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Industry News•In June 2016, Tunstall Healthcare Ltd announced that National charity Hft is using Tunstall connected care solutions for enhancing the peoples living with learning disabilities.
•In April 2016, Assisted Living Technologies, Inc. announced the collaboration with Connecticut Association for providing healthcare services at home.
Market Synopsis of Ambient Assisted Living Market
Market Scenario
Ambient Assisted Living refers to the highly advanced system for assistance to old people or physically disabled people who choose to live independently. This system provide assistance for better, safer and healthier life in the preferred environment. In the last few decades, ambient assisted living market has grown rapidly. Currently this market has been valued at US $XX billion which is expected to grow by US $XX billion during the forecasted period. Advancement of technologies and new products for smart house is giving the boost to this market and currently growing with the CAGR of XX%.
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Key players
The key players in the market of Ambient Assisted Living are-
• Assisted Living Technologies, Inc. (U.S.),
• Honeywell International, Inc. (U.S.),
• Siemens AG (Germany),
• Ingersoll Rand Plc. (Ireland),
• Legrand SA (France),
• ABB Group (Switzerland),
• Tunstall Healthcare Ltd. (U.K.),
• Chubb Community Care (U.K.),
• Televic N.V. (Belgium),
• Telbios (Italy).
Market Segmentation
Segmentation by Management System: Safety & Security Systems, Communication System, Medical Assistance system, Power Management System, Entertainment, among others.
Segmentation by Sensors: Temperature sensor, Occupancy Sensor among others.
Study Objective of Ambient Assisted Living Market
•To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Ambient Assisted Living Market
•To provide insights about factors affecting the market growth
•To analyze the hydroponics market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
•To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
•To provide country level analysis of the market with respect to the current market size and future prospective
•To provide country level analysis of the market for segment by system, by sensor and sub-segments.
•To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
Analysis also includes consumption. Import and export data for Regions North America, Europe, China, Japan, Southeast Asia, India.
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Regional Analysis
Currently North America is dominating the market of Ambient Assisted Living. A study shows that in the year 2012, the United States has more than 22,000 Ambient Assisted Living facilities which were accommodating more 700 thousand people. This feature has grown since the year 2000. Currently North America is responsible for XX% of market share followed by Europe which holds XX% of market share due to the aging population. Asia-Pacific holds XX% of market share where Japan is facing problem of aging population. One in four people of japan is above age of 65 which is driving the market of Ambient Assisted Living.
The market is divided into the following segments based on geography:
North America
• US
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• U.K
• Rest of Europe
Asia– Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Brazil
• Argentina
• Egypt
• South Africa Others
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Reasons to Purchase this report:
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the Ambient Assisted Living Market, high-growth regions, and market drivers, restraints, and opportunities
Key questions answered in this report
What will the market size be in 2027 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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