Assisted Living Technologies Market Is Driven by Increase in Aging Population and Innovation in Technology
Assisted technology services deal with information and communication technologies which are used for diagnosis, treatment, consultations, and patient education. The
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The global assisted living technologies market is driven by increase in aging population, innovation in technology, and rise in awareness among the population. Life expectancy of people has increased in the last decade. This has led to a large population above reproducible age. The ability of a person to work and carry out daily activities decreases with age. Hence, rise in geriatric population has led to increase in demand for using assistance for many activities.
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According to the
The global assisted living technologies market can be segmented into devices used in residence and devices used at institutions. In terms of region, the global market can be segmented into
Awareness among the population, government investment in improving the quality of life, increase in disposable income, advancement is technologies and technological knowhow by citizens in the country are major factors contributing to the growth of the assisted living technologies market in these regions.
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Key players in the global assisted living technologies market are
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