Global Elderly and Disabled Assistive Devices Market Growth 2025-2031
The global Elderly and Disabled Assistive Devices market size is predicted to grow from US$ 26640 million in 2025 to US$ 45510 million in 2031; it is expected to grow at a CAGR of 9.3% from 2025 to 2031.
Assistive technology is an umbrella term that includes assistive, adaptive, and rehabilitative devices for people with disabilities while also including the process used in selecting, locating, and using them. People who have disabilities often have difficulty performing activities of daily living (ADLs) independently, or even with assistance. ADLs are self-care activities that include toileting, mobility (ambulation), eating, bathing, dressing and grooming. Assistive technology can ameliorate the effects of disabilities that limit the ability to perform ADLs. Assistive technology promotes greater independence by enabling people to perform tasks they were formerly unable to accomplish, or had great difficulty accomplishing, by providing enhancements to, or changing methods of interacting with, the technology needed to accomplish such tasks. For example, wheelchairs provide independent mobility for those who cannot walk, while assistive eating devices can enable people who cannot feed themselves to do so. Due to assistive technology, people with disabilities have an opportunity of a more positive and easygoing lifestyle, with an increase in "social participation," "security and control," and a greater chance to "reduce institutional costs without significantly increasing household expenses."
North America is the largest Elderly and Disabled Assistive Devices market with about 32% market share. Europe is follower, accounting for about 32% market share.The key manufacturers are Sonova Holding, William Demant, Invacare, Ottobock, Starkey, GN ReSound, Sivantos, Cochlear, Widex, Sunrise Medical, Permobil Corp, MED-EL, Pride Mobility etc. Top 3 companies occupied about 34% market share.
LP Information, Inc. (LPI) ' newest research report, the “Elderly and Disabled Assistive Devices Industry Forecast” looks at past sales and reviews total world Elderly and Disabled Assistive Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Elderly and Disabled Assistive Devices sales for 2025 through 2031. With Elderly and Disabled Assistive Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elderly and Disabled Assistive Devices industry.
This Insight Report provides a comprehensive analysis of the global Elderly and Disabled Assistive Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Elderly and Disabled Assistive Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Elderly and Disabled Assistive Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elderly and Disabled Assistive Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Elderly and Disabled Assistive Devices.
This report presents a comprehensive overview, market shares, and growth opportunities of Elderly and Disabled Assistive Devices market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
HA
MMA&AD
V&RA
MF&BSP
Segmentation by Application:
For Elderly
For Disabled
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sonova Holding
William Demant
Invacare
Ottobock
Starkey
GN ReSound
Sivantos
Cochlear
Widex
Sunrise Medical
Permobil Corp
MED-EL
Pride Mobility
Key Questions Addressed in this Report
What is the 10-year outlook for the global Elderly and Disabled Assistive Devices market?
What factors are driving Elderly and Disabled Assistive Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Elderly and Disabled Assistive Devices market opportunities vary by end market size?
How does Elderly and Disabled Assistive Devices break out by Type, by Application?