Elderly and Disabled Assistive Devices Market, by Device Type (Medical Mobility Aids and Ambulatory Devices, Medical Furniture and Bathroom Safety Products, Hearing Aids and Vision and Reading Aids), and by End User (Hospital, Home Care Settings, Others)

Elderly and Disabled Assistive Devices Market, by Device Type (Medical Mobility Aids and Ambulatory Devices, Medical Furniture and Bathroom Safety Products, Hearing Aids and Vision and Reading Aids), and by End User (Hospital, Home Care Settings, Others) - Size, Share, Trends, and Forecast, 2022 - 2028

Elderly and disabled population are dependent, to a great extent, on other people or devices that support them in their day-to-day activities such as locomotion, proper vision and hearing, and more importantly safety while performing these activities. Assistive devices provide greater independence to elderly and disabled population in performing their tasks, which can otherwise be a tedious task. Assistive devices such as ambulatory aids, hearing aids, braille translators, and text-to-speech readers enhances accessibility and convenience for disabled people.

Market Dynamics

Increasing adoption of technologically advanced devices is expected to create an opportunity for key players to introduce highly advance devices in market. In 2017, Phonak, a brand of the Sonova Group introduced Audeo B-Direct, an advance hearing aid that directly connects to any Bluetooth enabled cell phone. This device enables real hands-free voice calling to user. The user can answer or reject a call with the help of push button on hearing aid, one can use this hearing aid as an earphone while watching Television, as it connects with TV with the help of its AirStream technology.

However, the elderly and disabled assistive devices market, is witnessing intense competition especially from regional players as they offer products at a much cheaper rate. In order to overcome this challenge, market players are projected to focus on strengthening their distribution network and promote sales through strategic collaboration with distributors, hospitals, retailers and direct-to-consumers.

Key features of the study:

This report provides in-depth analysis of the elderly and disabled assistive devices and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global elderly and disabled assistive devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
Key companies covered as a part of this study include Sunrise Medical LLC, GN ReSound Group, Sonova Holding AG, Starkey Hearing Technologies, William Demant Holding A/S, Drive Medical Design and Manufacturing, Ai Squared, Wintriss Engineering Corporation, and Invacare Corporation
Insights from this report will allow marketers and the management authorities of companies to make informed decision with respect to their future product launch, technology upgrades, market expansion, and marketing tactics
The global elderly and disabled assistive devices market report caters to various stakeholders in this industry, including investors, device manufacturers, distributors and suppliers for elderly and disabled assistive devices, research and consulting firms, new entrants, and financial analysts
Various strategy matrices used in analyzing the elderly and disabled assistive devices market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:

Global Elderly and Disabled Assistive Devices Market, By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Global Elderly and Disabled Assistive Devices Market, By End User:
Hospital
Home Care Settings
Others
Global Elderly and Disabled Assistive Devices Market, By Geography:
North America
U.S.
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Canada
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Europe
U.K.
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Germany
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Italy
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
France
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Russia
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Spain
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Rest of Europe
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Asia-Pacific
China
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
India
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Japan
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
ASEAN
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Australia
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
South Korea
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Rest of Asia Pacific
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Latin America
Brazil
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Mexico
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Rest of LATAM
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Middle East
GCC
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Israel
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Rest of Middle east
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Africa
North Africa
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Central Africa
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
South Africa
By End User:
Hospital
Home Care Settings
Others
By Device Type:
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
Company Profiles
Sunrise Medical LLC*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
GN ReSound Group
Sonova Holding AG
Starkey Hearing Technologies
William Demant Holding A/S
Drive Medical Design and Manufacturing
Ai Squared
Wintriss Engineering Corporation
Invacare Corporation
“*” marked represents similar segmentation in other categories in the respective section.