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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.”
This report contains market size and forecasts of Assistive Devices for Vulnerable Groups in Global, including the following market information:
Global Assistive Devices for Vulnerable Groups Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Assistive Devices for Vulnerable Groups market was valued at 22800 million in 2021 and is projected to reach US$ 33490 million by 2028, at a CAGR of 5.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hearing Aids Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Assistive Devices for Vulnerable Groups include Sonova Holding, William Demant, Invacare, Ottobock, Starkey, GN ReSound, Sivantos, Cochlear and Widex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Assistive Devices for Vulnerable Groups companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Assistive Devices for Vulnerable Groups Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Assistive Devices for Vulnerable Groups Market Segment Percentages, by Type, 2021 (%)
– Hearing Aids
– Medical Mobility Aids & Ambulatory Devices
– Vision & Reading Aids
– Medical Furniture & Bathroom Safety Products
– Others
Global Assistive Devices for Vulnerable Groups Market, by End Users, 2017-2022, 2023-2028 ($ millions)
Global Assistive Devices for Vulnerable Groups Market Segment Percentages, by End Users, 2021 (%)
– For Elderly
– For Disabled
– Others
Global Assistive Devices for Vulnerable Groups Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Assistive Devices for Vulnerable Groups Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Assistive Devices for Vulnerable Groups revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Assistive Devices for Vulnerable Groups revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Sonova Holding
– William Demant
– Invacare
– Ottobock
– Starkey
– GN ReSound
– Sivantos
– Cochlear
– Widex
– Sunrise Medical
– Permobil Corp
– MED-EL
– Pride Mobility
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