Stratview Research published a new report on the Disabled and Elderly Assistive Technologies Market that offers detailed segmentation of the market By Product (Medical Mobility Aids and Ambulatory Devices, Assistive Furniture, Bathroom Safety, and Assistive Products, Communication Aids, Activity Monitors, Location Monitors, Others), End-User (Hospitals, Elderly Nursing Homes, Homecare, Others), and Region.
According to the report, The Disabled and Elderly Assistive Technologies market is projected to grow from USD 29.7 billion in 2020 to USD 45.9 billion by 2026 at a CAGR of around 7.7% during the forecast period.
The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.
Covid Impact –
The Corona Virus Pandemic has caused significant losses in nearly every industry all over the world. The pandemic has had a rapid impact on the global economy, affecting the market's manufacturing, demand, and distribution network. The Disabled and Elderly Assistive Technologies Market has also been influenced by the unprecedented COVID-19 outbreak. The market analysts have thoroughly examined the market and gathered insightful data related to covid impact such as before and after market size, regional impact, financial losses, organic and inorganic growth factors, etc.
Leading players in the market -
To build a successful business, it is vital to understanding the market - both the customers and the competitors. The report published consists of a list of key players active in the Disabled and Elderly Assistive Technologies Market, is given below -
- Blue Chip Medical Products (US)
- Inclusive Technology (UK)
- Liberator (US)
- Permobil (US)
- Exact Dynamics B.V. (Netherlands)
- DynaVox (US)
- Jabbla (Belgium)
- Bausch + Lomb (US)
- Medline Industries, Inc. (US)
- Whirlpool Corporation (US).
Report Findings
By end-user, the disabled and elderly assistive technologies market has been bifurcated into hospitals, elderly nursing homes, home care, and others. Under these, the hospitals' segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the presence of required healthcare infrastructure and skilled healthcare staff. The product demand is expected to increase substantially in the elderly nursing homes segment.
By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to expanding geriatric populace and the presence of key market players such as Blue Chip Medical Products (US) and Liberator (US). The market growth in the Asia-Pacific region is expected to be driven by rising product adoption in developing countries, particularly China and India.
FAQs in the report -
The research report aims to help the users learn about their market size and potential to connect with customers. This report answers to the following questions:
- How big is the potential Disabled and Elderly Assistive Technologies Market?
- Will this market grow or shrink in the future?
- Who are our top competitors or key players?
- What market share do the competitors own?
- How Covid19 has affected the market?
- How long will it take to recover from the Covid-impact?
Get a free sample report here: https://www.stratviewresearch.com/Request-Sample/2414/Disabled-and-Elderly-Assistive-Technologies-Market.html#form
About us –
Stratview Research is a global market research firm that offers reliable market reports, market entry strategies, growth consulting, and even more. The market experts compile high quality market details to help users obtain granular level clarity on current business trends and expected future developments.
Stratview Research also offer customisation of the reports. Reach out to the analysts to customize the given report according to your priority/requirement.
Connect with the team at –
Call @: +1-313-307-4176
Mail Us : [email protected]
