ReleaseWire

Orthopedic Injuries Drive Global Assistive Devices for Special Needs Market

Posted: Tuesday, November 06, 2018 at 12:21 AM CST

Albany, NY -- (SBWire) -- 11/06/2018 --A recent report by ResearchMoz.us, titled, "Assistive Devices for Special Needs: Technologies and Global Markets," discusses every facet of the market. Those range from tailwinds and headwinds molding its trajectory to various application, underpinning technology, and product segments, to the competitive dynamics. To do so, the report examines the various macro-fundamentals and industry-specific factors shaping the trajectory of the market and also historical and current figures. The report also throws light on the size of the global assistive devices for special needs market.

At the outset, the report provides a brief description of the products. It states that assistive devices help disabled persons to maintain their day to day activities. It enables them to work smoothly at home and office and also navigate public thoroughfares and other places. The global assistive devices for special needs market is set to rise owing to a number of factors. Foremost among them is the growing occurrence of orthopedic injuries and a large pool of elderly who are susceptible to various malfunctioning of body parts or accidents. The global assistive devices for special needs market is also being stoked by the increasing instances of chronic diseases such as diabetes which sometimes requires amputation of limbs, obesity, and road accidents.

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In order to grow sales, astute players in the global assistive devices for special needs market are seen expending money on cutting-edge research and development of more evolved products. Those have better features and functionalities. Rising awareness about the same is benefitting the revenue growth in the market.

Having thrown light on the different factors serving to promote the global assistive devices for special needs market, the report goes onto segment it based on different parameters. For example, based on the type of products, it classifies the assistive devices special needs market into computer assistive devices, hearing aids, crutches, wheelchairs, canes, walkers, prosthetic devices, orthotic devices, sensory impairment devices, smart scooters, screen readers, screen enlargers, lift vests, and voice recognition devices.

The report finds that currently the sensory impairment devices account for most of the share in the global assistive devices for special needs market. This is because of the higher occurrence of sensory disabilities. Apart from the sensory impairment devices, the workplace adaptive devices are also predicted to see substantial sales in the near future.

From a geographical standpoint, the global assistive devices for special needs market is being boosted primarily by North America market. It is powered by the U.S. with a developed healthcare network and high healthcare spends by people. Supportive reimbursement policies to are playing a key role too in promoting sales in the region. Presence of several key players has also bode well for its market.

Prominent participants in the global assistive devices for special needs market include Algorithmic Implementations, Inc., Bay Advanced Technologies LLC, Dolphin Computer Access Ltd., Duxbury Systems, Inc., and Essilor International S.A.