Disabled and Elderly Assistive Technology Global Market Report 2023: Senior-Friendly mHealth and Telehealth Technologies Facilitate Independent Living

Dublin, June 09, 2023 (GLOBE NEWSWIRE) -- The "Disabled and Elderly Assistive Technology - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Disabled and Elderly Assistive Technology Market to Reach $82 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Disabled and Elderly Assistive Technology estimated at US$25.3 Billion in the year 2022, is projected to reach a revised size of US$82 Billion by 2030, growing at a CAGR of 15.8% over the analysis period 2022-2030. Communication Aids, one of the segments analyzed in the report, is projected to record 15.8% CAGR and reach US$30.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mobility Assistance segment is readjusted to a revised 16.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $13 Billion, While China is Forecast to Grow at 18.5% CAGR

The Disabled and Elderly Assistive Technology market in the U.S. is estimated at US$13 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.8 Billion by the year 2030 trailing a CAGR of 18.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 15.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.9% CAGR.

Select Competitors (Total 163 Featured)-

  • Aetna, Inc.
  • Broda Seating
  • AC Mobility Pty., Ltd.
  • Action Manufacturing, Inc.
  • Advanced Mobility Systems Corporation
  • Amigo Mobility International, Inc.
  • Aqua Creek Products
  • Bionik Laboratories Corporation
  • BladeZ Scooters
  • Bromakin Wheelchairs
  • Blue Chip Medical Products, Inc.
  • Arjo AB
  • Besco Medical Limited
  • AlterG, Inc.
  • Beltone A/S

Key Attributes:

Report AttributeDetails
No. of Pages376
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$26.81 Billion
Forecasted Market Value (USD) by 2030$82 Billion
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Telecare: The Amalgamation of Technology and Health Care
  • Pandemic Compels Senior Care Facilities to Use Modern Technologies for Offering Better Care
  • An Introduction to Disabled and Elderly Assistive Technology
  • Global Market Outlook
  • Rise in Geriatric & Disabled Population Fuels Need for Assistive Technologies
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
  • Life Expectancy at Birth in Years of People in Select Countries for 2020E
  • Recent Market Activity
  • Disabled and Elderly Assistive Technologies - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)



  • Smart Assistive Technologies Emerge for the Elderly Population
  • Sustained Advancements in Assistive Technologies & Focus on R&D Efforts to Boost Adoption
  • Silver Tsunami Paves Way for a Spate of Innovations in Senior Care
  • Select Innovations in Disabled and Elderly Assistive Technologies
  • Senior-Friendly mHealth and Telehealth Technologies Facilitate Independent Living
  • Digital Inclusion of Elderly and Disabled: Critical for Success of Assistive Living Technologies
  • IoT Solutions to Improve Senior Care and Help Seniors Community Live Independent Life
  • World IoT Market: Number of Connected Devices (in Million) for Years 2016, 2018, 2020 and 2022
  • Rising Incidence of Physical Disabilities: A Grim Reality Driving Significance of Assistive Living Technologies
  • Percentage of Population with Disabilities by Age Group
  • A Review of Select Assistive Technologies for the Disabled
  • Increasing Incidence of Musculoskeletal Disorders and Chronic Medical Conditions Propels Market Growth
  • Osteoarthritis & Osteoporosis: Major Health Conditions Affecting Mobility in the Elderly
  • Global Osteoporosis Prevalence: Number of People with Osteoporosis in Millions by Select Country/Region for 2012 and 2022P
  • % of Women Affected by Osteoporosis
  • Obesity & Lifestyle Diseases Limit Mobility
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
  • Shift towards Home Healthcare Augurs Well for the Market
  • As Hearing Impairment Emerges as a Major Disability Especially among Elderly, Hearing Devices Provide Aid in Maintaining Independent Lifestyles
  • Number of People with Disabling Hearing Loss Worldwide in Million for the Years 2015 to 2050
  • Personal Mobility Devices: Need for Mobility Drives Market Growth
  • Global Personal Mobility Devices Market Breakdown (in %) by Product Type: 2020E
  • Favorable Trends in the Personal Mobility Devices Market Strengthen Market Prospects
  • Wheelchairs: Meeting Mobility Needs of the Elderly & Disabled for Personal, Social, and Professional Fulfillment
  • Global Wheelchairs Market Breakdown by Region/Country (in %): 2019
  • Powered Wheelchairs: Superior Attributes over Manual Wheelchairs Drive Demand
  • High-tech Wheelchairs for Spinal Cord Injury Patients
  • Stair Lifts: Enabling Easy Movement for Immobile Individuals
  • Design Modifications and Infrastructure Development in Care Facilities & Residences Propels Market
  • Rising Incidence of Cognitive Impairment Issues Drive Focus onto Assistive Speech Technology
  • Progressive Mobility: A Growing Area of Focus in Bed Design
  • Government Efforts to Improve Healthcare Infrastructure and Favorable Insurance Schemes Support Market
  • World Healthcare Expenditure (In US$ Trillion) for the Years for 2017, 2019, 2021 and 2023
  • Healthcare Expenditure as a % of GDP by Region for 2019
  • Challenges Confronting Disabled and Elderly Assistive Technology Market




For more information about this report visit https://www.researchandmarkets.com/r/iilidp

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


Global Market for Disabled and Elderly Assistive Technology

Contact Data