Assistive Technology Market by Device and Geography - Forecast and Analysis 2021

Posted by sarahbennu on April 9th, 2021

Assistive Technology Market will register a CAGR of % during 2020-2024. The market’s growth momentum will Accelerate.

Increasing number of orthopedic and neurological disorders | Growing demand for rehabilitation centers | Growing focus on compliance with industrial standards will be one of the major factors driving the growth of this market. Additionally, key Assistive Technology Market trends such as the Growing adoption of hearing aids with rechargeable batteries | Increase in development of new products | Growing demand for customization will also influence market growth during the forecast period.

Assistive Technology Market Size

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During the forecast period, the Assistive Technology Market size will grow by $ 7.93 bn.

Assistive Technology Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Assistive Technology Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the High cost of mobility products | Presence of substitute products | Limited availability of assistive technology in rural markets will also challenge the growth of the companies.

Demant AS | Drive DeVilbiss Healthcare | GF Health Products Inc. | GN Store Nord AS | Invacare Corp. | MED-EL Elektromedizinische Gerate GmbH | Medline Industries Inc. | Permobil AB | Sonova Holding AG | Sunrise Medical LLC.list

are some of the companies covered in Technavio’s Assistive Technology Market report for 2021-2025.

Assistive Technology Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Assistive Technology Market.

The North America will account for the largest Assistive Technology Market share and during 2021-2025, the region will contribute to 34% of the market’s growth.

In addition to regions and the key companies involved, Technavio’s Assistive Technology Market report also analyzes the market by Sensory aids | Mobility aids | Others | North America | Europe | Asia | ROW.comma