Elderly and Disabled Assistive Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast to 2024

Elderly and Disabled Assistive Devices Market –
Global Industry Analysis, Size, Share, Growth, Trends
and Forecast to 2024
[DATE]
[COMPANY NAME]
[Company address]
ELDERLY AND DISABLED ASSIST DEVICES MARKET TO
SURPASS US$ 26.0 BILLION BY 2024
Report Description
The Global Elderly and Disabled Assistive Devices Market was valued at US$ 14,109.1 million in 2015
and is projected to expand at a CAGR of 7.4% during the forecast period (2016–2024), according to a
new report published by Coherent Market Insights. Rapidly aging population in Asia and Latin America is
a major factor propelling demand for elderly and disabled assist devices.
Asia and Latin America are expected to witness rapid growth in population aged 65 years and above
through 2030. The share of elderly population in Asia is expected to increase form 7.9% in 2015 to 12.1%
in 2030, as per the report ‘An Aging World: 2015’ by the U.S. Census Bureau. Also, increasing prevalence
of chronic and acute diseases adds to the growing demand for technologically-advanced assistive devices
for elderly and disabled population. Assistive devices such as wheelchairs, mobility scooters, walkers and
rollators, and hearing and vision aids reduces dependence on others to carry out daily activities and
improves quality of life of elderly and disabled patients.
Get FREE Sample Of Elderly and Disabled Assistive Devices Market Report At :
https://www.coherentmarketinsights.com/insight/request-sample/82
The World Health Organization (WHO) has prepared a comprehensive global disability action plan for
2014 – 2021. As per this plan, WHO intends to improve access to health services and programs, extend
rehabilitation, assistive technology, assistance and support services, and support research on disability
and related services. Assistive device manufacturers in the elderly and disabled assist devices market,
especially in emerging economies are expected to benefit considerably through this plan.
Manufacturers in the elderly and disabled assist devices market are reaching out directly to consumers to
increase their sales. Sonova Holding AG follows vertically-integrated business, wherein it also markets
products through its retail stores, thus reaching out to customers and offering them customized solutions.
The company acquired AudioNova in September 2016—a Netherlands-based hearing aid manufacturer—
with an aim to double its presence in Europe in terms of retail stores.
Melvin ApS launched a robot called Melvin, which aids elderly and disabled people in the toilet. The robot
was launched at the RoboBusiness Europe 2016 exhibition. Similarly, Vital Connect, Inc.is developing
wearable health sensors that can detect body temperature, heart rate, detect falls and other such incidents
in elderly and disabled patients. Such technological developments to increase individual independence
and convenience is projected to lead to manifold growth of elderly and disabled assistive devices market
in the near future.
To know the latest trends and insights prevalent in the elderly and disabled assist devices
market, click the link below : https://www.coherentmarketinsights.com/market-insight/elderlyand-disabled-assistive-devices-market-82
Key takeaways of the market:
The global elderly and disabled assist devices market is expected to expand at a CAGR of 7.4% during
the forecast period. Increasing demand for elderly and disabled assist devices is mainly attributed to the
factors such as convenience provided by automotive assistive devices to the growing elderly and disabled
population
Demand for vision and reading aids is analyzed to increase rapidly during the forecast period, owing to
increasing incidence of vision impairment among the geriatric populace
Hearing aids segment dominates the global elderly and disabled assist devices market (in terms of
revenue) and is expected to reach US$ 7,083.5 million by 2017 end. Increasing market penetration,
growing average discretionary income, and improved access to hearing aids is driving revenue growth of
this segment. Furthermore, baby boomers population is expected to drive growth for hearing aids over the
following decade, according to William Demant Holding Group.
North America dominated the global elderly and disabled assist devices market in 2015. However, the
market for elderly and disabled assistive devices in Asia Pacific is projected to expand significantly at a
CAGR of 8.7% during the forecast period (2016–2024)
Intense competition is witnessed among the leading players including Sunrise Medical LLC, GN ReSound
Group, Sonova Holding AG, Starkey Hearing Technologies, and William Demant Holding A/S.
Browse Press Release : https://www.coherentmarketinsights.com/press-release/elderly-anddisabled-assist-devices-market-to-surpass-us-260-billion-by-2024-9
TABLE OF CONTENT
Table of Contents
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
 Market Definition and Scope
o Executive Summary
 Market Snippet By Device Type
 Market Snippet By End-Use
 Market Snippet By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
 Drivers
 Supply Side Drivers
 Demand Side Drivers
 Economic Drivers
 Restraints
 Market Opportunities
 Regulatory Scenario

Industry Trend
 Epidemiology/Prevalence/Incidence
 Merger and Acquisitions
 New Product Approvals/Launch
 Promotion and Marketing Initiatives
o Cost Tier Down Analysis
4. Global Elderly and Disabled Assistive Devices Market, By Device Type, 2014 - 2024 (USD Million)
o Introduction
 Market Share Analysis, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, 2014 - 2024
 Segment Trends
o Medical Mobility Aids and Ambulatory Devices
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Medical Furniture and Bathroom Safety Products
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Hearing Aids
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Vision and Reading Aids
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
5. Global Elderly and Disabled Assistive Devices Market, By End Use, 2014 - 2024 (USD Million)
o Introduction
 Market Share Analysis, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, 2014 - 2024
 Segment Trends
o Hospital
 Introduction
 Market Share Analysis, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, 2014 - 2024
o Home Care Settings
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Others
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
6. Global Elderly and Disabled Assistive Devices Market, By Regions, 2014 - 2024 (USD Million &
‘Thousand Units)
o Introduction
 Market Share Analysis, By Region, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, For Regions, 2014 - 2024
o
o
o
North America
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 U.S.
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Canada
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
Europe
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 U.K.
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Germany
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Italy
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 France
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Russia
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Others
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
Asia Pacific
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 China
 Country Trends



India




o
Country Trends
Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
Japan

o
Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 ASEAN
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Australia
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 South Korea
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Others
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
Latin America
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 Brazil
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Mexico
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Others
 Country Trends
 Market Size and Forecast, By Product, 2014 - 2024 (Market Size and Forecast,
By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
Africa

Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 Northern Africa
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Central Africa
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 South Africa
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
o Middle East
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 GCC Countries
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Israel
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
 Rest of Middle East
 Country Trends
 Market Size and Forecast, By Device Type, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million)
7. Competitive Landscape
o Heat Map Analysis
o Market Share Analysis
o Company Profiles
 Sunrise Medical LLC
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
 GN ReSound Group
 Company Overview
 Product Portfolio








Financial Performance
 Recent Developments/Updates
 Future Plans
Sonova Holding AG
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Starkey Hearing Technologies
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
William Demant Holding A/S
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Drive Medical Design and Manufacturing
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Ai Squared
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Wintriss Engineering Corporation
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Invacare Corporation
 Company Overview
 Product Portfolio

Financial Performance
 Recent Developments/Updates
o Future Plans Analyst Views
8. Section
o References
o Research Methodology
o About us and Sales Contact
About Us
COMPANY OVERVIEW
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting
our plethora of clients achieve transformational growth by helping them make critical business decisions.
We are headquartered in India, having office at global financial capital in the U.S. Our client base includes
players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to
help businesses around the globe deliver practical and lasting results through various recommendations
about operational improvements, technologies, emerging market trends and new working methods. We
offer both customized and syndicated market research reports that help our clients create visionary growth
plans to provide traction to their business. We meticulously study emerging trends across various
industries at both the global and regional levels to identify new opportunities for our clientele. Our global
team of over 100 research analysts and freelance consultants provide market intelligence from the very
molecular country level and also provide a global perspective of the market. Our team is of the most vital
cog in our robust machinery that gives us the ability to deliver independent insight relying on our cognitive
defusion training module.This allows for an objective and unbiased assessment of the market. We pride
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closely monitoring and analyzing markets, trends, and emerging best practices, across allfathomable
industries under the sun. This enables us to equip our valued clientele with key decisive inputs to capitalize
on lucrative growth opportunities in the market and to follow firmly position themselves on a high growth
path in the future.
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The Global Elderly and Disabled Assistive Devices Market was valued at US$ 14,109.1 million in 2015 and is projected to expand at a CAGR of 7.4% during the forecast period (2016–2024), according to a new report published by Coherent Market Insights. Rapidly aging population in Asia and Latin America is a major factor propelling demand for elderly and disabled assist devices. Get Free PDF Research Brochure for more Professional and Technical Insights : https://www.coherentmarketinsights.com/insight/request-sample/82

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