Elderly and Disabled Assistive Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Elderly and Disabled Assistive Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A6016
Buy Now

Market Overview:

The global elderly and disabled assistive devices market size reached US$ 29.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 43.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028.

Elderly and Disabled Assistive Devices are external devices designed for assisting individuals in performing different tasks and activities. They aid in improving the quality of life of the people in terms of mobility and communication by helping them move around, see, communicate, eat, or get dressed. They can reduce the stress of caregivers and enable them in providing care more efficiently and safely. At present, there is a significant rise in the geriatric population, which has increased the need for assistance while performing daily activities. This, in turn, is catalyzing the demand for elderly and disabled assistive devices across the globe.

Elderly and Disabled Assistive Devices Market Trends:

The widespread prevalence of musculoskeletal conditions, such as osteoarthritis, rheumatoid arthritis, psoriatic arthritis, gout, ankylosing spondylitis, osteoporosis, osteopenia and associated fragility fractures, represents one of the key factors stimulating the growth of the market. Moreover, Elderly and Disabled Assistive Devices, include wheelchairs, prostheses, spectacles, pill organizers, blood glucose meters, crutches, nursing beds, shower seats, toilet seats, and specialized computer software and hardware. These devices help increase mobility, hearing, vision, and communication capacities. They also comprise automatic page-turners, book holders, and adapted pencil grips to help specially-abled individuals participate in educational activities. Besides this, physical modifications in the built environment, including ramps, grab bars, and wider doorways, can offer access to buildings, businesses, and workplaces. This, coupled with the rising adoption of wearable Elderly and Disabled Assistive Devices, is positively influencing the market. Furthermore, the introduction of the internet of things (IoT) assistive devices, such as smart canes equipped with sensors and ultrasonic ranging to detect objects in their path, is driving the overall sales and profitability.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global elderly and disabled assistive devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service type and end user.

Breakup by Service Type:

  • Mobility Aids Devices
    • Wheelchairs
    • Mobility Scooters
    • Cranes and Crutches
    • Walkers and Rollators
    • Transfer Lifts
    • Door Openers
    • Others
  • Living Aids Devices
    • Reading and Vision Aids
    • Hearing Aids
  • Medical Furniture
    • Medical Beds
    • Medical Furniture Accessories
    • Door Openers
    • Others
  • Bathroom Safety Devices
    • Commodes
    • Bars, Grips, and Rails
    • Shower Chairs
    • Ostomy Products
       

Breakup by End User:

  • Hospitals
  • Nursing Homes
  • Assisted Living Facilities
  • Homecare
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Carex Health Brands Inc., Demant A/S, GF Health Products Inc., GN Hearing A/S, Invacare Corporation, Kaye Products Inc., Medical Depot Inc., NOVA Medical Products, Pride Mobility Products Corporation, Sonova Holding AG, Starkey Hearing Technologies and Sunrise Medical Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
 Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Service Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Carex Health Brands Inc., Demant A/S, GF Health Products Inc., GN Hearing A/S, Invacare Corporation, Kaye Products Inc., Medical Depot Inc., NOVA Medical Products, Pride Mobility Products Corporation, Sonova Holding AG, Starkey Hearing Technologies and Sunrise Medical Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Elderly and Disabled Assistive Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Clients Testimonial

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More