Middle East Disabled & Elderly Assistive Device Market Analysis
Meta Des: Middle East Disabled & Elderly Assistive Device Market valued USD 470.3 Mn in 2023, and it is projected to hit USD 1233.3 Mn by 2030, at a CAGR of 13.7%
Middle East Disabled & Elderly Assistive Device Market
Domain – Life Sciences & Healthcare
Sub Domain – Medical Devices
The Middle East Disabled & Elderly Assistive Device Market size was valued at USD 470.3 million in 2023, and is predicted to reach USD 1233.3 million by 2030, at a CAGR of 13.7% from 2024 to 2030.
The rise in healthcare spending is driving the growth of the assistive device market throughout the region. Both governments and private sectors are making substantial investments in healthcare infrastructure, services, and advanced medical devices. The World Bank Group report 2024 stated that UAE’s healthcare expenditure per capita accounted for USD 4065.7 and it contributes 5.3% to the GDP of UAE.
This substantial financial commitment ensures that a wide array of assistive devices, such as mobility aids, home healthcare equipment, and cutting-edge medical devices, are developed and made accessible.
However, the high cost of assistive devices poses substantial hurdles for individuals in developing and underdeveloped countries, especially those with limited or fixed incomes. These critical tools, which significantly enhance the quality of life for people with disabilities, frequently remain inaccessible due to profound economic disparities and scarce 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
Middle East 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 Middle East disabled & elderly assistive device industry include:
• Stryker Corporation
• Medline Industries, Inc.
• Baxter
• Gliani Mobility
• Manafeth
• Ostrich Mobility
• Al Anwar Medical
• HiTech Innovations
• Escape Mobility
• Mosaikx
Key Benefits
• Middle East 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 Middle East 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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