"Inclusive Technologies: Exploring Market Dynamics in Assistive Devices Industry"
Assistive Devices Market was valued at USD 19.33 Billion in
2022, and it is expected to reach USD 27.19 Billion by 2029, exhibiting a CAGR of 5% during the forecast period (2023-2029)
Assistive Devices Market Overview
A competitive intelligence market research study on the " Assistive Devices Market" has been released by Maximize Market Research, a global healthcare market research company. From 2022 to 2029, the Assistive Devices market revenue is anticipated to expand at a compound annual growth rate (CAGR) of %, with a projected value of USD Assistive Devices bn. The Assistive Devices market overview provides comprehensive information about the market's size, trade statistics, top industry players, technological advancements in important areas, etc.
Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @:Assistive Devices Market Report Scope and Research Methodology
The information was gathered by Maximize Market Research via primary research surveys with Assistive Devices dealers, suppliers, and producers. To confirm the information for the Assistive Devices market research, the company's annual reports and secondary sources—such as trustworthy databases—both free and paid for are closely scrutinized. The study's scope include the examination of market dynamics, legislation, industry competition, and market segments.
A competitive study of the Assistive Devices Market players is included in the report. To offer a comprehensive overview, prominent players and recent entries in the industry are mentioned together. The market was examined based on several factors, including region, revenue, financial standing, portfolio, implemented technical advancements, and mergers and acquisitions. The growth potential and long-term business outlooks of the newcomers and established businesses in the Assistive Devices market were investigated. With an overall understanding of the Assistive Devices market, the analysis serves as a guide for stakeholders, investors, market participants and followers, and new entrants in developing investment strategies and marketing plans. To estimate the Assistive Devices market size, a bottom-up methodology was employed.
Assistive Devices Market Regional Insights
The report's regional analysis aids in understanding the Assistive Devices market's potential across numerous nations. The research includes every factor influencing the regional Assistive Devices market. The market size, growth rate, import and export in every region, and all other parameters are explained in detail in the research. The following regions are included in this section:
North America
Europe
Asia Pacific
Latin America
Middle East, and Africa
For More Information or Query, Visit:Assistive Devices Market Dynamics
Increasing Disorders & Non-Communicable Diseases: Some of the key reasons affecting disability include the rising incidence of chronic diseases such as cancer, diabetes, arthritis, and cardiovascular disease. Over the forecast period, the rising incidence of orthopaedic and neurological ailments is expected to boost the assistive devices market. According to the Neurological Alliance, there were around 14.7 million neurological complaints in 2019. It translates to at least one in every six persons having one or more neurological conditions that cause learning difficulties, epilepsy, and so on, and thus assistive devices aids in augmentation of muscular action and decrease of weight-bearing strain, which will complement market growth. Various non-communicable diseases such as diabetes, cancer, arthritis, multiple sclerosis, paralysis, cerebral palsy, and stroke are the prominent factors that spurs the demand for the various disabled assistive devices across the globe.
Rising Number of Accidents: Some of the primary factors to disability are non-communicable illnesses, traffic accidents, occupational injuries, and violence. The increasing incidence of accidents, such as vehicle accidents, home accidents, and workplace accidents, is driving the expansion of the global assistive devices market. According to the WHO research, between 20 and 50 million individuals suffer non-fatal injuries each year, with many becoming handicapped as a result. As a result, the demand for assistive device is skyrocketing.
Assistive Devices Market Segmentation
by Type
Mobility Aids
Wheelchairs
Monility Scootes
Cranes & Crutches
Walkers & Rollators
Transfer Lifts
Door Openers
Others (Cushions, Pillow, and Back Support)
Reading and Vision Aids
Video Magnifiers
Braille Translators
Reading Machines
Others (Books and Kitchen Appliances)
Hearing Aids
Receiver-in-the-Ear (RITE) Aids
Behind-the-Ear (BTE) Aids
In-the-Ear (ITE) Aids
Canal Hearing Aids
Bone Anchored Hearing Aids (BAHA)
Cochlear Implants
Medical Furniture
Medical Beds
Medical
Assistive Devices Market was valued at USD 19.33 Billion in
2022, and it is expected to reach USD 27.19 Billion by 2029, exhibiting a CAGR of 5% during the forecast period (2023-2029)
Assistive Devices Market Overview
A competitive intelligence market research study on the " Assistive Devices Market" has been released by Maximize Market Research, a global healthcare market research company. From 2022 to 2029, the Assistive Devices market revenue is anticipated to expand at a compound annual growth rate (CAGR) of %, with a projected value of USD Assistive Devices bn. The Assistive Devices market overview provides comprehensive information about the market's size, trade statistics, top industry players, technological advancements in important areas, etc.
Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @:Assistive Devices Market Report Scope and Research Methodology
The information was gathered by Maximize Market Research via primary research surveys with Assistive Devices dealers, suppliers, and producers. To confirm the information for the Assistive Devices market research, the company's annual reports and secondary sources—such as trustworthy databases—both free and paid for are closely scrutinized. The study's scope include the examination of market dynamics, legislation, industry competition, and market segments.
A competitive study of the Assistive Devices Market players is included in the report. To offer a comprehensive overview, prominent players and recent entries in the industry are mentioned together. The market was examined based on several factors, including region, revenue, financial standing, portfolio, implemented technical advancements, and mergers and acquisitions. The growth potential and long-term business outlooks of the newcomers and established businesses in the Assistive Devices market were investigated. With an overall understanding of the Assistive Devices market, the analysis serves as a guide for stakeholders, investors, market participants and followers, and new entrants in developing investment strategies and marketing plans. To estimate the Assistive Devices market size, a bottom-up methodology was employed.
Assistive Devices Market Regional Insights
The report's regional analysis aids in understanding the Assistive Devices market's potential across numerous nations. The research includes every factor influencing the regional Assistive Devices market. The market size, growth rate, import and export in every region, and all other parameters are explained in detail in the research. The following regions are included in this section:
North America
Europe
Asia Pacific
Latin America
Middle East, and Africa
For More Information or Query, Visit:Assistive Devices Market Dynamics
Increasing Disorders & Non-Communicable Diseases: Some of the key reasons affecting disability include the rising incidence of chronic diseases such as cancer, diabetes, arthritis, and cardiovascular disease. Over the forecast period, the rising incidence of orthopaedic and neurological ailments is expected to boost the assistive devices market. According to the Neurological Alliance, there were around 14.7 million neurological complaints in 2019. It translates to at least one in every six persons having one or more neurological conditions that cause learning difficulties, epilepsy, and so on, and thus assistive devices aids in augmentation of muscular action and decrease of weight-bearing strain, which will complement market growth. Various non-communicable diseases such as diabetes, cancer, arthritis, multiple sclerosis, paralysis, cerebral palsy, and stroke are the prominent factors that spurs the demand for the various disabled assistive devices across the globe.
Rising Number of Accidents: Some of the primary factors to disability are non-communicable illnesses, traffic accidents, occupational injuries, and violence. The increasing incidence of accidents, such as vehicle accidents, home accidents, and workplace accidents, is driving the expansion of the global assistive devices market. According to the WHO research, between 20 and 50 million individuals suffer non-fatal injuries each year, with many becoming handicapped as a result. As a result, the demand for assistive device is skyrocketing.
Assistive Devices Market Segmentation
by Type
Mobility Aids
Wheelchairs
Monility Scootes
Cranes & Crutches
Walkers & Rollators
Transfer Lifts
Door Openers
Others (Cushions, Pillow, and Back Support)
Reading and Vision Aids
Video Magnifiers
Braille Translators
Reading Machines
Others (Books and Kitchen Appliances)
Hearing Aids
Receiver-in-the-Ear (RITE) Aids
Behind-the-Ear (BTE) Aids
In-the-Ear (ITE) Aids
Canal Hearing Aids
Bone Anchored Hearing Aids (BAHA)
Cochlear Implants
Medical Furniture
Medical Beds
Medical
8 months ago
