Assisted Living Technologies: Market Research Report

January 2015 | 205 pages | ID: AD4C70EE8B9EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Assisted Living Technologies in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2014 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 84 companies including many key and niche players such as -

• Assisted Living Technologies, Inc.
• CareTech AB
• Chubb Community Care
• GreenPeak Technologies BV
• Koninklijke Philips N.V

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Assisted Living Technologies (ALT) - A Prelude
The Convergence of Telecare, Telehealth, and Smart Homes
Current and Future Analysis
Technological Advancements Foster Market Growth
Institutional Segment Dominates, While Residential to Witness Faster Growth
Developed Regions Dominate the ALT Market, Developing Exhibit Faster Growth

Table 1. Market Share of Developed Regions in the Global Assisted Living Technologies Market: 2015E (includes corresponding Graph/Chart)

Table 2. Growth of Developing Regions Vis-à-Vis Developed Regions: 2014-2020 (includes corresponding Graph/Chart)

Table 3. Per-Capita Healthcare Expenditure in Select Regions: 2014 (includes corresponding Graph/Chart)

Table 4. Healthcare Spending as a Percentage of GDP by Region: 2014 (includes corresponding Graph/Chart)

Competitive Landscape
Companies Focus on New Products that can be accessed on Standardized Platforms
Market Restraints

2. MARKET TRENDS, DRIVERS AND ISSUES

Ageing Population and Healthcare Spending Cutbacks Drive Market Growth
Opportunity Indicators
Rising Aging Population

Table 5. Global Population Statistics for the 65+ Age Group: 2014 (includes corresponding Graph/Chart)

Table 6. Life Expectancy by Select Countries: 2013 (includes corresponding Graph/Chart)

Increasing Incidence of Chronic Diseases

Table 7. Worldwide Prevalence of Diabetes Mellitus by Region (2014 & 2035) (includes corresponding Graph/Chart)

Table 8. Ten Countries with the Highest DM Cases (2014) (includes corresponding Graph/Chart)

Table 9. Worldwide Incidence of Cancer (2012, 2020 & 2030): Number of New Cases Diagnosed (includes corresponding Graph/Chart)

Table 10. World Cancer Incidence by Geographic Region and Gender (2012): Number of New Cancer Cases Reported (in Thousands) for Asia-Oceania, Europe, North America, Latin America & the Caribbean, and Africa (includes corresponding Graph/Chart)

‘From Public to Private Market’ – The Shift Made by Assisted Living Technologies
Digital Inclusion of Elderly and Disabled - Critical for ALT Market Success
Governments Backing Adoption of Assisted Living Technologies and Services
Technologies Aiding Healthcare at Home Succeed in a Big Way

3. TECHNOLOGICAL DEVELOPMENTS

Latest Technological Advancements in the ALT Market
Robotic Devices
Automated Wheelchairs
GPS-based Devices
Mobile Apps
Advanced Remote Monitoring Devices Connected to Smartphone Apps
Social Media, Exclusively for Seniors
Apps for Brain Exercises
Virtual Checkups
Fitness Trackers
Advanced Hospital Communication Systems
Software for Predicting and Preventing Falls
What the Future Holds in Technology?
Initiatives for Supporting Product Innovation
Some of the companies with their innovations under development include
Pixie Scientific
Life2
Jibo
Lift Hero
Lively
Tapestry
CareSolver

4. REGULATORY SCENARIO

MHRA Approval
CE Approval

5. PRODUCT OVERVIEW

Assisted Living Facilities – An Introduction
How are Assisted Living Facilities Different from Independent Living and Nursing Homes
Primary Characteristics of Assisted Living Community
Differing Care Levels
Unique Personality and Varying Sizes
Affordable Services
Managing Cultural Diversity
Amenities and Services Offered at Assisted Living Communities
Paying for Assisted Living
Assisted Living Technologies
Services/Products Covered Under Assisted Living Technologies
Active Vis-à-vis Passive Assistive Technologies
Assisted Living Technologies Market Users
Ethical Issues Concerning Assisted Living Technologies
Assisted Technology Products for Computer Operation

6. TECHNOLOGY/ PRODUCT INNOVATIONS

University of Trento Scientists Develop Smart Robotic Walker
Fujitsu Develops Technology for Motor Function Abnormalities Detection
Avanti Senior Living and Eldermark to Launch Electronic Records System for Providers of Senior Care
GreenPeak Unveils Smart PIR Sensor for Senior Lifestyle Systems
Netgear Launches LAN Solutions for Assisted Living and Other Medical Facilities
Panasonic to Introduce On4Today(tm) Tab-Based Tele healthcare Services
AT&T To Launch In-Home Monitoring Service for Eldercare
Zhone Launches Connected Heatlhcare Telecom Services for Assisted Living Communities
Independa Introduces Caregiver Mobile App for Senior Living Organizations and Others
STMicroelectronics and Tatung Launch UDK-21 for Smart Home Solutions
AT&T Forays into the Senior Care Market with EverThere Wearable Monitor
GreenPeak Launches Senior Lifestyle System Monitors
Chubb Launches CareUnity, a Carephone for Homecare for Seniors

7. RECENT INDUSTRY ACTIVITY

Legrand and Neat Enter into a Joint Venture Agreement
Kent State University Researchers Develop Fabric for Diabetic Socks for Foot Ulcers
LG Partners with Thrive Senior Living, Enters the Senior Care Market with Launch of Tech Solutions
Legrand Acquires Tynetec

8. FOCUS ON SELECT MAJOR PLAYERS

Assisted Living Technologies, Inc. (US)
CareTech AB (Sweden)
Chubb Community Care (UK)
GreenPeak Technologies BV (The Netherlands)
Koninklijke Philips N. V. (Netherlands)
OBS Medical Ltd. (UK)
Possum Ltd. (UK)
Telbios (Italy)
TeleAlarm SA (Switzerland)
Tunstall Healthcare (UK) Ltd. (UK)
Tyco Security Products (US)
Tynetec (UK)

9. GLOBAL MARKET PERSPECTIVE

Table 11. World Recent Past, Current & Future Analysis for Assisted Living Technologies by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 12. World Historic Review for Assisted Living Technologies by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

Table 13. World 14-Year Perspective for Assisted Living Technologies by Geographic Region - Percentage Breakdown of Dollar Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets for Years 2007, 2015 & 2020 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Current & Future Analysis

Table 14. North American Aging Population by Age Group: 1975-2050 (includes corresponding Graph/Chart)

Product Launches
Strategic Corporate Development
Select Key Players
B. Market Analytics

Table 15. The US Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 16. The US Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

2. CANADA

Market Analysis

Table 17. Canadian Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 18. Canadian Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Demographics Drive Market Growth

Table 19. Japanese Elderly (65+ Years) Population: 2000-2020 (includes corresponding Graph/Chart)

Product Launch
B. Market Analytics

Table 20. Japanese Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 21. Japanese Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Current & Future Analysis
Major Growth Drivers
Ageing Population – The Critical Indicator of Demand Growth

Table 22. Population Breakup by Age Group for Select European Countries: 2013 (as a Percentage of Total Population) (includes corresponding Graph/Chart)

The Ambient Assisted Living Joint Program
B. Market Analytics

Table 23. European Recent Past, Current & Future Analysis for Assisted Living Technologies by Geographic Region - France, Germany, Italy, UK, Spain and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 24. European Historic Review for Assisted Living Technologies by Geographic Region - France, Germany, Italy, UK, Spain and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

Table 25. European 14-Year Perspective for Assisted Living Technologies by Geographic Region - Percentage Breakdown of Dollar Revenues for France, Germany, Italy, UK, Spain and Rest of Europe Markets for Years 2007, 2015 & 2020 (includes corresponding Graph/Chart)

4A. FRANCE

Market Analysis

Table 26. French Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 27. French Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

4B. GERMANY

Market Analysis

Table 28. German Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 29. German Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

4C. ITALY

A. Market Analysis
Product Launch
Telbios – A Key Player
B. Market Analytics

Table 30. Italian Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 31. Italian Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includescorresponding Graph/Chart)

4D. THE UNITED KINGDOM

A. Market Analysis
Current & Future Analysis
Product Launch
Strategic Corporate Development
Select Key Players
B. Market Analytics

Table 32. The UK Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 33. The UK Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

4E. SPAIN

Market Analysis

Table 34. Spanish Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 35. Spanish Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

4F. REST OF EUROPE

A. Market Analysis
Product Launches
Strategic Corporate Development
Select Key Players
B. Market Analytics

Table 36. Rest of Europe Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 37. Rest of Europe Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Ageing Population in China

Table 38. China - The Most Populous Country Worldwide (July 2013): Total Population (in Millions) by Age Group 0-14 Years, 15-44 Years, 45-64 Years, and 65+ Years for China Vis-a-Vis Other Countries (includes corresponding Graph/Chart)

Table 39. China - The Most Populous Country Worldwide (July 2013): Percentage Population by Age Group 0-14 Years, 15-44 Years, 45-64 Years, and 65+ Years for China Vis-a-Vis Other Countries (includes corresponding Graph/Chart)

B. Market Analytics

Table 40. Asia-Pacific Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 41. Asia-Pacific Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

6. REST OF WORLD

Market Analysis

Table 42. Rest of World Recent Past, Current & Future Analysis for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 43. Rest of World Historic Review for Assisted Living Technologies Analyzed with Annual Revenue Figures in US$ Million for Years 2007 through 2013 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 84 (including Divisions/Subsidiaries - 88)
The United States (23)
Canada (1)
Europe (56)
  The United Kingdom (36)
  Italy (3)
  Rest of Europe (17)
Asia-Pacific (Excluding Japan) (4)
Latin America (1)
Africa (2)
Middle East (1)