Report Scope
This report focuses on the global market for long-term care and home healthcare technologies used in elder care, specifically home tele-health and safety monitoring. The report provides an updated review of elder care technologies including types and applications. This report does not include the most common assistive devices (e.g., vision, hearing and daily living aids). Instead, it focuses on information and communication technologies. The report analyzes the current trends, drivers and challenges in long term care and home healthcare in regard to elder care.
The report also covers the market for long-term care and home healthcare technologies by end user and application. The end users for long-term care and home healthcare technologies are categorized as hospitals and nursing homes, home care organization, patients and their families. The report covers market application areas, such as monitoring, skilled nursing care, education and awareness and others (palliative, hospice care, rehabilitation therapy, etc.).
The scope of the study is global. BCC analyzes each market and its application, regulatory environment, new products, advancements and market projections. Also included in the report are relevant patent analyses and comprehensive profiles of companies that lead the long-term care and home healthcare technology industry. Many of the players in this industry deal with several different technologies discussed in this report. They include Philips Healthcare (part of Koninklijke Philips N.V.), Medtronic Plc., Honeywell Life Care Solutions (part of Honeywell International), Omron Healthcare, Inc. (part of Omron Corp.), Care Innovations, St. Jude Medical, Boston Scientific, Biotronik and Bosch Healthcare.
Report Includes
- 25 data tables and 15 additional tables
- An overview of the global market for long-term care and home healthcare technologies
- Analyses of global market trends with data from 2015, 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Coverage of the market for long-term care and home healthcare technologies by end user, application, and geographical region
- Discussion of how changing medical needs driven by an aging population, the necessity to cut costs in the delivery of care, and further adoption of technology and broadband connectivity by - seniors will accelerate future demand for remote monitoring devices and home safety technology
- Examination of the regulatory framework that controls the introduction of new remote monitoring devices in varied long-term-care settings
- Comprehensive company profiles of leading home healthcare technology companies including Philips Healthcare, Medtronic Plc., Honeywell Life Care Solutions, Omron Healthcare, Inc., Care Innovations, St. Jude Medical, Boston Scientific Corp., Biotronik SE & Co. KG and Bosch Healthcare
Summary
It's a well-known fact that the global population is aging. More precisely, there are an increasing number of seniors in the total population. According to the 2017 World Population Data Sheet from the Population Reference Bureau, July 2017, REDACTED of the world population is aged 65 and above. In more developed parts of the world, the percentage was as high as REDACTED including REDACTED in Japan and REDACTED in the United States. The large and growing geriatric population worldwide is fueling the demand for elder health care products and technologies.
Elder care technologies are broadly defined as products and systems that increase the health status and quality of life for seniors. In this report, elder care technologies include two groups of monitoring systems: home tele-health and safety monitoring. Home tele-health is the use of technology to deliver care in a patient's place of residence. Home tele-health includes monitoring of the patient's physiological parameters and symptoms as well as education about the patient's condition. Using home tele-health, a senior can stay connected to a healthcare professional or caregiver from home, using regular telephone lines, the internet and cellphones. In this report, safety monitoring systems represent the intersection of high-tech gadgetry and medicine to maintain the well-being of seniors at home or on the go. Mr. H. Roshan (a physiotherapist from Ahmed Orthopedic Hospital) says, "Various safety aids have given advantages to older patients who are bedridden due to certain health problems." In this study, safety monitoring technologies include assist-call devices, medication management products, wander management systems, fall management devices, smart home systems and robotically enhanced mobility assistance devices. These technologies increase, maintain and improve the functional capabilities, independence and safety of seniors.
The elder care technology industry consists of several players of all sizes, including large global companies, small regional players, tiny startup companies and universities. These include AMC Health, BioTelemetry, Inc., Boston Scientific, Biotronik SE & Co. KG, Bosch Healthcare, Care Innovations, LLC, Honeywell Life Care Solutions (part of Honeywell International), LifeWatch AG, Medtronic Plc., Omron Healthcare, Inc. (part of Omron Corp.), Philips Healthcare (part of Koninklijke Philips N.V.), St. Jude Medical, Inc., VRI, Inc. and many more.
Given the growing number of seniors, increasing life-expectancy, skyrocketing healthcare costs, growing shortage of healthcare professionals and caregivers and seniors' preference to age in place (lead an independent and active life as long as possible), the market for elder care technologies including home tele-health and safety monitoring is growing at an exponential rate. The demand for more practical and affordable elder care technologies to enhance the quality and efficiency of care is growing worldwide. According to BCC Research, the global market for elder care technology products is expected to attain revenue of REDACTED by 2022, growing at a compound annual growth rate (CAGR) of REDACTED. A
previous report projected the global market for elder care technology products to grow at a CAGR of REDACTED through 2020.
Technologies for Long-term Care and Home Healthcare: Global Markets
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Definitions
Caregivers
Hospice Center
Palliative Care
Rehabilitation
Introduction
Elder Care Technologies and Related Markets
Health Information Technology
Remote Patient Monitoring
Mobile Health
Assistive Devices
Home Safety
Home Tele-Health
Safety Monitoring
Wander Management Technology
Smart-Home Technology
Medication Management Technology
Smart Mobility Technology
Demographics
Chapter 4 Market Breakdown by Technology Type
Global Elder Care Technologies Market by Technology Type
Market Share
Elder Care Home Tele-Health Technologies
Elder Care Safety-Monitoring Technologies
Chapter 5 Market Breakdown by End User
Hospitals and Nursing Homes
Home Care Organizations
Patients and Their Families
Global Elder Care Technologies Market by End User
Market Overview
Market Revenue
Market Share
Elder Care Home Tele-Health Technologies
Market Overview
Market Revenue
Elder Care Safety Monitoring Technologies
Market Overview
Market Revenue
Chapter 6 Market Breakdown by Application
Global Market for Elder Care Technology by Application
Market Overview
Market Revenue
Market Share
Elder Care Home Tele-Health Technologies
Market Overview
Market Revenue
Elder Care Safety Monitoring Technologies
Market Overview
Market Revenue
Chapter 7 Market Breakdown by Region
Market Revenue
Market Share
Regional Market Breakdown by Technology Type
Elder Care Home Tele-Health
Elder Care Safety Monitoring
North American Elder Care Safety Monitoring Market by Technology Type
European Elder Care Safety Monitoring Market by Technology Type
Emerging Market for Elder Care Safety Monitoring by Technology Type
Chapter 8 Industry Structure
Home Tele-Health
Safety Monitoring
Chapter 9 Patent Review and New Developments
Patents by Year
Patents by Type
Patents by Company
Patents by Country
Patents by Assignee
New Products and Developments
Regulatory Aspects
United States Regulations
Premarket Notification 510K
Premarket Approval
Technical Standards
National Electrical Code Standards
Federal Communications Commission Regulation
Chapter 10 Analysis of Market Opportunities
Factors Affecting Long-term Care and The Home Healthcare Market
Drivers of Long-term Care and the Home Health Care Market
Current Challenges for the Long-term Care and Home Health Care Market
Chapter 11 Company and Other Organization Profiles
210 INNOVATIONS, LLC
A&D MEDICAL
ABBOTT
ACCUTECH
AEROTEL MEDICAL SYSTEMS
AIDCALL
ALARMFORCE INDUSTRIES, INC.
ALERT ONE SERVICES, LLC
ALIMED, INC.
ALIVE TECHNOLOGIES PTY., LTD.
ALZHEIMER'S ASSOCIATION
AMCEST NATIONWIDE MONITORING
AMC HEALTH
APPLIED AI SYSTEMS, INC.
ARTERIC
AUSTCO COMMUNICATION SYSTEMS PTY., LTD.
BEST TELEPRODUKTER AB
BIOROBOTICS LAB
BIOTELEMETRY, INC.
BIOTRONIK SE & CO. KG
BL HEALTHCARE, INC.
BODYTEL GMBH
BOSTON SCIENTIFIC CORP.
BRICKHOUSE SECURITY
BROOMWELL HEALTHWATCH
BUDDI, LTD.
CAMBRIDGE CONSULTANTS, INC.
CARE2WEAR A/S
CARECOACH CORP.
CARE ELECTRONICS, INC.
CARE INNOVATIONS, LLC
CAREMATIX, INC.
CARE TRAK, INTL.
CHUBB FIRE & SECURITY, LTD.
CISCOR, INC.
COMPUMED, INC.
CONTINUITY HEALTH SOLUTIONS
CORNELL COMMUNICATIONS, INC.
CURBELL MEDICAL PRODUCTS, INC.
CYBERDYNE, INC.
DATABASE SYSTEMS CORP.
DIGITAL CARE SYSTEMS, INC.
EDEVICE
ELPAS SOLUTIONS, LTD.
EOCENE HEALTH SYSTEMS
E-PILL, LLC
FORA CARE, INC.
FREEUS, LLC
GECKOSYSTEMS, INTL. CORP.
GLOBAL ASSISTIVE DEVICES, INC.
GRANDCARE SYSTEMS, LLC
GREATCALL
H3 SYSTEM
HERITAGE MEDCALL, INC.
HMD BIOMEDICAL, INC.
HOME FOR LIFE SOLUTIONS
HONDA MOTOR CO., LTD.
HONEYWELL LIFE CARE SOLUTIONS
IDEAL LIFE, INC.
IGEACARE SOLUTIONS, INC.
INNOVATIVE PRODUCT SOURCE, LLC
INRANGE SYSTEMS
INTERCALL SYSTEMS, INC.
INTER PAGE WIRELESS, INC.
INTOUCH TECHNOLOGIES, INC.
INTRAMED A/S
I-SENS, INC.
KISS INSTITUTE FOR PRACTICAL ROBOTICS
LIFESCAN, INC.
LIFEWATCH AG
LOGICMARK, LLC
MAESTROS MEDILINE SYSTEMS, LTD.
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
MEDIC4ALL SERVICES
MEDCENTER SYSTEMS, LLC
MEDMINDER SYSTEMS, INC.
MEDPAGE LIMITED T/A EASYLINK UK
MEDREADY, INC.
MEDTRONIC PLC.
MEDVIVO GROUP, LTD.
MIR MEDICAL INTERNATIONAL RESEARCH USA, INC.
MIRCOM
MOBILEHELP
MOKED ENOSH, INTL., LTD.
MYTREX INC. DBA RESCUE ALERT
NANTHEALTH
NMT, INC.
NONIN MEDICAL, INC.
NSPIRE HEALTH, INC.
NUMERA
NUMEREX CORP.
NURSE ASSIST, INC.
OBS MEDICAL, LTD.
OMRON HEALTHCARE, INC.
ORANGE HEALTHCARE
OREGON HEALTH & SCIENCE UNIVERSITY
OY EVERON AB
PANASONIC CORP.
PERSONAL SAFETY CORP.
PHILIPS HEALTHCARE
PHILIPS LIFELINE
POLYMAP WIRELESS, LLC
POSIFON AB
POSEY PRODUCTS, LLC
RAULAND-BORG CORP.
RDSM N.V.
REWALK ROBOTICS, LTD.
RF TECHNOLOGIES, INC.
ROBOTIC, PERCEPTION AND REAL TIME GROUP
ROCHE DIAGNOSTICS
RONDISH CO., LTD.
SCOTTCARE CORP.
SECURE CARE PRODUCTS LLC
SHL TELEMEDICINE
SILVERSPHERE, INC.
SKIL-CARE CROP.
SMART CAREGIVER CORP.
SMART HOMES
SMARTLINK, INTERNATIONAL
SOTERA WIRELESS, INC.
SPACELABS HEALTHCARE
SRI INTERNATIONAL
STATUS SOLUTIONS
ST. JUDE MEDICAL, INC.
SYSTEMS TECHNOLOGIES, INC.
TABSAFE MEDICAL SERVICES, INC.
TECHMEDIC INTERNATIONAL B.V.
TECH WORKS, INC.
TEKTONE SOUND & SIGNAL MFG., INC.
TELUS
TMSUK UK, LTD.
TOPCHAIR SAS
TRIVIDIA HEALTH, INC.
TUNSTALL HEALTHCARE (UK), LTD.
TYCO SIMPLEXGRINNELL LP
TYNETEC, LTD.
ULTIMATE SAFETY, INC.
UNIVERSITY OF FLORIDA GATOR-TECH SMART HOUSE PROJECT (GTSH)
UNIVERSITY OF MISSOURI CENTER FOR ELDERCARE AND REHABILITATION TECHNOLOGY
UNIVERSITY OF TRENTO
VAICA MEDICAL LTD.
VIGIL HEALTH SOLUTIONS, INC.
VISIPLEX, INC.
VITALOGRAPH, INC.
VITAPHONE GMBH
VITEL NET
VIVIFY HEALTH, INC.
VODAFONE GROUP PLC
VRI, INC.
WATCHMINDER
Chapter 12 Appendix: List of Abbreviations
List of Tables
Summary Table : Global Elder Care Technologies Market, by Technology Type, Through 2022
Table 1 : Total Global Population, by Broad Age Groups for Selected Geographic Region, 2016
Table 2 : Total Global Population, by Broad Age Groups for Selected Geographic Region, 2020
Table 3 : Total Global Population, by Broad Age Groups for Selected Geographic Region, 2030
Table 4 : Global Elder Care Technologies Market, by Technology Type, Through 2022
Table 5 : Global Elder Care Technologies Market Share, by Technology Type, 2016
Table 6 : Global Elder Care Home Tele-Health Market, Through 2022
Table 7 : Global Elder Care Safety Monitoring Market, Through 2022
Table 8 : Global Elder Care Safety Monitoring Market, by Technology Type, Through 2022
Table 9 : Global Assist-Call Market, by Technology Type, Through 2022
Table 10 : Global Elder Care Smart Home Technologies Market, Through 2022
Table 11 : Global Elder Care Smart Mobility Market, Through 2022
Table 12 : Global Elder Care Technologies Market, by End User, Through 2022
Table 13 : Global Elder Care Technologies Market Share, by End User, 2016
Table 14 : Global Elder Care Home Tele-Health Technologies Market, by End User, Through 2022
Table 15 : Global Elder Care Safety Monitoring Technologies Market, by End User, Through 2022
Table 16 : Global Elder Care Technologies Market, by Application, Through 2022
Table 17 : Global Elder Care Technologies Market Share, by Application, 2016
Table 18 : Global Elder Care Home Tele-Health Market, by Application, Through 2022
Table 19 : Global Elder Care Safety Monitoring Market, by Application, Through 2022
Table 20 : Percent of Population Ages 65+ in July 2017
Table 21 : Global Elder Care Technologies Market, by Region, Through 2022
Table 22 : Global Elder Care Technologies Market Share, by Region, 2016
Table 23 : Global Elder Care Home Tele-Health Market, by Region, Through 2022
Table 24 : Global Elder Care Safety Monitoring Market, by Region, Through 2022
Table 25 : North American Elder Care Safety Monitoring Market, by Technology Type, Through 2022
Table 26 : European Elder Care Safety Monitoring Market, by Technology Type, Through 2022
Table 27 : Emerging Elder Care Safety Monitoring Market, by Technology Type, Through 2022
Table 28 : Key Players in Elder Care Home Tele-Health Market, 2017
Table 29 : Key Players in Elder Care Safety Monitoring Market, 2017
Table 30 : Companies/Organizations, by Technology Segment
Table 31 : Number of Patents, by Year, January 2015-December 2017
Table 32 : Number of Patents, by Type, January 2015-December 2017
Table 33 : Number of Patents, by Company, January 2015-December 2017
Table 34 : Number of Patents, by Country, January 2015-December 2017
Table 35 : Patent Share, by Country, January 2015-December 2017
Table 36 : Number of Patents, by Assignee, January 2015-December 2017
Table 37 : New Developments in Long-term Care and Home Healthcare Technology, January 2015-December 2017
Table 38 : Mergers and Acquisitions of Long-term Care and Home Healthcare Technology Companies, January 2015-December 2017
Table 39 : Abbreviations Used in Elder Care Technologies
List of Figures
Summary Figure : Global Elder Care Technologies Market, by Technology Type, 2015-2022
Figure 1 : Global Elder Care Technologies Market, by Technology Type, 2015-2022
Figure 2 : Global Elder Care Technologies Market Share, by Technology Type, 2016
Figure 3 : Global Elder Care Home Tele-Health Market, 2015-2022
Figure 4 : Global Elder Care Safety Monitoring Market, 2015-2022
Figure 5 : Global Elder Care Safety Monitoring Market, by Technology Type, 2015-2022
Figure 6 : Global Assist-Call Market, by Technology Type, 2015-2022
Figure 7 : Global Elder Care Smart Home Technologies Market, 2015-2022
Figure 8 : Global Elder Care Smart Mobility Market, 2015-2022
Figure 9 : Global Elder Care Technologies Market, by End User, 2015-2022
Figure 10 : Global Elder Care Technologies Market Share, by End User, 2016
Figure 11 : Global Elder Care Home Tele-Health Technologies Market, by End User, 2015-2022
Figure 12 : Global Elder Care Safety Monitoring Technologies Market, by End User, 2015-2022
Figure 13 : Global Elder Care Technologies Market, by Application, 2015-2022
Figure 14 : Global Elder Care Technologies Market Share, by Application, 2016
Figure 15 : Global Elder Care Home Tele-Health Market, by Application, 2015-2022
Figure 16 : Global Elder Care Safety Monitoring Market, by Application, 2015-2022
Figure 17 : Global Elder Care Technologies Market, by Region, 2015-2022
Figure 18 : Global Elder Care Technologies Market Share, by Region, 2016
Figure 19 : Global Elder Care Home Tele-Health Market, by Region, 2015-2022
Figure 20 : Global Elder Care Safety Monitoring Market, by Region, 2015-2022
Figure 21 : North American Elder Care Safety Monitoring Market, by Technology Type, 2015-2022
Figure 22 : European Elder Care Safety Monitoring Market, by Technology Type, 2015-2022
Figure 23 : Emerging Elder Care Safety Monitoring Market, by Technology Type, 2015-2022
Figure 24 : Number of Patents, by Year, January 2015-December 2017
Figure 25 : Number of Patents, by Type, January 2015-December 2017
Figure 26 : Number of Patents, by Company, January 2015-December 2017
Figure 27 : Number of Patents, by Country, January 2015-December 2017
Figure 28 : Patent Shares, by Country, January 2015-December 2017
Figure 29 : Number of Patents, by Assignee, January 2015-December 2017
Global Home Health Care Market Growth (Status and Outlook) 2023-2029
Published: 04-Dec-2023 Price: US 3660 Onwards Pages: 129
According to our LPI (LP Information) latest study, the global Home Health Care market size was valued at US$ 309920 million in 2022. With growing demand in downstream market, the Home Health Care is forecast to a readjusted size of US$ 486360 million by 2029 with a CAGR of 6.6% during review period.
The research report highlights the growth potential of the global Home Health Care market. Home Health Care are expected to show stable growth in the future market. However, product differen......
Global Home Health Care Market 2023 by Company, Regions, Type and Application, Forecast to 2029
Published: 30-Nov-2023 Price: US 3480 Onwards Pages: 128
According to our (Global Info Research) latest study, the global Home Health Care market size was valued at USD 325980 million in 2022 and is forecast to a readjusted size of USD 494520 million by 2029 with a CAGR of 6.1% during review period.
Home health care is a diversified industry which includes home nursing care, infusion services, companion care, and others. Home healthcare is particularly referred as home medical care. Home health care generally involves helping geriatric people ......
Global Home Health Care Supply, Demand and Key Producers, 2023-2029
Published: 30-Nov-2023 Price: US 4480 Onwards Pages: 139
The global Home Health Care market size is expected to reach $ 494520 million by 2029, rising at a market growth of 6.1% CAGR during the forecast period (2023-2029).
Global key players of home health care include Fresenius, Medtronic, Abbott, etc. The top three players hold a share over 3%.
North America is the largest market, has a share about 43%, followed by Europe, and Asia-Pacific, with share 29% and 21%, separately.
In terms of product type, services is the largest segme......
Home Health Care Market, Global Outlook and Forecast 2023-2029
Published: 27-Nov-2023 Price: US 3250 Onwards Pages: 126
This research report provides a comprehensive analysis of the Home Health Care market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Home Health Care market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Home Health Care, challenges faced by the industry, and potential opportunities for market players.
The global Home Health Care market ha......
2023-2031 Report on Global Home Healthcare Market by Player, Region, Type, Application and Sales Channel
Published: 20-Nov-2023 Price: US 2500 Onwards Pages: 124
This report studies the Home Healthcare market, covering market size for segment by type (Therapeutic Products, Diagnostic Products, etc.), by application (Online Channel, Offline Channel, etc.), by sales channel (Direct Channel, Distribution Channel), by player (3M Healthcare, A&D Medical, Abbott Laboratories, Acelity, Air Liquide, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis o......
Global Home Health Care Market Insights, Forecast to 2029
Published: 10-Oct-2023 Price: US 4900 Onwards Pages: 188
The global Home Health Care market is projected to grow from US$ 109.8 billion in 2023 to US$ 171.23 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 7.68% during the forecast period.
The North America market for Home Health Care is estimated to increase from $ 48487 million in 2023 to reach $ 73315 million by 2029, at a CAGR of 7.13% during the forecast period of 2024 through 2029.
The China market for Home Health Care is estimated to increase from $ 6796 millio......
Global Home Healthcare Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
Published: 05-Sep-2023 Price: US 3380 Onwards Pages: 126
Market Overview of Global Home Healthcare market:
According to our latest research, the global Home Healthcare market looks promising in the next 5 years. As of 2022, the global Home Healthcare market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
Home healthcare is a diversified industry which includes home nursing care, infusion services, companion care, and others. Home healthcare is part......
Global Home Health Care Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
Published: 29-Aug-2023 Price: US 3380 Onwards Pages: 109
Market Overview of Global Home Health Care market:
According to our latest research, the global Home Health Care market looks promising in the next 5 years. As of 2022, the global Home Health Care market was estimated at USD 362524.02 million, and it's anticipated to reach USD 498113.0 million in 2028, with a CAGR of 5.44% during the forecast years.
At its basic level, "family care" means its exact meaning - providing health care in the patient's home. Family health care can ......
Global Home Healthcare Market Insights, Forecast to 2029
Published: 14-Aug-2023 Price: US 4900 Onwards Pages: 91
Home health care is a diversified industry which includes home nursing care, infusion services, companion care, and others. Home healthcare is particularly referred as home medical care. Home health care generally involves helping geriatric people to recover from an illness or injury and live independently for as long as possible. Home health care includes occupational & physical therapy, speech therapy, and skilled nursing. It may involve helping older adults with activities of daily living, li......
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