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."
The classification of Assistive Devices for Vulnerable Groups includes hearing aids, medical mobility aids & ambulatory devices, vision & reading aids and medical furniture & bathroom safety products, and the proportion of hearing aids in 2017 is about 57%, and the proportion is in increasing trend from 2013 to 2017.
Assistive Devices for Vulnerable Groups is widely used for the elderly, the disabled and other diseases. The most proportion of Assistive Devices for Vulnerable Groups is used for the disabled, and the proportion in 2017 is nearly 50%.
Mexico, China, Africa, South America, India and Southeast Asia are the middle and low income countries we focused on in our report, and these six regions account for 19% of the whole global market. China is the largest consumption place of the middle/low income countries, with a consumption market share nearly 5.6% in 2017 globally.
Market competition is not intense. Sonova Holding, William Demant, Invacare, Ottobock, Starkey, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
According to this study, over the next five years the Assistive Devices for Vulnerable Groups market will register a 7.5% CAGR in terms of revenue, the global market size will reach US$ 25500 million by 2024, from US$ 16500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Assistive Devices for Vulnerable Groups business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Assistive Devices for Vulnerable Groups market by product type, application, key manufacturers and key regions and countries.
This study considers the Assistive Devices for Vulnerable Groups value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hearing Aids
Medical Mobility Aids & Ambulatory Devices
Vision & Reading Aids
Medical Furniture & Bathroom Safety Products
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
For Elderly
For Disabled
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sonova Holding
William Demant
Invacare
Ottobock
Starkey
GN ReSound
Sivantos
Cochlear
Widex
Sunrise Medical
Permobil Corp
MED-EL
Pride Mobility
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Assistive Devices for Vulnerable Groups consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Assistive Devices for Vulnerable Groups market by identifying its various subsegments.
Focuses on the key global Assistive Devices for Vulnerable Groups manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Assistive Devices for Vulnerable Groups with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Assistive Devices for Vulnerable Groups submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Assistive Devices for Vulnerable Groups . Industry analysis & Market Report on Assistive Devices for Vulnerable Groups is a syndicated market report, published as Global Assistive Devices for Vulnerable Groups Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Assistive Devices for Vulnerable Groups market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.