The assisted living technologies market consists of revenues earned by entities by providing services such as health monitoring, telehealth services, fall detection and prevention, and medication management. The market value includes the value of related goods sold by the service provider or included within the service offering. The assisted living technologies market also includes sales of motion sensors, bed sensors, door sensors, wearable sensors, smartphones, tablets, and specialized communication devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Assisted Living Technologies Market Characteristics3. Assisted Living Technologies Market Trends and Strategies
4. Assisted Living Technologies Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Assisted Living Technologies Market Size and Growth
5.1. Global Assisted Living Technologies Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Assisted Living Technologies Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Assisted Living Technologies Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Assisted Living Technologies Market Segmentation
6.1. Global Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Hardware
  • Software and Apps
  • Services
6.2. Global Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Adult Family Home
  • Community-Based Residential Facility
  • Residential Care Apartment Complex
6.3. Global Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Assisted Living Facilities
  • Nursing Homes
  • Rehabilitation Centers
  • Home Care Settings
  • Hospices
  • Other End-Users
7. Assisted Living Technologies Market Regional and Country Analysis
7.1. Global Assisted Living Technologies Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Assisted Living Technologies Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Assisted Living Technologies Market
8.1. Asia-Pacific Assisted Living Technologies Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Assisted Living Technologies Market
9.1. China Assisted Living Technologies Market Overview
9.2. China Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Assisted Living Technologies Market
10.1. India Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Assisted Living Technologies Market
11.1. Japan Assisted Living Technologies Market Overview
11.2. Japan Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Assisted Living Technologies Market
12.1. Australia Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Assisted Living Technologies Market
13.1. Indonesia Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Assisted Living Technologies Market
14.1. South Korea Assisted Living Technologies Market Overview
14.2. South Korea Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Assisted Living Technologies Market
15.1. Western Europe Assisted Living Technologies Market Overview
15.2. Western Europe Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Assisted Living Technologies Market
16.1. UK Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Assisted Living Technologies Market
17.1. Germany Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Assisted Living Technologies Market
18.1. France Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Assisted Living Technologies Market
19.1. Italy Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Assisted Living Technologies Market
20.1. Spain Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Assisted Living Technologies Market
21.1. Eastern Europe Assisted Living Technologies Market Overview
21.2. Eastern Europe Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Assisted Living Technologies Market
22.1. Russia Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Assisted Living Technologies Market
23.1. North America Assisted Living Technologies Market Overview
23.2. North America Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Assisted Living Technologies Market
24.1. USA Assisted Living Technologies Market Overview
24.2. USA Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Assisted Living Technologies Market
25.1. Canada Assisted Living Technologies Market Overview
25.2. Canada Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Assisted Living Technologies Market
26.1. South America Assisted Living Technologies Market Overview
26.2. South America Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Assisted Living Technologies Market
27.1. Brazil Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Assisted Living Technologies Market
28.1. Middle East Assisted Living Technologies Market Overview
28.2. Middle East Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Assisted Living Technologies Market
29.1. Africa Assisted Living Technologies Market Overview
29.2. Africa Assisted Living Technologies Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Assisted Living Technologies Market, Segmentation by Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Assisted Living Technologies Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Assisted Living Technologies Market Competitive Landscape and Company Profiles
30.1. Assisted Living Technologies Market Competitive Landscape
30.2. Assisted Living Technologies Market Company Profiles
30.2.1. Samsung Electronics Co. Ltd.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Johnson & Johnson
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Siemens AG
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. General Electric Company
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Panasonic Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Assisted Living Technologies Market Other Major and Innovative Companies
31.1. Honeywell International Inc.
31.2. Medtronic plc
31.3. ABB Ltd.
31.4. Koninklijke Philips N.V.
31.5. Legrand SA
31.6. Resideo Technologies Inc.
31.7. ADT Inc.
31.8. Tunstall Group Holdings Limited
31.9. WellSky
31.10. Lively
31.11. Essence Group
31.12. Possum Limited
31.13. GrandCare Systems
31.14. Vitaphone GmbH
31.15. Tynetec Limited
32. Global Assisted Living Technologies Market Competitive Benchmarking33. Global Assisted Living Technologies Market Competitive Dashboard34. Key Mergers and Acquisitions in the Assisted Living Technologies Market
35. Assisted Living Technologies Market Future Outlook and Potential Analysis
35.1 Assisted Living Technologies Market in 2028 - Countries Offering Most New Opportunities
35.2 Assisted Living Technologies Market in 2028 - Segments Offering Most New Opportunities
35.3 Assisted Living Technologies Market in 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Assisted Living Technologies Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on assisted living technologies market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for assisted living technologies? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The assisted living technologies market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Component: Hardware; Software And Apps; Services
2) By Facility Type: Adult Family Home; Community-Based Residential Facility; Residential Care Apartment Complex
3) By End-User: Assisted Living Facilities; Nursing Homes; Rehabilitation Centers; Home Care Settings; Hospices; Other End-Users

Key Companies Mentioned: Samsung Electronics Co. Ltd.; Johnson & Johnson; Siemens AG; General Electric Company; Panasonic Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Samsung Electronics Co. Ltd.
  • Johnson & Johnson
  • Siemens AG
  • General Electric Company
  • Panasonic Corporation
  • Honeywell International Inc.
  • Medtronic plc
  • ABB Ltd.
  • Koninklijke Philips N.V.
  • Legrand SA
  • Resideo Technologies Inc.
  • ADT Inc.
  • Tunstall Group Holdings Limited
  • WellSky
  • Lively
  • Essence Group
  • Possum Limited
  • GrandCare Systems
  • Vitaphone GmbH
  • Tynetec Limited
  • 2PCS Solutions GmbH
  • Assisted Living Technologies Inc.
  • Bay Alarm Medical
  • Gnomon Informatics S.A.
  • Independa Inc.
  • Alcove

Methodology

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Table Information