Seattle, WA, Aug-12, 2018 — / True Industry News / —
Elderly and Disabled Assistive Devices – Evolving from Luxury to Necessity
The global elderly and disabled assistive devices market was valued at US$ 14,109.1 million in 2015 and is expected to expand at a CAGR of 7.4% during the forecast period (2018 – 2026).
The World Health Organization (WHO) has prepared a comprehensive global disability action plan for 2014 – 2021. As per this plan, WHO intends to improve access to health services and programs, extend rehabilitation, assistive technology, assistance and support services, and support research on disability and related services. Assistive device manufacturers in the elderly and disabled assist devices market, especially in emerging economies are expected to benefit considerably through this plan.
Manufacturers in the elderly and disabled assist devices market are reaching out directly to consumers to increase their sales. Sonova Holding AG follows vertically-integrated business, wherein it also markets products through its retail stores, thus reaching out to customers and offering them customized solutions. The company acquired AudioNova in September 2016—a Netherlands-based hearing aid manufacturer—with an aim to double its presence in Europe in terms of retail stores.
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The Elderly and Disabled Assistive Devices Market research report covers the present scenario and the growth prospects of the global Elderly and Disabled Assistive Devices industry for 2016-2020. The report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Elderly and Disabled Assistive Devices market report provides key statistics on the market status of the Elderly and Disabled Assistive Devices manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Elderly and Disabled Assistive Devices industry. The Elderly and Disabled Assistive Devices market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.
Key Vendors of Elderly and Disabled Assistive Devices Market: Key companies covered as a part of this study include Sunrise Medical LLC, GN ReSound Group, Sonova Holding AG, Starkey Hearing Technologies, William Demant Holding A/S, Drive Medical Design and Manufacturing, Ai Squared, Wintriss Engineering Corporation, and Invacare Corporation
Elderly and Disabled Assistive Devices market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
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Regions of Elderly and Disabled Assistive Devices market:
In the end, the report makes some important proposals for a new project of Elderly and Disabled Assistive Devices Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global Elderly and Disabled Assistive Devices industry covering all important parameters.
Elderly and Disabled Assistive Devices driver
Elderly and Disabled Assistive Devices challenge
Elderly and Disabled Assistive Devices trend
Key questions answered in Elderly and Disabled Assistive Devices market report:
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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