Press release
Global Elderly And Disabled Assistive Devices Market To Be Driven By The Growing Geriatric Population And People With Disabilities In The Forecast Period Of 2023-2028
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2020): USD 24.15 Billion
• Forecast CAGR (2023-2028): 7.0%
• Forecast Market Size (2026): USD 36.2 Billion
Globally, with increasing number of geriatric population and people with non-communicable disease, disabilities, mental health conditions, among others are driving the assistive technology market. According to the estimations of United Nations, there were over 703 million people aged 65 years and above in 2019 and is projected to rise to 1.5 billion by 2050, creating an optimistic market for assistive devices in the forecast period.
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/elderly-and-disabled-assistive-devices-market/requestsample
As people age, including those with disabilities, their functional abilities decline in more than one area and the importance and need for assistive products rises accordingly. Additionally, these devices provide independence, protection, and resilience for them during a humanitarian crisis.
Industry Definition and Major Segments
Elderly and disabled assistive devices are products and technologies that are used by or for elderly people or persons with disability. These include instrument, equipment or technology especially designed to support them in bodily functions and prevent activity limitations. Examples of such devices include wheelchairs, prostheses, visual aids, hearing aids, among others.
Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/elderly-and-disabled-assistive-devices-market
On the basis of type, the market is segmented into:
• Living Aids
o Hearing Aids
o Reading and Vision Aids
• Mobility Aids Devices
o Wheelchairs
o Mobility Scooters
• Medical furniture
o Medical Beds
o Door Openers
o Riser Reclining Chairs
o Others
• Bathroom Safety Equipment
o Shower Chairs
o Commode Chairs
o Ostomy Equipment
o Bars, Grips, and Rails
The market id distinguished into the following, based on end use:
• Hospital
• Home Care Setting
• Others
The major regional markets include:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Market Trends
The positive changes in the policy landscape by the governments is invigorating the elderly and disabled assistive devices market. According to WHO, the number of people requiring assistive products is anticipated to increase to more than 2 billion by 2050. Therefore, governments and international agencies have started recognizing the importance of these devices. In 2016, WHO introduced the 'Priority Assistive Products List' to increase the attention on assistive technologies and in the same year its 'Regional Committee for the Eastern Mediterranean' adopted a resolution on improving access to assistive technology.
In 2018, during a Global Disability Summit held by UK Department for International Development (DFID), a range of stakeholders, including delegates from governments and Disabled Peoples Organisations (DPOs) made positive commitments for the provision of assistive devices. Additionally, the increasing investments in R&D activities, by producers, is also stimulating the market growth.
Key Market Players
The major players in the market are Freedom Scientific, Inc., Medical Depot, Inc., GN Store Nord A/S, Invacare Corporation, Nordic Capital Limited, Pride Mobility Products Corporation, Siemens AG, Sonova Holding AG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Periodic Fever Syndrome Market- https://www.marketwatch.com/press-release/periodic-fever-syndrome-market-share-size-price-trends-growth-report-forecast-2023-2028-2023-03-27?mod=search_headline
Elderflower Tea Market- https://www.marketwatch.com/press-release/elderflower-tea-market-price-size-share-trends-analysis-report-forecast-2023-2028-2023-03-27?mod=search_headline
Chatbot Market- https://www.marketwatch.com/press-release/chatbot-market-size-share-price-growth-analysis-report-forecast-2023-2028-2023-03-27?mod=search_headline
Ethernet Adapter Market- https://www.marketwatch.com/press-release/ethernet-adapter-market-share-size-trends-growth-report-forecast-2023-2028-2023-03-27?mod=search_headline
Speech Analytics Market- https://www.marketwatch.com/press-release/speech-analytics-market-analysis-size-share-price-trends-growth-report-forecast-2023-2028-2023-03-27?mod=search_headline
Rice Protein Market- https://www.marketwatch.com/press-release/rice-protein-market-size-share-price-trends-growth-report-forecast-2023-2028-2023-03-24?mod=search_headline
Electric Vehicle Charger Market- https://www.marketwatch.com/press-release/electric-vehicle-charger-market-growth-size-share-price-trends-report-forecast-2023-2028-2023-03-24?mod=search_headline
Digital Lending Market- https://www.marketwatch.com/press-release/digital-lending-market-size-share-price-trends-growth-report-forecast-2023-2028-2023-03-24?mod=search_headline
Smart Transportation Market- https://www.marketwatch.com/press-release/smart-transportation-market-trends-size-share-price-growth-analysis-report-forecast-2023-2028-2023-03-24?mod=search_headline
Disposable Syringes Market- https://www.marketwatch.com/press-release/disposable-syringes-market-share-size-price-trends-growth-report-forecast-2023-2028-2023-03-23?mod=search_headline
Media Contact
Company Name: Claight Corporation
Contact Person: Ana John, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Elderly And Disabled Assistive Devices Market To Be Driven By The Growing Geriatric Population And People With Disabilities In The Forecast Period Of 2023-2028 here
News-ID: 2991667 • Views: 109
More Releases from Expert Market Research
Global HUMIRA (Adalimumab Drug) Market Size To Grow At A CAGR Of 1% During The F …
The 'Global HUMIRA (Adalimumab Drug) Market Size, Share, Price, Report and Forecast 2023-2031' by Expert Market Research gives an extensive outlook of the global HUMIRA (Adalimumab Drug) market, assessing the market on the basis of its segments like indication, type, dosage strength, drug type, route of administration, distribution channel, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the…
Global Automatic Labelling Machine Market To be Driven by the Need For E …
The new report by Expert Market Research titled, 'Global Automatic Labelling Machine Market Size, Report and Forecast 2023-2028', gives an in-depth analysis of the global automatic labelling machine market, assessing the market based on its segments like types, industries, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price…
Global Food Dehydrators Market To Be Driven At A CAGR Of 5% In The Forecast Peri …
The new report by Expert Market Research titled, 'Global Food Dehydrators Market Size, Share, Trends, Scope, Price, Report and Forecast 2023-2028', gives an in-depth analysis of the global food dehydrators market, assessing the market based on its segments like type, energy source, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America.
The report tracks the latest trends in the industry and studies…
Propane Market To Be Driven By The Increasing Demand For Alternative And Sustain …
The new report by Expert Market Research titled, 'Global Propane Market Size, Price, Report and Forecast 2023-2028', gives an in-depth analysis of the global propane market, assessing the market based on its segments like end use industry, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along…
More Releases for Elderly
Global Elderly Walker Market Analysis by 2020-2025
Global Info Research offers a latest published report on Elderly Walker Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Elderly Walker Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/Global-Elderly-Walker_p510225.html
Market…
Global Elderly and Disabled Assistive Devices Market Driven by Increasing Elderl …
Assistive devices and technologies minimize individual’s dependence on others and helps improve quality of life. Devices such as wheelchairs, visual aids, hearings aids, and specialized computer software and hardware system aids in enhancing hearing, vision, mobility, or communication of the elderly and disabled people. According to an article published in the Assistive Technology Blog (ATB) in September 2016, there are approximately 7.7 million new cases of dementia reported each year.…
Winners of the first Asian Elderly Care Awards
Manila, January 11, 2019: After many months of planning, organization, and judging, the team behind the inaugural Asian Elderly Care Awards (AECA) is excited to share the list of 2019 winners as well as the list of judges who participated.
The Asian Elderly Care Awards (AECA) are for best practices and excellence in contributing to the physical, emotional, economic, social and spiritual well-being of the elderly by any self-employed…
AUSTCO Confirms Partnership with Managing Elderly Care
Manila, November 17, 2018: The organizers of Managing Elderly Care are excited to share that Austco has confirmed their partnership for the 2019 event.
Austco is a leading global provider of nurse call communication technology cell call and software solutions for environments where communication is critical. Founded in 1986, Austco serves over 8,500 sites across 60 countries.
Austco currently has two products specifically for the aged-care market, these are Tacera and…
HealthCore to partner with Managing Elderly Care
Manila, November 5, 2018: The event organizers of Managing Elderly Care (MEC) announced that joining them in the much-awaited conference and expo is HealthCore, a leading regional healthcare Consultancy, Standards, Research, and Advocacy group.
HealthCore assists stakeholders involved with international healthcare management practices, medical and wellness tourism, and retirement services. It provides solutions to healthcare organizations in their pursuit of global competitiveness, excellent patient service, and enhanced bottom-line by…
Conference and Event Organizers Inc. announces the upcoming Managing Elderly Car …
Manila, July 31, 2018: Conference and Event Organizers Inc. announced a major upcoming conference, Managing Elderly Care (MEC). The inaugural event is set for March 2019 in Manila and will attract over 800 delegates from 25 countries.
The conference also is putting together 60 to 70 speakers from 15 countries, 40 to 50 exhibit booths and 20 to 30 sponsors and partners. Managing Elderly Care (MEC) will probably have…
