Elderly And Disabled Assistive Solutions Market 2024-2028
The elderly and disabled assistive solutions market is forecasted to grow by USD 15606 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the elderly and disabled assistive solutions 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 initiatives by governments and ngos, growing number of disabled and aged people, and growing number of road accidents resulting in serious injuries.
Technavio's elderly and disabled assistive solutions market is segmented as below:
- By Product
- Hearing devices
- Mobility and ambulatory devices
- Healthcare furniture and BSE
- Vision and reading aids
- By End-user
- Hospital
- Home care setting
- Nursing homes
- Assisted living facilities
- By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the growing customization as one of the prime reasons driving the elderly and disabled assistive solutions market growth during the next few years. Also, increasing online retail sales and growth of medical tourism will lead to sizable demand in the market.
The report on the elderly and disabled assistive solutions market covers the following areas:
- Elderly and disabled assistive solutions market sizing
- Elderly and disabled assistive solutions market forecast
- Elderly and disabled assistive solutions 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 elderly and disabled assistive solutions market vendors that include Blue Chip Medical Products Inc., Briggs Corp., Cochlear Ltd., Demant AS, DeVilbiss Healthcare GmbH, Electric Mobility Euro Ltd., Freedom Scientific Inc., GF Health Products Inc., GN Store Nord AS, Invacare Corp., LifeTec, MED EL Elektromedizinische Gerate GmbH, Ottobock SE and Co. KGaA, Permobil AB, Pride Mobility Products Corp., Siemens AG, Sonova AG, Starkey Laboratories Inc., Sunrise Medical LLC, and WS Audiology AS. Also, the elderly and disabled assistive solutions 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 primary and secondary research. 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 accurate market growth.