DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “World
Elderly and Disabled Assistive Devices Market – Opportunities and
Forecasts, 2014 – 2022” report to their offering.
The disabled and elderly assistive devices include all means that could
be utilized by the population who are not self dependent. These devices
greatly help the needy in listening, reading, moving and conducting
other day-to-day activities of life. Moreover, they require support of
different devices and equipment to perform all necessary things of life.
These devices help both disabled and elderly patients, making their life
comfortable, easy and independent.
Growing incidences of disabled and geriatric population contribute to
the growth of this market. Additionally, it is forecast that the global
elderly population will reach to 2000 million by 2050. Growing
government initiatives and its support to ensure the accessibility of
these devices for the large needy population as well as subsidies and
grants provided by various private bodies would support for the growth
of this market. However, high product pricing and low level of
acceptance for few products hinders the growth of this market.
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, medical ambulatory and
mobility aids devices market has shown the highest growth rate due to
rising incidences of limb immobility and geriatric population.
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.
The analysis provides a wider view of the factors driving and limiting
the growth of the market including market trends, market structure and
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
For more information visit http://www.researchandmarkets.com/research/3mhsft/world_elderly_and
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