
Smart Home Healthcare Market by Products (Health & Wellness Applications, Medical Alert Systems, Remote Patient Monitoring Devices), Technology (Wired System, Wireless System), Service, Application - Global Forecast 2024-2030
Description
Smart Home Healthcare Market by Products (Health & Wellness Applications, Medical Alert Systems, Remote Patient Monitoring Devices), Technology (Wired System, Wireless System), Service, Application - Global Forecast 2024-2030
The Smart Home Healthcare Market size was estimated at USD 27.06 billion in 2023 and expected to reach USD 31.21 billion in 2024, at a CAGR 16.10% to reach USD 76.98 billion by 2030.
Smart Home Healthcare refers to integrating advanced technologies within home environments to facilitate monitoring, management, and delivery of healthcare services. This interdisciplinary field combines smart homes in intelligent home care and healthcare. Environments practices to enhance the efficiency, accessibility, and effectiveness of medical care. It encompasses many devices and systems, such as wearable health monitors, sensors embedded in living spaces, and intelligent medical devices, all interconnected through the Internet of Things (IoT). These tools work synergistically to collect health-related data, provide real-time feedback, and enable remote consultations with health professionals. An increasing elderly population and growing consumer awareness and concern for health and wellness fuel demand for smart home healthcare technologies. However, overcoming the challenges of integrating diverse devices and platforms to work cohesively may become challenging. Nevertheless, leveraging big data analytics for personalized care plans, predictive health management, and innovation in remote diagnostic procedures and intervention methods that provide care in real-time creates potential opportunities for market growth.
Please Note: PDF & Excel + Online Access - 1 Year
Table of Contents
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing acceptance of smart wearable devices and health monitoring apps among consumers
- 5.1.1.2. Prevalence of chronic diseases, and growing aging population demands for personalized healthcare solutions
- 5.1.1.3. Government initiatives propelling the growth of telehealth and mobile health applications
- 5.1.2. Restraints
- 5.1.2.1. Lack of standardization in device communication and interoperability issues
- 5.1.3. Opportunities
- 5.1.3.1. Growing innovation and investment in predictive analytics and machine learning algorithm
- 5.1.3.2. Rising collaborations and alliance among players for expanding wellness and prevention through lifestyle management tools
- 5.1.4. Challenges
- 5.1.4.1. High cost of smart home healthcare devices
- 5.2. Market Segmentation Analysis
- 5.2.1. Products: Burgeoning adoption of medical alert systems becomes critical to ensure seniors receive timely medical attention when needed
- 5.2.2. Technology: Proliferating utilization of wireless systems offering convenience and adaptability
- 5.2.3. Service: Rising adoption of installation and repair services in smart home healthcare
- 5.2.4. Application: Evolving usage of health status monitoring, which is essential for proactive healthcare management
- 5.3. Market Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 6. Smart Home Healthcare Market, by Products
- 6.1. Introduction
- 6.2. Health & Wellness Applications
- 6.3. Medical Alert Systems
- 6.4. Remote Patient Monitoring Devices
- 6.5. Smart Home Automation
- 6.6. Telehealth & Virtual Consultations
- 7. Smart Home Healthcare Market, by Technology
- 7.1. Introduction
- 7.2. Wired System
- 7.3. Wireless System
- 8. Smart Home Healthcare Market, by Service
- 8.1. Introduction
- 8.2. Installation & Repair
- 8.3. Renovation & Customization
- 9. Smart Home Healthcare Market, by Application
- 9.1. Introduction
- 9.2. Diet Monitoring
- 9.3. Fall Prevention & Detection
- 9.4. Health Status Monitoring
- 10. Americas Smart Home Healthcare Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Smart Home Healthcare Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Smart Home Healthcare Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. HouseWorks and Elite Home Health Care Agree to Partnership; Signifies HouseWorks’ Entrance Into New York
- 13.3.2. Best Buy Health and Mass General Brigham Collaborate to Meet Patients’ Growing Healthcare at Home Needs
- 13.3.3. Aberystwyth University To Launch Smart Home Lab
- 13.4. Strategy Analysis & Recommendation
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
- FIGURE 1. SMART HOME HEALTHCARE MARKET RESEARCH PROCESS
- FIGURE 2. SMART HOME HEALTHCARE MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. SMART HOME HEALTHCARE MARKET DYNAMICS
- FIGURE 7. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY PRODUCTS, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY PRODUCTS, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY SERVICE, 2023 VS 2030 (%)
- FIGURE 12. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY SERVICE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 14. GLOBAL SMART HOME HEALTHCARE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS SMART HOME HEALTHCARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS SMART HOME HEALTHCARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES SMART HOME HEALTHCARE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES SMART HOME HEALTHCARE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC SMART HOME HEALTHCARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC SMART HOME HEALTHCARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA SMART HOME HEALTHCARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA SMART HOME HEALTHCARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. SMART HOME HEALTHCARE MARKET SHARE, BY KEY PLAYER, 2023
- FIGURE 24. SMART HOME HEALTHCARE MARKET, FPNV POSITIONING MATRIX, 2023
Pricing
Currency Rates