Home Health Technology Market Size, Share, Opportunities, And Trends By Solution (Wireless Health Devices, mHealth/Mobile Health, Telehealth, Electronic Health Records), And By Geography - Forecasts From 2025 to 2030

Description

Home Health Technology Market Size:

The Home Health Technology Market is anticipated to climb from USD 350.098 billion in 2025 to USD 514.647 billion by 2030, driven by an 8.01% CAGR.

Home health care technology refers to the health care provided to patients within the comforts of their homes using technological solutions. Technology plays an integral role in the current home healthcare system. The role of technology is not only to facilitate home healthcare within the overall healthcare system but also to bring about community-based independence among individuals. The technologies used in the home health care system include active technology and passive technology. Passive technology allows the ability to monitor the patient without him requiring to operate the required system. For instance cameras, sensors, and other technological solutions are embedded in the residential infrastructure. Whereas, active infrastructure aid in physical monitoring, safety, and monitoring of patient function and help in the detection of emergencies.

Moreover, the home health technology market is estimated to grow at a stable rate over the forecasted period. The growth in the market can be associated with the growing aging population and the increasing requirement for constant health monitoring. Moreover, the growing prevalence of chronic illnesses & other airborne diseases, growth of point-of-care services, and increasing adoption of health and wellness devices are expected to further augment the demand in the Global Home health technology market over the forecasted period.

Furthermore, the growing need to expand home healthcare access coupled with increasing healthcare expenditure globally is expected to provide market attractiveness over the forecasted period. However, pertinent patient safety concerns and the lack of availability of homecare personnel are expected to hamper growth in the global home health technology market.

Home Health Technology Market Driver:

• Health/MobileHealth to witness lucrative growth opportunities.

Telehealth has gained significant reaction over the last few years and is expected to grow at a significant rate over the forecasted period. The market growth can be attributed to advancements in technology coupled with the growing need for remote patient monitoring. Moreover, the mobile health or MHealth segment is projected to offer lucrative growth opportunities over the forecasted period. The growth in the market segment can be associated with the growing adoption of mobile technology worldwide.

Additionally, growing demand for the mobile health segment is facilitated by the ease of access provided by the platform in tracking steps, medications, glucose, and patient portals. Moreover, the growing demand for remote health care and rising independence in capturing and monitoring data is estimated to further drive demand in the market segment.

Home Health Technology Market Geographical Outlook:

• North American Region to hold dominant market share.

The North American region holds a notable market share and is anticipated to grow at a significant rate over the forecasted period. Owing to the rising presence of prominent market players, rising per capita income, widespread adoption of smart technologies, and growing geriatric population are expected to drive demand in-home health technology market in the region. Moreover, advancements in technology are the main catalyst driving growth in the market.

Home Health Technology Market Competitive Insights:

Companies in the home health technology market are adopting varied technological solutions to offer novel innovative product solutions catering to specific segments, thereby implementing various growth strategies to gain a competitive advantage over their competitors.

The Home Health Technology Market is analyzed into the following segments:

By Offering

• Hardware
• Software
• Services

By Technology

• Artificial Intelligence (AI)
• Internet of Things (IoT)
• Machine Learning
• Others

By Applications

• Remote Patient Monitoring
• Virtual Reality (VR) Therapy
• Wearable Devices
• mHealth
• Electronic Health Records
• Others

By Geography

• North America
  • USA
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Spain
  • Others
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • Others
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Thailand
  • Taiwan
  • Others

Table Of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. GLOBAL HOME HEALTH TECHNOLOGY MARKET BY OFFERING

5.1. Introduction

5.2. Hardware

5.3. Software

5.4. Services

6. GLOBAL HOME HEALTH TECHNOLOGY MARKET BY TECHNOLOGY

6.1. Introduction

6.2. Artificial Intelligence (AI)

6.3. Internet of Things (IoT)

6.4. Machine Learning

6.5. Others

7. GLOBAL HOME HEALTH TECHNOLOGY MARKET BY APPLICATIONS

7.1. Introduction

7.2. Remote Patient Monitoring

7.3. Virtual Reality (VR) Therapy

7.4. Wearable Devices

7.5. mHealth

7.6. Electronic Health Records

7.7. Others

8. GLOBAL HOME HEALTH TECHNOLOGY MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Offering

8.2.2. By Technology

8.2.3. By Application

8.2.4. By Country

8.2.4.1. USA

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Offering

8.3.2. By Technology

8.3.3. By Application

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Offering

8.4.2. By Technology

8.4.3. By Application

8.4.4. By Country

8.4.4.1. Germany

8.4.4.2. France

8.4.4.3. United Kingdom

8.4.4.4. Spain

8.4.4.5. Others

8.5. Middle East and Africa

8.5.1. By Offering

8.5.2. By Technology

8.5.3. By Application

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Offering

8.6.2. By Technology

8.6.3. By Application

8.6.4. By Country

8.6.4.1. China

8.6.4.2. India

8.6.4.3. Japan

8.6.4.4. South Korea

8.6.4.5. Indonesia

8.6.4.6. Thailand

8.6.4.7. Taiwan

8.6.4.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Zebra Technologies Corporation

10.2. Panasonic Corporation

10.3. AliveCor Inc.

10.4. Omron Healthcare, Inc.

10.5. Masimo Corporation

10.6. NeuroSky, Inc

10.7. Biotricity 

10.8. Apple Inc.

10.9. Medtronic Plc

10.10. Becton Dickinson and Company

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Companies Profiled

Zebra Technologies Corporation

Panasonic Corporation

AliveCor Inc.

Omron Healthcare, Inc.

Masimo Corporation

NeuroSky, Inc

Biotricity 

Apple Inc.

Medtronic Plc

Becton Dickinson and Company

Related Reports