Market Share of Smart Home Healthcare Industry
The smart home healthcare market is consolidated. The companies are launching new products and leveraging strategic collaborative initiatives to increase their market share and increase profitability. Some of the recent developments in the market are seen as in December 2022, Aloe Care Health and Origin collaborated for an in-home safety solution for caregivers and seniors. Aloe Care will deploy new in-home safety mechanisms and a service feature to monitor falls and motion in the first half of 2023. The solution leverages Origin's unique WiFi Sensing technology and Aloe Care's powerful machine learning techniques, removing the requirement for cameras indoors or wearable devices.
In November 2022, Fall Detect by KamiCare, the globe's first Artificial intelligence fall detection and support solution available at home that doesn't need a pull alarm or wearable, was introduced by Kami Vision. Fall Detect by KamiCare, a division of Kami Vision, a machine vision firm that delivers AI solutions to corporate, SMBs, and consumers, detects and prevents senior fall risk through the use of inexpensive vision AI, two-way communication, private incident verification, and other features.
In August 2022, Care Connected Platform Anthropos announced an alliance with Vayyar Care, the world leader in 4D imaging, to expand Anthropos' abilities in active fall detection. Anthropos' Connected Care Platform monitors a variety of everyday behaviors of older persons in their homes using a set of discrete passive sensors, providing caregivers with the data to make better-informed choices. The new Vayyar Care alliance incorporates touchless radio frequency sensor technology, allowing Anthropos clients to deliver fall detection without the use of wearable devices.
Smart Home Healthcare Market Leaders
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Sleepace
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Awair Inc.
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Eight Sleep
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Encore Healthcare
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Medtronic Plc
*Disclaimer: Major Players sorted in no particular order
