LONDON, June 21, 2016 /PRNewswire/ -- Home health monitoring devices are evolving to be more mobile and sensitive to the requirements of elderly, disabled, and other vulnerable people who need to feel safe and independent. New devices that work outside the home, as well as connected movement trackers, fall detectors, and medication dispensers, are growing a market that was once limited to at-home Personal Emergency Response Systems (PERS). ABI Research forecasts home health monitoring device shipments will top 28 million by 2021.
"The potential for a globally expanding elderly demographic drives market investment, as this tech-aware generation wants to 'age in place' rather than go to nursing homes or assisted living facilities," says Stephanie Lawrence, Research Analyst at ABI Research. "The new, discrete home health monitoring devices are great for the elderly and those with limited mobility, as they allow caretakers to keep an eye on the user without being intrusive."
Until recently, this market remained divided between traditional PERS and newer Ambient Assisted Living (AAL) systems. While PERS systems alert authorities for help in an emergency, AAL systems monitor the general activity of the user, providing alerts to caregivers if behavior is unusual. They can also include fall detection but would typically only inform relatives or care providers, not a central call station.
PERS providers are increasingly expanding their offerings by adding AAL functionality and including a wider array of connected devices, ranging from medication reminders to smart air quality monitors, to augment the level of care provision into day-to-day management and not just emergency response. The GreatCall acquisition of AAL provider Lively and its integration of the MyLively offerings demonstrates this. With the expanding market potential, though, vendors also face new design demands.
"Vendors need to focus on what a new aging generation expects from these technologies, which are systems that support independence and safety but also deliver attractive and comfortable designs," concludes Lawrence. "The market will see large disruption over the next few years as devices are made to be simpler, more stylish, and less invasive."
These findings are from ABI Research's mHealth Devices in Home Monitoring Applications (https://www.abiresearch.com/market-research/product/1019581-mhealth-devices-in-home-monitoring-applica/). This report is part of the company's Smart Home (https://www.abiresearch.com/market-research/practice/connected-home/) and Wearables & Devices (https://www.abiresearch.com/market-research/practice/wearables-devices/) sectors, which include research reports, market data, insights, and company assessments.
About ABI Research
ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.
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SOURCE ABI Research