The key companies profiled in this report are Sunrise Medical LLC, Sonova Holding AG, Ai Squared, Blue Chip Medical Products, Inc., Bausch & Lomb, Inc., GN Resound Group, Permobil AB, Wintriss Engineering Corporation, Siemens Healthcare, Invacare Corporation and others. Technological advancement is the key strategy adopted by the companies.The global elderly and disabled assistive devices market is segmented by product type and geography. Based on products, the market is segmented into medical furniture & bathroom safety products and medical ambulatory & mobility aids devices. Medical ambulatory and mobility aids devices market has shown the highest growth rate due to rising incidences of limb immobility and geriatric population. The geography market is segmented into various regions such as North America, Europe, Asia Pacific and LAMEA. North America has the largest market share due to the high disposable income and beneficial reimbursement scenario. The Asia-Pacific region witnesses the highest CAGR due to the rising support of the governments and increasing incidences of geriatric population.
KEY BENEFITS
The analysis provides a wider view of the factors driving and limiting the growth of the market including market trends, market structure and others
Deep dive analysis of segments such as product types and geographies provide insights that would allow companies to gain competitive edge
In-depth analysis of the types of products used in the elderly and disabled assistive devices market would help in identifying the future applications in this market
The analysis assists in understanding the strategies adopted by the companies for the growth of this market
KEY DELIVERABLES
The market is segmented into types and geographies as follows:
BY TYPES
MEDICAL FURNITURE AND BATHROOM SAFETY PRODUCTS:
Hearing Aids
BTE (Behind-the-ear) Aids
RITE (Receiver-in-the-Ear) Aids
ITE (In-the-Ear) Aids
BAHA (Bone Anchored Hearing Aids)
Canal Hearing Aids
Cochlear Implants
Reading and Vision Aids
Braille Translators
Video Magnifiers
Reading Machines
Others (Kitchen and Books Appliances)
Medical Beds
Ostomy Products
Commodes and Showers Chairs
Bars and Railings
Others (Pool Lift sand Bath lifts)
MEDICAL AMBULATORY AND MOBILITY AIDS DEVICES:
Mobility Scooters
Wheelchairs
Cranes and Crutches
Door Openers
Walkers and Rollators
Transfer Lifts
Others (Pillow, Cushions and Back Support)
BY GEOGRAPHY
North America
Europe
Asia Pacific
LAMEA
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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