Uploaded on Oct 23, 2024
According to the latest research report by IMARC Group, The global elderly and disabled assistive devices market size reached US$ 31.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 52.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032. More Info:- https://www.imarcgroup.com/elderly-disabled-assistive-devices-market
Elderly and Disabled Assistive Devices Market Growth, Demand and Challenges of the Key Industry Players 2032
Global Elderly and
Disabled Assistive Devices
Market Research and
Forecast Report 2024-2032
Format: PDF+EXCEL
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A c c o r d i n g t o t h e l a t e s t r e p o r t b y I M A R C G r o u p , t i t l e d " E ld e r ly a n d D i s a b le d A s s i s t i v e
D e v i c e s M a r k e t : G lo b a l In d u s t r y T r e n d s , S h a r e , S i z e , G r o w t h , O p p o r t u n i t y a n d
F o r e c a s t 2 0 2 4 - 2 0 3 2 , " t h e g l o b a l e l d e r l y a n d d i s a b l e d a s s i s t i v e d e v i c e s m a r k e t s i z e
r e a c h e d U S $ 3 1 .1 B i l l i o n i n 2 0 2 3 .
F a c to rs A f fe c t in g th e G ro w th o f th e E ld e r ly a n d D is a b le d A s s is t i v e D e v ic e s
Report I n d u s t ry :
G o v er n me n t I n i t i a t i v es a n d H e a l th c a re P o l ic ie s :
Highlight and G o v e r n m e n t a l p o l i c i e s a n d i n i t i a t i v e s p l a y a c r u c i a l r o l e i n i m p e l l i n g t h e g r o w t h o f t h e m a r k e t . V a r i o u s g o v e r n m e n t s w o r l d w i d e a r e i m p l e m e n t i n g s u p p o r t i v e p o l i c i e s , o f f e r i n g
s u b s i d i e s , a n d f u n d i n g p r o g r a m s t o f a c i l i t a t e a c c e s s t o a s s i s t i v e d e v i c e s , r e c o g n i z i n g
Description t h e i r s i g n i f i c a n c e i n e n a b l i n g i n d e p e n d e n c e f o r e l d e r l y a n d d i s a b l e d i n d i v i d u a l s . T h e s e i n i t i a t i v e s o f t e n i n c l u d e i n s u r a n c e c o v e r a g e e x p a n s i o n s , t a x r e d u c t i o n s , a n d d i r e c t
f u n d i n g , w h i c h a l l e v i a t e t h e f i n a n c i a l b u r d e n o n e n d - u s e r s a n d e n c o u r a g e t h e a d o p t i o n o f
a s s i s t i v e t e c h n o l o g i e s .
F u r t h e r m o r e , l e g i s l a t i v e f r a m e w o r k s m a n d a t i n g t h e a v a i l a b i l i t y o f a s s i s t i v e d e v i c e s i n
p u b l i c s p a c e s a n d i n s t i t u t i o n s a r e c r e a t i n g a m o r e i n c l u s i v e s o c i e t y . S u c h p o l i c i e s n o t
o n l y d r i v e t h e d e m a n d f o r a s s i s t i v e d e v i c e s b u t a l s o e n c o u r a g e m a n u fa c t u r e r s t o i n v e s t i n
r e s e a r c h a n d d e v e l o p m e n t ( R & D ) , f o s t e r i n g i n n o v a t i o n a n d e x p a n d i n g t h e r a n g e o f
a v a i l a b l e p r o d u c t s t o me e t t h e d i v e r s e n e e d s o f t h i s g r o w i n g u s e r b a s e .
Demographic Shi f ts:
As l i f e expec tancy inc reases due to advancements in hea l thcare , the re is a
r i se in the p reva lence o f age - re la ted a i lmen ts , such as a r th r i t i s , os teoporos is ,
and A lzhe imer ’ s , a longs ide d isab i l i t ies tha t necess i ta te ass is t i ve dev ices . The
demograph ic sh i f t t owa rds a more s ign i f i can t e lde r ly popu la t ion segment
d r ives the demand fo r va r ious ass is t i ve p roduc ts , rang ing f rom mob i l i t y a ids
l i ke wa lke rs and whee lcha i rs to da i l y l i v ing a ids and commun ica t ion dev ices .
Report Th is demograph ic t rans fo rmat ion ensures innova t ion in the deve lopmen t o f
mob i l i t y ass is tance dev ices . Moreover , the need fo r suppor t i ve dev ices is
Highlight and i nc reas ing to enhance l i f e qua l i t y , f os te r i ndependence , and reduce the dependency on ca reg ive rs .
Technological Advancements:
Description Innova t ions , such as mob i l i t y a ids , hear ing a ids , and ass is t i ve fu rn i tu re , a re
con t inuous ly evo lv ing , incorpo ra t ing advanced fea tu res l i ke w i re less
connec t i v i t y , a r t i f i c ia l in te l l i gence (A I ) , and robo t i cs . These enhancemen ts
improve the au tonomy and qua l i t y o f l i fe f o r use rs , o f fe r ing more use r - f r i end ly ,
e f f i c ien t , and e f fec t ive so lu t ions . Moreover , the in teg ra t ion o f A I in mob i l i t y
dev ices a l lows fo r smar te r nav iga t ion and obs tac le avo idance , t hus ensur ing
g rea te r sa fe ty .
Moreover , the adven t o f smar t home techno log ies fac i l i t a tes seamless
in te rac t ion w i th va r ious dev ices , p romot ing a more independen t and
comfo r tab le l i v ing env i ronment . As techno logy advances , the adop t ion ra te o f
these dev ices i s i nc reas ing .
Report Request for a PDF sample o f th is repor t : h t tps : / /www. imarcgroup .com/e lder ly -d isab led-ass is t i ve -dev ices-marke t / reques t
samp le
Highlight and
Description
Report Description
Global Elder ly and Disabled Assist ive Devices Market Trends:
The increase in awareness and soc ia l accep tance o f d isab i l i t i es and the needs o f the e lder ly popu la t ion is
bo ls ter ing the marke t g rowth. Pub l i c educat ion campa igns, advocacy by non-pro f i t o rgan iza t ions, and
representa t ion in media a re p lay ing v i ta l ro les in norma l iz ing the use o f ass is t i ve dev ices , thereby reduc ing
s t igma and encourag ing ind iv idua ls to seek he lp and adopt ass is t i ve so lu t ions. As soc ie ty becomes more
inc lus ive , the demand fo r dev ices that a id mobi l i t y , communicat ion , and da i l y l i v ing ac t i v i t ies esca la tes .
Th is he ightened awareness a lso leads to ear ly d iagnos is and t rea tment , d r iv ing the marke t demand fo r these
dev ices. The soc ia l sh i f t towards embrac ing d ivers i ty and inc lus ion in phys ica l and cogn i t ive ab i l i t i es is thus
ins t rumenta l in fos te r ing an env i ronment where the use o f ass is t i ve dev ices is norma l ized , thereby b roaden ing
the cus tomer base and encourag ing techno log ica l and p roduct advancements .
View Report TOC, F igures and Tables :
ht tps: / /www. imarcgroup.com/e lder ly -d isabled-ass is t ive-devices-market
Breakup by Service Type:
• Mobi l i ty Aids Devices
o Wheelchairs
o Mobi l i ty Scooters
o Cranes and Crutches
o Walkers and Rol lators
o Transfer Li fts
o Door Openers
Report o Others
Segmentation • Living Aids Devices
o Reading and Vision Aids
o Hearing Aids
• Medical Furniture
o Medical Beds
o Medical Furniture Accessories
o Door Openers
o Others
• Bathroom Safety Devices
o Commodes
o Bars, Grips, and Rai ls
o Shower Chairs
o Ostomy Products
Breakup by End User:
• Hospitals
Report • Nursing Homes
• Assisted Living Faci l i t ies
Segmentation • Homecare
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Carex Health Brands Inc.
• Demant A/S
• GF Health Products Inc.
• GN Hearing A/S
Competitive
• Invacare Corporat ion
Landscape • Kaye Products Inc.
with Key • Medical Depot Inc.
• NOVA Medical Products
Players
• Pride Mobi l i ty Products Corporation
• Sonova Holding AG
• Starkey Hearing Technologies
• Sunrise Medical Inc.
What was the size of the global elderly and disabled
assistive devices market in 2023?
What is the expected growth rate of the global elderly
and disabled assistive devices market during 2024-
2032?
What are the key factors driving the global elderly and
Key disabled assistive devices market?
Questions What has been the impact of COVID-19 on the global
elderly and disabled assistive devices market?
Answered in
What is the breakup of the global elderly and disabled
the Report assistive devices market based on the service type?
What is the breakup of the global elderly and disabled
assistive devices market based on the end user?
What are the key regions in the global elderly and
disabled assistive devices market?
Who are the key players/companies in the global elderly
and disabled assistive devices market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
2 . 4 . 1 B o t t o m - U p A p p r o a c h
Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
4 . 1 O v e r v i e w
Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l E l d e r l y a n d D i s a b l e d A s s i s t i v e D e v i c e s M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y S e r v i c e T y p e
6 . 1 M o b i l i t y A i d s D e v i c e s
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 K e y S e g m e n t s
6 . 1 . 2 . 1 W h e e l c h a i r s
6 . 1 . 2 . 2 M o b i l i t y S c o o t e r s
6 . 1 . 2 . 3 C r a n e s a n d C r u t c h e s
6 . 1 . 2 . 4 W a l k e r s a n d R o l l a t o r s
6 . 1 . 2 . 5 T r a n s f e r L i f t s
6 . 1 . 2 . 6 D o o r O p e n e r s
6 . 1 . 2 . 7 O t h e r s
6 . 1 .3 M a rk e t F o r e c a s t
6 . 2 L i v i n g A i ds D ev i c e s
6 . 2 .1 M a rk e t T re n d s
6 . 2 .2 K e y S e g m en t s
6 . 2 . 2 . 1 R e a d i ng a n d V i s i o n A i d s
6 . 2 . 2 . 2 H e a r i n g A i d s
6 . 2 .3 M a rk e t F o r e c a s t
6 . 3 Me d i c a l F u r n i t u r e
6 . 3 .1 M a rk e t T re n d s
6 . 3 .2 K e y S e g m en t s
6 . 3 . 2 . 1 M e d i ca l B e ds
Table of 6 . 3 . 2 . 2 M e d i ca l F u rn i t u r e A c c e s s o r i e s 6 . 3 . 2 . 3 D o o r O p e ne r s
6 . 3 . 2 . 4 O t h e r s
Contents 6 . 3 .3 M a rk e t F o r e c a s t 6 . 4 B a t h r oo m S a f e t y D e v i c e s
6 . 4 .1 M a rk e t T re n d s
6 . 4 .2 K e y S e g m en t s
6 . 4 . 2 . 1 C o m mo d e s
6 . 4 . 2 . 2 B a r s , G r i ps , a n d R a i l s
6 . 4 . 2 . 3 S h o w er C h a i r s
6 . 4 . 2 . 4 O s t om y P r o d u c ts
6 . 4 .3 M a rk e t F o r e c a s t
7 Ma r k e t B r e a ku p b y E n d U se r
7 . 1 H o s p i t a l s
7 . 1 .1 M a rk e t T re n d s
7 . 1 .2 M a rk e t F o r e c a s t
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