Geriatric Care Devices Market Stakeholders With Covid-19 Impact Analysis: Top Industry Trends & Segments Forecast 2020-2027

Geriatric care devices are used for planning healthcare management and coordinating care of the aged population and people with physical or mental impairments. These products comfort the daily activities of aged people, provide them with long-term care needs, and enhance their quality of life. These devices include wheelchairs, walkers, and adult diapers for daily routine. Geriatric care devices promote nursing at home level.

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COVID-19 scenario-

1) Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical devices production including ventilators and diagnostics.

2) However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of devices in certain locations.

3) Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to notify the agency about changes that could affect availability of their products.

The factors that drive the geriatric care devices market include rise in geriatric population; increase in prevalence of medical complications such as respiratory, neurological, orthopedic, and cardiovascular diseases; and technological advancements such as evolution of specialty robots that help aged people in their routine activities. Moreover, growth in demand for home care services and increase in healthcare expenditure fuel the market growth.

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The market is segmented based on into product, end user, and region.

On the basis of product, the market is categorized into mobility assistance aids, assistive furniture, bathroom safety & assistive products, and communication aids. Mobility assistance aids segment is further divided into wheelchairs, patient mechanical lift handling, mobility scooters, walkers & rollators, crutches & canes, and others. Assistive furniture segment is subsegmented into medical beds, riser reclining chairs, door openers, railings & bar, and others.

Bathroom safety & assistive products segment is divided into ostomy products, commode chairs, shower chairs, and others. Communication aids segment is segmented into speech & writing therapy devices, hearing aids, and vision & reading aids. Hearing aids is further classified into receiver-in-the-ear (RITE) aids, canal hearing aids, cochlear implants, behind-the-ear (BTE) aids, bone anchored hearing aids (BAHA), and in-the-ear (ITE) aids. Whereas, vision & reading aids is sub segmented into reading machines, video magnifiers, braille translators, and others.

By end user, the market is categorized into hospitals, elderly nursing home, homecare, and others.

Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The Major Key Players Are:

Cardinal Health, Invacare Corporation, Kimberly-Clark, Svenska Cellulosa Aktiebolaget, Unicharm Corporation, Sunrise Medical LLC, Nippon Paper, Inc., Medline Industries, Inc., Medical Depot, Inc., and Mobility Aids Sales & Services.

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