Global Assistive Technology Market 2021-2025

Global Assistive Technology Market 2021-2025

The publisher has been monitoring the assistive technology market and it is poised to grow by $ 7.93 bn during 2021-2025 progressing at a CAGR of 7% during the forecast period. The report on assistive technology market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing number of orthopedic and neurological disorders, growing demand for rehabilitation centers, and growing focus on compliance with industrial standards. In addition, increasing number of orthopedic and neurological disorders is anticipated to boost the growth of the market as well.

The assistive technology market analysis includes device segment and geographical landscapes.

The assistive technology market is segmented as below:

By Device

• Sensory aids
• Mobility aids
• Others

By Geographical Landscapes

• North America
• Europe
• Asia
• ROW

This study identifies the growing adoption of hearing aids with rechargeable batteries as one of the prime reasons driving the assistive technology market growth during the next few years. Also, increase in development of new products and growing demand for customization will lead to sizable demand in the market.

The report on assistive technology market covers the following areas:

• Assistive technology market sizing
• Assistive technology market forecast
• Assistive technology market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading assistive technology market vendors that include Demant AS, Drive DeVilbiss Healthcare, GF Health Products Inc., GN Store Nord AS, Invacare Corp., MED-EL Elektromedizinische Gerate GmbH, Medline Industries Inc., Permobil AB, Sonova Holding AG, and Sunrise Medical LLC. Also, the assistive technology market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.