openPR Logo
Press release

What's driving the Smart Home Healthcare Market Size? Companion Medical, Apple, General Electric Company, F. Hoffmann-La Roche, Google, Health Care Originals, Medical Guardian, Hocoma, Medtronic, Samsung Electronics, Proteus Digital Health, Zanthion and V

04-09-2020 03:15 PM CET | Health & Medicine

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport
What's driving the Smart Home Healthcare Market Size? Companion

MarketStudyReport.com Adds New Smart Home Healthcare Market Size 2019 - 2025 research report providing information and data By Technology, By Service, By Application, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 170 Pages with table and figures in it.

Wireless segment accounted for over 57% revenue share in 2018 and will witness similar growth trend over the coming years. Development of technologically advanced condensed, mobile devices that are directly connected to Bluetooth for easy detection and patient assessment augments the segmental growth. Moreover, it offers connectivity via portable communication such as tablets that is expected to upsurge segment revenue size.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/2100662/?utm_source=Openpr.com-AN

Prominent business players operating in smart home healthcare market include Companion Medical, Apple, General Electric Company, F. Hoffmann-La Roche, Google, Health Care Originals, Medical Guardian, Hocoma, Medtronic, Samsung Electronics, Proteus Digital Health, Zanthion and VitalConnect.

Smart home healthcare market will exceed USD 30 billion by 2025; as per a new research report. Growing preferences of consumers on health monitoring and fitness is driving the demand for smart home healthcare market. Heart related diseases and obesity are increasing worldwide, the demand for wearable devices to monitor their health status and fitness level is growing.
Smartwatches and fitness band are combined with numerous sensors to screen various health related issues such as blood pressure and heart rate among others. These wearables provide accurate health information allowing customers to monitor their health issues without any intervention. Such advantages accelerates smart home healthcare industry growth. Moreover, wide range of wearable systems are available for elderly people that monitor vital signs of patients. These systems include wireless technology and software sensors to collect, transfer physiological data to a remote healthcare center. Such technologically advanced devices are expected to upsurge the business growth over analysis timeframe.

Asia Pacific smart home healthcare industry accounted for more than 19% revenue share in 2018 and is estimated to witness momentous CAGR of by 2025. Rising adoption of household technologies for effective assessment for patient care enhances the regional growth. Increasing per capita income in countries such as India and China coupled with advancements in various home healthcare applications upsurges the regional business growth.

Numerous smart home healthcare technologies can benefit from internet of things, mHealth and artificial intelligence (AI) that help in different services related to effective patient care thus, further accelerates the business growth. AI can analyze and gather information regarding individual?s activities and health status. AI system includes a database that stores individual?s physiological and behavioral patterns along with medical histories. Additionally, this system can raise an alarm in case of medical emergency with the concerned authority allowing immediate and appropriate medical attention. Availability of such advanced technology further boosts industry growth. Furthermore, growing demand for personalized healthcare technologies that is an extended healthcare at home and assists to improve overall health conditions are factors that foster business growth. However, issues regarding privacy may hamper industry growth over the coming years.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/2100662/?utm_source=Openpr.com-AN

Major industry players focus on product enhancement and new product launch to maintain their financial stability in the market. For instance, in September 2018 Apple introduced its Apple Watch Series 4 that is re-engineered and redesigned. It has advanced features such as gyroscope and accelerometer that is capable to detect fall. Such advancements and strategies help in companys growth.

Memory aids segment will grow over 26% during the forecast timeframe. Memory function gradually decreases in older adults with certain age causing dementia and memory loss. Reminding system would be useful for elderly population on daily bases. This system provides reminder and alert signals to patient along with physicians for corrective patient access. Also, it aids in case of critical situations. Above-mentioned associated advantages coupled with growing elderly population boosts the segment growth.

Table of Content:

Chapter 1. Methodology

1.1. Methodology

1.2. Market definitions

1.3. Forecast parameters

1.4. Data sources

1.4.1. Secondary

1.4.1.1. Paid sources

1.4.1.2. Unpaid sources

1.4.2. Primary

Chapter 2. Executive Summary

2.1. Smart home healthcare industry 360 degree synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Technology trends

2.1.3. Service trends

2.1.4. Application trends

2.1.5. Regional trends

Chapter 3. Smart Home Healthcare Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 - 2025

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Growing popularity of Internet-of-Things (IoT) in home healthcare

3.3.1.2. Technological advancements

3.3.1.3. Growing demand for personalized healthcare in developed countries

3.3.1.4. Increasing prevalence of chronic diseases

3.3.1.5. Rising geriatric population base worldwide

3.3.2. Industry pitfalls and challenges

3.3.2.1. Concerns regarding data privacy and security

3.3.2.2. Stringent regulatory framework

3.3.2.3. High cost of smart home healthcare devices

3.4. Growth potential analysis

3.4.1. By technology

3.4.2. By service

3.4.3. By application

3.5. Porter's analysis

3.6. Competitive landscape, 2018

3.6.1. Strategy dashboard

3.7. PESTEL analysis

Chapter 4. Smart Home Healthcare Market, By Technology

4.1. Key segment trends

4.2. Wired

4.2.1. Market size, by region, 2014 - 2025 (USD Million)

4.3. Wireless

4.3.1. Market size, by region, 2014-2025 (USD Million)

Chapter 5. Smart Home Healthcare Market, By Service

5.1. Key segment trends

5.2. Installation and repair

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Renovation and customization

5.3.1. Market size, by region, 2014-2025 (USD Million)

Related Reports: -

Global (United States, European Union and China) Home Healthcare Market Research Report 2019-2025

Home health care is a diversified industry which includes home nursing care, infusion services, companion care, and others. Home healthcare is particularly referred as home medical care. Home health care generally involves helping geriatric people to recover from an illness or injury and live independently for as long as possible. Home health care includes occupational & physical therapy, speech therapy, and skilled nursing. It may involve helping older adults with activities of daily living, like bathing, dressing, and eating. It can also include assistance with cooking, cleaning, other housekeeping, and monitoring one?s medication routine.

https://www.marketstudyreport.com/reports/global-united-states-european-union-and-china-home-healthcare-market-research-report-2019-2025/?utm_source=RR-AN

Contact Us:

Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's driving the Smart Home Healthcare Market Size? Companion Medical, Apple, General Electric Company, F. Hoffmann-La Roche, Google, Health Care Originals, Medical Guardian, Hocoma, Medtronic, Samsung Electronics, Proteus Digital Health, Zanthion and V here

News-ID: 2005585 • Views: 220

More Releases from marketstudyreport.com

Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides

All 5 Releases


More Releases for Health

Health literacy: How to improve health behaviors
Health literacy is defined as "people´s knowledge, motivation and competences to access, understand, appraise and apply information to make judgements and take decisions in everyday life healthcare concerning disease prevention and health promotion to maintain and improve quality of life during the life course." In a new volume Anne-Kathrin Mayer and colleagues shed light on the concept of health literacy from different disciplines: psychology, educational sciences, health sciences and
GetSavvi Health - For Health Insurance Needs
GetSavvi Health offers health insurance, which includes basic and primary care at affordable prices. The company believes in the fact that South Africans are hard working and each of them deserve access to affordable and high-quality healthcare facilities and that too at affordable prices. The company desires to be a leader in the primary healthcare sector. Primary care is all about basic healthcare facilities through day-to-day benefits, which help in
Nutrition: Health Is Wealth
Nutrition is the supply of food to the body required by an organism to stay alive and healthy. In the language of human medicine, nutrition is the practice of consuming foods or utilization by the body. In today’s life, consuming healthy food is as difficult as getting fresh air. Seriously, nutrition is no rocket science! Having a little knowledge of nutrients and its proportions makes it easier for the consumer
MENTAL HEALTH NURSING, PUBLIC HEALTH AND HEALTH CARE SUMMIT
Psychiatric and Mental Health Nursing 2019 will prove to be a noteworthy event, with this we cherish mental health nursing by embracing the theme, “Fore-fronting nursing care to achieve mental wellness” , and would step forward to provide an opportunity to step in and join our family, as we bring and encourage to join professionals from the following areas of Mental Health, Psychology, Nursing, Physiology, Neurology, Healthcare, Education, Business to
Epidemiology and Public Health
Opportunity to attend/speak at Epidemiology 2019 on February 27-28, 2019 at Prague, Czech Republic with the theme of Emerging Technologies, Applications and Health transitions in Epidemiology and Public Health. https://epidemiology.euroscicon.com/ Whatsapp: 13024004945 Euroscicon Milevská 7, 140 63 Praha 4, Czechia Katherine Gracia
TrendSights Analysis: Personalized Health
ReportsWeb.com published “Personalized Health Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Today's digitally savvy consumers are taking their personal wellbeing into their own hands by using products and services that address their specific health needs and help them "live better." As awareness increases, demand for more