About Elderly Care Apps
Elderly care apps are the automation in senior care activities such as dementia care, mental health condition care, physical disability care, sensory impairment care, temporary or daycare, and others. It is used in communications, medication tracking, monitoring, etc applications. The app enables the coordinate care with the family or caregivers, monitor the symptoms, keep track of the appointment & medications. There has been a rise in senior care activities as some of the elderly people are independently focusing on self-care and improved lifestyles.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Elderly Care Apps are a fragmented market. The market has many players in the market focusing on R&D investment and app launches. They are also planning on strategic activities such as mergers & acquisitions, partnerships, and other activities to expand in the global market. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Caring Village (United States), MindMate (United States), Alzheimer's and Other Dementias Daily Companion (Ireland), Goodreads (United States), Lumos Labs, Inc. (United States), Clevermind App (India), Avanlee Care (United States), Boom Health (Canada), Honor (United States) and Care.com, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Homage (Singapore), ianacare (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Elderly Care Apps market by , Application (Organization & Communication, Medication Tracking, Monitoring and Others) and Region.
On the basis of geography, the market of Elderly Care Apps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. Android will boost the Elderly Care Apps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Patients will boost the Elderly Care Apps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Care, the sub-segment i.e. Dementia Care will boost the Elderly Care Apps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Number of App Developer Focusing on Elderly Care apps Introducing Advance Featured Apps Targeting Healthy Lifestyle for Elderly
Market Growth Drivers:
The Utilization of Mobile Phone Applications Among Senior Citizens is Rising and Growing Demand for the Improved and Healthy Lifestyle Among Senior Citizens
Challenges:
The Labor Shortage and Sustainability Problem in the Elderly Care Operations
Restraints:
Low Degree of Awareness about the Elderly Care Apps in Underdeveloped Regions of the World
Opportunities:
Surging Involvement of Government Association in the Elderly Care Facilities and Apps
Market Leaders and their expansionary development strategies
In May 2021, Boom Health, Inc. app allows users to organize and book in-home care services, medical equipment, and meal services with market-leading providers with the same ease as ordering rideshare or delivery on your phone. The app allows users to book personal support workers and nursing care, transportation services, medical equipment rentals and purchases, and healthy, freshly prepared meals with industry-leading suppliers vetted by Boom Health.
Key Target Audience
Elderly Care Apps Developers, Elderly Care Industry Associations, Elderly Care Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.