Disabled and Elderly Assistive Technologies Market Emerging Growth Analysis, Future Demand and Business Opportunities 2023- William Demant Holding A/S, Wintriss Engineering Corporation, Drive Medical Design and Manufacturing, Ai Squared, Invacare Corporation, Siemens, Widex, Liberator, Permobil AB

Disabled & Elderly Assistive Technologies provides devices that help to overcome cognitive difficulties, impairments, and disabilities in disabled & geriatric population. These technologies improve health outcomes, assist in independent living, and reduce healthcare costs by lowering cost given to manual labors in assisting patients. The market has witnessed tremendous development in the assistive technologies and have evolved in terms of both performance and characteristics. Furthermore, disabled & elderly assistive devices provide devices for the population who are not self-dependent. Disabled and elderly populace are reliant, to a considerable degree, on devices or other individuals that help them in their everyday exercises, for example, proper vision and hearing, locomotion, and all the more essentially wellbeing while at the same time playing out these exercises. Assistive devices offer more enhanced freedom to disabled and elderly population in carrying out daily tasks, which can generally be tedious.

The global disabled & elderly assistive technologies market is driven by rise in geriatric & disabled population, lifestyle changes, availability of disabled & elderly assistive products, and rise in demand for assistive technologies due to the growth in trend of independent lifestyle. Furthermore, increase in number of assistive devices manufacturers investing in the R&D activities of these technologies further fuels the market growth. However, high cost of few sophisticated products, low level of acceptance for few products, and low reimbursement from medical insurers restrain the market growth. Conversely, increase in proactiveness of people and rise in value to better health conditions are anticipated to provide lucrative growth opportunities for the market growth. The disabled & elderly assistive technologies constitute rehabilitative devices that provide additional accessibility to individuals with cognitive difficulties, impairments, and disabilities.

Top Manufacturer Detail-

Starkey Hearing Technologies, William Demant Holding A/S, Wintriss Engineering Corporation, Drive Medical Design and Manufacturing, Ai Squared, Invacare Corporation, Siemens Ltd., and Widex Ltd. The other prominent players in the value chain include Blue Chip Medical Products, Inc., Inclusive Technology Ltd., Liberator Ltd., and Permobil AB, Medline Industries, Inc., and Whirlpool Corporation

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The study is a source of reliable data on:

  • Mobility assistance is anticipated to grow at the highest rate during the analysis period.
  • The U.S. was the major shareholder in the North America in 2016, accounting for the highest share.
  • The bone anchored hearing aids segment accounted for the highest CAGR of 6.6% during the forecast period.
  • China occupied two-ninths share of the total Asia-Pacific disabled & elderly assistive technologies market in 2016, registering a CAGR of 11.5% from 2017 to 2023.
  • The home care end user segment dominated the market with about half the share of overall end user market in 2016.
  • The mobility assistance market for wheelchairs is expected to exhibit steady growth registering a CAGR of 9.1% during the forecast period.

Disabled & Elderly Assistive Technologies Market 2023 segmentation by technology, applications, and five major geographical regions. This Report covers the Major Players' data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

Table of Contents 

1 Market Definition
1.1 Market Segment Overview
1.2 by Type
1.3 by End-Use / Application

2 Global Market by Vendors
2.1 Market Share
2.2 Vendor Profile
2.3 Dynamic of Vendors

3 Global Market by Type
3.1 Market Share
3.2 Introduction of End-Use by Different Products

4 Global Market by End-Use / Application
4.1 Market Share
4.2 Overview of Consumption Characteristics
4.2.1 Preference Driven
4.2.2 Substitutability
4.2.3 Influence by Strategy
4.2.4 Professional Needs

5 Global Market by Regions
5.1 Market Share
5.2 Regional Market Growth
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 South America
5.2.5 Middle East & Africa

8 Asia-Pacific Market
8.1 by Type
8.2 by End-Use / Application
8.3 by Regions

9 South America Market
9.1 by Type
9.2 by End-Use / Application
9.3 by Regions

10 Middle East & Africa Market
10.1 by Type
10.2 by End-Use / Application
10.3 by Regions

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Posted by on Tuesday May 21 2019, 3:35 AM EDT. All trademarks acknowledged. Filed under Biotechnology, Diagnostics, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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