Press release
Global Smart Home Healthcare Market Size, Share, Trends, Scope and Forecast 2028
Zion Market Research has published a new report titled "Smart Home Healthcare Market By Technology (Wireless and Wired), By Service (Customization & Renovation and Repair & Installation), and By Application (Health Status Monitoring, Fall Detection & Prevention, Memory Aids, and Diet/Nutrition Monitoring): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2025". According to the report, the global smart home healthcare market was approximately USD 6.83 billion in 2018 and is expected to generate around USD 36.77 billion by 2025, at a CAGR of around 27.3% between 2019 and 2025.Smart homes are designed to support home residents in achieving their daily-living activities and having a healthier quality of life. Smart homes also help elderly people to live independently and comfortably. The most important feature of a smart home must be the fulfillment of a user's needs.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐๐๐ฌ๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ @https://bit.ly/3T2qsb5
The rapidly growing healthcare spending, increasing geriatric population, escalating demand for tailored healthcare, rising demand for mobile health (mHealth) and IoT-based technologies, accelerating launch of smart home healthcare technologies, growing used of connected technologies in integration with assisted living and e-health technology, and rising availability of high-speed internet are major driving factors of the global smart home healthcare market. Constant improvements in the healthcare set-up, innovation in the field of smart home healthcare equipment, and support offered by governments will generate new growth opportunities in the smart home healthcare market.
However, patient privacy, security-related issues, and lack of required healthcare set-up in developing regions may restrict the global smart home healthcare market.
The smart home healthcare market is split based on technology, service, and application. Based on technology, the smart home healthcare market includes wireless and wired. The wireless segment is expected to dominate the technology segment, with over 58% share, in the future, owing to the rising focus on the development of wireless technology that is compact and portable.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ข๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐@https://www.zionmarketresearch.com/sample/smart-home-healthcare-market
The service segment includes customization and renovation and repair and installation. The repair and installation segment dominated the service segment in 2018, due to the increasing need for proficient installation and repair of high-tech smart home healthcare devices. The customization and renovation segment is expected to grow rapidly in the future.
By application, the market comprises fall detection and prevention, health status monitoring, diet/nutrition monitoring, and memory aids. Fall detection and prevention accounted for over 42% of the overall application segment in 2018, due to the increasing use of automatic fall monitoring devices. The health status monitoring segment is expected to register the highest CAGR over the projected period.
๐๐๐ฅ๐๐ญ๐๐ ๐๐ซ๐๐ฌ๐ฌ ๐๐๐ฅ๐๐๐ฌ๐ @https://www.zionmarketresearch.com/news/smart-home-healthcare-market
North America will lead the smart home healthcare market over the forecast time period. North America accounted for over 41% of the global market in 2018, due to the rising incidences of different chronic diseases, high healthcare expenditure, the presence of the latest healthcare facilities, and early use of the latest healthcare technologies. Europe will be the second major market for smart home healthcare, due to the high research and development investments made by top companies, the growing geriatric population, the increasing prevalence of chronic ailments, and the encouraging reimbursement scenario. The Asia Pacific region will grow rapidly over the forecast period.
๐๐จ๐ฆ๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐ฆ๐๐ซ๐ญ ๐ก๐จ๐ฆ๐ ๐ก๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐
Companion Medical
Apple F. Hoffmann-La Roche
Google General Electric
Company Hocoma Health Care
Originals Medical Guardian
Proteus Digital Health Medtronic
Samsung Electronics and VitalConnect.
๐๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฌ๐ฆ๐๐ซ๐ญ ๐ก๐จ๐ฆ๐ ๐ก๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ญ๐จ:
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐๐ซ๐ญ ๐๐จ๐ฆ๐ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
Wireless
Wired
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐๐ซ๐ญ ๐๐จ๐ฆ๐ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐
Customization and Renovation
Repair and Installation
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐๐ซ๐ญ ๐๐จ๐ฆ๐ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Health Status Monitoring
Fall Detection and Prevention
Memory Aids
Diet/Nutrition Monitoring
๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐
1) Which main aspects are expected to influence the growth of the smart home healthcare market between 2022 and 2028?
2) What do you anticipate the value of the market for smart home healthcare devices to be?
3) Who are the most influential companies driving the growth of the Smart Home Healthcare Market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
E-Pharmacy Market
https://www.zionmarketresearch.com/news/e-pharmacy-market
https://www.einpresswire.com/article/593952203/global-genomics-market-is-expected-to-grow-rapidly-at-a-cagr-of-14-2-during-forecast-of-2022-to-2028
https://www.einnews.com/pr_news/591016076/global-newborn-screening-market-will-reach-usd-739-million-by-2028-zion-market-research
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