Assistive Technology Market
Assistive Technology Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Type Mobility Impairment Devices, Visual Impairment Devices, Hearing Impairment Devices, Other Product Types
- By End-User Hospitals, Home Care Settings, Other End-Users
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 21.95 Billion |
Revenue 2030: | USD 31.22 Billion |
Revenue CAGR (2023 - 2030): | 4.5% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Assistive Technology Market by Product Type by End-User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Assistive Technology in terms of revenue?
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The global Assistive Technology valued at USD 21.95 Billion in 2022 and is expected to reach USD 31.22 Billion in 2030 growing at a CAGR of 4.5%.
Which are the prominent players in the market?
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The prominent players in the market are William Demant Holding A/S (Denmark), GF Health Products Inc. (U.S.), GN Store Nord AS (Denmark), Invacare Corp. (U.S.), Medical Depot Inc. (Canada), Medline Industries Inc. (U.S.), Nordic Capital (Sweden), Pride Mobility Products Corp. (U.S.), Sunrise Medical (Germany), Med-El Corporation (Austria).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 4.5% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Assistive Technology include
- Growing disabilities across the globe
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Assistive Technology in 2022.