ON World



Datasets-as-a-Service:
Connected Health: Assistive Care IoT: Activity Monitoring


Dedicated Systems, IP Security Services, Medical Alerts


ON World Differentiators:

* Decades of industry experience
* Primary research investigation
* Technology expertise
* Actionable data
* Customized to your needs

Customized Market Research Data:

ON World's market research is used by Fortune 1000 companies, investors, startups and developers worldwide.

Our datasets include market size forecasts, ecosystem surveys and other market data, customized to your specific needs.

Delivery format: Excel, PPT



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Synopsis:

Monitoring Activities of Daily Living (ADL) of aging seniors and disabled adults has been a popular research and development area for the past decade. Today, activity monitoring solutions use IoT technologies such as smart home systems, voice assistants, wearables and AI-enabled software. While there are several variations, they all share a focus on remote monitoring to enable seniors to live independently and improving their quality of life.

Caregivers of people with Alzheimer’s disease and other forms of dementia have the strongest need for both medical alert and ADL monitoring systems. Treating Alzheimer’s disease, a type of dementia that affects 5.7 million people in the US alone, is projected to cost as much as $500 billion by 2040 up from as much as $215 billion in 2010. Dementia is more common in older people with 1 in 10 Americans 65 years and older having some form of dementia. In addition, 5% of American adults live with a serious mental illness such as autism that require assisted care in special housing or for people living independently.

Users of ADL monitoring systems in North America will increase by a 22% compound annual growth rate over the next five years to reach 2.2 million systems in use in North America by 2026 up from 662,000 in 2020.

Customizable systems from professional home security providers will make up the largest portion over this period but retail/DIY systems will increase the faster. However, adoption for dedicated systems that blend consumer IoT with assisted care technologies such as Aloe Care Health and Amazon Alexa Together will increase the fastest.

This research service is based on ongoing phone interviews and surveys with thousands of consumers and hundreds of retailers, healthcare organizations, home service providers and vendors. It provides extensive data on assistive care technologies focused on the activity (ADL) monitoring segment. Your customized data includes 6-year forecasts for North America total ADL users/subscribers and revenues (equipment and services).




MARKET SIZE FORECASTS:

ON World's granular connected health market size forecasts are by product segment and other product feature variations with breakdowns by country and distribution channel. Our forecasts are continually updated and are customized to meet your specific needs.

Product Segments:

Age-In-Place
Senior Living
Dedicated Systems
IP Security Providers

Standard Breakdowns:

• Region: North America (US, Canada)
• Historical Data: 2 previous years
• Projections: 6 years including the current year
• Forecast unit(s): Total subscribers/users, equipment device shipments and revenues (equipment and services)
• Equipment ASP: Retail price
• Channels: Healthcare, Senior Living, Retail, Security Services, Direct to Consumer

Optional Breakdowns:

• Specific product segment(s)
• Product feature/function
• Channel segments
• Market shares

Delivery Format: Excel



ECOSYSTEM RESEARCH DATA:

ON World's ecosystem research data is based on ongoing surveys with organizations across the whole connected health value chain. Your dataset is customizable using our latest survey data or we can conduct a new survey(s) to investigate your unique market needs.

Examples of recently surveyed ecosystem segments include:

Consumers:

• Connected health users/early adopters 55+
• Likely future connected health users 55+
• Caregivers
• Broadband users

Healthcare/Senior Living:

• Healthcare Organizations
• Senior Living Facilities
• Health Insurance Companies
• Other Senior Service Providers

Retail Store/Pharmacy Sales Reps:

• Electronics Outlets (e.g. Best Buy, The Source)
• Pharmacies (e.g. CVS, Walgreen's)
• Mass Market chains (e.g. Walmart, Target, Canadian Tire)
• Hardware stores (e.g. Ace Hardware)

Professional Installers:

• CEDIA dealers
• Electric/medical professionals
• Home builders
• Contract installers

Service Providers:

• Utilities
• Security services
• Cable/telco operators

Online Product Listings:

• 5,000+ product listings from dozens of web storefronts (Amazon.com, Bestbuy.com, etc.)
• 1+ million ratings/reviews
• Tracking sales growth, pricing, features, consumer feedback

Vendors/Suppliers:

• Platform providers
• Device manufacturers
• Software developers
• Component suppliers

Delivery Format: PPT


PRIMARY RESEARCH:

Every year, ON World surveys thousands of individuals in the smart home and connected health ecosystems including:

End User Datasets:

Early adopting consumers aged 55+ 
Early majority consumers aged 55+
Caregivers to seniors/disabled adults
Home security providers
Cable/Internet service providers
Telecom operators
Professional installers
Retail outlets (e.g. Best Buy, Home Depot, Walmart)
Healthcare/senior living organizations

Technology Companies:

Every quarter, ON World conducts hundreds of interviews and surveys with executives and product managers with leading manufacturers, software developers, component suppliers, and platform providers involved with connected health and IoT markets. Examples of recently interviewed/surveyed companies include:

Assisted Care IoT Systems & Services:

AdhereTech
Adherium
ADT
Alarm.com
Aloe Care Health
Amazon
Appello
Assistive Technology Services
Bay Alarm Medical
Best Buy
BreatheSuite
Buddi
CarePredict
CARU Care
Catalia Health
Comcast Xfinity Home
Connect America
Control4 (Snap One)
Domalys
DomoSafety
Doro
Essence Group
Evondos
FallCall Solutions
Freeus
GrandCare Systems
HERO
HelpButton
Independa
Innospense (Medido)
Intelisant (Howz)
Intelligo Technologies
IQfy
iZafe
Just Checking
K4Connect
Legrand
Libify
Limmex
LifeFone
MedaCube
Medical Guardian
Medimi
MediPENSE
MedMinder
MedReady


MobileHELP
Navigil
Nice/Nortek Control
Oysta Technology
PharmRight
Phoniro (Assa Abloy)
Pillo Health
Posifon
Propeller (ResMed)
Quil Health
Reemo Health
SafelyYou
Sanvis Health
Sensara
SensorsCall
Skyresponse
SmartLife Care
Smartwatcher
SOFIHUB
Stanley Black & Decker
Trelawear
Tunstall
UnaliWear
Vayyar
Vitalbase (Telecom Design)
Vivago
Vivint Smart Home
Zanthion (OM Veritas)

Healthcare/Senior Living:

AARP
AmeriHealth Caritas
Ascension Health
Common Spirit
Era Living
Eskaton
HCA Healthcare
Horizon House
Kaiser Permanente
Masonic Village
Phoebe
Providence Health
Trinity Health
Veteran's Health Administration (VHA)
Valeo Groupe Americas



Methodology Workflow:

Forecast Summary
Forecast Scope
Methodology


I. Ecosystem Analysis

Market Drivers
Aging Senior Population
Informal (Unpaid) Caregivers
Chronic Disease Management
Senior Living Communities
Income & Labor Trends
Household Income
Labor Participation
Health Trends
Regulations
Venture Capital Investment
Consumer IoT Innovations
Senior Technology Trends
Broadband
Smartphones
Other Smart Devices

II. Technologies & Standards

• Competing alternatives
• Emerging technology trends
• Bluetooth Low Energy
• Wi-Fi
• Zigbee/Thread/Matter
• Connectivity Standards Alliance (CSA)
• Open Connectivity Foundation (OCF)

III. Value System

• Product segmentation
• Market leaders
• Innovators/Disruptors
• In-depth investigation and analysis of top 40 companies that are having the biggest impact on the assisted care IoT ecosystem today.
• Current offerings, products and services, pricing, differentiators
• Financials, partners, go-to-market strategy
• Standards supported, software, tools, integration, key features...

IV. Primary Research

Ecosystem Surveys:

Conduct surveys with older adults and caregivers to learn recent adoption trends, preferences and likelihood of future purchases.

Sample survey questions:

• Health Conditions
• Living Arrangement
• Internet-connected Devices
• Smart Home Systems
• Medical Alert Systems
• Connected Health Devices
• Sharing Health Data
• Home Monitoring Service
• When Likely to Adopt
• Planned Assisted Care IoT Products
• Important/Most Important Features
• Preferred Brands
• Preferred Channels
• Reasons for Not Adopting
• Maximum Spending

Other ecosystem stakeholders we regularly survey include retail sales reps, professional installers, home service providers, builders and vendors/suppliers.

Online Product Analysis:

Our proprietary database includes thousands of online smart home product listings and over a million consumer reviews that are continually categorized, filtered and analyzed.

V. Market Size Forecasts

• Product segmentation
• Region/channel segmentation
• Financials/industry trends
• Consumer confidence
• Healthcare data model
• Security services data model
• Retail/online data model
• DTC data model
• Total subscribers/users
• Average recurring (service) revenue/user (ARRPU)
• Services revenues
• Device unit shipments
• Average sale prices (ASP)
• Equipment revenues



About ON World:
ON World provides business intelligence on Internet of Things markets. Since 2003, our market research has been used by Fortune 1000 companies, investors and IoT developers worldwide.