Market Overview:
The global disabled and elderly assistive technologies market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of disabilities and geriatric population, rising awareness about disability and elderly assistance technologies, and technological advancements in assistive devices. Based on type, the medical mobility aids and ambulatory devices segment is expected to account for the largest share of the global disabled and elderly assistive technologies market in 2018. This segment includes wheelchairs, walkers, crutches, canes, prosthetic devices, orthotic devices, etc., which are used for assisting people with movement disorders or injuries. The Assistive Furniture segment is projected to grow at the highest CAGR during the forecast period owing to its growing demand from hospitals & clinics as well as homecare settings. This segment includes products such as adjustable beds & chairs; grab bars; toilet safety frames & seats; ramps; bathing aids etc., which help improve independence among disabled or aged individuals. Based on application type Hospitals are estimated hold a larger share of revenue generated by Disabled And Elderly Assistive Technologies Market followed by Elderly Nursing Homes .
Product Definition:
Disabled and Elderly Assistive Technologies are devices or tools used to help people with disabilities or the elderly perform tasks that they otherwise would not be able to do, such as bathing, dressing, and cooking. These technologies can make a huge difference in the quality of life for disabled or elderly individuals.
Medical Mobility Aids and Ambulatory Devices:
Medical mobility aids and ambulatory devices are assistive devices used by people with restricted physical movement. These include wheelchairs, walkers, canes, crutches, and other similar equipment. Medical mobility aids are classified into two major types: those used as a primary means of mobility (class I) and those used only for balance or stability purposes (class II).
Assistive Furniture:
Assistive furniture is used to provide support and help the physically disabled or elderly population to carry out day-to-day tasks. It aids in performing daily activities with greater ease and convenience. Assistive furniture is designed specifically to meet the individual needs of people with special needs, thereby helping them live a better, more fulfilled life.
The global assistive furnishing market size was valued at USD 13 billion in 2015.
Application Insights:
The others segment dominated the application segment with a share of over 40.0% in 2017. The others include assistive technologies for home healthcare, residential care and assisted living, medical aesthetics and wellness, social care services (hospitals), and other assistive technologies not covered under any of the abovementioned applications such as therapeutic gaming systems, robotic aids for bathing or showering patients with mobility disabilities, etc. Hospitals were the largest revenue-generating centers owing to high government funding towards disabled people's welfare programs along with rising awareness about these programs among manufacturers of medical devices and equipment.
The elderly nursing homes segment is expected to grow at a significant rate during the forecast period due to increasing geriatric population across various regions coupled with growing need for longtermcare facilities due to declining fertility rates among women globally.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large geriatric population base and increasing government funding for D&E technologies. The U.S. is at the forefront of this regional market with over 80% revenue share, followed by Europe due to their larger geriatric population bases and better healthcare infrastructure compared to other regions.
Asia Pacific region is expected to grow at a lucrative rate during the forecast period due to improving healthcare facilities, economic development, and rising awareness about these assistive devices among patients & families across various countries such as India, China, Japan & Australia; thus resulting in an increased demand for D&E products over here as well (in both developed as well developing nations). Moreover; growing medical tourism industry coupled with favorable government policies towards medical treatments may also contribute towards this regional growth rate during the forecast period from 2018-2030 (please see table below).
Growth Factors:
- Increasing elderly population: The global elderly population is expected to grow at a CAGR of 6.5% from 2016 to 2020, reaching 1.4 billion by 2020. This will create a large pool of potential users for disabled and elderly assistive technologies market.
- Rising awareness about benefits of disabled and elderly assistive technologies: There is growing awareness among people about the benefits of using disabled and elderly assistive technologies, which is driving the demand for these devices globally.
- Technological advancements: Rapid advancements in technology are resulting in the development of innovative products that are helping improve the quality of life for disabled and elderly people worldwide. This is propelling the growth of the disabled and elderly assistive technologies market globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Disabled and Elderly Assistive Technologies Market Research Report
By Type
Medical Mobility Aids and Ambulatory Devices, Assistive Furniture, Bathroom Safety and Assistive Products, Communication Aids, Activity Monitors, Location Monitors, Others
By Application
Hospitals, Elderly Nursing Homes, Homecare, Others
By Companies
Blue Chip Medical Products, Inclusive Technology, Liberator, Permobil, Exact Dynamics, Tobii Dynavox, Jabbla, Bausch & Lomb, Medline Industries, Whirlpool Corporation
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Disabled and Elderly Assistive Technologies Market Report Segments:
The global Disabled and Elderly Assistive Technologies market is segmented on the basis of:
Types
Medical Mobility Aids and Ambulatory Devices, Assistive Furniture, Bathroom Safety and Assistive Products, Communication Aids, Activity Monitors, Location Monitors, Others
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
Hospitals, Elderly Nursing Homes, Homecare, Others
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:
- Blue Chip Medical Products
- Inclusive Technology
- Liberator
- Permobil
- Exact Dynamics
- Tobii Dynavox
- Jabbla
- Bausch & Lomb
- Medline Industries
- Whirlpool Corporation
Highlights of The Disabled and Elderly Assistive Technologies 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:
- Medical Mobility Aids and Ambulatory Devices
- Assistive Furniture
- Bathroom Safety and Assistive Products
- Communication Aids
- Activity Monitors
- Location Monitors
- Others
- By Application:
- Hospitals
- Elderly Nursing Homes
- Homecare
- Others
- 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 Disabled and Elderly Assistive Technologies 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.
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- 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?
Disabled and elderly assistive technologies are devices, software, or services that help people with disabilities or age-related impairments to live more independently. These technologies can include screen readers, voice recognition software, and adaptive keyboards.
Some of the major players in the disabled and elderly assistive technologies market are Blue Chip Medical Products, Inclusive Technology, Liberator, Permobil, Exact Dynamics, Tobii Dynavox, Jabbla, Bausch & Lomb, Medline Industries, Whirlpool Corporation.
The disabled and elderly assistive technologies 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 Disabled and Elderly Assistive Technologies 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 Disabled and Elderly Assistive Technologies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Disabled and Elderly Assistive Technologies 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 Disabled and Elderly Assistive Technologies 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 Disabled and Elderly Assistive Technologies Market Size & Forecast, 2020-2028
4.5.1 Disabled and Elderly Assistive Technologies Market Size and Y-o-Y Growth
4.5.2 Disabled and Elderly Assistive Technologies 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 Medical Mobility Aids and Ambulatory Devices
5.2.2 Assistive Furniture
5.2.3 Bathroom Safety and Assistive Products
5.2.4 Communication Aids
5.2.5 Activity Monitors
5.2.6 Location Monitors
5.2.7 Others
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 Hospitals
6.2.2 Elderly Nursing Homes
6.2.3 Homecare
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Disabled and Elderly Assistive Technologies 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 Disabled and Elderly Assistive Technologies 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 Medical Mobility Aids and Ambulatory Devices
9.6.2 Assistive Furniture
9.6.3 Bathroom Safety and Assistive Products
9.6.4 Communication Aids
9.6.5 Activity Monitors
9.6.6 Location Monitors
9.6.7 Others
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 Hospitals
9.10.2 Elderly Nursing Homes
9.10.3 Homecare
9.10.4 Others
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 Medical Mobility Aids and Ambulatory Devices
10.6.2 Assistive Furniture
10.6.3 Bathroom Safety and Assistive Products
10.6.4 Communication Aids
10.6.5 Activity Monitors
10.6.6 Location Monitors
10.6.7 Others
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 Hospitals
10.10.2 Elderly Nursing Homes
10.10.3 Homecare
10.10.4 Others
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 Medical Mobility Aids and Ambulatory Devices
11.6.2 Assistive Furniture
11.6.3 Bathroom Safety and Assistive Products
11.6.4 Communication Aids
11.6.5 Activity Monitors
11.6.6 Location Monitors
11.6.7 Others
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 Hospitals
11.10.2 Elderly Nursing Homes
11.10.3 Homecare
11.10.4 Others
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 Medical Mobility Aids and Ambulatory Devices
12.6.2 Assistive Furniture
12.6.3 Bathroom Safety and Assistive Products
12.6.4 Communication Aids
12.6.5 Activity Monitors
12.6.6 Location Monitors
12.6.7 Others
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 Hospitals
12.10.2 Elderly Nursing Homes
12.10.3 Homecare
12.10.4 Others
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 Medical Mobility Aids and Ambulatory Devices
13.6.2 Assistive Furniture
13.6.3 Bathroom Safety and Assistive Products
13.6.4 Communication Aids
13.6.5 Activity Monitors
13.6.6 Location Monitors
13.6.7 Others
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 Hospitals
13.10.2 Elderly Nursing Homes
13.10.3 Homecare
13.10.4 Others
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 Disabled and Elderly Assistive Technologies Market: Competitive Dashboard
14.2 Global Disabled and Elderly Assistive Technologies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Blue Chip Medical Products
14.3.2 Inclusive Technology
14.3.3 Liberator
14.3.4 Permobil
14.3.5 Exact Dynamics
14.3.6 Tobii Dynavox
14.3.7 Jabbla
14.3.8 Bausch & Lomb
14.3.9 Medline Industries
14.3.10 Whirlpool Corporation
