Global Disabled Assistive Devices Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 23.76 Billion |
 Market Size (Forecast Year) |
USD 37.59 Billion |
 CAGR |
% |
| Major Markets Players |
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Global Disabled Assistive Devices Market, By Product Type (Living Aids, Mobility Aids Devices, Medical Furniture, and Bathroom Safety Equipment), End User (Hospital, Home Care Setting, and Others) – Industry Trends and Forecast to 2031.
Disabled Assistive Devices Market Analysis and Size
The disabled assistive devices market is experiencing a surge fueled by the latest technological advancements. Innovations such as brain-computer interfaces, AI-driven prosthetics, and smart mobility aids are revolutionizing accessibility. With a growing emphasis on user-centric design and inclusive assistive technology devices for disabled, this market is poised for exponential growth. These advancements not only enhance independence for individuals with disabilities but also redefine societal perceptions towards inclusivity.
The global disabled assistive devices market size was valued at USD 23.76 billion in 2023, is projected to reach USD 37.59 billion by 2031, with a CAGR of 5.9% during the forecast period 2024 to 2031. This indicates that the market value. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric |
Details |
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Forecast Period |
2024 to 2031 |
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Base Year |
2023 |
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Historic Years |
2022 (Customizable to 2016-2021) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Product Type (Living Aids, Mobility Aids Devices, Medical Furniture, and Bathroom Safety Equipment), End User (Hospital, Home Care Setting, and Others) |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
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Market Players Covered |
Sunrise Medical (U.S.), Sonova (India), Freedom Scientific, Inc. (U.S.), Demant A/S (Denmark), Blue Chip Medical (U.S.), Medical Device Depot, Inc. (India), Starkey Laboratories, Inc. (U.S.), MED-EL Medical Electronics. (Austria), Permobil (U.S.), Midline Industries Inc. (U.S.), Nordic Capital (Sweden), Ottobock (Germany), Pride Mobility Products Corp. (U.S.), Cochlear Ltd. (Australia), Inclusive Technology Ltd (U.K.), Tobii Dynavox AB (U.S.), Bausch & Lomb Pvt Ltd. (U.S.), GN Store Nord A/S (India), Wintriss Engineering (U.S.), Siemens Healthcare Private Limited (Germany), and Invacare Corporation (U.S.) |
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Market Opportunities |
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Market Definition
Disabled assistive devices are tools designed to aid individuals with disabilities in performing daily tasks and improving their quality of life. These devices can range from simple adaptations such as canes and wheelchairs to advanced technologies such as speech recognition software and prosthetic limbs. They aim to enhance mobility, communication, independence, and accessibility for people with diverse needs and abilities.
Disabled Assistive Devices Market Dynamics
Drivers
- Increasing Telehealth and Remote Monitoring
The surge in telehealth and remote monitoring technologies is revolutionizing healthcare accessibility for people with disabilities. Through remote consultations and monitoring, individuals can access assistive device fitting, instructions, and support from anywhere, particularly benefiting underprivileged areas with limited healthcare resources. For instance, remote consultations via specialized apps enable wheelchair users to receive expert guidance on adjustments, enhancing their mobility and quality of life, thereby driving the assistive devices market forward.
- Growing Aging Population
The rising global population of elderly individuals is driving demand for assistive devices catering to mobility and sensory impairments. For instance, the increasing prevalence of age-related conditions such as arthritis fuels demand for mobility aids such as walking canes, rollators, and stair lifts. Similarly, the growth in conditions such as hearing loss stimulates the market for hearing aids and amplification devices, meeting the needs of seniors for improved quality of life and independence.
Opportunities
- Advancements in Technology
Technological progress in robotics, AI, and wearables has revolutionized the assistive devices market, offering unprecedented opportunities for enhanced independence and quality of life for individuals with disabilities. For instance, robotic exoskeletons such as Ekso Bionics' EksoGT enable paraplegics to walk, empowering mobility. Similarly, AI-powered smart glasses such as OrCam MyEye interpret visual information for the visually impaired, expanding access to the world around them. These innovations signify a profound shift towards more inclusive and empowering solutions.
- Rising Education and Awareness Programs
Education and awareness programs promoting inclusion have opened up opportunities in the market for assistive devices. For instance, school programs emphasizing accessibility have led to increased demand for tools such as screen readers and adaptive software, facilitating learning for students with visual impairments. Similarly, workplace initiatives promoting accommodation have driven the need for ergonomic desks and voice recognition software, fostering a more inclusive environment for employees with disabilities, thereby expanding the market for such devices.
Restraints/Challenges
- Limited Funding and Resources
Limited funding and resources hinder the research, development, and production of assistive devices, especially in low-resource environments. This constraint restricts innovation and affordability, exacerbating the exclusion of individuals who require these technologies, further stifling market growth.
- Lack of Skilled Professionals
The shortage of skilled healthcare professionals, such as occupational therapists, physiotherapists, and prosthetists, hampers the accessibility of expert assessments, fittings, and ongoing support for assistive device users in numerous regions. This scarcity impedes market growth by restricting the availability of crucial services required for effective adoption and utilization of assistive equipment.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In June 2021, Demant A/S unveiled plans for a new facility, aimed at bolstering the production and regionalized distribution of hearing aids, marking a strategic move to meet growing demand and enhance accessibility for users
- In August 2022, GF Health Products Inc. debuted the Pure Tilt-in-space wheelchair, prioritizing comfort and safety, reflecting a commitment to innovation in mobility solutions and improving quality of life for users
- In April 2020, GN Hearing A/S launched ReSound Assist Live, a groundbreaking telehealth solution granting at-home access to hearing aids and personalized care, revolutionizing the hearing healthcare landscape with convenient remote services and support
Disabled Assistive Devices Market Scope
The market is segmented on the basis of product type, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Living Aids
- Mobility Aids Devices
- Medical Furniture
- Bathroom Safety Equipment
End User
- Hospital
- Home Care Setting
- Others
Disabled Assistive Devices Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by country, product type, and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is witnessing remarkable expansion in the disabled assistive devices market, attributed to the growing healthcare infrastructure in the region. With increasing investments in healthcare facilities, demand for assistive technologies is soaring, facilitating enhanced accessibility and quality of life for individuals with disabilities across diverse sectors.
North America is expected to dominate the disabled assistive devices market due to increasing demand, a rising aging population, and government emphasis on patient safety. These factors drive innovation and adoption of assistive technologies, ensuring accessibility and quality of life for individuals with disabilities.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the market. The data is available for historic period 2016-2021.
Competitive Landscape and Disabled Assistive Devices Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Sunrise Medical (U.S.)
- Sonova (India)
- Freedom Scientific, Inc. (U.S.)
- Demant A/S (Denmark)
- Blue Chip Medical (U.S.)
- Medical Device Depot, Inc. (India)
- Starkey Laboratories, Inc. (U.S.)
- MED-EL Medical Electronics. (Austria)
- Permobil (U.S.)
- Midline Industries Inc. (U.S.)
- Nordic Capital (Sweden)
- Ottobock (Germany)
- Pride Mobility Products Corp. (U.S.)
- Cochlear Ltd. (Australia)
- Inclusive Technology Ltd (U.K.)
- Tobii Dynavox AB (U.S.)
- Bausch & Lomb Pvt Ltd. (U.S.)
- GN Store Nord A/S (India)
- Wintriss Engineering (U.S.)
- Siemens Healthcare Private Limited (Germany)
- Invacare Corporation (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
