Global Elderly and Disabled Assistive Devices Market Size study & Forecast, by Type (Living Aids, Mobility Aids Devices, Bathroom Safety Equipment and Medical Furniture) and Regional Analysis, 2023-2030

Description

List of Tables

Global Elderly and Disabled Assistive Devices Market is valued at approximately USD 28.51 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2023-2030. Elderly and disabled assistive devices are devices designed to help elderly and disabled individuals maintain their independence and improve their quality of life. These devices can range from simple devices such as canes, walkers, and hearing aids to more complex devices such as powered wheelchairs, home automation systems, and communication aids. The Elderly and Disabled Assistive Devices market is expanding because of factors such as growth in the geriatric and disabled population and the high disposable income of baby boomers.

As growth in the geriatric and disabled population is propelling the market growth. According to the World Health Organization, report 2023, 1.3 billion individuals worldwide are severely disabled. 1 in 6 of us, or 16% of the world's population, is represented by this. Thus, the high prevalence of people with disability is propelling the market growth.. According to the World Bank Group, the world's old population was 727 million in 2020, and it is predicted to treble over the next three decades, reaching 1.5 billion in 2050. In addition, Governments around the world are implementing various initiatives to support the elderly and disabled population, including funding for research and development of assistive devices, and subsidies for purchasing these products which is further boosting the market growth. Along with these, Technological advancements in assistive devices are creating lucrative growth in the market. However, the high cost of Elderly and Disabled Assistive Devices stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Elderly and Disabled Assistive Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players and the region's increasing disease prevalence. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, an increase in the number of collaborations for devices development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.

Major market players included in this report are:

AI Squared Inc.
Drive Medical
GN Resound Group
Invacare Corporation
Nordic Capital
Pride Mobility Products Corporation
Siemens Ltd.
Sonova Holding AG
Starkey hearing technologies
William Demant Holding A/S

Recent Developments in the Market:

In February 2020, GN ReSound announced the launch of ReSound ENZO Q and ReSound LiNX Quattro technology, new ReSound hearing solutions based on a potent chip architecture that offers great sound quality, connection, and customer support to people with all types of hearing loss.

Global Elderly and Disabled Assistive Devices Market Report Scope:

Historical Data: - 2020 - 2021
Base Year for Estimation: - 2022
Forecast period: - 2023-2030
Report Coverage: - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: - Type, Region
Regional Scope: - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Living Aids
Mobility Aids Devices
Bathroom Safety Equipment
Medical furniture

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Elderly and Disabled Assistive Devices Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Elderly and Disabled Assistive Devices Market, by Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Elderly and Disabled Assistive Devices Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Elderly and Disabled Assistive Devices Market Dynamics

3.1. Elderly and Disabled Assistive Devices Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growth in geriatric and disabled population
  - 3.1.1.2. High disposable income of baby boomers
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Elderly and Disabled Assistive Devices
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancements in assistive devices
  - 3.1.3.2. Rising government funding for research and development of assistive devices

Chapter 4. Global Elderly and Disabled Assistive Devices Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Elderly and Disabled Assistive Devices Market, by Type

5.1. Market Snapshot
5.2. Global Elderly and Disabled Assistive Devices Market by Type, Performance - Potential Analysis
5.3. Global Elderly and Disabled Assistive Devices Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Elderly and Disabled Assistive Devices Market, Sub Segment Analysis
- 5.4.1. Living Aids
- 5.4.2. Mobility Aids Devices
- 5.4.3. Bathroom Safety Equipment
- 5.4.4. Medical furniture

Chapter 6. Global Elderly and Disabled Assistive Devices Market, Regional Analysis

6.1. Top Leading Countries
6.2. Top Emerging Countries
6.3. Elderly and Disabled Assistive Devices Market, Regional Market Snapshot
6.4. North America Elderly and Disabled Assistive Devices Market
- 6.4.1. U.S. Elderly and Disabled Assistive Devices Market
  - 6.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 6.4.2. Canada Elderly and Disabled Assistive Devices Market
6.5. Europe Elderly and Disabled Assistive Devices Market Snapshot
- 6.5.1. U.K. Elderly and Disabled Assistive Devices Market
- 6.5.2. Germany Elderly and Disabled Assistive Devices Market
- 6.5.3. France Elderly and Disabled Assistive Devices Market
- 6.5.4. Spain Elderly and Disabled Assistive Devices Market
- 6.5.5. Italy Elderly and Disabled Assistive Devices Market
- 6.5.6. Rest of Europe Elderly and Disabled Assistive Devices Market
6.6. Asia-Pacific Elderly and Disabled Assistive Devices Market Snapshot
- 6.6.1. China Elderly and Disabled Assistive Devices Market
- 6.6.2. India Elderly and Disabled Assistive Devices Market
- 6.6.3. Japan Elderly and Disabled Assistive Devices Market
- 6.6.4. Australia Elderly and Disabled Assistive Devices Market
- 6.6.5. South Korea Elderly and Disabled Assistive Devices Market
- 6.6.6. Rest of Asia Pacific Elderly and Disabled Assistive Devices Market
6.7. Latin America Elderly and Disabled Assistive Devices Market Snapshot
- 6.7.1. Brazil Elderly and Disabled Assistive Devices Market
- 6.7.2. Mexico Elderly and Disabled Assistive Devices Market
6.8. Middle East & Africa Elderly and Disabled Assistive Devices Market
- 6.8.1. Saudi Arabia Elderly and Disabled Assistive Devices Market
- 6.8.2. South Africa Elderly and Disabled Assistive Devices Market
- 6.8.3. Rest of Middle East & Africa Elderly and Disabled Assistive Devices Market

Chapter 7. Competitive Intelligence

7.1. Key Company SWOT Analysis
- 7.1.1. Company 1
- 7.1.2. Company 2
- 7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
- 7.3.1. AI Squared Inc.
  - 7.3.1.1. Key Information
  - 7.3.1.2. Overview
  - 7.3.1.3. Financial (Subject to Data Availability)
  - 7.3.1.4. Product Summary
  - 7.3.1.5. Recent Developments
- 7.3.2. Drive Medical
- 7.3.3. GN Resound Group
- 7.3.4. Invacare Corporation
- 7.3.5. Nordic Capital
- 7.3.6. Pride Mobility Products Corporation
- 7.3.7. Siemens Ltd.
- 7.3.8. Sonova Holding AG
- 7.3.9. Starkey hearing technologies
- 7.3.10. William Demant Holding A/S

Chapter 8. Research Process

8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Elderly and Disabled Assistive Devices Market, report scope
TABLE 2. Global Elderly and Disabled Assistive Devices Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Elderly and Disabled Assistive Devices Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Elderly and Disabled Assistive Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 5. Global Elderly and Disabled Assistive Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Elderly and Disabled Assistive Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Elderly and Disabled Assistive Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Elderly and Disabled Assistive Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Elderly and Disabled Assistive Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Elderly and Disabled Assistive Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Elderly and Disabled Assistive Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Elderly and Disabled Assistive Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Elderly and Disabled Assistive Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. U.S. Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 16. U.S. Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. Canada Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. Canada Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. UK Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. UK Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Germany Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. Germany Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. France Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. France Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Italy Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. Italy Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Spain Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Spain Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. RoE Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. RoE Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. China Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. China Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. India Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. India Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. Japan Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. Japan Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. South Korea Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. South Korea Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Australia Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. Australia Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. RoAPAC Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. RoAPAC Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Brazil Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. Brazil Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Mexico Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Mexico Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. RoLA Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. RoLA Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Saudi Arabia Elderly and Disabled Assistive Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. South Africa Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoMEA Elderly and Disabled Assistive Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. List of secondary sources, used in the study of global Elderly and Disabled Assistive Devices Market
TABLE 69. List of primary sources, used in the study of global Elderly and Disabled Assistive Devices Market
TABLE 70. Years considered for the study
TABLE 71. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Elderly and Disabled Assistive Devices Market, research methodology
FIG 2. Global Elderly and Disabled Assistive Devices Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Elderly and Disabled Assistive Devices Market, key trends 2022
FIG 5. Global Elderly and Disabled Assistive Devices Market, growth prospects 2023-2030
FIG 6. Global Elderly and Disabled Assistive Devices Market, porters 5 force model
FIG 7. Global Elderly and Disabled Assistive Devices Market, pest analysis
FIG 8. Global Elderly and Disabled Assistive Devices Market, value chain analysis
FIG 9. Global Elderly and Disabled Assistive Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Elderly and Disabled Assistive Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Elderly and Disabled Assistive Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Elderly and Disabled Assistive Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Elderly and Disabled Assistive Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Elderly and Disabled Assistive Devices Market, regional snapshot 2020 & 2030
FIG 15. North America Elderly and Disabled Assistive Devices Market 2020 & 2030 (USD Billion)
FIG 16. Europe Elderly and Disabled Assistive Devices Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Elderly and Disabled Assistive Devices Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Elderly and Disabled Assistive Devices Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Elderly and Disabled Assistive Devices Market 2020 & 2030 (USD Billion)