Elderly and Disabled Assistive Device Market is Poised to Grow a Robust CAGR 5.46% by 2030

The latest study released on the Global Elderly and Disabled Assistive Device Market by HTF MI evaluates market size, trend, and forecast to 2030. The Elderly and Disabled Assistive Device market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include: Arjo (Sweden), Carex Health Brands Inc. (United States), Graham-Field Health Products (United States), Invacare GB (United Kingdom), Kaye Products Inc. (United States), Pride Mobility Products Corporation (United States), Stryker Corporation (United States), Sunrise Medical (United States), Oticon (Denmark), Phonak (Switzerland), Permobil (Sweden)

According to HTF Market Intelligence, the global Elderly and Disabled Assistive Device market is valued at USD 34310 Million in 2023 and is estimated to reach a revenue of USD 49777 Million by 2030, with a CAGR of 5.46% from 2023 to 2030.

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Definition:
An assistive device for the elderly and disabled is a tool or technology designed to aid individuals with physical, sensory, or cognitive impairments in performing daily activities and improving their quality of life.

Market Trends:
●Technological Advancements
●Telehealth Integration

Market Drivers:
●Rising Prevalence of Disabilities
●Rising Demand for Home Care

Market Opportunities:
●Government Initiatives
●Personalization and Customization

Market Leaders & Development Strategies:
In June 2021, Demant A/S announced the establishment of a new facility to expand the production and regionalized distribution of hearing aids. In August 2022, GF Health Products Inc. introduced its Pure Tilt-in-space wheelchair, which is designed to provide optimal comfort and ensure safety. The regulation of medical devices in the EU is overseen by the European Medicines Agency (EMA) through the Medical Devices Regulation (MDR). This involves assistive equipment such as electric wheelchairs, which are required to meet MDR guidelines related to risk assessment and clinical assessment.

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The Global Elderly and Disabled Assistive Device Market segments and Market Data Break Down are illuminated below:
Elderly and Disabled Assistive Device Market is Segmented by Product Type (• Mobility Aids, o Wheelchairs, o Walkers, o Others, • Daily Living Aids, o Bathing and toileting aids, o Dressing aids, o Eating aids, o Others, • Others) by Gender (Male, Female) by Distribution Channel (Direct Sale, Distributors) by End User (Individual, Hospitals, Nursing Homes, Assisted Living Facilities) and by Geography (North America, South America, Europe, Asia Pacific, MEA)

Global Elderly and Disabled Assistive Device market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
• -To carefully analyze and forecast the size of the Elderly and Disabled Assistive Device market by value and volume.
• -To estimate the market shares of major segments of the Elderly and Disabled Assistive Device
• -To showcase the development of the Elderly and Disabled Assistive Device market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Elderly and Disabled Assistive Device market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Elderly and Disabled Assistive Device
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Elderly and Disabled Assistive Device market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐝𝐞𝐱 𝐨𝐟 𝐟𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐭𝐮𝐝𝐲: https://www.htfmarketintelligence.com/report/global-elderly-and-disabled-assistive-device-market

Major highlights from Table of Contents:
Elderly and Disabled Assistive Device Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of Elderly and Disabled Assistive Device market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Elderly and Disabled Assistive Device Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Elderly and Disabled Assistive Device Market Production by Region Elderly and Disabled Assistive Device Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Elderly and Disabled Assistive Device Market Report:
• Elderly and Disabled Assistive Device Overview, Definition and Classification Market drivers and barriers
• Elderly and Disabled Assistive Device Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Elderly and Disabled Assistive Device Market
• Elderly and Disabled Assistive Device Capacity, Production, Revenue (Value) by Region (2023-2030)
• Elderly and Disabled Assistive Device Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Elderly and Disabled Assistive Device Production, Revenue (Value), Price Trend by Type {• Mobility Aids, o Wheelchairs, o Walkers, o Others, • Daily Living Aids, o Bathing and toileting aids, o Dressing aids, o Eating aids, o Others, • Others}
• Elderly and Disabled Assistive Device Manufacturers Profiles/Analysis Elderly and Disabled Assistive Device Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
• How feasible is Elderly and Disabled Assistive Device market for long-term investment?
• What are influencing factors driving the demand for Elderly and Disabled Assistive Device near future?
• What is the impact analysis of various factors in the Global Elderly and Disabled Assistive Device market growth?
• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.