Skip to main content

Global Disabled and Elderly Assistive Technologies Market to Reach Worth USD 27.3 Bn by 2022: Credence Research

According to the latest report published by Credence Research, Inc. “Disabled and Elderly Assistive Technologies: Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the disabled and elderly assistive technologies market was valued at USD 17,012.9 Mn in 2015 and is expected to reach USD 27,270.6 Mn by 2022, with the market progressing at a CAGR 7.0%from 2016-2022.
Browse the full report Disabled and Elderly Assistive Technologies: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 at http://www.credenceresearch.com/report/disabled-and-elderly-assistive-technologies-market
Market Insights                                                  
Assistive technologies are designed to provide additional accessibility to individuals with physical or cognitive difficulties, impairments, and disabilities. The disabled & elderly assistive technologies market comprises of various products such as mobility assistance, assistive furniture, bathroom safety and assistive products, communication aids, incontinence and ostomy products, activity monitors and location monitors. The end users of disabled & elderly assistive technologies are home care, hospitals and nursing homes, and assisted living facilities. Geographical segmentation of global disabled & elderly assistive technologies market comprises North America, Europe, Asia-Pacific, Latin America and Middle East & Africa further segmented into key countries with highest potential in disabled & elderly assistive technologies market.
The major factors driving disabled & elderly assistive technologiesmarket are high disposable income of baby boomers, rising demand for disabled and elderly assistive technologies, high adoption rate of novel technologies and supportive reimbursement policies. On the other hand, the expansion of the market may be inhibited in the coming years due to rising product prices. Although more developed countries have the oldest population profiles, the vast majority of older people—and the most rapidly aging populations—are in less developed countries. Between 2010 and 2050, the number of older people in less developed countries is projected to increase more than 250%, compared with a 71% increase in developed countries. Market experts suggest this remarkable phenomenon is being driven by decline in fertility and improvements in longevity. With fewer children entering the population and people living longer, older people are making up an increasing share of the total population.
Among the product types, communication aids segment was observed as the largest segment and is anticipated to maintain its lead during the forecast period 2016-2022. The key factors assisting the growth of communication aids product segment are high prevalence of hearing loss, rising aging population and technological advancements. High potential growths in emerging nations have opened an array of opportunities for the market.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Global Disabled & Elderly Assistive Technologies Market Portraiture
2.2 Global Disabled & Elderly Assistive Technologies Market, by Product, 2015 (USD Mn)
2.3 Global Disabled & Elderly Assistive Technologies Market, by End User, 2015 (USD Mn)
2.4 Disabled & Elderly Assistive Technologies Market, by Geography, 2015 (Value %)
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
Labels:

Comments

Post a Comment

Popular posts from this blog

Mobile Augmented Reality (MAR) Market to Witness Healthy Growth by 2022

According to a new market report published by Credence Research “ Mobile Augmented Reality Market (Consumer (Gaming, Live and Video Entertainment) and Enterprise & Public Sector (Retail, E-commerce, Advertising, Retail, Education, Healthcare, Military, and Architectural and Building Design) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022” the mobile augmented reality market was valued at US$ 295.4 in 2013 Mn and is poised to witness a double digit compound annual growth rate during the forecast period. Browse the full Mobile Augmented Reality (Consumer (Gaming, Live and Video Entertainment) and Enterprise & Public Sector (Retail, E-commerce, Advertising, Retail, Education, Healthcare, Military, and Architectural and Building Design)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022 report at  http://www.credenceresearch.com/report/mobile-augmented-reality-mar-market Market Insigh...
Post a Comment
Read more

Global Audiology Devices Market Size, Share, Growth, Outlook and Forecast to 2023: Credence Research

The latest market report published by Credence Research, Inc. “ Global Audiology Devices Market  - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2023,” the audiology devices market was valued at USD 8,285.6 Mn in 2015, and is expected to reach USD 12,715.3 Mn by 2023, expanding at a CAGR of (5.4%) from 2016 to 2023. Browse the full report Audiology Devices Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 at  http://www.credenceresearch.com/report/audiology-devices-market Market Insights Increasing base of aging population, mounting prevalence of hearing loss, rising patient’s awareness and favorable reimbursement policies in developed countries are the key factors assisting the growth of audiology devices market. Hearing aids was the leading product segment of this market due to rising application rate of these devices along with the introduction of advanced and novel digital technolog...
Post a Comment
Read more

Global Non-Invasive Prenatal Testing Market Key Regions, With Production & Consumption Research Report 2017Non-Invasive Prenatal Testing

According to the latest report published by Credence Research, Inc. “ Non-Invasive Prenatal Testing Market  Growth, Future Prospects and Competitive Analysis, 2016-2022,” the non-invasive prenatal testing market was valued at USD 613.0 Mn in 2015, and is expected to reach USD 1,939.9 Mn by 2022, expanding at a CAGR of 17.9% from 2016 to 2022. Browse the full report Non-Invasive Prenatal Testing: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 at  http://www.credenceresearch.com/report/non-invasive-prenatal-testing-market Market Insights The global non-invasive prenatal tests (NIPT) market is experiencing a double-digit growth facilitated by market drivers such as rise in average maternity age, growing incidence of chromosomal abnormalities that demand early and non-invasive detection. Other major factor that aids to the growth of this market is rise in healthcare expenditure....
Post a Comment
Read more