Latest news with #smarthealthcare
Zawya
19 hours ago
- Business
- Zawya
EHA, Konecta explore strategic partnership in digital transformation, smart healthcare
Egypt - Ahmed El-Sobky, Chairperson of the Egypt Healthcare Authority (EHA), met with Tawfik Kandil, General Manager of Konecta Egypt, and Safinaz El-Kattam, Chief Business Officer for the Middle East and Africa, to explore potential collaboration in the areas of digital transformation and smart healthcare solutions. El-Sobky emphasized that the meeting reflects the Authority's commitment to expanding strategic partnerships with leading global technology firms to drive innovation in Egypt's healthcare sector. He noted that this initiative supports the Authority's broader vision to upgrade its technological infrastructure and enhance service quality through advanced digital tools. He highlighted Konecta's role as a global leader in integrated technology solutions and system integration, with investments of approximately $200m globally, underscoring its capacity to deliver large-scale, high-impact projects. The discussions focused on potential areas of cooperation, including the development of integrated technology platforms to support the operation of smart healthcare facilities under the Universal Health Insurance System. A key proposal on the table was the establishment of an AI Center of Excellence within the Authority's facilities. The center would be designed to enhance clinical decision-making, support health data analytics, and elevate the quality of healthcare services provided to Egyptian citizens. El-Sobky reiterated the Authority's strategic focus on digital transformation and the integration of artificial intelligence as essential tools for delivering more efficient and effective healthcare. He affirmed the EHA's commitment to adopting the latest global technologies in order to keep pace with rapid advancements in digital health. Konecta Egypt General Manager Tawfik Kandil expressed the company's readiness to bring its global expertise and substantial investment capabilities to the partnership. He emphasized Konecta's focus on innovation and sustainability as the foundation for developing Egypt's digital health infrastructure. Globally recognized for its leadership in customer experience and digital services, Konecta combines human-centered solutions with cutting-edge AI technologies. With over 25 years of experience, the company recently expanded its operations in Egypt, where it has established a global Center of Excellence for Generative Artificial Intelligence. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Yahoo
21-05-2025
- Business
- Yahoo
Ambient Assisted Living Market Size to Reach USD 57.47 Billion by 2032 Growing at a CAGR of 26.27%
Global Ambient Assisted Living Market Growth is Driven by Aging Population and Smart Healthcare Integration. Austin, May 21, 2025 (GLOBE NEWSWIRE) -- Ambient Assisted Living Market Size & Growth Analysis: 'According to SNS Insider, The Ambient Assisted Living Market was valued at USD 6.58 billion in 2023, and by the year 2032, it will be USD 57.47 billion, with a CAGR of 26.27% between 2024 and 2032.' Ambient Assisted Living (AAL) systems integrate various intelligent technologies and services to assist elderly and disabled people to stay in their homes and communities safely and independently. The global geriatric population, increasing prevalence of chronic disease, and care delivery model focus on patient-centric care are driving the market growth. Facilitated by government efforts to digitise healthcare infrastructure and growing demand for services like telemedicine and availability of real-time health data and smart homes, the adoption is being powered by both developed as well as developing a Sample Report of Ambient Assisted Living Market@ The U.S ambient assisted living market was valued at USD 2.04 billion in 2023, and is anticipated to reach USD 17.55 billion by 2032, witnessing a CAGR of 26.06% during 2024 - 2032. The U.S. was the largest global AAL market in 2023 due to high healthcare expenditure, a growing geriatric populace (expected to surpass 80 million by 2040), and increasing adoption of AI-powered health and safety technologies. In-home support for seniors has seen huge growth with government programs such as the Older Americans Act and Medicare-funded homecare solutions, which are now stealing a march on the provision of remote monitoring, fall detection, and digital communication tools designed specifically for senior care. Major companies such as Honeywell, Siemens, Philips, and other devices have integrated AI, IoT, and predictive analytics into their systems to help elderly people enjoy the sense of independence and the peace of mind that comes with it. Major Players Analysis Listed in this Report are: Honeywell International Inc. (LYNX Touch Security System, Total Connect Remote Services) Siemens AG (Building Automation Systems, Desigo CC Management Platform) Legrand SA (Adorne Smart Lighting, Nuvo Whole Home Audio) ABB Group (ABB-free@home System, i-bus KNX) Philips Healthcare (Lifeline Medical Alert System, Hue Smart Lighting) Tunstall Healthcare Group Ltd. (Lifeline Vi Alarm Unit, PNC IP Nurse Call System) Assisted Living Technologies, Inc. (MedReady Dispenser, Motion Sensors) EnOcean GmbH (Wireless Sensors, Wireless Switches) Televic Group NV (Auralis Nurse Call, Unite Communication Platform) Sensara BV (HomeCare System, Lifestyle Monitoring) 2PCS Solutions GmbH (Mobile Emergency Call, Location Tracking) Cogvis Software and Consulting GmbH (Fall Detection, Activity Monitoring) Doro AB (Doro 580 Phone, Secure 480 Alarm) LifeStation, Inc. (Medical Alert System, Mobile GPS Alert) ADT Inc. (Health Alert Plus, Fall Detection Pendant) Climax Technology Co., Ltd. (Care@Home System, Fall Sensor) Bay Alarm Medical (SOS Home, SOS Mobile GPS Button) Telbios (Telemonitoring System, Telemedicine Services) Chubb Community Care (CareUnity Network, Enuresis Sensor) Develco Products (Squid, link Gateway, Zigbee Smoke Alarm) Ambient Assisted Living Market Report Scope Report Attributes Details Market Size in 2023 US$ 6.58 billion Market Size by 2032 US$ 57.47 billion CAGR CAGR of 26.27% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Regional Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East]), Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) Key Growth Drivers Rising Aging Population and Increased Demand for Elderly Care are driving the market growth. Technological Advancements and the Integration of IoT in Assisted Living are propelling the growth of the market. Segment Analysis By Product In 2023, the safety & security segment of the ambient assisted living market led the market and accounted for 28.12% of the global revenue. It comprises smart security systems, fall detection sensors, a medical alert system, and automated door locks. As the risks to senior citizens increase, many of whom live alone, families and caregivers are opting for smart security solutions, along with the option for real-time alerts. AI and machine learning are being used by companies to identify strange patterns of behaviour to act promptly and intervene. Facial recognition and geofencing technology are also at the core of its smart cameras, becoming increasingly popular. These systems provide not only independence but also the reassurance that an older adult can be comfortably independent as the demand for free will grows in the senior demographic. Increasing Adoption of Advanced Home Safety Systems Stemming from Stronger Government Incentives, focusing on aging-in-place programs, especially in North America and Europe, are currently boosting the adoption rate of these advanced home safety systems. Moreover, insurance vendors are starting to see the possible risk reduction these tools can provide, incorporating them into wellness and homecare bundles. The Communication Devices segment is expected to grow with a significant CAGR during the forecast period. Such devices are smart voice assistants, video calling devices, wearable communication systems, and artificial intelligence-based chatbots for older adults. Demand for intuitive, senior-friendly communication technologies to support the increase in telehealth consultations, remote caregiving, and digital companionship services is at an all-time high. Especially for older adults who live alone and/or in remote or rural settings, these tools enable them to stay in touch with healthcare providers as well as family and friends. Amazon Alexa and Google Nest are now incorporating medication reminders, health updates, and emergency contact services. Buy a Single-User PDF of Ambient Assisted Living Market Analysis & Outlook Report 2024-2032@ Regional Analysis North America dominated the global AAL market, capturing 45% of the revenue share in 2023, owing to the well-established healthcare infrastructure, increased public awareness, and vigorous participation of both the governmental and private sectors in the development of eldercare technology in the region. The U.S. has evolved into a center for innovation in AI-enabled home care with increased public-private partnerships and Medicaid reimbursements facilitating smart eldercare tools. The Asia-Pacific is witnessed to be a quick-growing region in the forecast period. Smart health infrastructure in fast-aging countries such as Japan and South Korea. China's 14th Five-Year Plan has named 'Smart Aging' a strategic priority, and pilot programs incorporating intelligent eldercare and integrated digital health are already being implemented. The increased penetration of the internet and smartphone usage in India, Australia, and Southeast Asia among the elderly population is are supporting adoption. Recent Developments Philips Healthcare introduced the next-gen CareSage platform with predictive analytics, allowing care teams to preemptively pick up the health deterioration of patients before it becomes critical. In April 2024, Samsung Electronics said it was working with senior housing operators in the U.S. to implement its SmartThings-based ambient care solutions, such as motion sensors and sleep monitoring tools, for aging-in-place. Ambient Assisted Living Market Segmentation Medical Assistance Products Safety and Security Communication Devices Telemonitoring Mobility Compensatory Impairments Others Need Any Customization Research on Ambient Assisted Living Market, Enquire Now@ Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 5.1 Aging Population and Dependency Ratios (2023) 5. Technology Penetration and Smart Home Adoption Rates (2020–2032) 5.3 Regional Deployment of Assisted Living Technologies (2020–2032) 5.4 Public vs. Private Funding in AAL Programs (2023) 6. Competitive Landscape 7. Ambient Assisted Living Market by Product 8. Regional Analysis 9. Company Profiles 10. Use Cases and Best Practices 11. Conclusion Related Report Global IoT Medical Devices Market Forecast Smart Healthcare Market Analysis Global Wearable Medical Devices Market Outlook Global Artificial Intelligence in Healthcare Market Analysis Medical Device Connectivity Market Growth About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Ambient Assisted Living Market Size to Reach USD 57.47 Billion by 2032 Growing at a CAGR of 26.27%
Global Ambient Assisted Living Market Growth is Driven by Aging Population and Smart Healthcare Integration. Austin, May 21, 2025 (GLOBE NEWSWIRE) -- Ambient Assisted Living Market Size & Growth Analysis: 'According to SNS Insider, The Ambient Assisted Living Market was valued at USD 6.58 billion in 2023, and by the year 2032, it will be USD 57.47 billion, with a CAGR of 26.27% between 2024 and 2032.' Ambient Assisted Living (AAL) systems integrate various intelligent technologies and services to assist elderly and disabled people to stay in their homes and communities safely and independently. The global geriatric population, increasing prevalence of chronic disease, and care delivery model focus on patient-centric care are driving the market growth. Facilitated by government efforts to digitise healthcare infrastructure and growing demand for services like telemedicine and availability of real-time health data and smart homes, the adoption is being powered by both developed as well as developing a Sample Report of Ambient Assisted Living Market@ The U.S ambient assisted living market was valued at USD 2.04 billion in 2023, and is anticipated to reach USD 17.55 billion by 2032, witnessing a CAGR of 26.06% during 2024 - 2032. The U.S. was the largest global AAL market in 2023 due to high healthcare expenditure, a growing geriatric populace (expected to surpass 80 million by 2040), and increasing adoption of AI-powered health and safety technologies. In-home support for seniors has seen huge growth with government programs such as the Older Americans Act and Medicare-funded homecare solutions, which are now stealing a march on the provision of remote monitoring, fall detection, and digital communication tools designed specifically for senior care. Major companies such as Honeywell, Siemens, Philips, and other devices have integrated AI, IoT, and predictive analytics into their systems to help elderly people enjoy the sense of independence and the peace of mind that comes with it. Major Players Analysis Listed in this Report are: Honeywell International Inc. (LYNX Touch Security System, Total Connect Remote Services) Siemens AG (Building Automation Systems, Desigo CC Management Platform) Legrand SA (Adorne Smart Lighting, Nuvo Whole Home Audio) ABB Group (ABB-free@home System, i-bus KNX) Philips Healthcare (Lifeline Medical Alert System, Hue Smart Lighting) Tunstall Healthcare Group Ltd. (Lifeline Vi Alarm Unit, PNC IP Nurse Call System) Assisted Living Technologies, Inc. (MedReady Dispenser, Motion Sensors) EnOcean GmbH (Wireless Sensors, Wireless Switches) Televic Group NV (Auralis Nurse Call, Unite Communication Platform) Sensara BV (HomeCare System, Lifestyle Monitoring) 2PCS Solutions GmbH (Mobile Emergency Call, Location Tracking) Cogvis Software and Consulting GmbH (Fall Detection, Activity Monitoring) Doro AB (Doro 580 Phone, Secure 480 Alarm) LifeStation, Inc. (Medical Alert System, Mobile GPS Alert) ADT Inc. (Health Alert Plus, Fall Detection Pendant) Climax Technology Co., Ltd. (Care@Home System, Fall Sensor) Bay Alarm Medical (SOS Home, SOS Mobile GPS Button) Telbios (Telemonitoring System, Telemedicine Services) Chubb Community Care (CareUnity Network, Enuresis Sensor) Develco Products (Squid, link Gateway, Zigbee Smoke Alarm) Ambient Assisted Living Market Report Scope Report Attributes Details Market Size in 2023 US$ 6.58 billion Market Size by 2032 US$ 57.47 billion CAGR CAGR of 26.27% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Regional Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East]), Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) Key Growth Drivers Rising Aging Population and Increased Demand for Elderly Care are driving the market growth. Technological Advancements and the Integration of IoT in Assisted Living are propelling the growth of the market. Segment Analysis By Product In 2023, the safety & security segment of the ambient assisted living market led the market and accounted for 28.12% of the global revenue. It comprises smart security systems, fall detection sensors, a medical alert system, and automated door locks. As the risks to senior citizens increase, many of whom live alone, families and caregivers are opting for smart security solutions, along with the option for real-time alerts. AI and machine learning are being used by companies to identify strange patterns of behaviour to act promptly and intervene. Facial recognition and geofencing technology are also at the core of its smart cameras, becoming increasingly popular. These systems provide not only independence but also the reassurance that an older adult can be comfortably independent as the demand for free will grows in the senior demographic. Increasing Adoption of Advanced Home Safety Systems Stemming from Stronger Government Incentives, focusing on aging-in-place programs, especially in North America and Europe, are currently boosting the adoption rate of these advanced home safety systems. Moreover, insurance vendors are starting to see the possible risk reduction these tools can provide, incorporating them into wellness and homecare bundles. The Communication Devices segment is expected to grow with a significant CAGR during the forecast period. Such devices are smart voice assistants, video calling devices, wearable communication systems, and artificial intelligence-based chatbots for older adults. Demand for intuitive, senior-friendly communication technologies to support the increase in telehealth consultations, remote caregiving, and digital companionship services is at an all-time high. Especially for older adults who live alone and/or in remote or rural settings, these tools enable them to stay in touch with healthcare providers as well as family and friends. Amazon Alexa and Google Nest are now incorporating medication reminders, health updates, and emergency contact services. Buy a Single-User PDF of Ambient Assisted Living Market Analysis & Outlook Report 2024-2032@ Regional Analysis North America dominated the global AAL market, capturing 45% of the revenue share in 2023, owing to the well-established healthcare infrastructure, increased public awareness, and vigorous participation of both the governmental and private sectors in the development of eldercare technology in the region. The U.S. has evolved into a center for innovation in AI-enabled home care with increased public-private partnerships and Medicaid reimbursements facilitating smart eldercare tools. The Asia-Pacific is witnessed to be a quick-growing region in the forecast period. Smart health infrastructure in fast-aging countries such as Japan and South Korea. China's 14th Five-Year Plan has named 'Smart Aging' a strategic priority, and pilot programs incorporating intelligent eldercare and integrated digital health are already being implemented. The increased penetration of the internet and smartphone usage in India, Australia, and Southeast Asia among the elderly population is are supporting adoption. Recent Developments Philips Healthcare introduced the next-gen CareSage platform with predictive analytics, allowing care teams to preemptively pick up the health deterioration of patients before it becomes critical. In April 2024, Samsung Electronics said it was working with senior housing operators in the U.S. to implement its SmartThings-based ambient care solutions, such as motion sensors and sleep monitoring tools, for aging-in-place. Ambient Assisted Living Market Segmentation Medical Assistance Products Safety and Security Communication Devices Telemonitoring Mobility Compensatory Impairments Others Need Any Customization Research on Ambient Assisted Living Market, Enquire Now@ Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 5.1 Aging Population and Dependency Ratios (2023) 5. Technology Penetration and Smart Home Adoption Rates (2020–2032) 5.3 Regional Deployment of Assisted Living Technologies (2020–2032) 5.4 Public vs. Private Funding in AAL Programs (2023) 6. Competitive Landscape 7. Ambient Assisted Living Market by Product 8. Regional Analysis 9. Company Profiles 10. Use Cases and Best Practices 11. Conclusion Related Report Global IoT Medical Devices Market Forecast Smart Healthcare Market Analysis Global Wearable Medical Devices Market Outlook Global Artificial Intelligence in Healthcare Market Analysis Medical Device Connectivity Market Growth About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
