PUBLISHER: The Business Research Company | PRODUCT CODE: 1729073
PUBLISHER: The Business Research Company | PRODUCT CODE: 1729073
Assistive technologies for the visually impaired are devices, software, or systems specifically designed to help individuals with partial or complete vision loss perform tasks and navigate their environments more independently. These technologies leverage sensory substitution, such as auditory or tactile input, to compensate for the lack of visual information. The main purpose of assistive technologies for the visually impaired is to improve quality of life by enhancing accessibility, communication, education, mobility, and daily living skills.
The assistive technologies for the visually impaired market consists of sales, by entities (organizations, sole traders or partnerships), of assistive technologies for the visually impaired technologies that are critical tools for individuals with varying degrees of visual impairment, including blindness, low vision and other conditions affecting sight. Users of these technologies include children, adults and the elderly who face visual challenges due to congenital conditions, aging, injuries, or diseases such as glaucoma, macular degeneration and diabetic retinopathy.
The global assistive technologies for visually impaired market was valued at $4,142.46 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 8.00%.
Improvements in Internet Connectivity
Improvements in internet connectivity in both rural and urban areas driven assistive technologies for visually impaired market in the historic period. Improvements in internet connectivity in rural and urban areas are significantly advancing the adoption of assistive technologies for the visually impaired. Reliable internet access enables seamless integration of smart devices, cloud-based services, and real-time data processing, enhancing the functionality of tools like screen readers, AI-powered navigation apps, and wearable smart glasses.For instance, according to International Telecommunication Union (ITU) is the United Nations specialized agency for information and communication technologies, the number of individuals using internet worldwide was 5.3 billion in 2023, which rose to 5.5 billion in 2024. Therefore, improvements in internet connectivity supported the growth of the assistive technologies for visually impaired market.
Advancements In Wearable Smart Glasses Enhancing Independence With Assistive Technologies
Major companies in the assistive technologies for the visually impaired market are focusing on wearable smart glasses by offering features such as voice-guided navigation, object recognition and text-to-speech functionality. These innovations help improve daily activities, enhance independence and ensure greater safety for visually impaired individuals, driving market demand. For example, in August 2024, Eyedaptic, a US-based developer of a wearable device designed to enhance the vision of retinal disease-affected people, launched EYE6 with Ivy, a wearable smart glass, artificial intelligence (AI)-powered visual assistant for patients diagnosed with age-related macular degeneration and other retinal disorders. The EYE6 with Ivy leverages advanced multimodal generative AI (GenAI) and large language models (LLMs) to visualize and interpret real-time information for users, helping to improve their daily living experiences and independence.
The global assistive technologies for visually impaired markets are fragmented, with a large number of players operating in the market. The top ten competitors in the market made up 8.04% of the total market in 2023.
Assistive Technologies for The Visually Impaired Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global assistive technologies for the visually impaired market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for assistive technologies for the visually impaired? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The assistive technologies for the visually impaired market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider assistive technologies for the visually impaired market; and compares it with other markets.