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Global Smart Home Healthcare Market Size, Share, Trends, Scope and Forecast 2028

10-07-2022 03:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Zion Market Research

Smart Home Healthcare Market

Smart Home Healthcare Market

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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž @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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ข๐ฌ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž@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.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐๐ซ๐ž๐ฌ๐ฌ ๐‘๐ž๐ฅ๐ž๐š๐ฌ๐ž @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.

๐’๐จ๐ฆ๐ž ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐ฆ๐š๐ซ๐ญ ๐ก๐จ๐ฆ๐ž ๐ก๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž
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.

๐“๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฌ๐ฆ๐š๐ซ๐ญ ๐ก๐จ๐ฆ๐ž ๐ก๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ญ๐จ:

๐†๐ฅ๐จ๐›๐š๐ฅ ๐’๐ฆ๐š๐ซ๐ญ ๐‡๐จ๐ฆ๐ž ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ

Wireless
Wired

๐†๐ฅ๐จ๐›๐š๐ฅ ๐’๐ฆ๐š๐ซ๐ญ ๐‡๐จ๐ฆ๐ž ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž

Customization and Renovation
Repair and Installation

๐†๐ฅ๐จ๐›๐š๐ฅ ๐’๐ฆ๐š๐ซ๐ญ ๐‡๐จ๐ฆ๐ž ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Health Status Monitoring
Fall Detection and Prevention
Memory Aids
Diet/Nutrition Monitoring

๐…๐‘๐„๐๐”๐„๐๐“๐‹๐˜ ๐€๐’๐Š๐„๐ƒ ๐๐”๐„๐’๐“๐ˆ๐Ž๐๐’

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?

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
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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Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us-after all-if you do well, a little of the light shines on us.

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