Elderly and Disabled Assistive Devices Market

Assistive technology is an umbrella term that includes assistive, adaptive, and rehabilitative devices for people with disabilities while also including the process used in selecting, locating, and using them. People who have disabilities often have difficulty performing activities of daily living (ADLs) independently, or even with assistance. ADLs are self-care activities that include toileting, mobility (ambulation), eating, bathing, dressing and grooming. Assistive technology can ameliorate the effects of disabilities that limit the ability to perform ADLs. Assistive technology promotes greater independence by enabling people to perform tasks they were formerly unable to accomplish, or had great difficulty accomplishing, by providing enhancements to, or changing methods of interacting with, the technology needed to accomplish such tasks. For example, wheelchairs provide independent mobility for those who cannot walk, while assistive eating devices can enable people who cannot feed themselves to do so. Due to assistive technology, people with disabilities have an opportunity of a more positive and easygoing lifestyle, with an increase in "social participation," "security and control," and a greater chance to "reduce institutional costs without significantly increasing household expenses."

Elderly and Disabled Assistive Devices Market contains market size and forecasts of Elderly and Disabled Assistive Devices in global, including the following market information:

Global Elderly and Disabled Assistive Devices Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Elderly and Disabled Assistive Devices Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Elderly and Disabled Assistive Devices companies in 2021 (%)

The global Elderly and Disabled Assistive Devices market was valued at 23610 million in 2021 and is projected to reach US$ 42110 million by 2028, at a CAGR of 8.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

HA Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Elderly and Disabled Assistive Devices include Sonova Holding, William Demant, Invacare, Ottobock, Starkey, GN ReSound, Sivantos, Cochlear and Widex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Elderly and Disabled Assistive Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Elderly and Disabled Assistive Devices Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Elderly and Disabled Assistive Devices Market Segment Percentages, by Type, 2021 (%)

HA

MMA&AD

V&RA

MF&BSP

Global Elderly and Disabled Assistive Devices Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Elderly and Disabled Assistive Devices Market Segment Percentages, by Application, 2021 (%)

For Elderly

For Disabled

Others

Global Elderly and Disabled Assistive Devices Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Elderly and Disabled Assistive Devices Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Elderly and Disabled Assistive Devices revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Elderly and Disabled Assistive Devices revenues share in global market, 2021 (%)

Key companies Elderly and Disabled Assistive Devices sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Elderly and Disabled Assistive Devices sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Sonova Holding

William Demant

Invacare

Ottobock

Starkey

GN ReSound

Sivantos

Cochlear

Widex

Sunrise Medical

Permobil Corp

MED-EL

Pride Mobility