The global elderly & disabled assistive devices market size was $23,009 million in 2018 and is anticipated to reach $35,599 million by 2026, registering a CAGR of 5.5% from 2019 to 2026. Assistive devices, as the term signifies are the medical devices that assist elderly as well as disabled people to form their various basic tasks such as walking, hearing problems, vision problems, and others. The mobility aids devices include wheelchairs, scooters, and others that alleviate disabled individuals with their mobility.
Moreover, there are various kinds of hearing aids that help individuals with hearing difficulties such as Behind-the-ear Aids (BTE), Receiver-in-the-Ear Aids (RITE), In-the-Ear Aids (ITE), Bone Anchored Hearing Aids (BAHA), canal hearing aids and cochlear implants.
The global elderly and disabled assistive devices market is primarily driven by significant rise in mobility impairment disorders, lifestyle changes, and availability of a variety of disabled & elderly assistive products. In addition, considerable increase in demand for assistive devices due to rise in trend of an independent lifestyle further fuels the market growth. Furthermore, growth in the number of assistive devices manufacturers investing in the R&D activities of these technologies is estimated to boost the market growth. However, high cost of few sophisticated products, low level of acceptance for few products, and low reimbursement from medical insurers restrain the growth of the market. On the contrary, an increase in proactiveness of people and rise in health consciousness among people are anticipated to provide lucrative growth opportunities for the market growth.
The global elderly & disabled assistive devices market is segmented based on type and region.
Based on type, it is divided into living aids, mobility aids devices, medical furniture, and bathroom safety equipment. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
• This report provides an extensive analysis of the emerging trends and dynamics in the global elderly & disabled assistive devices market.
• This study provides the landscape of the global market to predict the competitive environment across geographies.
• This report entails the detailed quantitative analyses of the current trends and future estimations to identify the prevailing opportunities.
• Comprehensive analyses of factors that drive and restrict the market growth is provided in the report.
• Region- and country-wise analysis is conducted to understand the market trends and dynamics.
KEY MARKET SEGMENTS
By Type
• Living Aids Devices
o Hearing Aids
§ Behind-the-ear Aids (BTE)
§ Receiver-in-the-Ear Aids (RITE)
§ In-the-Ear Aids (ITE)
§ Bone Anchored Hearing Aids (BAHA)
§ Canal Hearing Aids
§ Cochlear Implants
o Reading and Vision Aids
§ Braille Translators
§ Video Magnifiers
§ Reading Machines
§ Others
• Mobility Aids Devices
o Wheelchairs
§ Manual Wheelchairs
§ Powered Wheelchairs
o Mobility Scooters
§ Walkers & Rollators
§ Canes & Walking Sticks
§ Crutches
§ Transfer Lifts or Patient Mechanical Lift Handling
§ Door Openers
§ Others
• Medical Furniture
o Medical Beds
o Door Openers
o Medical Furniture Accessories
o Riser Reclining Chairs
o Others
• Bathroom Safety Equipment
o Shower Chairs
o Commodes
o Ostomy Products
o Bars, Grips, & Rails
• By Region
o North America
§ U.S.
§ Canada
§ Mexico
o Europe
§ Germany
§ France
§ UK
§ Italy
§ Spain
§ Rest of Europe
o Asia-Pacific
§ Japan
§ China
§ India
§ Australia
§ Rest of Asia-Pacific
o LAMEA
§ Brazil
§ Saudi Arabia
§ South Africa
§ Rest of LAMEA
The key players profiled in this report are as follows:
• 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.
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Porter’s Five Forces Analysis
3.4. Regulatory Framework
3.4.1. FDA (U.S. Food and Drug Administration)
3.4.2. Health Canada
3.4.3. CE Mark
3.5. Market Share Analysis
3.6. Market Dynamics
3.6.1. Drivers
3.6.1.1. Growth in geriatric and disabled population
3.6.1.2. High disposable income of baby boomers
3.6.1.3. Technological advancements in assistive devices
3.6.2. Restraints
3.6.2.1. High cost of medical devices
3.6.2.2. Low reimbursement from medical insurers
3.6.3. Opportunities
3.6.3.1. Emerging untapped economies
CHAPTER 4: ELDERLY AND DISABLED ASSISTIVE DEVICES MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Living Aids
4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast
4.2.2.1. Hearing Aids
4.2.2.1.1. Market size and forecast
4.2.2.1.2. BTE (Behind-the-ear) Aids
4.2.2.1.2.1. Market size and forecast
4.2.2.1.3. RITE (Receiver-in-the-Ear) Aids
4.2.2.1.3.1. Market size and forecast
4.2.2.1.4. ITE (In-the?Ear) Aids
4.2.2.1.4.1. Market size and forecast
4.2.2.1.5. BAHA (Bone Anchored Hearing Aids)
4.2.2.1.5.1. Market size and forecast
4.2.2.1.6. Canal Hearing Aids
4.2.2.1.6.1. Market size and forecast
4.2.2.1.7. Cochlear Implants
4.2.2.1.7.1. Market size and forecast
4.2.2.2. Reading and Vision Aids
4.2.2.2.1. Market size and forecast
4.2.2.2.2. Braille translators
4.2.2.2.2.1. Market size and forecast
4.2.2.2.3. Video Magnifiers
4.2.2.2.3.1. Market size and forecast
4.2.2.2.4. Reading Machines
4.2.2.2.4.1. Market size and forecast
4.2.2.2.5. Others
4.2.2.2.5.1. Market size and forecast
4.3. Mobility Aids Devices
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
4.3.4. Wheelchairs
4.3.4.1. Market size and forecast
4.3.4.2. Manual Wheelchairs
4.3.4.2.1. Market size and forecast
4.3.4.3. Powered Wheelchairs
4.3.4.3.1. Market size and forecast
4.3.5. Mobility Scooters
4.3.5.1. Market size and forecast
4.3.5.2. Walkers and Rollators
4.3.5.2.1. Market size and forecast
4.3.5.3. Crutches and Canes
4.3.5.3.1. Market size and forecast
4.3.5.4. Patient Mechanical Lift Handling
4.3.5.4.1. Market size and forecast
4.3.5.5. Others
4.3.5.5.1. Market size and forecast
4.4. Medical furniture
4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast
4.4.4. Medical Beds
4.4.4.1. Market size and forecast
4.4.5. Door Openers
4.4.5.1. Market size and forecast
4.4.6. Riser Reclining Chairs
4.4.6.1. Market size and forecast
4.4.7. Others
4.4.7.1. Market size and forecast
4.5. Bathroom Safety Equipment
4.5.1. Key market trends
4.5.2. Growth factors and opportunities
4.5.3. Market size and forecast
4.5.4. Shower Chairs
4.5.4.1. Market size and forecast
4.5.5. Commode Chairs
4.5.5.1. Market size and forecast
4.5.6. Ostomy Equipment
4.5.6.1. Market size and forecast
4.5.7. Bars, Grips, and Rails
4.5.7.1. Market size and forecast
CHAPTER 5: ELDERLY AND DISABLED ASSISTIVE DEVICES MARKET, BY REGION
5.1. Overview
5.1.1. Market size and forecast
5.2. North America
5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast, by product type
5.2.3.1. Market size and forecast, by living aids devices
5.2.3.2. Market size and forecast, by mobility aids devices
5.2.3.3. Market size and forecast, by medical furniture devices
5.2.3.4. Market size and forecast, by bathroom safety equipment
5.2.3.5. Market size and forecast, by country
5.2.3.5.1. U.S. market size and forecast
5.2.3.5.2. Canada market size and forecast
5.2.3.5.3. Mexico market size and forecast
5.3. Europe
5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast, by product type
5.3.3.1. Market size and forecast, by living aids devices
5.3.3.2. Market size and forecast, by mobility aids devices
5.3.3.3. Market size and forecast, by medical furniture devices
5.3.3.4. Market size and forecast, by bathroom safety equipment
5.3.3.5. Market size and forecast, by country
5.3.3.5.1. Germany market size and forecast
5.3.3.5.2. France market size and forecast
5.3.3.5.3. UK market size and forecast
5.3.3.5.4. Italy market size and forecast
5.3.3.5.5. Spain market size and forecast
5.3.3.5.6. Rest of Europe market size and forecast
5.4. Asia-Pacific
5.4.1. Key market trends
5.4.2. Market size and forecast, by product
5.4.2.1. Market size and forecast, by living aids devices
5.4.2.2. Market size and forecast, by mobility aids devices
5.4.2.3. Market size and forecast, by medical furniture devices
5.4.2.4. Market size and forecast, by bathroom safety equipment
5.4.2.5. Market size and forecast by country
5.4.2.5.1. Japan market size and forecast
5.4.2.5.2. China market size and forecast
5.4.2.5.3. India market size and forecast
5.4.2.5.4. Australia market size and forecast
5.4.2.5.5. South Korea market size and forecast
5.4.2.6. Rest of Asia-Pacific market size and forecast
5.5. LAMEA
5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast, by products
5.5.3.1. Market size and forecast, by living aids devices
5.5.3.2. Market size and forecast, by mobility aids devices
5.5.3.3. Market size and forecast, by medical furniture devices
5.5.3.4. Market size and forecast, by bathroom safety equipment
5.5.3.5. Market size and forecast by country
5.5.3.5.1. Brazil market size and forecast
5.5.3.5.2. South Africa market size and forecast
5.5.3.5.3. Saudi Arabia market size and forecast
5.5.3.5.4. Rest of LAMEA market size and forecast
CHAPTER 6: COMPANY PROFILES
6.1. AI SQUARED
6.1.1. Company Overview
6.1.2. Company snapshot
6.1.3. Operating business segments
6.1.4. Product portfolio
6.1.5. Key strategic moves and developments
6.2. DRIVE MEDICAL
6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Operating business segments
6.2.4. Product portfolio
6.2.5. Key strategic moves and developments
6.3. GN RESOUND GROUP
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Operating business segments
6.3.4. Product portfolio
6.3.5. Key strategic moves and deve9lopments
6.3.6. Business performance
6.4. INVACARE CORPORATION
6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Operating business segments
6.4.4. Product portfolio
6.4.5. Business performance
6.4.6. Key strategic moves and developments
6.5. NORDIC CAPITAL (SUNRISE MEDICAL LLC)
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Operating business segments
6.5.4. Key strategic moves and developments
6.6. PRIDE MOBILITY PRODUCTS CORPORATION
6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Operating business segments
6.6.4. Product portfolio
6.6.5. Key strategic moves and developments
6.7. SIEMENS AG
6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Operating business segments
6.7.4. Product portfolio
6.7.5. Business performance
6.7.6. Key strategic moves and developments
6.8. SONOVA HOLDING AG
6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Operating business segments
6.8.4. Product portfolio
6.8.5. Business performance
6.8.6. Key strategic moves and developments
6.9. STARKEY HEARING TECHNOLOGIES
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Operating business segments
6.9.4. Product portfolio
6.9.5. Key strategic moves and developments
6.10. WILLIAM DEMANT HOLDING A/S
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Operating business segments
6.10.4. Product portfolio
6.10.5. Business performance
