Social Assistance Global Market Forecast To 2022

Asia Pacific was the largest region in the global social assistance market, accounting for 39% of the market in 2018. Western Europe was the second largest region accounting for 31% of the global social assistance market. Africa was the smallest region in the global social assistance market.

Adult day care service providers are adopting the latest technologies to enhance service quality being offered to senior citizens. They are widely using technologies such as wearables’, geo-fencing and thermostats. Geo fencing devices track medication, Alzheimer’s wandering activity, inactivity, falls, and real-time health information, whereas thermostat regulates the temperature in a facility by turning on and switching of the heating system. Also, sensors, voice activation, GPS, Bluetooth, and smartphone monitoring apps, help in low-cost and efficient monitoring of patients. Major companies offering devices and solutions for adult care include MedMinder, Reminder Noise, Philips Lifeline, GrandCare, iTraq, GreatCall and ClearCare. For instance, Ochsner, a leading non-profit health care delivery system, is using smartwatches and fitness bands to track senior citizens with chronic diseases.

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