Market Overview:
The global disabled & elderly assistive technology 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 assistive technology, and government initiatives for disability inclusion. Based on type, the mobility assistance aids segment is expected to account for the largest share of the global disabled & elderly assistive technology market in 2018. This segment includes wheelchairs, walkers, canes, and crutches. The bathroom safety & assistive products segment is projected to grow at the highest CAGR during the forecast period owing to increasing demand for safe bathing solutions among geriatric population. Based on application, hospitals and clinics are estimated to account for the largest share of the global disabled & elderly Assistive Technology Market in 2018 followed by elder care homes.
Product Definition:
Disabled and elderly assistive technology is a type of technology that is used to help disabled and elderly people with their everyday activities. This can include things like helping them to walk, eat, or even use the bathroom. The importance of this type of technology is that it can help these individuals to live more independently and have a better quality of life.
Mobility Assistance Aids:
Mobility assistance aids are assistive devices used by physically disabled and elderly people for moving around. They help them to move with ease and increase independence. These products have witnessed a tremendous upsurge in demand over the last few years due to growing geriatric population, rising incidence of disability, increasing healthcare awareness among consumers along with government support for provision of funds & incentives on purchase of these devices.
Bathroom Safety & Assistive Products:
The global bathroom safety and assistive products and it's usage in disabled & elderly assistive technology market size was valued at USD 6.5 billion in 2016.
Application Insights:
The others segment dominated the application segment with a share of over 40.0% in 2017. The others include health monitoring devices, medical alert systems, and home healthcare aids among other assistive technologies for daily living such as meal preparation and hygiene care. These products are increasingly being adopted by the elderly population who live at their own homes or in independent apartments provided by their families or friends due to an increase in safety concerns among them.
The hospital and clinic application segment is expected to witness significant growth over the forecast period owing to rising demand from geriatric patients suffering from mobility problems due to conditions like arthritis, hip fractures, Parkinson¢â‚¬â„¢s disease etc.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of manufacturers and suppliers, coupled with high awareness levels regarding D & EAT among people with disabilities, is expected to drive the regional market over the forecast period. Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to increasing geriatric population and rising healthcare expenditure in developing countries such as India and China. Moreover, government initiatives promoting inclusion are also anticipated to propel growth over the next eight years. For instance, according to a UN Report on Ageing (2014), by 2050 nearly 60% of Japan’s population will be aged 65 or more; currently it is 25%.
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 technology products and services.
- Rising awareness about disability and aging-related issues: There is an increasing awareness among people about disabilities and the need for assistive technologies in order to improve the quality of life for disabled and elderly individuals. This is driving demand for such technologies across the world.
- Technological advancements: The rapid advancement in technology has led to the development of innovative disabled and elderly assistive technology products that are more user-friendly, affordable, and accessible than ever before. This is helping to boost adoption rates globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Disabled & Elderly Assistive Technology Market Research Report
By Type
Mobility Assistance Aids, Bathroom Safety & Assistive Products, Assistive Furniture, Communication Aids, Others
By Application
Hospitals and Clinics, Elderly Nursing Homes, Homecare, Others
By Companies
Siemens Ltd., Widex Ltd., Sunrise Medical LLC., GN ReSound Group, Sonova Holding AG, Starkey Hearing Technologies, William Demant Holding A/S, Drive Medical Design and Manufacturing, Ai Squared, Whirlpool Corporation, Wintriss Engineering Corporation, Invacare Corporation, Medline Industries, Inc.
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Disabled & Elderly Assistive Technology Market Report Segments:
The global Disabled & Elderly Assistive Technology market is segmented on the basis of:
Types
Mobility Assistance Aids, Bathroom Safety & Assistive Products, Assistive Furniture, Communication Aids, 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 and Clinics, 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:
- Siemens Ltd.
- Widex Ltd.
- Sunrise Medical LLC.
- GN ReSound Group
- Sonova Holding AG
- Starkey Hearing Technologies
- William Demant Holding A/S
- Drive Medical Design and Manufacturing
- Ai Squared
- Whirlpool Corporation
- Wintriss Engineering Corporation
- Invacare Corporation
- Medline Industries, Inc.
Highlights of The Disabled & Elderly 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:
- Mobility Assistance Aids
- Bathroom Safety & Assistive Products
- Assistive Furniture
- Communication Aids
- Others
- By Application:
- Hospitals and Clinics
- 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 & Elderly 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?
Disabled & Elderly Assistive Technology (DEAT) is a term used to describe assistive technology devices and services that are specifically designed to meet the needs of people with disabilities or age-related impairments. DEAT can include devices such as voice recognition software, magnifiers, screen readers, and keyboard shortcuts.
Some of the key players operating in the disabled & elderly assistive technology market are Siemens Ltd., Widex Ltd., Sunrise Medical LLC., GN ReSound Group, Sonova Holding AG, Starkey Hearing Technologies, William Demant Holding A/S, Drive Medical Design and Manufacturing, Ai Squared, Whirlpool Corporation, Wintriss Engineering Corporation, Invacare Corporation, Medline Industries, Inc..
The disabled & elderly 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 Disabled & Elderly 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 Disabled & Elderly Assistive Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Disabled & Elderly 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 Disabled & Elderly 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 Disabled & Elderly Assistive Technology Market Size & Forecast, 2020-2028
4.5.1 Disabled & Elderly Assistive Technology Market Size and Y-o-Y Growth
4.5.2 Disabled & Elderly 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 Mobility Assistance Aids
5.2.2 Bathroom Safety & Assistive Products
5.2.3 Assistive Furniture
5.2.4 Communication Aids
5.2.5 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 and Clinics
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 & Elderly 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 Disabled & Elderly 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 Mobility Assistance Aids
9.6.2 Bathroom Safety & Assistive Products
9.6.3 Assistive Furniture
9.6.4 Communication Aids
9.6.5 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 and Clinics
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 Mobility Assistance Aids
10.6.2 Bathroom Safety & Assistive Products
10.6.3 Assistive Furniture
10.6.4 Communication Aids
10.6.5 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 and Clinics
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 Mobility Assistance Aids
11.6.2 Bathroom Safety & Assistive Products
11.6.3 Assistive Furniture
11.6.4 Communication Aids
11.6.5 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 and Clinics
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 Mobility Assistance Aids
12.6.2 Bathroom Safety & Assistive Products
12.6.3 Assistive Furniture
12.6.4 Communication Aids
12.6.5 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 and Clinics
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 Mobility Assistance Aids
13.6.2 Bathroom Safety & Assistive Products
13.6.3 Assistive Furniture
13.6.4 Communication Aids
13.6.5 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 and Clinics
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 & Elderly Assistive Technology Market: Competitive Dashboard
14.2 Global Disabled & Elderly Assistive Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens Ltd.
14.3.2 Widex Ltd.
14.3.3 Sunrise Medical LLC.
14.3.4 GN ReSound Group
14.3.5 Sonova Holding AG
14.3.6 Starkey Hearing Technologies
14.3.7 William Demant Holding A/S
14.3.8 Drive Medical Design and Manufacturing
14.3.9 Ai Squared
14.3.10 Whirlpool Corporation
14.3.11 Wintriss Engineering Corporation
14.3.12 Invacare Corporation
14.3.13 Medline Industries, Inc.
