Independent living is a type of housing facility designed exclusively for older adults aged 60 years and above. The design of the house varies widely, from apartment-style living to single-family detached homes. The houses are equipped with all the essentials that help older people live independently with more straightforward navigation and no maintenance.
MARKET DYNAMICS
The individual living devices market growth is estimated to grow due to the growing developments in the medical device industry, growing geriatric population, and growing adopted of automated techniques. The market is expected to have vital growth opportunities in the developing regions.
MARKET SCOPE
The "Individual Living Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Individual Living Devices market with detailed market segmentation by product, and end user. The individual living devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in individual living devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The individual living devices market is segmented based on product, and end user. Based on product, the market is classified as self-monitoring devices, assistive devices, accessories and consumables, and software. And based on end user, the market is segmented as homecare settings, senior apartments/old age homes, and independent living centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Individual Living Devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SCAM). The individual living devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting individual living devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the individual living devices market in these regions.
MARKET PLAYERS
The report covers key developments in the individual living devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from individual living devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for individual living devices market in the global market. Below mentioned is the list of few companies engaged in the individual living devices market.
The report also includes the profiles of key players in individual living devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- EZ-ACCESS
- Toi Labs, Inc.
- Doro AB
- Koninklijke Philips N.V.
- GE Healthcare
- DJO Global
- FitBit
- Sonova Holding AG
- Invacare Corporation.
- B. Braun Melsungen AG
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.