Indonesia Disabled & Elderly Assistive Device Market Analysis
Meta Des: Indonesia Disabled & Elderly Assistive Device Market valued USD 343.9 million in 2023, and projected to reach USD 1139.8 million by 2030, at a CAGR of 17.5%
Indonesia Disabled & Elderly Assistive Device Market
Domain – Life Sciences & Healthcare
Sub Domain – Medical Devices
The Indonesia Disabled & Elderly Assistive Device Market size was valued at USD 343.9 million in 2023, and is predicted to reach USD 1139.8 million by 2030, at a CAGR of 17.5% from 2024 to 2030.
Indonesia's demographic transition towards an aging population is creating significant demand in the assistive device market. With more individuals moving into older age groups, there is a rising occurrence of age-related health concerns and mobility limitations.
According to the World Bank Group report 2022, Indonesia’s population aged 65 and more stood at 7.0% of overall population. This trend underscores the growing need for devices and devices that enhance independent living and improve the quality of life for seniors. Innovations in mobility aids, home care devices, and healthcare solutions tailored to aging populations are essential to address these evolving healthcare needs in Indonesia.
However, the high cost of assistive devices creates significant barriers for people in developing and underdeveloped countries, particularly those with low or fixed incomes. These essential tools, that greatly improve the quality of life for individuals with disabilities, often remain out of reach due to the stark economic disparities and limited financial resources.
On the contrary, the integration of artificial intelligence (AI) into disabled & elderly assistive device represents a transformative leap towards a future where these devices are not only more advanced but also more personalized and accessible than ever before. AI enables assistive devices to evolve beyond static solutions, becoming dynamic and adaptable to the specific needs of each user. Through machine learning algorithms, these devices learn from user interactions, continuously improving their functionality and responsiveness.
Segment Overview
Indonesia disabled & elderly assistive device industry is segmented based on type and end user.
• Based on type, the market is segmented mobility impairments, hearing impairments, visual impairments, cognitive impairments, and self-care.
• Based on end user, the market is classified into hospitals, elderly nursing homes, home care, and other end user.
Key Market Players
Leading players operating in Indonesia disabled & elderly assistive device industry include:
• Stryker Corporation
• Starkey Hearing Technologies
• Sermex Mobility Ltd.
• Foshan Dongfang Medical Equipment Manufactory (Ltd.)
• Sunrise Medial
• Paramount Indonesia
• HexaFit Go
• JBH Medical
• Comfort Mobility
• Dragon Medical Co., Ltd.
Key Benefits
• Indonesia disabled & elderly assistive device market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in Indonesia disabled & elderly assistive device market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
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