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 report comprises of key players profiles namely consignment, price, revenue, profit interview records and sources of distribution. It helps clients get a better analysis of their competitors. In addition, it encompasses the regions and countries across the world and depicts the regional outlook, market size, volume, value and price data.
The Ambient Assisted Living(AAL) market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Global market, the following companies are covered:
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 by Product Type
Safety and Security System
Communication System
Medical Assistance System
Power Management System
Entertainment System
Transportation System
Communication System
Others
Market Segment by Application
Customization & Renovation
Installation & Repair
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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(AAL) market for the forecast period 2020 - 2025?
• What are the driving forces in the Ambient Assisted Living(AAL) market for the forecast period 2020 - 2025?
• 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(AAL) 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?