Assistive Technology Market

Assistive Technology Market, By Product Type (Mobility Devices, Hearing Aids, Vision and Reading Aids, Communication Devices, Daily Living Aids, Prosthetics and Orthotics, Assistive Software and Apps, Others (cognitive aids, sensory stimulation devices, environmental control systems)), By Disability Type (Mobility Impairment, Hearing Impairment, Visual Impairment, Speech and Language Impairment, Cognitive Impairment, Others (autism, developmental disorders, multiple disabilities)), By Age Group (Children, Adults, Elderly), By Distribution Channel (Retail Stores, Online Retail, Healthcare Institutions, Others (specialty stores, assistive technology centers)), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Many people who learn and think differently use tools to help them work around their challenges. These tools are called Assistive Technology or AT. The term AT refers to any device or software that helps a person with a disability do something they cannot do on their own. People use AT at home, in schools and on the job. For example, a student with a visual impairment might use a slant board to assist with writing or a talking calculator when working on math. In the classroom, a student with a motor impairment might use flexible furniture or an exercise ball to improve gross motor movement. Students with speech disabilities benefit from assistive technologies that support communication such as a stuttering app, voice-to-text programs and word prediction software.

Market Dynamics:

The global population is aging and the demand for assistive technologies to assist the geriatric population is rising. Mobility aids, hearing aids, and vision enhancement devices help older individuals maintain their independence and quality of life through the use of assistive technology.

However, cost is a significant market constraint for AT. Numerous AT solutions, such as sophisticated prosthetics, communication devices, and mobility aids, can be costly, making them unaffordable for some people with disabilities. The costly development and manufacturing costs of AT devices contribute to their inflated prices. Insufficient insurance coverage and a lack of funding options further impede access to assistive technology.

Key features of the study:

This report provides in-depth analysis of the global assistive technology market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global assistive technology market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Invacare Corporation, Ottobock SE & Co. KGaA, Sonova Holding AG, GN Store Nord A/S, MED-EL, Cochlear Limited, Permobil AB, Sunrise Medical LLC, Tobii AB, ResMed Inc., Sivantos Group, Ai-Media, Phonak AG, Starkey Hearing Technologies, Dynavox Systems LLC

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global assistive technology market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global assistive technology market

Detailed Segmentation:

Global Assistive Technology Market, By Product Type:

Mobility Devices

Hearing Aids

Vision and Reading Aids

Communication Devices

Daily Living Aids

Prosthetics and Orthotics

Assistive Software and Apps

Others (cognitive aids, sensory stimulation devices, environmental control systems)

Global Assistive Technology Market, By Disability Type:

Mobility Impairment

Hearing Impairment

Visual Impairment

Speech and Language Impairment

Cognitive Impairment

Others (autism, developmental disorders, multiple disabilities)

Global Assistive Technology Market, By Age Group:

Children

Adults

Elderly

Global Assistive Technology Market, By Distribution Channel:

Retail Stores

Online Retail

Healthcare Institutions

Others (specialty stores, assistive technology centers)

Global Assistive Technology Market, By Geography:

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Company Profile:

Invacare Corporation

Ottobock SE & Co. KGaA

Sonova Holding AG

GN Store Nord A/S

MED-EL

Cochlear Limited

Permobil AB

Sunrise Medical LLC

Tobii AB, ResMed Inc.

Sivantos Group

Ai-Media

Phonak AG

Starkey Hearing Technologies

Dynavox Systems LLC


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Disability Type
Market Snapshot, By Age Group
Market Snapshot, By Distribution Channel
Market Snapshot, By Geography
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Aging Population
Restraints
High Costs
Opportunities
Customization and Personalization
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Assistive Technology Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Assistive Technology Market , By Product Type, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Mobility Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Hearing Aids
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Vision and Reading Aids
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Communication Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Daily Living Aids
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Prosthetics and Orthotics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Assistive Software and Apps
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. Global Assistive Technology Market , By Disability Type, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Mobility Impairment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Hearing Impairment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Visual Impairment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Speech and Language Impairment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Cognitive Impairment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
7. Global Assistive Technology Market , By Age Group, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Children
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Adults
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Elderly
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
8. Global Assistive Technology Market , By Distribution Channel, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Retail Stores
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Online Retail
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Healthcare Institutions
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
9. Global Assistive Technology Market , By Region, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018 –2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Geography, 2023-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Geography, 2023-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Geography, 2023-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Geography, 2023-2030,(US$ Bn)
10. Competitive Landscape
Invacare Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Ottobock SE & Co. KGaA
Sonova Holding AG
GN Store Nord A/S
MED-EL
Cochlear Limited
Permobil AB
Sunrise Medical LLC
Tobii AB
ResMed Inc.
Sivantos Group
Ai-Media
Phonak AG
Starkey Hearing Technologies
Dynavox Systems LLC
Analyst Views
11. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on "Global Assistive Technology Market” - Global forecast to 2030

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