Elderly and Disabled Assistive Devices Market to Hit USD 37.263 Billion By 2030
Acumen Research and Consulting
Lets Create Your Company's Growth Strategy Together
Global Elderly and Disabled Assistive Devices market size in 2021 was USD 22.439 Billion, market value to grow to USD 37.263 Billion by 2030 at 5.9% CAGR as per Acumen Research and Consulting
Elderly and Disabled Assistive Devices Market: An Overview
The elderly and disabled assistive devices market is a rapidly growing industry, driven by the increasing number of elderly and disabled individuals worldwide. These devices are designed to improve the quality of life for individuals with mobility, vision, hearing, and cognitive impairments. The market is segmented into various categories, including mobility devices, vision devices, hearing devices, and cognitive devices.
Market Segmentation
The mobility devices segment includes products such as wheelchairs, walkers, and scooters. These devices are designed to improve mobility and independence for individuals with physical impairments. The vision devices segment includes products such as low vision aids, magnifiers, and visual prosthetics. These devices are designed to improve vision for individuals with visual impairments. The hearing devices segment includes products such as hearing aids, cochlear implants, and assistive listening devices. These devices are designed to improve hearing for individuals with hearing impairments. The cognitive devices segment includes products such as memory aids, communication devices, and speech recognition software. These devices are designed to improve cognitive function for individuals with cognitive impairments.
Download Free Elderly and Disabled Assistive Devices Market Sample report here
Why the Market is Growing
The market is growing due to several factors, including an aging population, an increase in chronic diseases, and advances in technology. As the population ages, there is an increasing demand for devices that can improve the quality of life for elderly individuals. Additionally, an increase in chronic diseases such as diabetes and heart disease can lead to physical impairments, further driving the demand for assistive devices. Advances in technology have also led to the development of more advanced and user-friendly devices, making them more accessible to a wider range of individuals.
领英推荐
Market Regional Overview
The elderly and disabled assistive devices market is a global market, with North America, Asia Pacific, and Europe being the major regions. North America is the largest market, driven by the aging population and high healthcare expenditure. Asia Pacific is the second-largest market, driven by the increasing aging population and rising healthcare expenditure in countries such as China and India. Europe is also a significant market, driven by the aging population and high healthcare expenditure in countries such as Germany and the United Kingdom.
Market Players
The elderly and disabled assistive devices market is highly competitive, with a large number of players operating in the market. Some of the major players include Invacare U.S. , Sunrise Medical , Permobil , Pride Mobility Products Corporation , Ottobock HealthCare, Stryker Corporation, 美敦力 , 波科 , and Cochlear Limited. These players are constantly developing new and advanced products to meet the increasing demand for assistive devices.
Buy the premium market research report here.
Find more such market research reports on our website or contact us directly
Write to us at [email protected]
Call us on +918983225533
or +13474743864