Market Overview:
The global Assistive Technology market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing prevalence of disabilities, growing awareness about assistive technology, and government initiatives for disability inclusion. By type, the Braille Embossers segment is expected to grow at the highest CAGR during the forecast period. By application, Kids segment is expected to grow at a higher rate as compared to Adults segment during the forecast period. North America dominates the global Assistive Technology market followed by Europe and Asia Pacific region respectively in 2017.
Product Definition:
Assistive technology (AT) is any device or system that helps a person with a disability to do things that would otherwise be difficult or impossible. AT can include anything from simple items like magnifying glasses and raised letter writing guides, to more complex devices like computer software programs and electronic communication aids. The purpose of assistive technology is to increase the person's independence and ability to participate in everyday activities.
Braille Embossers:
Braille embossers are devices that help blind people to read and write. It is a Perkins Brailled system which was first developed in the U.S by Louis Braille, an Frenchman who lost his eyesight due to macular degeneration at the age of five.
Powered Wheelchairs:
Powered wheelchairs are vehicles intended to provide mobility assistance. They have a power source other than human power and are designed for people with no or little physical strength. Powered wheelchairs can be manual, electric or battery-powered (Powered).
The global market is expected to grow at a significant rate owing to the rising geriatric population, increasing prevalence of chronic diseases such as arthritis.
Application Insights:
The adults segment held the largest share of over 70.0% in 2017. The application of the technology is high among the geriatric population, physically disabled and others who need assistance to perform daily activities like eating, bathing and dressing. Rising awareness about assistive technologies among adults is expected to drive growth during the forecast period. Assistive technologies are increasingly being used by people with mobility problems or injuries resulting in reduced activity levels which further reduces their independence and leads them to seek help from family members or caregivers for daily activities which will result in a positive growth scenario for this segment over next few years.
The kids segment was valued at USD 546 million in 2017 owing to rising demand for devices that support learning such as tablets, e-readers.
Regional Analysis:
North America dominated the assistive technology market in 2017. The rising prevalence of deafness and blindness, increasing geriatric population, and high adoption rate of advanced devices are some factors contributing to the growth of this regional market. According to data published by the National Institute on Deafness & Blindness (NIDB), approximately 6 million people in U.S., aged 5 or more years, were reported to be blind or have low vision in 2016.
Growth Factors:
- Increasing demand from geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% during the forecast period, owing to the increase in life expectancy and growing awareness about health and fitness among people across the world. This is expected to result in an increase in demand for assistive technology products and services, as they help improve the quality of life for seniors.
- Rising incidence of disabilities: According to WHO, there are around 1 billion people living with some form of disability worldwide. This number is expected to grow due to factors such as increasing aging population, urbanization, and lifestyle diseases. This will create a large pool of potential consumers for assistive technology products and services worldwide.
- Government initiatives supporting adoption of assistive technology: Governments across the globe are taking initiatives to promote adoption of assistive technology products and services through various schemes and programs aimed at improving accessibility for persons with disabilities (PwDs). For instance, In March 2017, Indian government announced a scheme called “Accessible India” which aims at making all government buildings accessible by 2020 Disability Act 2015 mandates all public sector organizations in UK with more than 250 employees must make reasonable adjustments so that disabled employees can do their job properly These types of initiatives are likely to spur growth prospects for the global Assistive Technology market over the next few years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Assistive Technology Market Research Report
By Type
Braille Embossers, Powered Wheelchairs, Hearing Aids
By Application
Kids, Adults
By Companies
GF Health Products, Invacare, MED-EL, Sunrise Medical, William Demant Holding A/S, Beltone, Enabling Technologies, GN ReSound, Hoveround, INDEX BRAILLE, Karma Mobility, Magic Mobility, Medline Industries, NOVA, Ossenberg, Ottobock, OstrichMobility
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Assistive Technology Market Report Segments:
The global Assistive Technology market is segmented on the basis of:
Types
Braille Embossers, Powered Wheelchairs, Hearing Aids
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Kids, Adults
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GF Health Products
- Invacare
- MED-EL
- Sunrise Medical
- William Demant Holding A/S
- Beltone
- Enabling Technologies
- GN ReSound
- Hoveround
- INDEX BRAILLE
- Karma Mobility
- Magic Mobility
- Medline Industries
- NOVA
- Ossenberg
- Ottobock
- OstrichMobility
Highlights of The Assistive Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Braille Embossers
- Powered Wheelchairs
- Hearing Aids
- By Application:
- Kids
- Adults
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Assistive Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Assistive technology is a broad term that refers to any device or software that helps people with disabilities access information, communicate, and participate in society. Assistive technology can be used in a variety of settings, including schools, workplaces, and homes.
Some of the major companies in the assistive technology market are GF Health Products, Invacare, MED-EL, Sunrise Medical, William Demant Holding A/S, Beltone, Enabling Technologies, GN ReSound, Hoveround, INDEX BRAILLE, Karma Mobility, Magic Mobility, Medline Industries, NOVA, Ossenberg, Ottobock, OstrichMobility.
The assistive technology market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Assistive Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Assistive Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Assistive Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Assistive Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Assistive Technology Market Size & Forecast, 2020-2028
4.5.1 Assistive Technology Market Size and Y-o-Y Growth
4.5.2 Assistive Technology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Braille Embossers
5.2.2 Powered Wheelchairs
5.2.3 Hearing Aids
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Kids
6.2.2 Adults
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Assistive Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Assistive Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Braille Embossers
9.6.2 Powered Wheelchairs
9.6.3 Hearing Aids
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Kids
9.10.2 Adults
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Braille Embossers
10.6.2 Powered Wheelchairs
10.6.3 Hearing Aids
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Kids
10.10.2 Adults
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Braille Embossers
11.6.2 Powered Wheelchairs
11.6.3 Hearing Aids
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Kids
11.10.2 Adults
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Braille Embossers
12.6.2 Powered Wheelchairs
12.6.3 Hearing Aids
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Kids
12.10.2 Adults
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Braille Embossers
13.6.2 Powered Wheelchairs
13.6.3 Hearing Aids
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Kids
13.10.2 Adults
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Assistive Technology Market: Competitive Dashboard
14.2 Global Assistive Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GF Health Products
14.3.2 Invacare
14.3.3 MED-EL
14.3.4 Sunrise Medical
14.3.5 William Demant Holding A/S
14.3.6 Beltone
14.3.7 Enabling Technologies
14.3.8 GN ReSound
14.3.9 Hoveround
14.3.10 INDEX BRAILLE
14.3.11 Karma Mobility
14.3.12 Magic Mobility
14.3.13 Medline Industries
14.3.14 NOVA
14.3.15 Ossenberg
14.3.16 Ottobock
14.3.17 OstrichMobility
