Global Assistive Devices For Vulnerable Groups Revenue Is Nearly 16.5 Billion USD

New report published by Global Info Research which offers insights on the global Assistive Devices for Vulnerable Groups market.

 

Assistive technology is an umbrella term that includes assistive, adaptive, and rehabilitative devices for people with disabilities while also including the process used in selecting, locating, and using them. People who have disabilities often have difficulty performing activities of daily living (ADLs) independently, or even with assistance. ADLs are self-care activities that include toileting, mobility (ambulation), eating, bathing, dressing and grooming. Assistive technology can ameliorate the effects of disabilities that limit the ability to perform ADLs. Assistive technology promotes greater independence by enabling people to perform tasks they were formerly unable to accomplish, or had great difficulty accomplishing, by providing enhancements to, or changing methods of interacting with, the technology needed to accomplish such tasks.

 

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Global Assistive Devices for Vulnerable Groups Market: Forecast by Type / Application / Region

 

The major players in global Assistive Devices for Vulnerable Groups market include: Sonova Holding, William Demant, Invacare, Ottobock, Starkey, GN ReSound, Sivantos, Cochlear, Widex , Sunrise Medical, Permobil Corp, MED-EL and Pride Mobility.

 

On the basis of product, the Assistive Devices for Vulnerable Groups market is primarily split into: Hearing Aids, Medical Mobility Aids & Ambulatory Devices, Vision & Reading Aids and Medical Furniture & Bathroom Safety Products.

 

On the basis on the applications covers: For Elderly, For Disabled and Others.

 

In the last several years, global market of Assistive Devices for Vulnerable Groups developed rapidly, with an average growth rate of 7.95% during 2013 to 2017. In 2017, global revenue of Assistive Devices for Vulnerable Groups is nearly 16.5 Billion USD.

 

Assistive technology is an umbrella term that includes assistive, adaptive, and rehabilitative devices for people with disabilities while also including the process used in selecting, locating, and using them.

 

The term “vulnerable groups” is usually synonymous with “groups at risk”. Vulnerable groups often include elderly person, persons with disabilities and others.

 

The classification of Assistive Devices for Vulnerable Groups includes hearing aids, medical mobility aids & ambulatory devices, vision & reading aids and medical furniture & bathroom safety products, and the proportion of hearing aids in 2017 is about 57%, and the proportion is in increasing trend from 2013 to 2017.

 

Assistive Devices for Vulnerable Groups is widely used for the elderly, the disabled and other diseases. The most proportion of Assistive Devices for Vulnerable Groups is used for the disabled, and the proportion in 2017 is nearly 50%.

 

Mexico, China, Africa, South America, India and Southeast Asia are the middle and low income countries we focused on in our report, and these six regions account for 19% of the whole global market. China is the largest consumption place of the middle/low income countries, with a consumption market share nearly 5.6% in 2017 globally.

 

Market competition is not intense. Sonova Holding, William Demant, Invacare, Ottobock, Starkey, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

 

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Related Information:

United States Assistive Devices for Vulnerable Groups Market 2018 Forecast to 2023

Europe Assistive Devices for Vulnerable Groups Market 2018 Forecast to 2023

North America Assistive Devices for Vulnerable Groups Market 2018 Forecast to 2023

Asia-Pacific Assistive Devices for Vulnerable Groups Market 2018 Forecast to 2023

China Assistive Devices for Vulnerable Groups Market 2018 Forecast to 2023

EMEA Assistive Devices for Vulnerable Groups Market 2018 Forecast to 2023

Global Assistive Devices for Vulnerable Groups Market 2018 Forecast to 2023

 

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