Elderly and Disabled Assistive Devices Market Demand, Competitive Landscape 2030

Posted by Vedika on March 28th, 2021

The Global Elderly and Disabled Assistive Devices Market size is estimated to be USD 28.21 billion in 2019 and is predicted to reach USD 65.11 billion by 2030 with a CAGR of 7.9% from 2020-2030.

Elderly and Disabled Assistive Devices includes the variety of devices with advanced technology and provide enhanced mobility to the geriatric and disabled patient. It consists of various devices which are used in day today activities such as walking, hearing and others and also helps in the improvement of quality of life. These devices can be independently used by the geriatric and disabled and make them self-dependent for daily chores.

Access Full Description of this report at:-


Top Companies: GN Resound Group, Freedom Scientific, Inc., Drive Medical Design And Manufacturing, Blue Chip Medical Products, Inc., Ai Squared, Bausch and Lomb, Inc., Sonova Holding AG, Permobil AB, Wintriss Engineering Corporation and others.

The global elderly and disabled assistive devices market share is analyzed on the basis of product, end user and geography. On the basis of product, the market is segmented into Mobility Assistance Aids, Assistive Furniture, Bathroom Safety & Assistive Products, and Communication Aids. The Mobility Assistance Aids are sub segmented into Wheelchairs, Mobility Scooters, Crutches & Canes, Patient Mechanical Lift Handling, Walkers & Rollators, and Others. The Assistive Furniture segment is further divided into Medical Beds, Riser Reclining Chairs, Railings & Bar, Door Openers, Others. The Bathroom Safety & Assistive Products segment is further sub segmented into Commodes Chairs, Shower Chairs, Ostomy Products, and Others. The communication aids segment is further sub segmented into Speech & Writing Therapy Devices, Hearing Aids, and Vision & Reading Aids. On the basis of end user, the market is divided into Hospitals, Elderly Nursing Homes, Homecare, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

North America is expected to hold the major market share over the forecast period due to the increased adoption of elderly and assistive devices over the forecast period. The other factors such as increase in geriatric population, coupled with technological advancement, and increase in trauma cases are expected to fuel the growth of elderly and disabled assistive devices market. Asia Pacific is expected to develop significantly over the forecast period with substantial growth in market share attribute by various factors such as changing lifestyle, developing healthcare facilities, increase in research and development activities are further expected to augment the growth of elderly and disabled assistive devices market in the near future.

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

Like it? Share it!


About the Author

Joined: November 28th, 2020
Articles Posted: 128

More by this author