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Market Outlook
The global elderly and disabled assistive devices market reached USD 24.15 billion in 2019 and is expected to grow at a CAGR of 7% during the forecast period of 2020-2025 to attain USD 36.2 billion by 2025. The increasing proactivity and the growing value of better health conditions is expected to provide lucrative market growth opportunities.
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Properties and Applications
The elderly and disabled assistive devices are technologies that support, adapt, or rehabilitate people with disabilities or the elderly. For example, wheelchairs provide independent flexibility for those who are unable to walk, while feeding aids may allow people who are unable to feed themselves to do so.
The industry can be broadly categorised based on the type and end-user.
Based on types, the market is divided into:
Based on end-users, the market can be segmented into:
EMR report looks into the regional markets of disabled and elderly assistive devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The global market for elderly and disabled assistive technologies is driven by a rise in the geriatric and disabled population, changes in lifestyle, the availability of disabled and elderly assistive devices, and the increased demand for assistive technologies. The increasing number of producers of assistive devices investing in these technologies’ R&D activities also stimulates the market growth. High costs of a few advanced devices, low acceptance rates for these products in emerging economies, and low reimbursement from health insurers, however, might hinder the market growth.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global elderly and disabled assistive devices industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1 Preface
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Elderly and Disabled Assistive Devices Market Analysis
6.1 Global Elderly and Disabled Assistive Devices Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Global Elderly and Disabled Assistive Devices Market Breakup by Type
6.2.1 Living Aids
6.2.1.1 Hearing Aids
6.2.1.2 Reading and Vision Aids
6.2.2 Mobility Aids Devices
6.2.2.1 Wheelchairs
6.2.2.2 Mobility Scooters
6.2.3 Medical furniture
6.2.3.1 Medical Beds
6.2.3.2 Door Openers
6.2.3.3 Riser Reclining Chairs
6.2.3.4 Others
6.2.4 Bathroom Safety Equipment
6.2.4.1 Shower Chairs
6.2.4.2 Commode Chairs
6.2.4.3 Ostomy Equipment
6.2.4.4 Bars, Grips, and Rails
6.3 Global Elderly and Disabled Assistive Devices Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Living Aids
6.3.1.1 Hearing Aids
6.3.1.2 Reading and Vision Aids
6.3.2 Mobility Aids Devices
6.3.2.1 Wheelchairs
6.3.2.2 Mobility Scooters
6.3.3 Medical furniture
6.3.3.1 Medical Beds
6.3.3.2 Door Openers
6.3.3.3 Riser Reclining Chairs
6.3.3.4 Others
6.3.4 Bathroom Safety Equipment
6.3.4.1 Shower Chairs
6.3.4.2 Commode Chairs
6.3.4.3 Ostomy Equipment
6.3.4.4 Bars, Grips, and Rails
6.4 Global Elderly and Disabled Assistive Devices Market Breakup by End Use
6.4.6 Hospital
6.4.7 Home Care Setting
6.4.8 Others
6.5 Global Elderly and Disabled Assistive Devices Market Breakup by End Use: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 Hospital
6.5.2 Home Care Setting
6.5.3 Others
6.6 Global Elderly and Disabled Assistive Devices Market Breakup by Region
6.6.1 North America
6.6.1.1 United States of America
6.6.1.2 Canada
6.6.2 Europe
6.6.2.1 Germany
6.6.2.2 United Kingdom
6.6.2.3 France
6.6.2.4 Italy
6.6.2.5 Others
6.6.3 Asia Pacific
6.6.3.1 China
6.6.3.2 Japan
6.6.3.3 India
6.6.3.4 ASEAN
6.6.3.5 Others
6.6.4 Latin America
6.6.4.1 Brazil
6.6.4.2 Argentina
6.6.4.3 Mexico
6.6.4.4 Others
6.6.5 Middle East & Africa
6.6.5.1 Saudi Arabia
6.6.5.2 United Arab Emirates
6.6.5.3 Nigeria
6.6.5.4 South Africa
6.6.5.5 Others
6.7 Global Elderly and Disabled Assistive Devices Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 North America
6.7.1.1 United States of America
6.7.1.2 Canada
6.7.2 Europe
6.7.2.1 Germany
6.7.2.2 United Kingdom
6.7.2.3 France
6.7.2.4 Italy
6.7.2.5 Others
6.7.3 Asia Pacific
6.7.3.1 China
6.7.3.2 Japan
6.7.3.3 India
6.7.3.4 ASEAN
6.7.3.5 Others
6.7.4 Latin America
6.7.4.1 Brazil
6.7.4.2 Argentina
6.7.4.3 Mexico
6.7.4.4 Others
6.7.5 Middle East & Africa
6.7.5.1 Saudi Arabia
6.7.5.2 United Arab Emirates
6.7.5.3 Nigeria
6.7.5.4 South Africa
6.7.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Key Players & Company Profiles
9.1 Freedom Scientific, Inc.
9.2 Medical Depot, Inc.
9.3 GN Store Nord A/S (CPH: GN)
9.4 Invacare Corporation (NYSE: IVC)
9.5 Nordic Capital Limited
9.6 Pride Mobility Products Corporation
9.7 Siemens AG (ETR: SIE)
9.8 Sonova Holding AG (SWX: SOON)
9.9 Others
10 Events and Developments
Additional Customization Available:
11 Feedstock Analysis
12 Procurement Strategy
12.1 Value Chain Analysis
12.2 Contract Terms
12.3 Buying and Sourcing Trends
12.4 Storage and Warehousing
12.5 Certifications and Regulations
12.6 Risk Factors
13 Trade Data Analysis
13.1 Major Exporting Countries: By Value and Volume
13.2 Major Importing Countries: By Value and Volume
14 Regional Price Analysis
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Cost Analysis and Project Economics
16.1 Land, Location and Site Development
16.2 Construction
16.3 Plant Machinery
16.4 Cost of Raw Material
16.5 Packaging
16.6 Transportation
16.7 Utilities
16.8 Manpower
16.9 Other Capital Investment
17 Production Cost Analysis
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