Product Code: IRTNTR70481
Elderly And Disabled Assistive Solutions Market 2024-2028
The elderly and disabled assistive solutions market is forecasted to grow by USD 15606 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the elderly and disabled assistive solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by initiatives by governments and ngos, growing number of disabled and aged people, and growing number of road accidents resulting in serious injuries.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.32% |
CAGR | 8.09% |
Incremental Value | $15606 mn |
Technavio's elderly and disabled assistive solutions market is segmented as below:
By Product
- Hearing devices
- Mobility and ambulatory devices
- Healthcare furniture and BSE
- Vision and reading aids
By End-user
- Hospital
- Home care setting
- Nursing homes
- Assisted living facilities
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the growing customization as one of the prime reasons driving the elderly and disabled assistive solutions market growth during the next few years. Also, increasing online retail sales and growth of medical tourism will lead to sizable demand in the market.
The report on the elderly and disabled assistive solutions market covers the following areas:
- Elderly and disabled assistive solutions market sizing
- Elderly and disabled assistive solutions market forecast
- Elderly and disabled assistive solutions market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading elderly and disabled assistive solutions market vendors that include Blue Chip Medical Products Inc., Briggs Corp., Cochlear Ltd., Demant AS, DeVilbiss Healthcare GmbH, Electric Mobility Euro Ltd., Freedom Scientific Inc., GF Health Products Inc., GN Store Nord AS, Invacare Corp., LifeTec, MED EL Elektromedizinische Gerate GmbH, Ottobock SE and Co. KGaA, Permobil AB, Pride Mobility Products Corp., Siemens AG, Sonova AG, Starkey Laboratories Inc., Sunrise Medical LLC, and WS Audiology AS. Also, the elderly and disabled assistive solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Elderly And Disabled Assistive Solutions Market 2018 - 2022
- Historic Market Size - Data Table on Global Elderly And Disabled Assistive Solutions Market 2018 - 2022 ($ million)
- 4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
- 6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 6.3 Hearing devices - Market size and forecast 2023-2028
- Chart on Hearing devices - Market size and forecast 2023-2028 ($ million)
- Data Table on Hearing devices - Market size and forecast 2023-2028 ($ million)
- Chart on Hearing devices - Year-over-year growth 2023-2028 (%)
- Data Table on Hearing devices - Year-over-year growth 2023-2028 (%)
- 6.4 Mobility and ambulatory devices - Market size and forecast 2023-2028
- Chart on Mobility and ambulatory devices - Market size and forecast 2023-2028 ($ million)
- Data Table on Mobility and ambulatory devices - Market size and forecast 2023-2028 ($ million)
- Chart on Mobility and ambulatory devices - Year-over-year growth 2023-2028 (%)
- Data Table on Mobility and ambulatory devices - Year-over-year growth 2023-2028 (%)
- 6.5 Healthcare furniture and BSE - Market size and forecast 2023-2028
- Chart on Healthcare furniture and BSE - Market size and forecast 2023-2028 ($ million)
- Data Table on Healthcare furniture and BSE - Market size and forecast 2023-2028 ($ million)
- Chart on Healthcare furniture and BSE - Year-over-year growth 2023-2028 (%)
- Data Table on Healthcare furniture and BSE - Year-over-year growth 2023-2028 (%)
- 6.6 Vision and reading aids - Market size and forecast 2023-2028
- Chart on Vision and reading aids - Market size and forecast 2023-2028 ($ million)
- Data Table on Vision and reading aids - Market size and forecast 2023-2028 ($ million)
- Chart on Vision and reading aids - Year-over-year growth 2023-2028 (%)
- Data Table on Vision and reading aids - Year-over-year growth 2023-2028 (%)
- 6.7 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 7.3 Hospital - Market size and forecast 2023-2028
- Chart on Hospital - Market size and forecast 2023-2028 ($ million)
- Data Table on Hospital - Market size and forecast 2023-2028 ($ million)
- Chart on Hospital - Year-over-year growth 2023-2028 (%)
- Data Table on Hospital - Year-over-year growth 2023-2028 (%)
- 7.4 Home care setting - Market size and forecast 2023-2028
- Chart on Home care setting - Market size and forecast 2023-2028 ($ million)
- Data Table on Home care setting - Market size and forecast 2023-2028 ($ million)
- Chart on Home care setting - Year-over-year growth 2023-2028 (%)
- Data Table on Home care setting - Year-over-year growth 2023-2028 (%)
- 7.5 Nursing homes - Market size and forecast 2023-2028
- Chart on Nursing homes - Market size and forecast 2023-2028 ($ million)
- Data Table on Nursing homes - Market size and forecast 2023-2028 ($ million)
- Chart on Nursing homes - Year-over-year growth 2023-2028 (%)
- Data Table on Nursing homes - Year-over-year growth 2023-2028 (%)
- 7.6 Assisted living facilities - Market size and forecast 2023-2028
- Chart on Assisted living facilities - Market size and forecast 2023-2028 ($ million)
- Data Table on Assisted living facilities - Market size and forecast 2023-2028 ($ million)
- Chart on Assisted living facilities - Year-over-year growth 2023-2028 (%)
- Data Table on Assisted living facilities - Year-over-year growth 2023-2028 (%)
- 7.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 Asia - Market size and forecast 2023-2028
- Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Chart on Asia - Year-over-year growth 2023-2028 (%)
- Data Table on Asia - Year-over-year growth 2023-2028 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- 9.7 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.8 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.9 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.11 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 9.12 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Blue Chip Medical Products Inc.
- Blue Chip Medical Products Inc. - Overview
- Blue Chip Medical Products Inc. - Product / Service
- Blue Chip Medical Products Inc. - Key offerings
- 12.4 Briggs Corp.
- Briggs Corp. - Overview
- Briggs Corp. - Product / Service
- Briggs Corp. - Key offerings
- 12.5 Cochlear Ltd.
- Cochlear Ltd. - Overview
- Cochlear Ltd. - Business segments
- Cochlear Ltd. - Key news
- Cochlear Ltd. - Key offerings
- Cochlear Ltd. - Segment focus
- 12.6 Demant AS
- Demant AS - Overview
- Demant AS - Business segments
- Demant AS - Key offerings
- Demant AS - Segment focus
- 12.7 DeVilbiss Healthcare GmbH
- DeVilbiss Healthcare GmbH - Overview
- DeVilbiss Healthcare GmbH - Product / Service
- DeVilbiss Healthcare GmbH - Key news
- DeVilbiss Healthcare GmbH - Key offerings
- 12.8 Electric Mobility Euro Ltd.
- Electric Mobility Euro Ltd. - Overview
- Electric Mobility Euro Ltd. - Product / Service
- Electric Mobility Euro Ltd. - Key offerings
- 12.9 Freedom Scientific Inc.
- Freedom Scientific Inc. - Overview
- Freedom Scientific Inc. - Product / Service
- Freedom Scientific Inc. - Key offerings
- 12.10 GF Health Products Inc.
- GF Health Products Inc. - Overview
- GF Health Products Inc. - Product / Service
- GF Health Products Inc. - Key offerings
- 12.11 GN Store Nord AS
- GN Store Nord AS - Overview
- GN Store Nord AS - Business segments
- GN Store Nord AS - Key news
- GN Store Nord AS - Key offerings
- GN Store Nord AS - Segment focus
- 12.12 Invacare Corp.
- Invacare Corp. - Overview
- Invacare Corp. - Business segments
- Invacare Corp. - Key news
- Invacare Corp. - Key offerings
- Invacare Corp. - Segment focus
- 12.13 MED EL Elektromedizinische Gerate GmbH
- MED EL Elektromedizinische Gerate GmbH - Overview
- MED EL Elektromedizinische Gerate GmbH - Product / Service
- MED EL Elektromedizinische Gerate GmbH - Key news
- MED EL Elektromedizinische Gerate GmbH - Key offerings
- 12.14 Permobil AB
- Permobil AB - Overview
- Permobil AB - Product / Service
- Permobil AB - Key news
- Permobil AB - Key offerings
- 12.15 Pride Mobility Products Corp.
- Pride Mobility Products Corp. - Overview
- Pride Mobility Products Corp. - Product / Service
- Pride Mobility Products Corp. - Key offerings
- 12.16 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- 12.17 Sonova AG
- Sonova AG - Overview
- Sonova AG - Business segments
- Sonova AG - Key offerings
- Sonova AG - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations