Assistive Technology Market
Description
Assistive Technology Market, By Product Type (Mobility Devices, Hearing Aids, Vision and Reading Aids, Communication Devices, Daily Living Aids, Prosthetics and Orthotics, Assistive Software and Apps, Others (cognitive aids, sensory stimulation devices, environmental control systems)), By Disability Type (Mobility Impairment, Hearing Impairment, Visual Impairment, Speech and Language Impairment, Cognitive Impairment, Others (autism, developmental disorders, multiple disabilities)), By Age Group (Children, Adults, Elderly), By Distribution Channel (Retail Stores, Online Retail, Healthcare Institutions, Others (specialty stores, assistive technology centers)), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Many people who learn and think differently use tools to help them work around their challenges. These tools are called Assistive Technology or AT. The term AT refers to any device or software that helps a person with a disability do something they cannot do on their own. People use AT at home, in schools and on the job. For example, a student with a visual impairment might use a slant board to assist with writing or a talking calculator when working on math. In the classroom, a student with a motor impairment might use flexible furniture or an exercise ball to improve gross motor movement. Students with speech disabilities benefit from assistive technologies that support communication such as a stuttering app, voice-to-text programs and word prediction software.
Market Dynamics:
The global population is aging and the demand for assistive technologies to assist the geriatric population is rising. Mobility aids, hearing aids, and vision enhancement devices help older individuals maintain their independence and quality of life through the use of assistive technology.
However, cost is a significant market constraint for AT. Numerous AT solutions, such as sophisticated prosthetics, communication devices, and mobility aids, can be costly, making them unaffordable for some people with disabilities. The costly development and manufacturing costs of AT devices contribute to their inflated prices. Insufficient insurance coverage and a lack of funding options further impede access to assistive technology.
Key features of the study:
This report provides in-depth analysis of the global assistive technology market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global assistive technology market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Invacare Corporation, Ottobock SE & Co. KGaA, Sonova Holding AG, GN Store Nord A/S, MED-EL, Cochlear Limited, Permobil AB, Sunrise Medical LLC, Tobii AB, ResMed Inc., Sivantos Group, Ai-Media, Phonak AG, Starkey Hearing Technologies, Dynavox Systems LLC
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global assistive technology market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global assistive technology market
Detailed Segmentation:
Global Assistive Technology Market, By Product Type:
Mobility Devices
Hearing Aids
Vision and Reading Aids
Communication Devices
Daily Living Aids
Prosthetics and Orthotics
Assistive Software and Apps
Others (cognitive aids, sensory stimulation devices, environmental control systems)
Global Assistive Technology Market, By Disability Type:
Mobility Impairment
Hearing Impairment
Visual Impairment
Speech and Language Impairment
Cognitive Impairment
Others (autism, developmental disorders, multiple disabilities)
Global Assistive Technology Market, By Age Group:
Children
Adults
Elderly
Global Assistive Technology Market, By Distribution Channel:
Retail Stores
Online Retail
Healthcare Institutions
Others (specialty stores, assistive technology centers)
Global Assistive Technology Market, By Geography:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profile:
Invacare Corporation
Ottobock SE & Co. KGaA
Sonova Holding AG
GN Store Nord A/S
MED-EL
Cochlear Limited
Permobil AB
Sunrise Medical LLC
Tobii AB, ResMed Inc.
Sivantos Group
Ai-Media
Phonak AG
Starkey Hearing Technologies
Dynavox Systems LLC
Table of Contents
150 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Disability Type
- Market Snapshot, By Age Group
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Geography
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Aging Population
- Restraints
- High Costs
- Opportunities
- Customization and Personalization
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Assistive Technology Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Assistive Technology Market , By Product Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Mobility Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Hearing Aids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Vision and Reading Aids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Communication Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Daily Living Aids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Prosthetics and Orthotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Assistive Software and Apps
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- 6. Global Assistive Technology Market , By Disability Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Mobility Impairment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Hearing Impairment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Visual Impairment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Speech and Language Impairment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Cognitive Impairment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 7. Global Assistive Technology Market , By Age Group, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Children
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Adults
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Elderly
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 8. Global Assistive Technology Market , By Distribution Channel, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Retail Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Online Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Healthcare Institutions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 9. Global Assistive Technology Market , By Region, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 –2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Geography, 2023-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Geography, 2023-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Geography, 2023-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Disability Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Geography, 2023-2030,(US$ Bn)
- 10. Competitive Landscape
- Invacare Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Ottobock SE & Co. KGaA
- Sonova Holding AG
- GN Store Nord A/S
- MED-EL
- Cochlear Limited
- Permobil AB
- Sunrise Medical LLC
- Tobii AB
- ResMed Inc.
- Sivantos Group
- Ai-Media
- Phonak AG
- Starkey Hearing Technologies
- Dynavox Systems LLC
- Analyst Views
- 11. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on "Global Assistive Technology Market” - Global forecast to 2030
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