Elderly and Disabled Assistive Devices Market

Elderly and Disabled Assistive Devices Market Size, Share, Growth, Outlook, and Opportunity
Analysis, 2018-2026
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.
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Aging upturns the dependency on others or assistive devices, for daily activities and living quality life.
According to a report published in March 2016 by the U.S. Census Bureau, the share of world
population aged 65 years and above is projected to increase from 8.5% in 2015 to 12% by 2030 and
further increase to 16.7% by 2050. The report also states that the population in Asia and Latin
America are rapidly aging. Japan is touted to be the oldest major country worldwide, with 26.6% of its
population being aged 65 years and above in 2015. Therefore, demand for elderly assist devices
such as hearing aids, reading aids and locomotive equipment (wheelchair, cranes and crutches) is
projected to be high in Asia and Latin America during the forecast period (2016–2024).
Increasing aging population supporting growth of the elderly and disabled assistive
devices market
Geriatric population people aged 65 years and above, is expected to increase from 8.5% of the
global population in 2015 to 12% in 2030, as per the report ‘An Aging World: 2015’ by the U.S.
Census Bureau. Asia and Latin America are the primary regions which are expected to
experience rapidly aging population. The elderly and disabled assistive devices market is
analyzed to have large market potential especially in Asia and Latin America.
Report includes chapters which deeply display the following deliverable about industry :
• Elderly and Disabled Assistive Devices Market Research Objective and Assumption
• Elderly and Disabled Assistive Devices Market Purview - Report Description, Executive Summary,
and Coherent Opportunity Map (COM)
• Elderly and Disabled Assistive Devices Market Dynamics, Regulations, and Trends Analysis Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Elderly and Disabled Assistive Devices Market, By Regions
• Elderly and Disabled Assistive Devices Market Competition by Manufacturers including Production,
Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Elderly and Disabled Assistive Devices Market Manufacturers Profiles/Analysis including Company
Basic Information, Manufacturing Base and Its Competitors.
• Elderly and Disabled Assistive Devices Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning
and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Elderly and Disabled Assistive Devices Market Forecast including Production, Consumption, Import
and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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
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Detailed Segmentation:
• Global Elderly and Disabled Assistive Devices Market, By End User:
• Hospital
• Home Care Settings
• Others
• 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 Geography:
• U.S.
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