Elderly and Disabled Assistive Devices Market is expected to expand at a CAGR of 6.90% between 2013 and 2019
As per the report, the increasing disabled population and geriatric population, rising funding by governments, and launch of new cutting-edge products including powered wheelchairs, implants, sensor-based door openers, and portable reading machines have fuelled the market for elderly and disabled assistive devices. On the other hand, the expansion of the market may be inhibited in the coming years due to rising product prices. For instance, advanced hearing aids such as bone anchored aids cost about US$10,000 per device at present.The report segments the elderly and disabled assistive devices market on the basis of type, product, and geography.
Request to View Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1629
On the basis of type, the market is segmented into medical mobility aids and ambulatory devices and medical furniture and bathroom safety products. Medical mobility aids and ambulatory devices include mobility scooters, wheelchairs, cranes and crutches, transfer lifts, door openers, walkers and rollators, and others including pillows, back supports, and cushions.
On the other hand, medical furniture and bathroom safety products include medical beds, ostomy products, bars and railings, commodes and shower chairs, and others including pool lifts, bath lifts, hearing aids, and vision and reading aids. Hearing aids are further segmented into receiver-in-the-ear (RITE) aids, in-the–ear (ITE) aids, behind-the-ear (BTE) aids, cochlear implants, and bone anchored hearing aids. Vision and reading aids are further segmented into reading machines, braille translators, video magnifiers, and others including kitchen appliances and books.
Amongst these types, in 2012, the segment of hearing aids held the biggest share in the elderly and disabled assistive devices market. This is owing to the huge number of people suffering from hearing impairments. As per the World Health Organization (WHO), approximately 5% of the population of the world suffers from hearing loss. On the other hand, the segment of medical mobility aids and ambulatory devices is the second biggest segment and is predicted to exhibit expeditious growth in the forecast horizon.
Read Report Overview @ https://www.transparencymarketresearch.com/elderly-disabled-assistive-devices.html
On the basis of geography, the market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, in 2012, North America held the biggest share in the elderly and disabled assistive devices market. On the other hand, Asia Pacific is expected to experience the highest growth rate during the forecast horizon and is predicted to rise at a 6.0% CAGR. This is due to the rise in the disabled and elderly population, increasing disposable incomes, and rise in government funding.According to the report, the prominent players dominant in the market include William Demant Holding A/S, Sonova Holding AG, Sunrise Medical LLC, Invacare Corporation, Ai Squared, and GN ReSound Group, among others.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Elderly and Disabled Assistive Devices Market is expected to expand at a CAGR of 6.90% between 2013 and 2019 here
News-ID: 836381 • Views: 118
More Releases from Transparency Market Research
Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The
More Releases for Elderly
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.
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
Managing Elderly Care in Final Stages of Hotel Selection
Manila, October 1, 2018: After months of going back and forth with different hotels, Managing Elderly Care (MEC) finally has shortlisted 3 hotels willing to partner with the event as a main venue for the conference and expo. Event director Reg Valencia said that essentially, we have four basic criteria in making a hotel selection: a) the location of the hotel - related to ease of getting there, the availability of satellite
Nursing homes for the elderly in Korea
As an elderly person, living alone in Korea is difficult. What options do senior citizens have for nursing home facilities? Dr. Justin Lee, Managing Director of Spire Research and Consulting, South Korea shared his thoughts on Korea’s JoongAng Ilbo news portal. Korea now has 3,316 nursing homes and 1,500 specialized elderly hospitals nation-wide. The need for specialised elderly care in Korea is on a gradual rise, as those with health complications cannot
Elderly and Disabled Assistive Equipment Market Trends, Analysis and Forecast
QYResearchReports.com announces the addition of a new research report, titled “Global Elderly and Disabled Assistive Equipment Market Research Report 2016.” This study presents a comprehensive understanding of the market and also includes a thorough analysis of the segments such as product types and regions dominant in the market. The key strategies being implemented by the primary players for the development of the market also form a key part of this