The global elder care services assistive devices market is projected to be valued at USD 1,020.00 Billion by 2027, according to a current analysis by Emergen Research. Elderly care services and assistive devices are witnessing high demand, which can be attributed to growing elderly population. The number of individuals aged 65 years or above worldwide is estimated to grow from about 524 million in 2010 to around 1.5 billion by 2050 and developing countries would account for a majority of this increase in elderly population. A significant rise in life expectancy is leading to growth of geriatric population. This, in turn, would propel the elder care services assistive devices market during the forecast period.
Additionally, the Elder Care Services Assistive Devices market research report comprehensively examines the key elements of the Elder Care Services Assistive Devices market that influence its growth over the projected timeframe. The report’s authors leveraged a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new market entrants on how to overcome the entry-level barriers.
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Key companies profiled in the report include:
Invacare Corporation, Ai Squared, Siemens Healthineers, Sonova Holding AG, Cochlear Limited, Brookdale Senior Living, Extendicare Inc., Genesis HealthCare, Pride Mobility Products Corporation, GN Resound Group
Key Questions Answered by the Report:
What are the key product types and applications of the Elder Care Services Assistive Devices industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Elder Care Services Assistive Devices market?
How is the competitive landscape of the Elder Care Services Assistive Devices market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Elder Care Services Assistive Devices Market by 2027?
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Market Segmentation
Offering Outlook (Revenue, USD Billion; 2017–2027)
- Services
- Home Healthcare
- Adult Day Services
- Institutional Care
- Assisted Devices
- Mobile Assistance Devices
- Wheelchairs
- Mobility Scooters
- Others
- Mobile Assistance Devices
- Living Aids
- Hearing Aids
- Vision Speech Aids
- Assistive Furniture
- Assistive Beds
- Door Openers
- Riser Reclining Chairs
- Others
- Bathroom Safety Equipment
- Shower Rooms
- Commode Chairs
- Ostomy Devices
- Bars, Grips Rails
- Others
- Services
End-user Outlook (Revenue, USD Billion; 2017–2027)
- Hospitals
- Homecare Settings
- Nursing Homes
- Rehabilitation Centers
- Others
Regional Outlook (Revenue, USD Billion; 2017–2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- Rest of MEA
- North America
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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