Global Elderly and Disabled Assistive Devices Market Outlook 2022

Assistive technology is an umbrella term that includes assistive, adaptive, and rehabilitative devices for people with disabilities while also including the process used in selecting, locating, and using them. People who have disabilities often have difficulty performing activities of daily living (ADLs) independently, or even with assistance. ADLs are self-care activities that include toileting, mobility (ambulation), eating, bathing, dressing and grooming. Assistive technology can ameliorate the effects of disabilities that limit the ability to perform ADLs. Assistive technology promotes greater independence by enabling people to perform tasks they were formerly unable to accomplish, or had great difficulty accomplishing, by providing enhancements to, or changing methods of interacting with, the technology needed to accomplish such tasks. For example, wheelchairs provide independent mobility for those who cannot walk, while assistive eating devices can enable people who cannot feed themselves to do so. Due to assistive technology, people with disabilities have an opportunity of a more positive and easygoing lifestyle, with an increase in "social participation," "security and control," and a greater chance to "reduce institutional costs without significantly increasing household expenses."
North America is the largest Elderly and Disabled Assistive Devices market with about 32% market share. Europe is follower, accounting for about 32% market share.The key manufacturers are Sonova Holding, William Demant, Invacare, Ottobock, Starkey, GN ReSound, Sivantos, Cochlear, Widex, Sunrise Medical, Permobil Corp, MED-EL, Pride Mobility etc. Top 3 companies occupied about 34% market share.

The global Elderly and Disabled Assistive Devices market was valued at US$ 20950 million in 2020 and is expected to reach US$ 38480 million by the end of 2027, growing at a CAGR of 9.0% during 2021-2027.
This report focuses on Elderly and Disabled Assistive Devices volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Elderly and Disabled Assistive Devices market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Elderly and Disabled Assistive Devices Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
HA
MMA&AD
V&RA
MF&BSP

Segment by Application
For Elderly
For Disabled
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Sonova Holding
William Demant
Invacare
Ottobock
Starkey
GN ReSound
Sivantos
Cochlear
Widex
Sunrise Medical
Permobil Corp
MED-EL
Pride Mobility

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