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Thursday, 15 Apr 2021 02:13 pm

Assistive Technology for Elderly Market to Undertake Strapping Growth by the End 2027 |  Pride Mobility Products Corporation, Siemens Ltd., Sonova Holding AG, Liberator Ltd., Inclusive Technology Ltd.

Assistive technology refers to the any instrument, equipment, and gadget that helps disabled or elderly population to improve the quality of their life. In case of elderly people, the assisted technology helps them to reduce the dependency on caretakers. Some of the majorly preferred assisted technologies includes GPS trackers, personal alarms, telecare systems, communication aids, visual & hearing assistance, and memory aids.

By SMN Bureau
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Aging population and Increasing prevalence of chronic conditions amongst elderly are prominently drive the growth of the Assistive Technology for Elder Market. Moreover, growing emphasis on utilization and adoption of modern technologies to ease their lives are also anticipated to offer lucrative opportunity for the market growth. However, high cost and reluctance of devices adoption in emerging countries is expected to hamper the market growth.

This report presents a comprehensive overview, market shares and growth opportunities of Assistive Technology for Elderly market by product type, application, key companies and key regions.

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Assistive Technology for Elderly Market Top Leading Vendors :-

  • AI Squared
  • Drive Medical
  • GN Resound Group
  • Invacare
  • Nordic Capital
  • Pride Mobility Products Corporation
  • Siemens Ltd.
  • Sonova Holding AG
  • Liberator Ltd.
  • Inclusive Technology Ltd.

The Assistive Technology for Elder Market is segmented on the basis of type and end user. On the basis of type, the market is segmented as living aids devices, mobility devices, medical furniture, and bathroom safety equipment. Living aids devices is further sub-segmented as hearing aids and visual aids. Based on mobility devices, the market is further sub-segmented as wheelchairs and mobility scooters. Medical furniture segment is further sub-segmented as medical beds, door openers, and others. Bathroom safety equipment segment is further sub-segmented as shower chairs, commodes, ostomy products, and others. Based on end user, the market segmented as hospital, home care settings, and old age homes.

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This report studies the Assistive Technology for Elderly market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the market by product type and applications/end industries. Global Assistive Technology for Elderly Industry is spread across 120 pages, profiling 08 companies and supported with tables and figures.

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