North America Ambient Assisted Living Market Size, Share & Industry Trends Analysis Report By Product, By Country and Growth Forecast, 2022

List of Tables

The North America Ambient Assisted Living Market would witness market growth of 23.7% CAGR during the forecast period (2022-2028).

Ambient assisted living can be helpful in daily life. For instance, it can alert the user if they have left the food on the stove and forgot to switch it off. AAL can protect against burglary; turning the light off & on contextually. With the use of smart thermostat, it can set the temperature of the room with accordance to the user's preference and has capability of detecting smoke with smart smoke detectors.

AAL equipped with the self-learning systems has a network of sensors which fuse & elevate data, and aids in performing routine tasks. In addition, the system assists as per the user's age to resolve any issues.

According to the user's needs, the technology gets adopted. The usage of AAL is not only limited to the usage of older people. Others can also utilize it and enhance their way of living. Even doctors, nurses & other family members can use it to improve their communication and thus facilitates social interaction. The usage of AAL can provide many features.

In 2012, around one in seven Canadians was a senior, which is expected to jump to nearly one in four. Canada's retirement income system has three pillars: the Old Age Security (OAS) program, the Canada Pension Plan (CPP), and personal pensions or investments. These aids ensure Canadians maintain a basic standard of living in retirement. The OAS & CPP provided around $76 billion every year in fully indexed retirement income payments. With these initiatives, the number of low-income seniors in Canada has reduced from 21.4 % in 1980 to 5.2% in 2011. The pension initiatives for the financial betterment of old adults, joined with the rising number of older people, will increase the usage of the ambient assisted living tools and thus contribute to the growth of market in the North America region.

The US market dominated the North America Ambient Assisted Living Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,208.7 million by 2028. The Canada market is poised to grow at a CAGR of 26.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 25.4% during (2022 - 2028).

Based on Product, the market is segmented into Safety & Security, Communication Devices, Medical Assistance Products, Mobility, Telemonitoring, Compensatory Impairments, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Panasonic Corporation, ADT, Inc., EnOcean GmbH, 2PCS Solutions GmbH, Assisted Living Services, Inc. (Assisted Living Technologies, Inc.), Televic Group NV, Bay Alarm Medical (Bay Alarm Company), Sensara B.V., and LifeStation, Inc.

Scope of the Study

Market Segments covered in the Report:

By Product

Safety & Security
Communication Devices
Medical Assistance Products
Mobility
Telemonitoring
Compensatory Impairments
Others

By Country

US
Canada
Mexico
Rest of North America

Companies Profiled

Honeywell International, Inc.
Panasonic Corporation
ADT, Inc.
EnOcean GmbH
2PCS Solutions GmbH
Assisted Living Services, Inc. (Assisted Living Technologies, Inc.)
Televic Group NV
Bay Alarm Medical (Bay Alarm Company)
Sensara B.V.
LifeStation, Inc.

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Ambient Assisted Living Market, by Product
- 1.4.2 North America Ambient Assisted Living Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview

2.1 Introduction
- 2.1.1 Overview
  - 2.1.1.1 Market composition and Scenarios
2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints

Chapter 3. North America Ambient Assisted Living Market by Product

3.1 North America Safety & Security Market by Country
3.2 North America Communication Devices Market by Country
3.3 North America Medical Assistance Products Market by Country
3.4 North America Mobility Market by Country
3.5 North America Telemonitoring Market by Country
3.6 North America Compensatory Impairments Market by Country
3.7 North America Others Market by Country

Chapter 4. North America Ambient Assisted Living Market by Country

4.1 US Ambient Assisted Living Market
- 4.1.1 US Ambient Assisted Living Market by Product
4.2 Canada Ambient Assisted Living Market
- 4.2.1 Canada Ambient Assisted Living Market by Product
4.3 Mexico Ambient Assisted Living Market
- 4.3.1 Mexico Ambient Assisted Living Market by Product
4.4 Rest of North America Ambient Assisted Living Market
- 4.4.1 Rest of North America Ambient Assisted Living Market by Product

Chapter 5. Company Profiles

5.1 Panasonic Corporation
- 5.1.1 Company Overview
- 5.1.2 Financial Analysis
- 5.1.3 Segmental and Regional Analysis
- 5.1.4 Research & Development Expense
- 5.1.5 SWOT Analysis
5.2 Honeywell International, Inc.
- 5.2.1 Company Overview
- 5.2.2 Financial Analysis
- 5.2.3 Segmental and Regional Analysis
- 5.2.4 Research & Development Expenses
5.3 ADT, Inc.
- 5.3.1 Company Overview
- 5.3.2 Financial Analysis
- 5.3.3 Segmental Analysis
5.4 EnOcean GmbH
- 5.4.1 Company Overview
5.5 2PCS Solutions GmbH
- 5.5.1 Company Overview
5.6 Assisted Living Services, Inc. (Assisted Living Technologies, Inc.)
- 5.6.1 Company Overview
5.7 Televic Group NV
- 5.7.1 Company Overview
5.8 Bay Alarm Medical (Bay Alarm Company)
- 5.8.1 Company Overview
5.9 Sensara B.V.
- 5.9.1 Company Overview
5.10. LifeStation, Inc.
- 5.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Ambient Assisted Living Market, 2018 - 2021, USD Million
TABLE 2 North America Ambient Assisted Living Market, 2022 - 2028, USD Million
TABLE 3 North America Ambient Assisted Living Market by Product, 2018 - 2021, USD Million
TABLE 4 North America Ambient Assisted Living Market by Product, 2022 - 2028, USD Million
TABLE 5 North America Safety & Security Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Safety & Security Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Communication Devices Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Communication Devices Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Medical Assistance Products Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Medical Assistance Products Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Mobility Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Mobility Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Telemonitoring Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Telemonitoring Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Compensatory Impairments Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Compensatory Impairments Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Ambient Assisted Living Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Ambient Assisted Living Market by Country, 2022 - 2028, USD Million
TABLE 21 US Ambient Assisted Living Market, 2018 - 2021, USD Million
TABLE 22 US Ambient Assisted Living Market, 2022 - 2028, USD Million
TABLE 23 US Ambient Assisted Living Market by Product, 2018 - 2021, USD Million
TABLE 24 US Ambient Assisted Living Market by Product, 2022 - 2028, USD Million
TABLE 25 Canada Ambient Assisted Living Market, 2018 - 2021, USD Million
TABLE 26 Canada Ambient Assisted Living Market, 2022 - 2028, USD Million
TABLE 27 Canada Ambient Assisted Living Market by Product, 2018 - 2021, USD Million
TABLE 28 Canada Ambient Assisted Living Market by Product, 2022 - 2028, USD Million
TABLE 29 Mexico Ambient Assisted Living Market, 2018 - 2021, USD Million
TABLE 30 Mexico Ambient Assisted Living Market, 2022 - 2028, USD Million
TABLE 31 Mexico Ambient Assisted Living Market by Product, 2018 - 2021, USD Million
TABLE 32 Mexico Ambient Assisted Living Market by Product, 2022 - 2028, USD Million
TABLE 33 Rest of North America Ambient Assisted Living Market, 2018 - 2021, USD Million
TABLE 34 Rest of North America Ambient Assisted Living Market, 2022 - 2028, USD Million
TABLE 35 Rest of North America Ambient Assisted Living Market by Product, 2018 - 2021, USD Million
TABLE 36 Rest of North America Ambient Assisted Living Market by Product, 2022 - 2028, USD Million
TABLE 37 Key Information - Panasonic Corporation
TABLE 38 Key Information - Honeywell International, Inc.
TABLE 39 Key Information - ADT Inc.
TABLE 40 Key Information - EnOcean GmbH
TABLE 41 Key Information - 2PCS Solutions GmbH
TABLE 42 Key Information - Assisted Living Services, Inc.
TABLE 43 Key Information - Televic Group NV
TABLE 44 Key Information - Bay Alarm Medical
TABLE 45 Key Information - Sensara B.V.
TABLE 46 Key Information - LifeStation, Inc.

List of Figures

FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Panasonic Corporation

North America Ambient Assisted Living Market Size, Share & Industry Trends Analysis Report By Product, By Country and Growth Forecast, 2022 - 2028

Description

Table of Contents