Elderly and Disabled Assistive Devices Market: By Device Type Mobility aids & Medical ambulatory devices ), By Technology, By End User and Region Forecast 2019-2030

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 2019-2030

Elderly And Disabled Assistive Devices Market size was valued at US$ 26,610 billion in 2023 and is expected to reach US$ 38,254 billion by 2030, at a significant CAGR of 6.4% from 2024-2030. 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.

Global Elderly And Disabled Assistive Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.4%

Largest Market

North-America

Fastest Growing Market

North-America

Elderly And Disabled Assistive Devices Market Dynamics

Elderly and Disabled Assistive Devices Market is growing at a significant CAGR owing to rise in technological advancements and innovation of novel devices which reduce strain to the patients. An upsurge in global geriatric population (according to U.S. Census Bureau, the global ageing population above 65 years is 8.5% in 2015 and is expected to reach 12% in 2030) an increase in the disability cases due to accidents are anticipated to fuel the elderly and disabled assistive devices market. New product launches with novel technologies, patent filings, and product launchings are the strategies followed by the companies for increasing their revenue in elderly and disabled assistive devices market. For instance, In August 2015, Advanced Bionics (Sonova Holding AG) received the FDA approval for Naida Ci Q 90 and Q30, a cochlear implant system with improved battery life and reduce the size.

Global Elderly And Disabled Assistive Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 26,610 billion

Market Size in 2030

US$ 38,254 billion

Market CAGR

6.4%

By Device Type

  • Bathroom safety & Medical furniture devices
  • Mobility aids & Medical ambulatory devices

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

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Key Features of the Report

  • The elderly and disabled assistive devices market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The elderly and disabled assistive devices market size was valued at US$ 26,210 billion in 2023

The Elderly and Disabled Assistive Devices Market key players are Sunrise Medical LLC (U.S.), Sonova Holding AG (Germany), Ai Squared (U.S.), Blue Chip Medical (U.S.), Bausch & Lomb, Inc. (U.S.), GN Hearing (Denmark), Permobil AB (Permobil International AG) (Sweden), Siemens Healthneers (Germany), Wintriss Engineering Corporation (U.S.), Invacare Corporation (U.S.)

The elderly and disabled assistive devices market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Elderly and Disabled Assistive Devices Market Introduction 
2.1.Global Elderly and Disabled Assistive Devices Market  - Taxonomy
2.2.Global Elderly and Disabled Assistive Devices Market  - Definitions
2.2.1.Device Type
2.2.2.Technology
2.2.3.End User
2.2.4.Region
3. Global Elderly and Disabled Assistive Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID-19 on Market
4. Global Elderly and Disabled Assistive Devices Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Elderly and Disabled Assistive Devices Market  By Device Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Bathroom safety & Medical furniture devices
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Mobility aids & Medical ambulatory devices
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Elderly and Disabled Assistive Devices Market  By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Battery-powered assistive device
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Electrical assistive devices
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Human-powered assistive devices
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Software-based assistive devices
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7. Global Elderly and Disabled Assistive Devices Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Ambulatory surgical centres
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Homecare
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Elderly and Disabled Assistive Devices Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Elderly and Disabled Assistive Devices Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Device Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Bathroom safety & Medical furniture devices
9.1.2.Mobility aids & Medical ambulatory devices
9.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Battery powered assistive device
9.2.2.Electrical assistive devices
9.2.3.Human-powered assistive devices
9.2.4.Software-based assistive devices
9.2.5.Others
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Ambulatory surgical centres
9.3.3.Homecare
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Elderly and Disabled Assistive Devices Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Device Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Bathroom safety & Medical furniture devices
10.1.2.Mobility aids & Medical ambulatory devices
10.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Battery-powered assistive device
10.2.2.Electrical assistive devices
10.2.3.Human-powered assistive devices
10.2.4.Software-based assistive devices
10.2.5.Others
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Ambulatory surgical centres
10.3.3.Homecare
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Elderly and Disabled Assistive Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Device Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Bathroom safety & Medical furniture devices
11.1.2.Mobility aids & Medical ambulatory devices
11.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Battery powered assistive device
11.2.2.Electrical assistive devices
11.2.3.Human-powered assistive devices
11.2.4.Software-based assistive devices
11.2.5.Others
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Ambulatory surgical centres
11.3.3.Homecare
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Elderly and Disabled Assistive Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Device Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Bathroom safety & Medical furniture devices
12.1.2.Mobility aids & Medical ambulatory devices
12.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Battery powered assistive device
12.2.2.Electrical assistive devices
12.2.3.Human-powered assistive devices
12.2.4.Software-based assistive devices
12.2.5.Others
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Ambulatory surgical centres
12.3.3.Homecare
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Elderly and Disabled Assistive Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Device Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Bathroom safety & Medical furniture devices
13.1.2.Mobility aids & Medical ambulatory devices
13.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Battery powered assistive device
13.2.2.Electrical assistive devices
13.2.3.Human-powered assistive devices
13.2.4.Software-based assistive devices
13.2.5.Others
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Ambulatory surgical centres
13.3.3.Homecare
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Sunrise Medical LLC (U.S)
14.2.2.Sonova Holding AG (Germany)
14.2.3.Ai Squared (U.S)
14.2.4.Blue Chip Medical (U.S)
14.2.5.Bausch & Lomb, Inc. (U.S)
14.2.6.GN Hearing (Denmark)
14.2.7.Permobil AB (Permobil International AG) (Sweden)
14.2.8.Siemens Healthneers (Germany)
14.2.9.Wintriss Engineering Corporation (U.S)
14.2.10.Invacare Corporation (U.S)
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Sunrise Medical LLC (U.S)
  • Sonova Holding AG (Germany)
  • Ai Squared (U.S)
  • Blue Chip Medical (U.S)
  • Bausch & Lomb, Inc. (U.S)
  • GN Hearing (Denmark)
  • Permobil AB (Permobil International AG) (Sweden)
  • Siemens Healthneers (Germany)
  • Wintriss Engineering Corporation (U.S)
  • Invacare Corporation (U.S)

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