North America elderly monitors market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.7% in the forecast period of 2021 to 2028 and is expected to reach USD 1,378.92 million by 2028 from USD 910.22 million in 2020. Rising prevalence of chronic diseases and surging pool of geriatric population are major drivers which are expected to propel growth of the market in the forecast period.
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North America Elderly Monitors Market - Scope and Market Size:
- On the basis of product, the North America elderly monitors market is segmented into safety monitoring devices, pads, communication aids, activity monitors, location monitors, caregiver call systems, and others. In 2021, the safety monitoring devices segment is expected to dominate the market due to rising technological advancements, which leads increased sales and demand for the product.
- On the basis of modality, the North America elderly monitors market is segmented into portable and fixed. In 2021, the fixed segment is expected to dominate the market because of increasing awareness and preferences for home healthcare.
- On the basis of monitoring type, the North America elderly monitors market is segmented into weight monitoring, telemedicine, temperature monitoring, patient engagement, digital diabetes management, and others.
North America Elderly Monitors Market - Country Level Analysis:
- The market in the U.S. is expected to hold the dominant share of the North America elderly monitors market due to increasing prevalence of chronic diseases in the country. The U.S. is expected to grow with the highest CAGR in the forecast period due to increasing healthcare expenditure in medical devices in the country. The U.S. market is dominating in the market due to rising geriatric population. It is expected to grow with the most promising growth rate in the forecast period of 2021 to 2028 because of rising demand for elderly monitoring devices. Canada is expected to showcase substantial growth in the North America market due to rising disposable income in the country.
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Competitive Landscape - North America Elderly Monitors Market
- Major players covered in the report are Koninklijke Philips N.V., Wansview, Smart Care Giver Corporation, Resideo Technologies, Inc., Care Innovations, LLC, Boston Scientific Corporation, Biotronik, Abbott, Medtronic, Reolink, Arlo, AlertONE, Alive Technologies, EarlySense, Kwido (Ideable Solutions), Emfit, Withings, Omron Healthcare, Inc., and AMC Health, GE among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT: -
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: North America Elderly Monitors Market by Product Procedure type
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=north-america-elderly-monitors-market
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