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Elderly and Disabled Assistive Devices Market Rising at a CAGR of More Than 9.0% During 2018-2025: Sonova Holding, William Demant, Invacare

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Los Angeles, CA -- (SBWIRE) -- 04/13/2019 -- 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."

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.

The global Elderly and Disabled Assistive Devices market was 17800 million US$ in 2018 and is expected to 32400 million US$ by the end of 2025, growing at a CAGR of 9.0% between 2019 and 2025.

This report studies the Elderly and Disabled Assistive Devices market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Elderly and Disabled Assistive Devices in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Sonova Holding

William Demant

Invacare

Ottobock

Starkey

GN ReSound

Sivantos

Cochlear

Widex

Sunrise Medical

Permobil Corp

MED-EL

Pride Mobility

By the product type, the market is primarily split into

HA

MMA&AD

V&RA

MF&BSP

By the end users/application, this report covers the following segments

For Elderly

For Disabled

Others

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