North America Ambient Assisted Living Market Size & Outlook
North America ambient assisted living market, 2017-2030 (US$M)
Related Markets
North America ambient assisted living market highlights
- The North America ambient assisted living market generated a revenue of USD 3,384.2 million in 2023.
- The market is expected to grow at a CAGR of 25.1% from 2024 to 2030.
- In terms of segment, safety and security was the largest revenue generating product in 2023.
- Telemonitoring is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,384.2 million |
| Market revenue in 2030 | USD 16,272.8 million |
| Growth rate | 25.1% (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 |
| Key market players worldwide | 2PCS Solutions, Assisted Living Technologies, Alcove, Televic, Bay Alarm Medical, ADT Inc, Legrand SA, EnOcean Alliance |
Other key industry trends
- In terms of revenue, North America region accounted for 45.6% of the global ambient assisted living market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,185.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Ambient Assisted Living Market Scope
Ambient Assisted Living Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 26.17% in 2023. Horizon Databook has segmented the North America 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.
Reasons to subscribe to North America ambient assisted living market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America ambient assisted living market databook
-
Our clientele includes a mix of ambient assisted living market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America ambient assisted living market, including forecasts for subscribers. This continent databook contains high-level insights into North America ambient assisted living market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America ambient assisted living market report size, by country, 2017-2030 (US$M)
North America Ambient Assisted Living Market Share, 2023 & 2030 (US$M)
Related regional statistics
No records
No related regions found.
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
