Ambient Assisted Living (AAL) is an emerging multi-disciplinary field aiming at exploiting information and communication technologies in personal healthcare and telehealth systems for countering the effects of growing elderly population. AAL systems are developed for personalized, adaptive, and anticipatory requirements, necessitating high quality-of-service to achieve interoperability, usability, security, and accuracy.
It is a fact that the global population is increasing, and the overall age weighting is changing. This ongoing shift in aging population has increased the strain on healthcare resources.
Ambient assisted living (AAL) is one solution that could have a significant impact and has already resulted in a variety of European partnerships being established to research and fund AAL development.This expansion can be seen in terms of the increasing demand, and also as a result of improving technology to deliver compact and cost-effective solutions. The wider picture of smart home technology penetration is also a key component here.
The Ambient Assisted Living market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Ambient Assisted Living.
This report covers the present status and the future prospects of the global Ambient Assisted Living market for 2015-2026.
The report offers detailed coverage of Ambient Assisted Living industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Ambient Assisted Living by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Assisted Living Technologies, Inc. (U.S.),, Honeywell International, Inc. (U.S.), Siemens AG (Germany), Televic N.V. (Belgium), Chubb Community Care (U.K.), Panasonic Corporation (Japan), Telbios (Italy), Ingersoll Rand Plc. (Ireland), Legrand SA (France), ABB Group (Switzerland), Gnomon Informatics S.A. (Greece)
Market Segment as follows:
Market by Order Type
Safety and Security System
Communication System
Medical Assistance System
Power Management System
Entertainment System
Transportation System
Communication System
Others
Ambient Assisted Living Breakdown Data by Application
Customization & Renovation
Installation & Repair
Ambient Assisted Living market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Ambient Assisted Living market for the forecast period 2021 - 2026?
• What are the driving forces in the Ambient Assisted Living market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Ambient Assisted Living industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.