Market Outlook
Is its category moving in its favor or against it?
Forecast growth in the European telecare user base is a favorable backdrop for Careium, whose service sales are increasing; the company competes in a category that includes established vendors, though its relative share of that growth is not established. The user base stood at around 9.7 million at the end of 2025 and is forecast to exceed 14.1 million by the end of 2030, a 7.8 percent compound annual growth rate. Service sales rose 27.2 percent to SEK 187.4 million.
Leading vendors active in the European telecare market include Tunstall, Legrand, TeleAlarm (Assa Abloy), Careium, and Chubb. Telecare solutions in that market reached a value of €3.9 billion in 2025.
Memo
What is the investment case, and what must be true for it to hold?
Careium's multiyear service base and recent service-sales growth support continued growth if customer stability persists, provided its competitive position holds against established European telecare vendors. Its contracts with stable customers typically span several years, and most service sales are recurring. Service sales increased by 27.2 percent to SEK 187.4 million.
Leading vendors active on the European telecare market include Tunstall, Legrand, TeleAlarm (Assa Abloy), Careium, and Chubb.
Product Overview
What does the product do for its buyer, and how is it delivered?
Careium delivers a connected telecare service that covers alarms at home and on the move, with family and caregivers able to receive status and alerts through an app. A portable pendant button sends an in-home alarm to a 24/7 monitoring centre, where operators arrange help.
For people outside the home, Careium's mobile solutions use built-in GPS and two-way communication. Relatives or caregivers use i-care® plus to track user status in real time, see GPS locations, and communicate with other registered users.
