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Smart Home Healthcare Market
Global Smart Home Healthcare Market
Expected to Grow with 38% CAGR
During 2016 – 2022
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Smart Home Healthcare Market
The global smart home healthcare market is expected to grow with a CAGR
of 38% during 2016 - 2022. Among the various applications, the fall
prevention and detection segment is expected to witness the fastest
growth during the forecast period. The global smart home healthcare
market is growing at a significant rate, due to growing demand for advanced
smart home healthcare technologies, and growing geriatric population. In
addition, the increasing demand of mobile health (mHealth) technologies,
and increasing demand of personalized healthcare technologies are also
driving the growth of the global smart home healthcare market.
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Smart Home Healthcare Market
The information and data in the publication “Global Smart Home Healthcare
Market Size, Share, Development, Growth and Demand Forecast to 2022”
represent the research and analysis of data from various primary and
secondary sources. The bottom-top approach has been used to calculate
the global market size by technology, service, and application. The market
numbers for countries are obtained through top-down approach. P&S
Market Research analysts and consultants interacted with the authorities
from leading companies of the concerned domain, to substantiate every
value of data presented in the report. The company bases its primary
research on discussions with prominent professionals and analysts in the
industry, which is followed by informed and detailed, online, and offline
research.
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Smart Home Healthcare Market
Smart home is a home monitoring and control system, which helps in the
monitoring of home when the resident away, and also simplifies the
switching appliances on and off automatically. The smart homes have the
ability to monitor and control home from the convenience of smartphone
or tablets.
In the healthcare sector, the smart home technology is combined with
innovative and advanced monitoring technologies that are designed to
detect health status changes. Moreover, the combination of smart home
technology with healthcare technology is likely to be an effective approach
to prevent nursing home placement for frail older adults.
Smart Home Healthcare Market
Geographically, North America dominated the global market of smart home
healthcare market in 2015; whereas the Asian market is expected to
witness the fastest growth at a during the forecast period.
Some of the key companies operating in the global smart home healthcare
market include AT&T Inc., ABB Ltd, Siemens AG, Schneider Electric SE,
General Electric Company, Honeywell Life Care Solutions, Smart Solutions,
Essence Group, and Koninklijke Philips N.V.
Smart Home Healthcare Market
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Smart Home Healthcare Market
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