Elderly And Disabled Assistive Devices Market 2018: GN Group, William Demant, Invacare, Sonova, Wintriss Engineering Corporation, Sunrise Medical LLC, Ai Squared, Starkey Laboratories and Drive Medical Design

Elderly And Disabled Assistive Devices Market By Device Type (medical Mobility Aids And Ambulatory Devices, Hearing Aids, Vision And Reading Aids And Medical Furniture And Bathroom Safety Products) And End User (home Care Settings, Hospital And Other End Users) - Global Industry Analysis And Forecast To 2023

Industrial Outlook and Trend Analysis
The Elderly and Disabled Assistive Devices Market is expected to positively grow by 2023, while registering itself at a substantial compound annual growth rate (CAGR) during the forecast period. 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. Assistive devices like hearing aids, ambulatory aids, braille interpreters, and text-to-speech readers’ upgrades accessibility and comfort for individuals who are disabled.

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Competitive Insights
The leading players in the market are GN Group, William Demant, Invacare, Sonova, Wintriss Engineering Corporation, Sunrise Medical LLC, Ai Squared, Starkey Laboratories and Drive Medical Design. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Drivers and Restraints
Ascend in advancements in technology has essentially revolutionized the market for elderly and disabled devices. For example, advent of powered wheelchairs in the market has facilitated the life of patients by lessening the time and vitality required in working it physically. Moreover, cochlear implants have likewise decreased the requirement for hearing aids externally. These products are technologically advanced and are picking up acknowledgment among the objective populace therefore; interest for the same is expanding. The market is anticipated to develop at a significant CAGR over the forecast period. This development is credited to ascend in elderly and disabled populace, expanding government subsidizing and presentation of technologically enhanced products, for example, powered wheelchairs, portable reading machines, transfer lifts, implants and sensor based entryway openers.

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Market Segmentation
The Elderly and Disabled Assistive Devices Market is segmented on the basis of device type into Medical Mobility Aids and Ambulatory Devices, Medical Furniture and Bathroom Safety Products, Hearing Aids, and Vision and Reading Aids out of which the Hearing aids section accounted for the biggest share of the market in 2012 owing to the huge population suffering from hearing impairments and mobility disorders. Based on end user the market is segmented into Hospitals, Home Care Settings, and Others.

Regional Outlook and Trend Analysis
Geologically, the United States drives the market inferable from the way that various market players are situated in the region. Additionally, various Asian countries, for example, China, India, and Japan will encounter the most exponential improvement in the market in the coming a long time because of the rising dispensable earnings and the expanding human services changes in these countries.

The Elderly and Disabled Assistive Devices Market is segmented as follows-

By Device Type
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids

By End User
Hospitals
Home Care Settings
Others

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Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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