Elderly and Disabled Assistive Devices Market Size, Share, Growth, Trends, and Global Industry Analysis: By Device Type (Bathroom safety & Medical furniture devices (Hearing aids, Ostomy products, Vision and reading aids, Medical beds, Shower chairs and commodes, Bars and railings, Others) Mobility aids & Medical ambulatory devices (Mobility scooters, Wheelchairs, Walkers & Rollators, Transfer lifts, Door openers, Cranes and crutches, Others)), By Technology (Battery powered assistive device, Electrical assistive devices, Human-powered assistive devices, Software-based assistive devices, Others), By End User (Hospitals, Ambulatory surgical centres, Homecare) and Region Forecast 2020-2031

Elderly And Disabled Assistive Devices Market size was valued at US$ 28,313.0 billion in 2024 and is expected to reach US$ 43,709.7 billion by 2031, growing at a significant CAGR of 6.4% from 2025-2031. The increase in the prevalence of neurological disorders such as dementia, a rise in the number of accident cases, a growing global geriatric population, technological advancements in various elderly and disabled assistive devices, and availability of the varied products are anticipated to propel the market over the forecast period. Furthermore, a rise in funding from the government and other NGO organizations for the distribution of assistive products, favorable reimbursement policies, and an increase in healthcare expenditure might fuel the market growth.

However, the high cost of assistive devices, product recalls, and poor acceptance of some products might hinder the growth of the market over the forecast timeframe. Elderly and disabled assistive devices are used by aging people or disabled people who are dependent on others for day-to-day activities. The assistive devices help in enhancing reading, listening, moving, and other daily activities. Different types of assistive devices are available for different functions which makes life independent and comfortable. Most commonly used elderly and disabled assistive devices include visual and hearing aids, wheelchairs, and computerized hardware and software systems for improving daily activities independently.

Key Developments

• On July 8, 2024 - Drive DeVilbiss Healthcare (DDH) announced the acquisition of Mobility Designed, Inc.'s full portfolio of products. This strategic acquisition will enhance DDH's portfolio of innovative medical equipment while integrating cutting-edge industrial design expertise directly into its operations.