Elderly and disabled population are dependent, to a great extent, on other people or devices that support them in their day-to-day activities such as locomotion, proper vision and hearing, and more importantly safety while performing these activities. Assistive devices provide greater independence to elderly and disabled population in performing their tasks, which can otherwise be a tedious task. Assistive devices such as ambulatory aids, hearing aids, braille translators, and text-to-speech readers enhances accessibility and convenience for disabled people.
Market Dynamics
Increasing adoption of technologically advanced devices is expected to create an opportunity for key players to introduce highly advance devices in market. In 2017, Phonak, a brand of the Sonova Group introduced Audeo B-Direct, an advance hearing aid that directly connects to any Bluetooth enabled cell phone. This device enables real hands-free voice calling to user. The user can answer or reject a call with the help of push button on hearing aid, one can use this hearing aid as an earphone while watching Television, as it connects with TV with the help of its AirStream technology.
However, the elderly and disabled assistive devices market, is witnessing intense competition especially from regional players as they offer products at a much cheaper rate. In order to overcome this challenge, market players are projected to focus on strengthening their distribution network and promote sales through strategic collaboration with distributors, hospitals, retailers and direct-to-consumers.
Key features of the study:
- This report provides in-depth analysis of the elderly and disabled assistive devices and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2016 – 2027, considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global elderly and disabled assistive devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
- Key companies covered as a part of this study include Sunrise Medical LLC, GN ReSound Group, Sonova Holding AG, Starkey Hearing Technologies, William Demant Holding A/S, Drive Medical Design and Manufacturing, Ai Squared, Wintriss Engineering Corporation, and Invacare Corporation
- Insights from this report will allow marketers and the management authorities of companies to make informed decision with respect to their future product launch, technology upgrades, market expansion, and marketing tactics
- The global elderly and disabled assistive devices market report caters to various stakeholders in this industry, including investors, device manufacturers, distributors and suppliers for elderly and disabled assistive devices, research and consulting firms, new entrants, and financial analysts
- Various strategy matrices used in analyzing the elderly and disabled assistive devices market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:
- Global Elderly and Disabled Assistive Devices Market, By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Global Elderly and Disabled Assistive Devices Market, By End User:
- Hospital
- Home Care Settings
- Others
- Global Elderly and Disabled Assistive Devices Market, By Geography:
- North America
- U.S.
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Canada
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Europe
- U.K.
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Germany
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Italy
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- France
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Russia
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Spain
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Rest of Europe
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Asia-Pacific
- China
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- India
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Japan
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- ASEAN
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Australia
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- South Korea
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Rest of Asia Pacific
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Latin America
- Brazil
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Mexico
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Rest of LATAM
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Middle East
- GCC
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Israel
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Rest of Middle east
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Africa
- North Africa
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Central Africa
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- South Africa
- By End User:
- Hospital
- Home Care Settings
- Others
- By Device Type:
- Medical Mobility Aids and Ambulatory Devices
- Medical Furniture and Bathroom Safety Products
- Hearing Aids
- Vision and Reading Aids
- Company Profiles
- Sunrise Medical LLC*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- GN ReSound Group
- Sonova Holding AG
- Starkey Hearing Technologies
- William Demant Holding A/S
- Drive Medical Design and Manufacturing
- Ai Squared
- Wintriss Engineering Corporation
- Invacare Corporation
“*” marked represents similar segmentation in other categories in the respective section.
