The Elderly and Disabled Assistive Devices Market was valued at USD 28.96 billion in 2019
and is predicted to reach USD 49.01 billion by 2030 with a CAGR of 4.9% from 2020-2030.
The elderly and disabled assistive devices consist of various rehabilitative, adaptive and
cognitive devices that aim to provide better quality of life and ensure mobility of elderly and
disabled person. Assistive devices such as wheelchairs, canes, crutches, walkers, hearing and
visual aids improve the hearing capacity, vision, mobility, or communication of the elderly
and disabled people. According to a report published by WHO, around 15% of world’s
population live with some kind of disabilities. Assistive devices play a crucial role by helping
them to live an independent life, participate in education and built careers.
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Top Companies: AI Squared, Drive Medical, GN Resound Group, Invacare, Nordic Capital
(Sunrise Medical LLC), Pride Mobility Products Corporation, Siemens Ltd., Sonova Holding
AG, Starkey hearing technologies, William Demant Holding A/S, Bausch & Lomb, Inc.,
Inclusive Technology Ltd., Liberator Ltd., Tobii Dynavox, Blue Chip Medical Type, Inc.,
Permobil AB, Medline Industries, Inc and others.
The elderly and disabled assistive devices market share has been segmented on the basis of
type and geography. On the basis of type, the market is divided into living aids, mobility
assistive devices, bathroom safety equipment, and medical furniture. Based on living aids,
the market is divided into hearing aids and reading & vision aids. The hearing aids segment
is also sub segmented into behind-the-ear aids (BTE), receiver-in-the-ear aids (RITE), in-the
ear aids (ITE), bone anchored hearing aids (BAHA), canal hearing aids, cochlear implants. The
reading and vision aids are divided into braille translators, video magnifiers, reading
machines and others. The mobility aids walkers & rollators, ca