The primary driver of market expansion is the rapidly growing elderly population. As a result of increased locomotion-related issues, the elderly require ongoing monitoring. Furthermore expected to contribute to the growth of the smart home healthcare market is an increase in chronic diseases brought on by people adopting unhealthy lifestyles. Also, the Internet of Things (IoT), which is growing in popularity every day, fuels the Smart Home Medical Device Market expansion. Also, the rise in demand for individualised healthcare in developed nations and technological improvement are influencing the forecasted expansion of the smart home healthcare market share. The smart home healthcare business is, however, severely constrained by worries about data security and privacy, which raises the risk of improper use of patient data.
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