Report ID: UCMIG35A2029
Report ID:
UCMIG35A2029 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The growth of the elderly and disabled assistive devices market growth has been driven by a growing number of accidents, such as car accidents, home accidents, and workplace accidents. Significantly the demand for assistive devices is increasing. From 2022 - 2030, the rising awareness for this these devices will drive our forecast for the elderly and disabled assistive device market. In the near year, the extensive demand from emerging markets will generate several profitable growth opportunities. Due to changes in demographics and an increasing number of chronic health conditions number of disabled people is rapidly increasing. The growing age population has expected to boost market share some of the elderly common conditions are hearing loss, back and neck pain and osteoarthritis, diabetes, chronic obstructive pulmonary disease, Parkinson's arthritis, and stroke, people are more likely to experience multiple age conditions.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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REQUEST FREE CUSTOMIZATIONThe market for Elderly and Disabled Assistive Devices was estimated to be valued at US$ XX Mn in 2021.
The Elderly and Disabled Assistive Devices Market is estimated to grow at a CAGR of XX% by 2028.
The Elderly and Disabled Assistive Devices Market is segmented on the basis of Type, Region.
Based on region, the Elderly and Disabled Assistive Devices Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Elderly and Disabled Assistive Devices Market are AI Squared, Drive Medical., GN Resound Group., Invacare, William Demant Holding A/S, Nordic Capital (Sunrise Medical LLC), Pride Mobility Products Corporation, Siemens Ltd, Sonova Holding AG, Starkey hearing technologies, The other players operating in the elderly & disabled assistive devices market include (not profiled in the report), Bausch & Lomb, Inc.,, Inclusive Technology Ltd., Liberator Ltd., Tobii Dynavox, JABBLA B.V.B.A, Blue Chip Medical Type, Inc., Permobil AB, Medline Industries, Inc..
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Report ID: UCMIG35A2029