Elderly and Disabled Assistive Devices Market is Expected to Reach USD 19.68 Billion Globally in 2019: Transparency Market Research

REPORT DESCRIPTION
Elderly and Disabled Assistive Devices Market is Expected to Reach USD 19.68
Billion Globally in 2019: Transparency Market Research
Transparency Market Research is Published new Market Report “ Elderly and Disabled
Assistive Devices Market (Medical Mobility Aids and Ambulatory Devices, Medical
Furniture and Bathroom Safety Products, Hearing Aids and Vision & Reading Aids)
- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 -
2019," the global elderly and disabled assistive devices market was valued atUSD 12.37
billion in 2012 and is expected to grow at a CAGR of 6.9% from 2013 to 2019, to reach an
estimated value of USD 19.68 billion in 2019.
The devices that assist the elderly and disabled population patients in their day-to-day
activities such as movement, listening and reading are termed as elderly and disabled
assistive devices. These devices are both simple and complex in design.
Transparency Market Research
Elderly and Disabled
Assistive Devices Market -
Global Industry Analysis,
Size, Share, Growth,
Trends and Forecast, 2013
– 2019
Single User License: US $ 4795
Multi User License: US $ 7795
Corporate User License: US $ 10795
Buy Now
Request Sample
Published Date: Oct 2013
107 Pages Report

Devices such as wheelchairs, cranes, crutches and scooters are simple in design, while
hearing aids, reading machines and transfer lifts represent design complexity. The market
for these devices can be broadly categorized into medical mobility aids and ambulatory
devices, medical furniture and bathroom safety products, vision and reading aids, and
hearing aids. The global market for elderly and disabled assistive devices is expected to
record a CAGR of 6.9% during the forecast period of 2013 to 2019.
This growth is attributed to the increase in government support and initiatives to ensure
availability of these devices for a large consumer population. For instance, the governments
of various nations such the U.S., U.K. and Switzerland provide grants to disabled people for
purchasing assistive devices, whereas, the Canadian government allows disabled persons to
pay little or no tax. A rise in global geriatric and disabled population will also support the
growth of this market. It is estimated that the global elderly population will grow to reach a
count of around 2,000 million by 2050. The growth of this market may, however, be
negatively affected due to high cost of products such as bone anchored hearing aids (BAHA)
that cost around USD 10,000. Presently, very few medical insurers reimburse these
assistive devices, which will also hinder the growth of this market.
The hearing aids market accounted for the largest share of the total market in 2012, in
terms of revenue. This is due to a large number of people suffering from hearing
impairments globally, and introduction of technologically advanced products such as
cochlear implants and BAHA. However, the medical mobility aids and ambulatory devices
market is expected to show the highest growth due to the rising geriatric population and
increasing government support in the form of grants and subsidies for the purchase of
mobility devices. The market for medical mobility aids and ambulatory devices is expected
to grow at a CAGR of over 8% from 2013 to 2019.
Geographically, North America is expected to be the largest regional market since most of
the major manufacturers of these devices are based in the U.S. In addition, high disposable
incomes and a favorable reimbursement scenario will also support the growth of this
market. The Asia-Pacificregion is expected to witness the highest growth at a CAGR of
8.1%, owing to the increasing government support and rise in geriatric population
significantly.
The key players in the global elderly and disabled assistive devices market include Sonova
Holding AG, William Demant Holding A/S, Invacare Corporation, Sunrise Medical LLC, GN
ReSound Group, Ai Squared, Drive Medical Design and Manufacturing, and Starkey Hearing
Technologies. The market is highly fragmented, with a few key players catering to different
segments of the market. For instance, Sonova Holding and William Demant Holding lead the
hearing aids segment, whereas, Invacare Corporation and Sunrise Medical LLC lead the
medical mobility aids and ambulatory devices market segment.
The global elderly and disabled assistive devices market has been segmented as below:

Elderly and Disabled Assistive Devices Market, by Types
 Medical Mobility Aids and Ambulatory Devices
o Wheelchairs
o Mobility Scooters
o Cranes and Crutches
o Walkers and Rollators
o Transfer Lifts
o Door Openers
o Others (Cushions, Pillow and Back Support)
 Medical Furniture and Bathroom Safety Products
o Medical Beds
o Commodes & Showers Chairs
o Ostomy Products
o Bars and Railings
o Others (Bath lifts and Pool Lifts)
 Hearing Aids
o Receiver-in-the-Ear (RITE) Aids
o Behind-the-Ear (BTE) Aids
o In-the-Ear (ITE) Aids
o Canal Hearing Aids
o Bone Anchored Hearing Aids (BAHA)
o Cochlear Implants
 Vision and Reading Aids
o Video Magnifiers
o Braille Translators

o Reading Machines
o Others (Books and Kitchen Appliances)
Elderly and Disabled Assistive Devices Market, by Geography
 North America
 Europe
 Asia-Pacific
 Rest of the World (RoW)
Browse the full report with Complte TOC
at http://www.transparencymarketresearch.com/elderly-disabled-assistive-
devices.html
TABLE OF CONTENTS
Chapter 1 Introduction
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Sources
1.3.1.1 Secondary Research
1.3.1.2 Primary Research
1.3.2 Models
1.3.3 Assumptions
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Introduction
3.2 Drivers

3.2.1 Increase In Geriatric and Disabled Population Worldwide
3.2.1.1 Global Rate of Aging Population
3.2.1.2 Global Percentage Change in the World’s Population By Age: 2010-2050
3.2.2 Government Regulations And Grants
3.2.2.1 Grant Amount (USD) Per Individual, By the U.K. Government, By
Country, 2012
3.2.3 Technological Advancements
3.2.4 Impact Analysis of Drivers
3.3 Restraints
3.3.1 High Product Pricing
3.3.2 Low Acceptance Levels for Some Products
3.3.3 Impact Analysis of Restraints
3.4 Opportunity
3.4.1 Increase in Initiatives By Governments and Private Bodies to Provide Better
Healthcare Services
3.5 Porter’s Five Force Analysis for the Global Elderly and Disabled Assistive Devices Market
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Buyers
3.5.3 Threat of Substitutes
3.5.4 Threat of New Entrants
3.5.5 Competitive Rivalry
3.6 Market Attractiveness Analysis: Global Elderly and Disabled Assistive Devices Market, By
Geography (2012)
Related & Recently Published Reports by Transparency Market Research
Clinical Laboratory Services
Market: http://www.transparencymarketresearch.com/clinical-laboratory-
services-market.html

Metal Cans Market for
Foods: http://www.transparencymarketresearch.com/metal-cans-market.html
Home Automation Market: http://www.transparencymarketresearch.com/home-
automation-market.html
Medical Tourism Market: http://www.transparencymarketresearch.com/medical-
tourism.html
Anesthesia and Respiratory Devices
Market: http://www.transparencymarketresearch.com/anesthesia-respiratory-
devices.html
Chapter 4 Global Elderly and Disabled Assistive Devices Market, By Product Type
4.1 Overview
4.1.1 Global Elderly and Disabled Assistive Devices Market Revenue, By Type, 2011-
2019 (USD Million)
4.1.2 Comparative Analysis: Elderly and Disabled Assistive Devices Market, By Type,
2012 & 2019 (Value %)
4.2 Medical Mobility Aids and Ambulatory Devices
4.2.1 Global Medical Mobility Aids and Ambulatory Devices Market Revenue, By Type,
2011-2019 (USD Million)
4.2.2 Wheelchairs
4.2.2.1 Global Wheelchairs Market Revenue, 2011-2019 (USD Million)
4.2.3 Mobility Scooters
4.2.3.1 Global Mobility Scooters Market Revenue, 2011-2019 (USD Million)
4.2.4 Cranes And Crutches
4.2.4.1 Global Cranes and Crutches Market Revenue, 2011-2019 (USD Million)
4.2.5 Walkers And Rollators
4.2.5.1 Global Walkers and Rollators Market Revenue, 2011-2019 (USD Million)
4.2.6 Transfer Lifts
4.2.6.1 Global Transfer Lifts Market Revenue, 2011-2019 (USD Million)
4.2.7 Door Openers

4.2.7.1 Global Door Openers Market Revenue, 2011-2019 (USD Million)
4.2.8 Others
4.2.8.1 Global Other Mobility Aids & Ambulatory Devices Market Revenue, 2011-
2019 (USD Million)
4.3 Medical Furniture and Bathroom Safety Products
4.3.1 Global Medical Furniture And Bathroom Safety Products Market Revenue, By Type,
4.3.2 Medical Beds
4.3.2.1 Global Medical Beds Market Revenue, 2011-2019 (USD Million)
4.3.3 Commodes And Shower Chairs
4.3.3.1 Global Commodes and Shower Chairs Market Revenue, 2011-2019 (USD
Million)
4.3.4 Ostomy Products
4.3.4.1 Global Ostomy Products Market Revenue, 2011-2019 (USD Million)
4.3.5 Bars And Railings
4.3.5.1 Global Bars and Railings Market Revenue, 2011-2019 (USD Million)
4.3.6 Others
4.3.6.1 Global Other Medical Furniture and Bathroom Safety Products Market
Revenue, 2011-2019 (USD Million)
4.4 Hearing Aids
4.4.1 Global Hearing Aids Market Revenue, By Type, 2011-2019 (USD Million)
4.4.2 Behind-The-Ear Aids
4.4.2.1 Global Behind-The-Ear Aids Market Revenue, 2011-2019 (USD Million)
4.4.3 Receiver-In-The-Ear Aids
4.4.3.1 Global Receiver-In-The-Ear Aids Market Revenue, 2011-2019 (USD
Million)
4.4.4 In-The-Ear Aids

4.4.4.1 Global In-The-Ear Aids Market Revenue, 2011-2019 (USD Million)
4.4.5 Canal Hearing Aids
4.4.5.1 Global Canal Hearing Aids Market Revenue, 2011-2019 (USD Million)
4.4.6 Bone Anchored Hearing Aids
4.4.6.1 Global Bone Anchored Hearing Aids Market Revenue, 2011-2019 (USD
Million)
4.4.7 Cochlear Implants
4.4.7.1 Global Cochlear Implants Market Revenue, 2011-2019 (USD Million)
4.5 Vision and Reading Aids
4.5.1 Global Vision and Reading Aids Market Revenue, By Type, 2011-2019 (USD
Million)
4.5.2 Braille Translators
4.5.2.1 Global Braille Translators Market Revenue, 2011-2019 (USD Million)
4.5.3 Video Magnifier
4.5.3.1 Global Video Magnifiers Market Revenue, 2011-2019 (USD Million)
4.5.4 Reading Machines
4.5.4.1 Global Reading Machines Market Revenue, 2011-2019 (USD Million)
4.5.5 Others
4.5.5.1 Global Other Vision & Reading Aids Market Revenue, 2011-2019 (USD
Million)
Chapter 5 Global Elderly and Disabled Assistive Devices Market, By Geography
5.1 Overview
5.1.1 Global Elderly and Disabled Assistive Devices Market Revenue, By Geography,
5.1.2 Comparative Analysis: Global Elderly and Disabled Assistive Devices Market, By
Geography, 2012 & 2019 (Value %)

5.2 North America
5.2.1 North America Elderly and Disabled Assistive Devices Market Revenue, 2011-2019
(USD Million)
5.3 Europe
5.3.1 Europe Geriatric Population Statistics (Million), 1991-2011
5.3.2 U.K. Healthcare Expenditure (USD Million), 2001-2011
5.3.3 Europe Elderly And Disabled Assistive Devices Market Revenue, 2011-2019 (USD
Million)
5.4 Asia-Pacific
5.4.1 Asia Geriatric Population Statistics in Million, 2000-2025
5.4.2 Asia-Pacific Elderly and Disabled Assistive Devices Market Revenue, 2011-2019
(USD Million)
5.5 Rest Of The World (Row)
5.5.1 Row Elderly and Disabled Assistive Devices Market Revenue, 2011-2019 (USD
Million)
Chapter 6 Competitive Landscape
6.1 Market Share By Key Players, 2012 (%)
Chapter 7 Recommendations
7.1 Rigorous Research And Development Initiatives
7.2 Emergence of New Technologies
7.3 Broadening of Distribution Network
7.4 Investing in Emerging Markets
Chapter 8 Company Profiles
8.1 Ai Squared

8.1.1 Company Overview
8.1.2 Product Portfolio
8.1.3 Business Strategies
8.1.4 Recent Developments
8.2 Bausch & Lomb, Inc.
8.3 Blue Chip Medical Products Inc.
8.4 Drive Medical Design And Manufacturing
8.5 Freedom Scientific, Inc.
8.6 GN Resound Group
8.6.2 Financial Overview

devices.html
8.7 Invacare Corporation
8.8 Permobil AB
8.9 Siemens Healthcare
8.10 Sonova Holding AG

8.11 Sunrise Medical LLC
8.12 William Demant Holding A/S
8.13 Wintriss Engineering Corporation
About Us:
Transparency Market Research is a market intelligence company providing global business
information reports and services. Our exclusive blend of quantitative forecasting and trends
analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants,
who use proprietary data sources and various tools and techniques to gather, and analyze
information. Our business offerings represent the latest and the most reliable information
indispensable for businesses to sustain a competitive edge.

Contact:
Transparency Market Research
90 State Street,
Suite 700, Albany,NY – 12207,
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
devices.html

Elderly and Disabled Assistive Devices Market is Expected to Reach USD 19.68 Billion Globally in 2019: Transparency Market Research

Recomendados

Recomendados

Mais conteúdo relacionado

Último

Último (20)

Destaque

Destaque (20)

Elderly and Disabled Assistive Devices Market is Expected to Reach USD 19.68 Billion Globally in 2019: Transparency Market Research