SEATTLE, July 20, 2021, (MEDGADGET) — Disability gadgets and technologies help people preserve or improve their functioning and independence, making it easier to participate in activities and improving their overall well-being. These gadgets also aid in the prevention of impairments and subsequent health problems. Some of the disability devices include prostheses, hearings aids, wheelchairs, visual aids, and specialized computer software and hardware that increase hearing, vision, communication capacities, and increase mobility. According to a 2019 World Health Organization (WHO) study, just 5-15 percent of people who require disability devices have access to them in many poor and middle-income nations. As a result, in the near future, a lack of accessibility to disability devices is projected to be a primary factor driving demand for disability devices.
In 2017, the global disability devices market was worth US$ 14.5 billion, and it is predicted to grow to US$ 26.3 billion between 2018 and 2026.
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Increased government initiatives and a rising patient population are the two most critical factors propelling the disability devices industry growth. The World Health Organization estimated in 2015 that over one billion people around the world needed one or more assistive devices, such as low-vision devices, wheelchairs, or hearing aids. Only one out of every 10 people has access to accessibility gadgets. In order to bridge the gap between the demand for and availability of assistive technology, WHO is developing a flagship program – Global Cooperation on Assistive Technology (GATE) – in partnership with donor agencies, United Nations Agencies, professional organizations, international organizations, organizations of/for persons with disabilities and academies.
Furthermore, disability equipment manufacturers are actively involved in the development of high-tech techniques to dealing with disability in the home environment, such as environmental control units, which are becoming more widely available. Furenexo, for example, released its first product, Sound Sense, in 2016, which is a hearing aid that looks like a USB stick and fits in a user’s pocket. The device features a small microphone that can pick up noises like smoke alarms, horns, and sirens.
Various research groups, including the National Institute on Deafness and Other Communication Disorders (NIDCD), are sponsoring researchers to create gadgets that will aid persons with various degrees of hearing loss in communicating with others. For example, in 2012, a group of researchers created a portable gadget that allows two or more users to type messages to each other and have them displayed in real time. All of these factors are projected to propel the disability devices market growth.
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Despite the strong demand for disability aids, their expensive cost will limit their usage. The expense of disability gadgets consumes a large amount of household and government budgets, according to the WHO. Furthermore, in some countries, the retail pricing of handicap aids and equipment are significantly more than those found on internet sites. According to the WHO, a specific branded manual wheelchair sold on an Australian website for US$ 2,236 could be acquired for US$ 1,401 on a US website.
Due to significant utilization of disability devices combined with a high affordability rate among the regional population, North America is likely to have a prominent position in the disability devices market over the projection period. According to a 2019 report from the University of California, approximately 6.8 million community-resident Americans used handicap aid movement in 2013. This category includes 1.7 million people who use wheelchairs or scooters, as well as 6.1 million people who use canes, crutches, or walkers.
Due to a substantial unmet medical need and increased public and private financing in the healthcare sector, the Asia Pacific disability devices market is predicted to grow significantly. According to the Asian Institute of Disability and Development (AIDD), Bangladesh’s 1.2 million kid population requires 3,500 wheelchairs for children with cerebral palsy alone (cerebral palsy). As part of its efforts, AIDD has provided 450 wheelchairs, 200 hearing aids, 15,000 eyeglasses, 1,000 white canes, and other disability devices to children around the country. AIDD has been working on a custom-built walker for children with impairments, focusing on children with cerebral palsy, in collaboration with key partner Child Sight Foundation (CSF) Global.
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Table of Content
Global Disability Devices Market Research Report
Section 1: Global Disability Devices Industry Overview
Section 2: Global Economic Impact on Disability Devices Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Disability Devices Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Disability Devices Market Forecast
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