Global Ambient Assisted Living Market Size & Outlook
Global ambient assisted living market, 2017-2030 (US$M)
Related Markets
Global ambient assisted living market highlights
- The global ambient assisted living market generated a revenue of USD 7,416.5 million in 2023 and is expected to reach USD 36,874.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 25.7% by 2030.
- In terms of segment, safety and security accounted for a revenue of USD 1,939.6 million in 2023.
- Telemonitoring is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,416.5 million |
| Market revenue in 2030 | USD 36,874.8 million |
| Growth rate | 25.7% (CAGR from 2023 to 2030) |
| Largest segment | Safety and security |
| Fastest growing segment | Telemonitoring |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Assistance Products, Safety and Security, Telemonitoring, Mobility, Communication Devices, Compensatory Impairments, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 45.6% of the global ambient assisted living market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 801.1 million by 2030.
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Ambient Assisted Living Market Scope
Ambient Assisted Living Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global ambient assisted living market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ambient assisted living market will help companies and investors design strategic landscapes.
Safety and security was the largest segment with a revenue share of 26.15% in 2023. Horizon Databook has segmented the Global ambient assisted living market based on medical assistance products, safety and security, telemonitoring, mobility, communication devices, compensatory impairments, other products covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Ambient Assisted Living Product Outlook (Revenue, USD Million, 2017-2030)
- Medical Assistance Products
- Safety and Security
- Telemonitoring
- Mobility
- Communication Devices
- Compensatory Impairments
- Other Products
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Target buyers of Global ambient assisted living market databook
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Our clientele includes a mix of ambient assisted living market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ambient assisted living market, including forecasts for subscribers. This global databook contains high-level insights into Global ambient assisted living market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global ambient assisted living market report size, by regions, 2017-2030 (US$M)
Top 10 countries: Ambient assisted living market report size, 2023 (US$M)
Global ambient assisted living market report share, by product, 2023 & 2030 (%, US$M)
Ambient assisted living market: Opportunity assessment by country
Global ambient assisted living market, by region, 2023 (US$M)
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