The global market for elder-care technology products was approximately $2.7 billion in 2012. It is expected to grow to roughly $3.2 billion by 2013 and $7.2 billion by 2018 at a compound annual growth rate (CAGR) from 2013 to 2018 of 17.7%.
This report provides:
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SCOPE OF REPORT
This report is a business analysis with the primary purpose of examining the potential market for elder-care technologies, specifically home telehealth and safety monitoring. The report includes sections on:
The authors of the original 2010 report on which this updated report is based include Allison Coplein, an attorney with a background in business and transactional activities, and Lori Solomon, a freelance writer with a focus on public health issues.
The analyst responsible for updating this report is Andrew McWilliams, a partner in the Boston–based international technology and marketing consulting firm 43rd Parallel LLC. Mr. McWilliams is the author or co-author of many other BCC studies, including studies in related fields such as HLC047D Disabled and Elderly Assistive Technologies; HLC054C Global Markets and Technologies for Home Medical Equipment; HLC066B Medical Automation Technologies Products and Markets; HLC038C Patient Monitoring, HLC014E Global Markets for Telemedicine Technologies; and IAS031B The U.S. Market for Home Automation and Security Technologies.