Global Assistive Technology Market 2024-2028

Global Assistive Technology Market 2024-2028


The assistive technology market is forecasted to grow by USD 6.60 bn during 2023-2028, accelerating at a CAGR of 4.91% during the forecast period. The report on the assistive technology market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of orthopedic and neurological disorders, growing demand for rehabilitation centers using assistive technology, and increasing focus on compliance with industrial standards.

Technavio's assistive technology market is segmented as below:

By End-user
  • Hospitals
  • Homecare settings
  • Others
By Device
  • Sensory aids
  • Mobility aids
  • Others
By Geographical Landscape
  • North America
  • Europe
  • Asia
  • Rest of World (ROW)
This study identifies the rising demand for assistive technology in customization as one of the prime reasons driving the assistive technology market growth during the next few years. Also, growing consumer awareness of health and wellness in urban areas and increasing online retail sales will lead to sizable demand in the market.

The report on the assistive technology market covers the following areas:
  • Assistive technology market sizing
  • Assistive technology market forecast
  • Assistive technology market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading assistive technology market vendors that include Boundless Assistive Technology, Demant AS, Freedom Scientific Inc., GF Health Products Inc., GN Store Nord AS, Invacare Corp., Karma Medical Products Co. Ltd., MED EL Elektromedizinische Gerate GmbH, Medical Depot Inc., Medline Industries LP, NOVA Medical Products, Ostrich Mobility Instruments Pvt. Ltd., Ottobock SE and Co. KGaA, Permobil AB, Persona Medical, Pride Mobility Products Corporation, Sonova Holding AG, Starkey Laboratories Inc., Sunrise Medical LLC, and Ossenberg GmbH. Also, the assistive technology market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Market Segmentation by Device
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global assistive technology market 2018 - 2022
      • Table Historic Market Size – Data Table on global assistive technology market 2018 - 2022 ($ million)
    • End-user Segment Analysis 2018 - 2022
      • Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • Device Segment Analysis 2018 - 2022
      • Table Historic Market Size – Device Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2023-2028 (%)
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Hospitals - Market size and forecast 2023-2028
      • Table Chart on Hospitals - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Hospitals - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Hospitals - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Hospitals - Year-over-year growth 2023-2028 (%)
    • Homecare settings - Market size and forecast 2023-2028
      • Table Chart on Homecare settings - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Homecare settings - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Homecare settings - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Homecare settings - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
      • Table Data Table on Market opportunity by End-user ($ million)
  • Market Segmentation by Device
    • Market segments
      • Table Chart on Device - Market share 2023-2028 (%)
      • Table Data Table on Device - Market share 2023-2028 (%)
    • Comparison by Device
      • Table Chart on Comparison by Device
      • Table Data Table on Comparison by Device
    • Sensory aids - Market size and forecast 2023-2028
      • Table Chart on Sensory aids - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Sensory aids - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Sensory aids - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Sensory aids - Year-over-year growth 2023-2028 (%)
    • Mobility aids - Market size and forecast 2023-2028
      • Table Chart on Mobility aids - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Mobility aids - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Mobility aids - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Mobility aids - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Device
      • Table Market opportunity by Device ($ million)
      • Table Data Table on Market opportunity by Device ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Asia - Market size and forecast 2023-2028
      • Table Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • Rest of World (ROW) - Market size and forecast 2023- 2028
      • Table Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • France - Market size and forecast 2023-2028
      • Table Chart on France - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Table Chart on France - Year-over-year growth 2023-2028 (%)
      • Table Data Table on France - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising number of orthopedic and neurological disorders
      • Growing demand for rehabilitation centers using assistive technology
      • Increasing focus on compliance with industrial standards
    • Market challenges
      • High cost of mobility products
      • Presence of substitute products for assistive technology
      • Limited availability of assistive technology in rural markets
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Rising demand for assistive technology in customization
      • Growing consumer awareness of health and wellness in urban areas
      • Increasing online retail sales
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Demant AS
      • Table Demant AS - Overview
      • Table Demant AS - Business segments
      • Table Demant AS - Key offerings
      • Table Demant AS - Segment focus
    • GF Health Products Inc.
      • Table GF Health Products Inc. - Overview
      • Table GF Health Products Inc. - Product / Service
      • Table GF Health Products Inc. - Key offerings
    • GN Store Nord AS
      • Table GN Store Nord AS - Overview
      • Table GN Store Nord AS - Business segments
      • Table GN Store Nord AS - Key news
      • Table GN Store Nord AS - Key offerings
      • Table GN Store Nord AS - Segment focus
    • Invacare Corp.
      • Table Invacare Corp. - Overview
      • Table Invacare Corp. - Business segments
      • Table Invacare Corp. - Key news
      • Table Invacare Corp. - Key offerings
      • Table Invacare Corp. - Segment focus
    • Karma Medical Products Co. Ltd.
      • Table Karma Medical Products Co. Ltd. - Overview
      • Table Karma Medical Products Co. Ltd. - Product / Service
      • Table Karma Medical Products Co. Ltd. - Key offerings
    • MED EL Elektromedizinische Gerate GmbH
      • Table MED EL Elektromedizinische Gerate GmbH - Overview
      • Table MED EL Elektromedizinische Gerate GmbH - Product / Service
      • Table MED EL Elektromedizinische Gerate GmbH - Key offerings
    • Medical Depot Inc.
      • Table Medical Depot Inc. - Overview
      • Table Medical Depot Inc. - Product / Service
      • Table Medical Depot Inc. - Key offerings
    • Medline Industries LP
      • Table Medline Industries LP - Overview
      • Table Medline Industries LP - Product / Service
      • Table Medline Industries LP - Key offerings
    • NOVA Medical Products
      • Table NOVA Medical Products - Overview
      • Table NOVA Medical Products - Product / Service
      • Table NOVA Medical Products - Key offerings
    • Ossenberg GmbH
      • Table Ossenberg GmbH - Overview
      • Table Ossenberg GmbH - Product / Service
      • Table Ossenberg GmbH - Key offerings
    • Ostrich Mobility Instruments Pvt. Ltd.
      • Table Ostrich Mobility Instruments Pvt. Ltd. - Overview
      • Table Ostrich Mobility Instruments Pvt. Ltd. - Product / Service
      • Table Ostrich Mobility Instruments Pvt. Ltd. - Key offerings
    • Permobil AB
      • Table Permobil AB - Overview
      • Table Permobil AB - Product / Service
      • Table Permobil AB - Key offerings
    • Sonova Holding AG
      • Table Sonova Holding AG - Overview
      • Table Sonova Holding AG - Business segments
      • Table Sonova Holding AG - Key offerings
      • Table Sonova Holding AG - Segment focus
    • Starkey Laboratories Inc.
      • Table Starkey Laboratories Inc. - Overview
      • Table Starkey Laboratories Inc. - Product / Service
      • Table Starkey Laboratories Inc. - Key offerings
    • Sunrise Medical LLC
      • Table Sunrise Medical LLC - Overview
      • Table Sunrise Medical LLC - Product / Service
      • Table Sunrise Medical LLC - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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