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Elderly And Disabled Assistive Devices Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2013 - 2019 Product Image

Elderly And Disabled Assistive Devices Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2013 - 2019

  • ID: 2673259
  • October 2013
  • Region: Global
  • 120 Pages
  • Transparency Market Research

FEATURED COMPANIES

  • Ai Squared
  • Bausch & Lomb, Inc
  • Freedom Scientific, Inc
  • GN Resound Group
  • Invacare Corporation
  • Permobil AB
  • MORE

'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'

Elderly and disabled assistive devices comprise all devices that are utilized for movement, listening, reading and other day to day activities of life for those who are not self-dependent and are in need of support. The overall elderly and disabled assistive devices market is segmented into medical mobility aids and ambulatory devices; medical furniture and bathroom safety products; vision and reading aids; and hearing aids.

Each segment has been further classified into various sub-segments based on the types of products. Medical mobility aids and ambulatory devices include wheelchairs, medical scooters, cranes and crutches, door openers, walkers and rollators and transfer lifts. Medical furniture and bathroom safety products include medical beds, commodes and showers chairs, ostomy products and bars and railings. Vision and reading aids include Braille translators, reading machines and video magnifiers. READ MORE >

FEATURED COMPANIES

  • Ai Squared
  • Bausch & Lomb, Inc
  • Freedom Scientific, Inc
  • GN Resound Group
  • Invacare Corporation
  • Permobil AB
  • MORE

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)

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, 2011-2019 (USD Million)
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, 2011-2019 (USD Million)
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.
8.2.1 Company Overview
8.2.2 Product Portfolio
8.2.3 Business Strategies
8.2.4 Recent Developments
8.3 Blue Chip Medical Products Inc.
8.3.1 Company Overview
8.3.2 Product Portfolio
8.4 Drive Medical Design And Manufacturing
8.4.1 Company Overview
8.4.2 Product Portfolio
8.4.3 Business Strategies
8.4.4 Recent Developments
8.5 Freedom Scientific, Inc.
8.5.1 Company Overview
8.5.2 Product Portfolio
8.5.3 Recent Developments
8.6 GN Resound Group
8.6.1 Company Overview
8.6.2 Financial Overview
8.6.3 Product Portfolio
8.6.4 Business Strategies
8.6.5 Recent Developments
8.7 Invacare Corporation
8.7.1 Company Overview
8.7.2 Financial Overview
8.7.3 Product Portfolio
8.7.4 Business Strategies
8.8 Permobil AB
8.8.1 Company Overview
8.8.2 Product Portfolio
8.8.3 Business Strategies
8.8.4 Recent Developments
8.9 Siemens Healthcare
8.9.1 Company Overview
8.9.2 Financial Overview
8.9.3 Product Portfolio
8.9.4 Business Strategies
8.9.5 Recent Developments
8.10 Sonova Holding AG
8.10.1 Company Overview
8.10.2 Financial Overview
8.10.3 Product Portfolio
8.10.4 Business Strategies
8.10.5 Recent Developments
8.11 Sunrise Medical LLC
8.11.1 Company Overview
8.11.2 Product Portfolio
8.11.3 Business Strategies
8.11.4 Recent Developments
8.12 William Demant Holding A/S
8.12.1 Company Overview
8.12.2 Financial Overview
8.12.3 Product Portfolio
8.12.4 Business Strategies
8.12.5 Recent Developments
8.13 Wintriss Engineering Corporation
8.13.1 Company Overview
8.13.2 Product Portfolio
8.13.3 Recent Developments

List of Figures

FIG. 1 Market Segmentation: Global Elderly and Disabled Assistive Devices Market
FIG. 2 Global Elderly and Disabled Assistive Devices Market, By Type, 2012 (USD Million)
FIG. 3 Global Rate of Aging Population
FIG. 4 Global Percentage Change in the World’s Population By Age: 2010-2050
FIG. 5 Porter’s Five Force Analysis: Global Elderly and Disabled Assistive Devices Market
FIG. 6 Market Attractiveness Analysis: Global Elderly and Disabled Assistive Devices Market, By Geography (2012)
FIG. 7 Comparative Analysis: Elderly and Disabled Assistive Devices Market, By Type, 2012 & 2019 (Value %)
FIG. 8 Global Wheelchairs Market Revenue, 2011 – 2019 (USD Million)
FIG. 9 Global Mobility Scooters Market Revenue, 2011 – 2019 (USD Million)
FIG. 10 Global Cranes and Crutches Market Revenue, 2011 – 2019 (USD Million)
FIG. 11 Global Walkers and Rollators Market Revenue, 2011 – 2019 (USD Million)
FIG. 12 Global Transfer Lifts Market Revenue, 2011 – 2019 (USD Million)
FIG. 13 Global Door Openers Market Revenue, 2011 – 2019 (USD Million)
FIG. 14 Global Other Mobility Aids & Ambulatory Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 15 Global Medical Beds Market Revenue, 2011 – 2019 (USD Million)
FIG. 16 Global Commodes and Shower Chairs Market Revenue, 2011 – 2019 (USD Million)
FIG. 17 Global Ostomy Products Market Revenue, 2011 – 2019 (USD Million)
FIG. 18 Global Bars and Railings Market Revenue, 2011 – 2019 (USD Million)
FIG. 19 Global Other Medical Furniture and Bathroom Safety Products Market Revenue, 2011 – 2019 (USD Million)
FIG. 20 Global Behind-The-Ear Aids Market Revenue, 2011 – 2019 (USD Million)
FIG. 21 Global Receiver-In–The-Ear Aids Market Revenue, 2011 – 2019 (USD Million)
FIG. 22 Global In-The-Ear Aids Market Revenue, 2011 – 2019 (USD Million)
FIG. 23 Global Canal Hearing Aids Market Revenue, 2011 – 2019 (USD Million)
FIG. 24 Global Bone Anchored Hearing Aids Market Revenue, 2011 – 2019 (USD Million)
FIG. 25 Global Cochlear Implants Market Revenue, 2011 – 2019 (USD Million)
FIG. 26 Global Braille Translators Market Revenue, 2011 – 2019 (USD Million)
FIG. 27 Global Video Magnifiers Market Revenue, 2011 – 2019 (USD Million)
FIG. 28 Global Reading Machines Market Revenue, 2011 – 2019 (USD Million)
FIG. 29 Global Other Vision & Reading Aids Market Revenue, 2011 – 2019 (USD Million)
FIG. 30 Comparative Analysis: Global Elderly and Disabled Assistive Devices Market, By Geography, 2012 & 2019 (Value %)
FIG. 31 North America Elderly and Disabled Assistive Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 32 Europe Elderly and Disabled Assistive Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 33 Asia-Pacific Elderly and Disabled Assistive Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 34 Row Elderly and Disabled Assistive Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 35 Market Share By Key Players, 2012 (%)
FIG. 36 GN Resound Group: Annual Revenue, 2010 – 2012 (USD Million) (Conversion Rate: 1DKK = 0.18 USD)
FIG. 37 Invacare Corporation: Annual Revenue, 2010 – 2012 (USD Billion)
FIG. 38 Siemens Healthcare: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 39 Sonova Holding AG: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 40 William Demant Holding A/S: Annual Revenue, 2010 – 2012 (USD Million)

List of Tables

TABLE 1 Market Snapshot: Global Elderly and Disabled Assistive Devices Market
TABLE 2 Grant Amount (USD) Per Individual, By the U.K. Government, By Country, 2012
TABLE 3 Global Elderly And Disabled Assistive Devices Market Revenue, By Type, 2011 – 2019 (USD Million)
TABLE 4 Global Medical Mobility Aids and Ambulatory Devices Market Revenue, By Type, 2011 – 2019 (USD Million)
TABLE 5 Global Medical Furniture and Bathroom Safety Products Market Revenue, By Type, 2011 – 2019 (USD Million)
TABLE 6 Global Hearing Aids Market Revenue, By Type, 2011 – 2019 (USD Million)
TABLE 7 Global Vision and Reading Aids Market Revenue, By Type, 2011 – 2019 (USD Million)
TABLE 8 Global Elderly and Disabled Assistive Devices Market Revenue, By Geography, 2011 – 2019 (USD Million)
TABLE 9 Europe Geriatric Population Statistics (Million), 1991 - 2011
TABLE 10 U.K. Healthcare Expenditure (USD Million), 2001 - 2011
TABLE 11 Asia Geriatric Population Statistics in Million, 2000 - 2025

FEATURED COMPANIES

  • Ai Squared
  • Bausch & Lomb, Inc
  • Freedom Scientific, Inc
  • GN Resound Group
  • Invacare Corporation
  • Permobil AB
  • MORE

The rise in technological advancements has significantly revolutionized the market for elderly and disabled devices. For instance the introduction of powered wheelchairs in the market has eased the life of patients by reducing the time and energy required in operating it manually. In addition, cochlear implants have also reduced the need for wearing hearing aids externally. These technologically advanced products are gaining acceptance among the target population hence, demand for the same is increasing. The market is expected to grow at a CAGR of 6.9% from 2013 to 2019 to reach an estimated value of USD 19,684.9 million in 2019. This growth is attributed to rise in geriatric and disabled population, increasing government funding and introduction of technologically advanced products such as implants, powered wheelchairs, transfer lifts, portable reading machines and sensor based door openers.

Hearing aids accounted for the major share in the market of elderly and disabled assistive devices in 2012. This is due to the large population suffering from hearing impairments and mobility problems. According to World Health Organization (WHO), around 5% of total world population suffers from hearing loss annually. In addition, U.S. National Institute of Deafness and Other Communication Disorders (NIDCD) stated that the risk of hearing loss in elderly population increases by 10%. Around 524 million people globally belonged to geriatric segment in 2010 and it has been estimated that it will reach around 2,000 million in 2050. This increasing geriatric population will boost the growth of assistive devices significantly. The market for medical mobility aids and ambulatory devices, which is the second largest market segment, is expected to show the highest growth during the forecast period.

Geographically, the North American region constituted the largest market share for elderly and assistive devices in 2012. However, Asia-Pacific is predicted to foresee the highest growth rate from 2013 to 2019 at a CAGR of over 6%. This growth can be attributed due to increase in government funding, a large elderly and disabled population and rising disposable incomes. It is estimated that Asia-Pacific will show tremendous increase in geriatric and disabled population due to increasing life expectancy and improvement in healthcare facilities. Around 456,303 million people will be aged above 65 years by 2025 in Asia-Pacific. Intensive R&D for developing products with better features will also boost the growth of this market. For instance, the China Rehabilitation Research Center (CRRC) was formed in 1988 by the Chinese and Japanese governments together for R&D in this field.

The elderly and disabled assistive devices market is dominated by few players namely Sonova Holding AG, William Demant Holding A/S, Invacare Corporation, Sunrise Medical LLC, GN ReSound Group and Ai Squared. These companies accounted for more than 50% of the total market. The companies adopt various business strategies such as acquisitions and mergers to expand their geographic presence as well as product portfolios. For instance, in 2011, Invacare Corporation acquired U.S. based Dynamic Medical Systems to establish a strong presence in western U.S.

- Ai Squared
- Bausch & Lomb, Inc
- Blue Chip Medical Products Inc
- Drive Medical Design And Manufacturing
- Freedom Scientific, Inc
- GN Resound Group
- Invacare Corporation
- Permobil AB
- Siemens Healthcare
- Sonova Holding AG
- Sunrise Medical LLC
- William Demant Holding A/S
- Wintriss Engineering Corporation

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