Nuhey News

We talk about the MARKET

Elderly and Disabled Assistive Devices Market to Hit US$ 39170 Million by 2026, Growing at 9.0% CAGR – Research by The Market Reports

The global Elderly and Disabled Assistive Devices market was valued at US$ 21290 million in 2019 and is expected to reach US$ 39170 million by the end of 2026, growing at a CAGR of 9.0% during 2021-2026.

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.”

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.

Global Elderly and Disabled Assistive Devices Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Elderly and Disabled Assistive Devices Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Sonova Holding, William Demant, Invacare, Ottobock, Starkey, GN ReSound, Sivantos, Cochlear, Widex, Sunrise Medical, Permobil Corp, MED-EL, Pride Mobility and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-elderly-and-disabled-assistive-devices-market-research-report

Segment by Type

  • HA
  • MMA&AD
  • V&RA
  • MF&BSP

Segment by Application

  • For Elderly
  • For Disabled
  • Others

Table of Content:

1 Elderly and Disabled Assistive Devices Market Overview

2 Elderly and Disabled Assistive Devices Market Competition by Manufacturers

3 Elderly and Disabled Assistive Devices Retrospective Market Scenario by Region

4 Global Elderly and Disabled Assistive Devices Historic Market Analysis by Type

5 Global Elderly and Disabled Assistive Devices Historic Market Analysis by Application

6 Key Companies Profiled

7 Elderly and Disabled Assistive Devices Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Elderly and Disabled Assistive Devices Market Dynamics

10 Global Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

Media Contact

Company Name: The Market Reports

Contact Person: Shirish Gupta

Email: sales@themarketreports.com

Phone: +1-631-407-1315