Disabled and elderly assistive technology market is expected to gain market growth in the forecast period of 2021 to 2028. Rising growth in geriatric and disabled population drives the disabled and elderly assistive technology market.
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The elderly and disabled assistive devices consist of rehabilitative devices, mobility aids, and cognitive aids which helps in providing additional accessibility to individuals with cognitive difficulties, impairments, and disabilities. These techniques play a major role in assisting disabled and elderly people to improve health results, enhance the quality of life, provide independent living alternatives, and decrease healthcare expenses. Moreover, assistive devices such as scooters, wheelchairs, canes, crutches, walkers, and others are effective ways which helps in combatting the impact of mobility limitations for disabled people, allowing ambulation, and independence.
High disposable income of baby boomers is the vital factor escalating the market growth, also rising technological advancements in assistive devices, improving care for the disabled and elderly with assistive technology, increasing aging population, rising initiatives of government and independent agencies shaping the elderly and disabled assistive devices and increased demand for assistive technologies and are the major factors among others driving the disabled and elderly assistive technology market. Moreover, emerging untapped economies, rising technological advancements and modernization in the healthcare devices, rising research and development activities in the healthcare sector and rising emerging markets with increasing geriatric population base will further create new opportunities for disabled and elderly assistive technology market in the forecasted period of 2021-2028.
Disabled and Elderly Assistive Technology Market Scope and Market Size
Disabled and elderly assistive technology market is segmented on the basis of device type and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of device type, disabled and elderly assistive technology market is segmented into medical mobility aids and ambulatory devices, medical furniture and bathroom safety products and hearing aids and vision and reading aids.
- The disabled and elderly assistive technology market is also segmented on the basis of end-user into hospital, home care settings and others.
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Disabled and Elderly Assistive Technology Market Country Level Analysis
Disabled and elderly assistive technology market is analysed and market size insights and trends are provided by country, device type and end-user as referenced above.
The countries covered in the disabled and elderly assistive technology market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
