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Global Elderly and Disabled Assistive Devices Market: By Type: Living Aids, Mobility Aids Devices, Medical furniture, Bathroom Safety Equipment; By End Use: Hospital, Home Care Setting; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Elderly and Disabled Assistive Devices Market Outlook

The global elderly and disabled assistive devices market reached USD 24.15 billion in 2020 and is expected to grow at a CAGR of 7% during the forecast period of 2021-2026 to attain USD 36.2 billion by 2026. The increasing proactivity and the growing value of better health conditions is expected to provide lucrative market growth opportunities.

 

Global Elderly and Disabled Assistive Devices Market

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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.

 

Global Elderly and Disabled Assistive Devices Market By End Use

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The industry can be broadly categorised based on the type and end-user.

Based on types, the market is divided into:

  • Living Aids
    • Hearing Aids
    • Reading and Vision Aids
  • Mobility Aids Devices
    • Wheelchairs
    • Mobility Scooters
  • Medical Furniture
    • Medical Beds
    • Door Openers
    • Riser Reclining Chairs
    • Others
  • Bathroom Safety Equipment
    • Shower Chairs
    • Commode Chairs
    • Ostomy Equipment
    • Bars, Grips, and Rails

Based on end-users, the market can be segmented into:

  • Hospital
  • Home Care Setting
  • Others

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.

 

Global Elderly and Disabled Assistive Devices Market By Region

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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:

  • Freedom Scientific, Inc.
  • Medical Depot, Inc.
  • GN Store Nord A/S 
  • Invacare Corporation (NYSE: IVC)
  • Nordic Capital Limited 
  • Pride Mobility Products Corporation
  • Siemens AG 
  • Sonova Holding AG 
  • Others

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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End Use, Region
Breakup by Type Living Aids, Mobility Aids Devices, Medical furniture, Bathroom Safety Equipment
Breakup by End Use Hospital, Home Care Setting, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Freedom Scientific, Inc., Medical Depot, Inc., GN Store Nord A/S (CPH: GN), Invacare Corporation (NYSE: IVC), Nordic Capital Limited, Pride Mobility Products Corporation, Siemens AG (ETR: SIE), Sonova Holding AG (SWX: SOON), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Key Questions Answered in the Market Report

  • How has the global elderly and disabled assistive devices market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the market for 2021-2026?
  • What are the major drivers for historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints for historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the global elderly and disabled assistive devices industry?
  • What are the major price indicators of the global market?
  • What are the price trends in the global elderly and disabled assistive devices industry?
  • What are the import and export trends in the global elderly and disabled assistive devices market?
  • Who are the top importers and exporters of elderly and disabled assistive devices in the industry globally?
  • Who are the major manufacturers in the global elderly and disabled assistive devices market? 
  • What is the degree of competition in the global elderly and disabled assistive devices market?
  • What are the major events and developments taking place within the elderly and disabled assistive devices industry globally?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 (2016-2020) & Forecast (2021-2026)
    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 (2016-2020) & Forecast (2021-2026)
        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 (2016-2020) & Forecast (2021-2026)
        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 (2016-2020) & Forecast (2021-2026)
        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    Industry Events and Developments

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