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Disabled and Elderly Assistive Technology Market Size, Trends and Insights By Service Type (mobility aids devices, Living aids devices, Medical furniture, Bathroom safety devices), By End User (Nursing homes, Home care, Hospitals, Assisted living facility), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 - 2034
Overview
Global Disabled and Elderly Assistive Technology Market
Disabled and Elderly Assistive Technology Market: Overview
According to Custom Market Insights (CMI), The Global Disabled and Elderly Assistive Technology Market was valued at USD 61.59 Billion in the year 2025 and it is expected to grow to USD 112.76 Billion by the year 2034 growing at a compound annual growth rate of 6.94% during the forecast period 2025 and 2034.
This market mainly aims at providing independence to the disabled and elderly population who are dependent upon some other individual to carry out their day to day activities. These people are highly dependent on the assistance of some other person, which hampers the quality of life they lead. With these devices and technologies in the market, disabled and older people can be provided with independence and confidence to carry out their livelihood.
The recent advancements made by the technology sector have benefited the people belonging to the elderly age group and disabled population to a great extent.
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Disabled and Elderly Assistive Technology Market: Growth Drivers
The huge number of people belonging to the geriatric population has helped the market to record considerable revenue over time. The increasing number of high velocity accidents worldwide due to rapid modernization has resulted in many people suffering from multiple disabilities, which is a great opportunity for the market. Advanced facilities the government provides in the form of reimbursement have helped the market record tremendous growth. The extensive research and development programs carried out by the key market players have helped the market to experience new technologies and devices.
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Disabled and Elderly Assistive Technology Market: Regional Analysis
The geographical region of North America has emerged as the largest market for disabled and elderly assistive technology, and due to the huge population belonging to this category will stop due to the adoption of modern lifestyle, the use of vehicles has increased to a great extent which leads to several high velocity accidents in this region. as a result of this people suffer with multiple disabilities. Hence, the demand for assistive technologies is rising in the market. Increasing life expectancy has given rise to a huge geriatric population that demands assistive technology with you to provide them with complete independence.
The European countries also contribute considerably to the growth of the disabled and elderly assistive technology market due to the huge number of people suffering from chronic diseases and disabilities. The Asia Pacific region has become the next largest sector providing advanced facilities to the elderly and disabled individuals due to the rapid advancements in the healthcare sector.
Disabled and Elderly Assistive Technology Market: Recent Developments
- An RWD operated wheelchair device that is managed with the use of electric power was launched by Invacare Aviva storm Rx which can be utilized outdoors and indoors.
Key Players:
- Sunrise Medical LLC
- Starkey Hearing Technologies
- GN ReSound Group
- Sonova Holding AG
- William Demant Holding A/S
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The global Disabled and Elderly Assistive Technology market is segmented as follows:
By Service Type
- mobility aids devices
- Living aids devices
- Medical furniture
- Bathroom safety devices
By End User
- Nursing homes
- Home care
- Hospitals
- Assisted living facility
On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
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