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Global Assistive Technologies For Visually Impaired Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Assistive Technologies For Visually Impaired Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Assistive Technologies For Visually Impaired Market Size Expected to Be by 2034?
The market size for assistive technologies designed for the visually impaired has experienced quick expansion in the past few years. The projection sees it advancing from $6.11 billion in 2024 to $7.03 billion in 2025, with a compound annual growth rate (CAGR) of 15.0%. The previous expansion pace is likely due to a surge in elderly population, increased knowledge about assistive technologies, and the growth in governmental initiatives.
In the following years, there is an anticipated swift expansion in the market size for assistive technologies for visually impaired individuals. The market is projected to reach $12.31 billion in 2029, with a compound annual growth rate (CAGR) of 15.0%. This growth within the forecast period is likely due to an increased number of cases related to visual impairments and blindness, coupled with an escalating demand to cater to the patient's unfulfilled needs. The forecast period will also see significant trends such as AI-powered smart glasses, sophisticated screen readers, braille displays, and the use of Augmented Reality (AR) for navigation.
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What Are the Emerging Segments Within the Assistive Technologies For Visually Impaired Market?
The assistive technologies for visually impaired market covered in this report is segmented -
1) By Type: Educational Devices And Software, Mobility Devices, Low Vision Devices
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Optical Stores, Online Pharmacies
3) By End User: Blind Schools, Enterprises And Social Organizations, Personal Use, Hospitals, Other End Users
Subsegments:
1) By Educational Devices And Software: Braille Notetakers, Screen Readers, Accessible Learning Software
2) By Mobility Devices: Canes (Traditional And Smart Canes), GPS Navigation Devices, Wearable Technology For Navigation
3) By Low Vision Devices: Magnifiers (Handheld And Electronic), Telescopic Lenses, Digital Magnification Devices
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What Long-Term Drivers Are Shaping Assistive Technologies For Visually Impaired Market Trends?
The surge in cases of visual handicaps and blindness is predicted to boost the expansion of the assistive technologies for the visually impaired market. These impairments entail conditions that cause limited or a complete loss of sight, impacting an individual's visual perception at different levels. Assistive innovations improve accessibility for those with visual handicaps and blindness, delivering vital aid such as braille displays for enhanced navigation, information comprehension, and communication. For example, in August 2023, the World Health Organization revealed that an astonishing 2.2 billion people globally struggle with vision impairment, with 1 billion of these cases being either preventable or insufficiently treated. Furthermore, 36% of these are affected by refractive errors, while 17% suffer from impairment due to cataracts. Consequently, the rising instances of visual handicaps and blindness are fueling the expansion of the assistive technologies market for the visually impaired.
Who Are the Top Competitors in Key Assistive Technologies For Visually Impaired Market Segments?
Major companies operating in the assistive technologies for visually impaired market report are Apple, Google Inc., Plantronics Inc., Cambium Learning Group, OrCam Technologies Ltd., Vispero, Freedom Scientific Inc., Humanware Pty. Ltd., Amedia Corporation, Aira Tech Corp., LVI Low Vision International AB, Maxi-Aids, AbleNet Inc., Dolphin Computer Access Ltd., Eschenbach Optik GmbH, eSight Corporation, Zoomax Inc., Attainment Company, Ash Technologies, Boundless Assistive Technology, Eye-D, Adaptivation Inc., American Thermoform Corporation, ABiSee Inc., ViewPlus Technologies Inc., Envision AI, Ai Squared Inc., Eyedaptic Inc., Access Ingenuity, Torchit
What Assistive Technologies For Visually Impaired Market Trends Are Gaining Traction Across Different Segments?
Major firms that are part of the market for assistive technologies for the visually impaired are driving their profitability upwards by advancing their products with pioneering technologies like artificial intelligence (AI) infused smart glasses. This technology encourages visually impaired individuals to interact with their environment and navigate their surroundings more independently and confidently. For example, Envision, a firm based in Netherlands, introduced an AI-powered smart glasses for visually impaired users in March 2022. These AI-driven glasses provide a range of enhanced features such as OCR, boosted text recognition, support in multiple languages, and a comprehensive app ecosystem for the effortless integration of custom-made applications, offering specific functionalities like mobility assist and orientation both inside and outside. These smart glasses are equipped with functions for scene description, color identification, and facial and object recognition. Furthermore, they include a secure video call feature for easy communication with trusted individuals. They transform visual information into auditory indications, fostering independence and expanding the user's perception of potential. These glasses, which are based on the Google Glass Enterprise Edition 2 and weigh less than 50g, come with an 8MP wide-angle camera, guarantee constant connectivity for 5-6 hours, and support USB-C rapid charging.
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Which Regions Are Becoming Hubs for Assistive Technologies For Visually Impaired Market Innovation?
North America was the largest region in the assistive technologies for visually impaired market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the assistive technologies for visually impaired market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Assistive Technologies For Visually Impaired Market?
2. What is the CAGR expected in the Assistive Technologies For Visually Impaired Market?
3. What Are the Key Innovations Transforming the Assistive Technologies For Visually Impaired Industry?
4. Which Region Is Leading the Assistive Technologies For Visually Impaired Market?
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