The assistive devices include all means which could be used by the population who are not self-dependent. These devices ideally help the needy in listening, reading, moving, and performing other day-to-day activities of life. In addition, they need the support of various devices and equipment to do all the necessary things in life. The assistive devices assist both disabled and elderly patients, making their life convenient, easy and independent. Rising incidences of disabled and senior population majorly contribute to the growth of the assistive devices market. Moreover, it is estimated that the world's elderly population will reach 2000 million by 2050. Rising government initiatives and their support to ensure the accessibility of these devices for the vast needy population and allowances & grants offered by several private bodies would further support the market's growth. Apart from that, the high production cost and low level of acceptance for certain products impede the growth of the assistive devices market. As a result, the Assistive Devices Market is projected to grow at the rate of 7.80% CAGR 2027.

Research Methodology:

The Assistive Devices Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Assistive Devices Market based on Product Type

• Living Aids
• Mobility Aids Devices
• Medical Furniture
• Bathroom Safety Equipment

Assistive Devices Market based on End-User

• Hospital
• Home Care Setting
• Others

Assistive Devices Market based on Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

The market is segmented into Living Aids, Mobility Aids Devices, Medical Furniture, and Bathroom Safety Equipment as in the market based on product type. The mobility aids devices segment accounted for the highest share in the market. This is ascribed to the increase in mobility aids device technology advancements and increase in disabled & old populations requiring mobility assistance. Moreover, the surging incidence of accidents in the past few years and, thereby, increase in people requiring assistive mobility devices accelerates the segment growth. Additionally, increased mobility impairment disorders such as amputation, paralysis, spinal cord injury, cerebral palsy, multiple sclerosis, stroke, and others are also projected to further boost the market growth for mobility aids devices in the near future.

Further, in the market for end-user, the market is bifurcated into Hospital, Home Care Setting, and Others. The hospital segment is valued to hold a significant share in the market. This is due to the increasing incidence of accidents worldwide, a huge pool of patients in hospitals, and the rising elderly population, leading to the increasing number of assistive devices. Moreover, the hospitals have a high demand for medical beds, recliner chairs, transfer lifts, and patient's mechanical lift handling, which is also responsible for the segment growth.

In the assistive devices market among North America, Europe, Asia Pacific, and the rest of the World, the North America region has the dominating position in the market share. This is because of the growth in demand for assistive devices, increase in the elderly population, and increased emphasis on patient safety by the government.

The prominent factors driving the global assistive devices market are an increase in mobility impairment disorders, changes in the lifestyle of people, and the availability of different types of disabled and elderly assistive products. In addition, a notable increase in the demand for assistive devices due to an increase in the trend of an independent lifestyle will also fuel the global market growth.

The major leading companies of the assistive devices market are Sunrise Medical (US) LLC, Blue Chip Medical Products, Inc., Sonova Holding Ag, Inclusive Technology Ltd., Medline Industries, Inc., Invacare Corporation, Permobil AB, Siemens Ltd, Ai Squared, and Widex Ltd.

Henceforth, assistive devices have completely changed the people of the disabled and elderly by improving their daily routine activities. These devices considerably help them perform their daily activities and also helping live their lives independently without depending on others.

• This study offers a comprehensive description of driving factors restricting and challenging the assistive devices market growth.
• This research also represents the precise evaluations of future trends and changes in consumer preferences.
• Furthermore, the penetration of the assistive devices market among North America, Asia Pacific, Europe, and the Rest of the World is represented in the report.
• An in-depth analysis of the market’s competitive outlook and complete information on market competitors such as developments, research and developments, mergers, acquisitions and expansions.

1. Executive Summary
2. Industry Outlook
   1. Industry Overview
   2. Industry Trends
3. Market Snapshot
   1. Market Definition
   2. Market Outlook
      1. Porter Five Forces
   3. Related Markets
4. Market characteristics
   1. Market Overview
   2. Market Segmentation
   3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
   4. DRO - Impact Analysis
5. Product Type: Market Size & Analysis
   1. Overview
   2. Living Aids
   3. Mobility Aids Devices
   4. Medical Furniture
   5. Bathroom Safety Equipment
6. End-User: Market Size & Analysis
   1. Overview
   2. Hospital
   3. Home Care Setting
   4. Others
7. Geography: Market Size & Analysis
   1. Overview
   2. North America
   3. Europe
   4. Asia Pacific
   5. Rest of the World
8. Competitive Landscape
   1. Competitor Comparison Analysis
   2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
9. Vendor Profiles
   1. Sunrise Medical (US) LLC
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   2. Blue Chip Medical Products, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   3. Sonova Holding Ag
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   4. Inclusive Technology Ltd.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   5. Medline Industries, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   6. Invacare Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   7. Permobil AB
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   8. Siemens Ltd
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   9. Ai Squared
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
   10. Widex Ltd.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
10. Analyst Opinion
11. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
       1. Data Collation and In-house Estimation
       2. Market Triangulation
       3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations