Press release
Elderly and Disabled Assistive Devices Market Surges Amid Aging Population and Tech Advancements 2025 | Top key players - Sunrise Medical, Pride Mobility, Kaye Products.
The Global Elderly and Disabled Assistive Devices Market reached US$ 26.7 billion in 2023 and is expected to reach US$ 40.3 billion by 2031, growing at a CAGR of 15.6% during the forecast period 2024-2031.The Elderly and Disabled Assistive Devices Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Elderly and Disabled Assistive Devices Market comprises products and technologies designed to aid aging individuals and those with disabilities in performing daily activities, improving mobility, communication, and overall quality of life. These devices include mobility aids, hearing aids, vision enhancement tools, and home healthcare equipment, addressing the growing demand for independence, safety, and healthcare accessibility in aging populations.
Prominent Industry players in the Elderly and Disabled Assistive Devices Market
The prominent players in Elderly and Disabled Assistive Devices market research report are: TOPRO, Carex Health Brand Incorporation, Drive Medical Design & Manufacturing, Invacare, Sunrise Medical, Pride Mobility, Kaye Products, Electric Mobility, Briggs Healthcare, and Patterson Medical among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
January 2024 - Central Government (India): Launched PM Divyasha Kendras (PMDK) to reduce wait times for assistive devices like wheelchairs, prosthetics, hearing aids, and low-vision spectacles. These one-stop centers will be rolled out within AIIMS institutes (starting with Nagpur, Kalyani, Rishikesh, and Delhi).
December 2023 - SAIL & ALIMCO: Steel Authority of India Limited (SAIL) partnered with ALIMCO to distribute assistive devices to persons with disabilities (divyangjans), reinforcing its commitment to social responsibility and accessibility.
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Market Segments
By Product Type: Wheel Chairs, Walking Aids, Mobility Scooters, Video magnifiers, Braille translators, Others.
By End User: Hospitals, Ambulatory Surgery Centers, Adult Day Care Centers, Others.
The Elderly and Disabled Assistive Devices industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Elderly and Disabled Assistive Devices Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Elderly and Disabled Assistive Devices Market?
✒ Who are the prominent players in the Elderly and Disabled Assistive Devices Market?
✒ How is the regulatory landscape affecting the Elderly and Disabled Assistive Devices Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Elderly and Disabled Assistive Devices Market?
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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