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COVID 19 is a global pandemic, and it has affected almost every facet of the modern world, be it economic, social and political. As we continue to contend with COVID 19, people will continue to invest in ways to protect themselves from it. More people are using electronic devices and systems to help prevent the spread of the virus and protect themselves.
It’s no wonder that global smart home healthcare market will grow exponentially from $8.7 billion in 2019 to a massive $96.2 billion in 2030, at a CAGR of 26.2% between 2020 and 2030, according to P&S Intelligence.
IoT (Internet of Things) will be integrated tighter with home healthcare systems as more innovative devices, and products come out.
Aside from IoT, the report also said that there’s an increased demand for mHealth services. mHealth is the practice of delivering healthcare services with the help of mobile devices, laptops, tablets, and other electronic devices. Some of the latest smartphones integrate health parameter sensors. Through these features, medical specialists can monitor an individual’s health anytime and anywhere.
As more people turn to remote patient care and adapt current healthcare practices, mHealth technologies will be more in demand.
Smart Homes Now will feature more healthcare devices and products in future updates.
For more information on the P&S Intelligence report, click here.