Smart Home Healthcare Market to Reach $11.22 Bn, Globally, by 2031 at 8.8% CAGR

Allied Market Research - Seite 2

Report Attribute

Details

Revenue forecast in 2030

$ 11.22 billion

Growth rate

CAGR of 8.8% from 2021 to 2031

Forecast period

2021 - 2031

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country scope

U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, South Korea, Australia, Brazil, Mexico, South Africa, Saudi Arabia

Key companies profiled

Abbott laboratories, Agatsa software Pvt Ltd, Apollo Global Management, Inc, Bay Alarm Medical, Connect America, Dexcom, Inc, F. Hoffman-La Roche AG, Qure4u, Medical Guardian LLC, Medtronic, Mytrex, Inc, Nureca Limited,Tunstall Group, Vital Connect, Withings., Sunfox Technologies Pvt Ltd, Mari Group.

The smart glucose monitoring system segment to maintain its lead position during the forecast period

Based on product, the smart glucose monitoring system segment accounted for the largest market share in 2021, contributing to around three-fourths of the global smart home healthcare market, and is projected to maintain its lead position during the forecast period. This is due to surge in diabetic patient base. However, the smart cardiac monitoring system segment is estimated to manifest the largest CAGR of 9.4% from 2022 to 2031. Rise in stress in day-to-day life led to increase in heart diseases. This, in turn, is estimated to result in the fastest growth of the segment. The report also analyzes the segments including medical device alert systems and others.