openPR Logo
Press release

Smart Home Healthcare Market Top Players - Apple Inc., Companion Medical, F. Hoffmann-La Roche AG, General Electric Company, Google, Health Care Originals, Hocoma, Medical Guardian, LLC, Medtronic, Proteus Digital Health, Samsung Electronics Co. Ltd, Vita

05-21-2020 08:43 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Smart Home Healthcare Market

Smart Home Healthcare Market

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.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/3211?utm_source=open&utm_medium=vsm

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.

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.

Installation and repair segment was valued around 4 billion in 2018. Rising demand for effective smart home healthcare repair and installations will foster the segmental growth. Installations are done to detect anomalies and behavioral patterns along with patient care. Additionally, it monitors respiration, pulse and daily activities that fosters segmental growth.

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/3211?utm_source=open&utm_medium=vsm

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.

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.

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. 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 company's growth.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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 Smart Home Healthcare Market Top Players - Apple Inc., Companion Medical, F. Hoffmann-La Roche AG, General Electric Company, Google, Health Care Originals, Hocoma, Medical Guardian, LLC, Medtronic, Proteus Digital Health, Samsung Electronics Co. Ltd, Vita here

News-ID: 2053397 • Views: 585

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

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
Health Supplements Market 2017
ReportsWeb.com has announced the addition of the “Health Supplements Market in India 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. The health supplements market in India, which includes nutraceuticals, dietary and protein supplements, is expected to be worth over INR 390 billion by 2020. India currently holds a miniscule share in the global health supplement market, though this is