Product Code: VMR112113382
The global demand for Assisted Living Technologies Market is presumed to reach the market size of nearly USD 35.54 BN by 2032 from USD 8.5 BN in 2023 with a CAGR of 17.23% under the study period 2024 - 2032.
Assistive living technologies encompass a variety of devices, systems, and technological solutions crafted to improve the well-being and autonomy of individuals, especially seniors and those with disabilities. These technologies offer support in daily activities, prioritizing safety and overall quality of life. These technologies aim to support individuals in maintaining their autonomy and staying in their preferred living environments for as long as possible.
MARKET DYNAMICS
The Assisted living technologies market is experiencing significant growth driven by various factors. The aging global population is a primary driver, creating a rising demand for technologies that support seniors and disabled individuals in maintaining independence and improving their quality of life. Advancements in technology, including innovative smart home devices, wearables, and remote monitoring systems, contribute to the widespread adoption of assisted living technologies, addressing challenges associated with aging. The preference for aging in place amplifies the market's growth as individuals seek to receive care and support in the comfort of their homes. Assisted living technologies play a crucial role in enabling this choice by providing solutions for medication management, fall detection, and emergency response. Growing awareness among caregivers and family members about the benefits of these technologies adds to their increased adoption. The peace of mind offered through remote monitoring and communication capabilities supports timely assistance when needed. Government initiatives and policies supporting aging in place and the use of assistive technologies further propel market growth by providing funding and incentives for development and implementation.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of assisted living technologies. The growth and trends of assisted living technologies industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the assisted living technologies market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
- Hardware (Sensors, Camera, Display Systems, Accessories)
- Software & Apps
- Services (B2B, B2C)
By Product Type
- Smart Home Devices
- Wearable Devices
- In-Home Cameras
- Personal Emergency Response Systems (Pers)
- Home Safety & Security Systems
- Medication Management Devices
- Others (Gps Tracking, Etc.)
By End-User
- Assisted Living Facilities
- Nursing Homes
- Rehabilitation Centers
- Home Care Settings
- Hospices
- Others
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Assisted Living Technologies market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Assisted Living Technologies market include Philips Healthcare, Tunstall Healthcare Group, Medtronic plc, Siemens Healthineers, Johnson & Johnson, Honeywell International, Inc., ResMed, Inc., General Electric Company, ADT, Inc., Legrand SA, 2PCS Solutions GmbH, Assisted Living Technologies, Inc., Alcove, Televic, Bay Alarm Medical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . ASSISTED LIVING TECHNOLOGIES - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Product Type
- 3.7.3 Market Attractiveness Analysis By End-user
- 3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . GLOBAL ASSISTED LIVING TECHNOLOGIES MARKET ANALYSIS BY COMPONENT
- 5.1 Overview by Component
- 5.2 Historical and Forecast Data
- 5.3 Analysis by Component
- 5.4 Hardware (Sensors, Camera, Display Systems, Accessories) Historic and Forecast Sales by Regions
- 5.5 Software & Apps Historic and Forecast Sales by Regions
- 5.6 Services (B2B, B2C) Historic and Forecast Sales by Regions
6 . GLOBAL ASSISTED LIVING TECHNOLOGIES MARKET ANALYSIS BY PRODUCT TYPE
- 6.1 Overview by Product Type
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Product Type
- 6.4 Smart Home Devices Historic and Forecast Sales by Regions
- 6.5 Wearable Devices Historic and Forecast Sales by Regions
- 6.6 In-home Cameras Historic and Forecast Sales by Regions
- 6.7 Personal Emergency Response Systems (PERS) Historic and Forecast Sales by Regions
- 6.8 Home Safety & Security Systems Historic and Forecast Sales by Regions
- 6.9 Medication Management Devices Historic and Forecast Sales by Regions
- 6.10. Others (GPS Tracking, etc.) Historic and Forecast Sales by Regions
7 . GLOBAL ASSISTED LIVING TECHNOLOGIES MARKET ANALYSIS BY END-USER
- 7.1 Overview by End-user
- 7.2 Historical and Forecast Data
- 7.3 Analysis by End-user
- 7.4 Assisted Living Facilities Historic and Forecast Sales by Regions
- 7.5 Nursing Homes Historic and Forecast Sales by Regions
- 7.6 Rehabilitation Centers Historic and Forecast Sales by Regions
- 7.7 Home Care Settings Historic and Forecast Sales by Regions
- 7.8 Hospices Historic and Forecast Sales by Regions
- 7.9 Others Historic and Forecast Sales by Regions
8 . GLOBAL ASSISTED LIVING TECHNOLOGIES MARKET ANALYSIS BY GEOGRAPHY
- 8.1. Regional Outlook
- 8.2. Introduction
- 8.3. North America Sales Analysis
- 8.3.1. Overview, Historic and Forecast Data Sales Analysis
- 8.3.2. North America By Segment Sales Analysis
- 8.3.3. North America By Country Sales Analysis
- 8.3.4. United State Sales Analysis
- 8.3.5. Canada Sales Analysis
- 8.3.6. Mexico Sales Analysis
- 8.4. Europe Sales Analysis
- 8.4.1. Overview, Historic and Forecast Data Sales Analysis
- 8.4.2. Europe by Segment Sales Analysis
- 8.4.3. Europe by Country Sales Analysis
- 8.4.4. United Kingdom Sales Analysis
- 8.4.5. France Sales Analysis
- 8.4.6. Germany Sales Analysis
- 8.4.7. Italy Sales Analysis
- 8.4.8. Russia Sales Analysis
- 8.4.9. Rest Of Europe Sales Analysis
- 8.5. Asia Pacific Sales Analysis
- 8.5.1. Overview, Historic and Forecast Data Sales Analysis
- 8.5.2. Asia Pacific by Segment Sales Analysis
- 8.5.3. Asia Pacific by Country Sales Analysis
- 8.5.4. China Sales Analysis
- 8.5.5. India Sales Analysis
- 8.5.6. Japan Sales Analysis
- 8.5.7. South Korea Sales Analysis
- 8.5.8. Australia Sales Analysis
- 8.5.9. South East Asia Sales Analysis
- 8.5.10. Rest Of Asia Pacific Sales Analysis
- 8.6. Latin America Sales Analysis
- 8.6.1. Overview, Historic and Forecast Data Sales Analysis
- 8.6.2. Latin America by Segment Sales Analysis
- 8.6.3. Latin America by Country Sales Analysis
- 8.6.4. Brazil Sales Analysis
- 8.6.5. Argentina Sales Analysis
- 8.6.6. Peru Sales Analysis
- 8.6.7. Chile Sales Analysis
- 8.6.8. Rest of Latin America Sales Analysis
- 8.7. Middle East & Africa Sales Analysis
- 8.7.1. Overview, Historic and Forecast Data Sales Analysis
- 8.7.2. Middle East & Africa by Segment Sales Analysis
- 8.7.3. Middle East & Africa by Country Sales Analysis
- 8.7.4. Saudi Arabia Sales Analysis
- 8.7.5. UAE Sales Analysis
- 8.7.6. Israel Sales Analysis
- 8.7.7. South Africa Sales Analysis
- 8.7.8. Rest Of Middle East And Africa Sales Analysis
9 . COMPETITIVE LANDSCAPE OF THE ASSISTED LIVING TECHNOLOGIES COMPANIES
- 9.1. Assisted Living Technologies Market Competition
- 9.2. Partnership/Collaboration/Agreement
- 9.3. Merger And Acquisitions
- 9.4. New Product Launch
- 9.5. Other Developments
10 . COMPANY PROFILES OF ASSISTED LIVING TECHNOLOGIES INDUSTRY
- 10.1. Company Share Analysis
- 10.2. Market Concentration Rate
- 10.3. Philips Healthcare
- 10.3.1. Company Overview
- 10.3.2. Company Revenue
- 10.3.3. Products
- 10.3.4. Recent Developments
- 10.4. Tunstall Healthcare Group
- 10.4.1. Company Overview
- 10.4.2. Company Revenue
- 10.4.3. Products
- 10.4.4. Recent Developments
- 10.5. Medtronic plc
- 10.5.1. Company Overview
- 10.5.2. Company Revenue
- 10.5.3. Products
- 10.5.4. Recent Developments
- 10.6. Siemens Healthineers
- 10.6.1. Company Overview
- 10.6.2. Company Revenue
- 10.6.3. Products
- 10.6.4. Recent Developments
- 10.7. Johnson & Johnson
- 10.7.1. Company Overview
- 10.7.2. Company Revenue
- 10.7.3. Products
- 10.7.4. Recent Developments
- 10.8. Honeywell International Inc.
- 10.8.1. Company Overview
- 10.8.2. Company Revenue
- 10.8.3. Products
- 10.8.4. Recent Developments
- 10.9. ResMed Inc.
- 10.9.1. Company Overview
- 10.9.2. Company Revenue
- 10.9.3. Products
- 10.9.4. Recent Developments
- 10.10. General Electric Company
- 10.10.1. Company Overview
- 10.10.2. Company Revenue
- 10.10.3. Products
- 10.10.4. Recent Developments
- 10.11. ADT Inc.
- 10.11.1. Company Overview
- 10.11.2. Company Revenue
- 10.11.3. Products
- 10.11.4. Recent Developments
- 10.12. Legrand SA
- 10.12.1. Company Overview
- 10.12.2. Company Revenue
- 10.12.3. Products
- 10.12.4. Recent Developments
- 10.13. 2PCS Solutions GmbH
- 10.13.1. Company Overview
- 10.13.2. Company Revenue
- 10.13.3. Products
- 10.13.4. Recent Developments
- 10.14. Assisted Living Technologies Inc.
- 10.14.1. Company Overview
- 10.14.2. Company Revenue
- 10.14.3. Products
- 10.14.4. Recent Developments
- 10.15. Alcove
- 10.15.1. Company Overview
- 10.15.2. Company Revenue
- 10.15.3. Products
- 10.15.4. Recent Developments
- 10.16. Televic
- 10.16.1. Company Overview
- 10.16.2. Company Revenue
- 10.16.3. Products
- 10.16.4. Recent Developments
- 10.17. Bay Alarm Medical
- 10.17.1. Company Overview
- 10.17.2. Company Revenue
- 10.17.3. Products
- 10.17.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies