Sarasota, FL -- (SBWIRE) -- 04/24/2019 -- According to the report, global disabled and elderly assistive technology market was valued at approximately USD 18.70 billion in 2017 and is expected to generate revenue of around USD 30.82 billion by end of 2024, growing at a CAGR of around 7.40% between 2018 and 2024.

Devices which help to overcome impairments, cognitive difficulties, and disabilities in the geriatric & disabled population are provided by the assistive technologies. These technologies assist in independent living, reduce healthcare costs, and improve health outcomes. This market has witnessed tremendous development and has evolved both in terms of characteristics and performance.

DOWNLOAD FREE PDF BROCHURE @ http://bit.ly/2IRQZqX

The disabled and elderly assistive technology market is segmented on the basis of product into medical mobility aids and ambulatory devices, assistive furniture, bathroom safety and assistive products, communication aids, activity monitors, location monitors, and others. The medical mobility aids and ambulatory devices are further segmented into wheelchairs, scooters, crutches and canes, transfer lifts, walkers and rollators, and slings. The assistive furniture segment is divided into riser reclining chairs, beds, railings and bar, and door openers. The bathroom safety and assistive products are further segmented into commodes and shower chairs, ostomy products, and others. The communication aids segment is further bifurcated into speech and writing therapy, hearing aids, and vision & reading aids. Of which the communication aids segment accounted for a larger share of the market in 2017. This growth is attributed to the rise in disabled & geriatric populace requiring speech, vision, and hearing assistance and advancements in technology. The mobility assistance segment is likely to register a high CAGR in the forecast period.

Based on the end user, the disabled and elderly assistive technology market is segmented into hospitals and nursing homes, assisted living facilities, and home care. Of these, the home care segment accounted for a larger share of the market and is anticipated to generate higher revenue in the forecast period. This growth is mainly attributed due to the growth in demand for these assistive technologies in the home care setting to assist daily lifestyle activities.

Regionally, the market for disabled and elderly assistive technology is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. North America is the leading contributor for the disabled and elderly assistive technology market owing to the fact that numerous market players are based in the U.S. However Asia Pacific and LAMEA collectively are likely to account for about two-ninths share of the market in the forecast period owing to rising disposable incomes and the increase in government funding in these two regions.

Get FREE Sample Research Report @ http://bit.ly/2IUme4z

Some of the leading players in disabled and elderly assistive technology market include GN Resound Group, Drive Medical Design And Manufacturing, Freedom Scientific, Inc., Ai Squared, Blue Chip Medical Products, Inc., Bausch & Lomb, Inc., Permobil AB, Sonova Holding AG, William Demant Holding A/S, and Wintriss Engineering Corporation.

This report segments the global disabled and elderly assistive technology market as follows:

Global Disabled and Elderly Assistive Technology Market: Product Segment Analysis

Medical Mobility Aids and Ambulatory Devices
Wheelchairs
Scooters
Crutches & Canes
Transfer Lifts
Walkers & Rollators
Slings
Assistive Furniture
Beds
Riser Reclining Chairs
Railings & Bar
Door Openers
Bathroom Safety and Assistive Products
Commodes & Shower Chairs
Ostomy Products
Others
Communication Aids
Speech & Writing Therapy
Hearing Aids
Vision & Reading Aids
Activity Monitors
Location Monitors
Others

Global Disabled and Elderly Assistive Technology Market: End-User Segment Analysis

Hospitals & Nursing Homes
Assisted Living Facilities
Home Care

GET FREE PDF BROCHURE @ http://bit.ly/2IRQZqX

Global Disabled and Elderly Assistive Technology Market: Regional Segment Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

About Zion Market Research
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.