Elder Care Services & Assistive Devices Market Revenue, Major Players, Demand, Share Analysis & Forecast

[vandanamanturgekar]

The global elder care services & assistive devices market is projected to be valued at USD 1,020.00 Billion by 2027, according to a current analysis by Emergen Research. Elderly care services and assistive devices are witnessing high demand, which can be attributed to growing elderly population. The number of individuals aged 65 years or above worldwide is estimated to grow from about 524 million in 2010 to around 1.5 billion by 2050 and developing countries would account for a majority of this increase in elderly population. A significant rise in life expectancy is leading to growth of geriatric population. This, in turn, would propel the elder care services & assistive devices market during the forecast period.

The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.

 

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Competitive Outlook: The leading companies operating in the Elder Care Services & Assistive Devices market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Elder Care Services & Assistive Devices Market and Profiled in the Report are:

Invacare Corporation, Ai Squared, Siemens Healthineers, Sonova Holding AG, Cochlear Limited, Brookdale Senior Living, Extendicare Inc., Genesis HealthCare, Pride Mobility Products Corporation, GN Resound Group

Objectives of the Report:

Study of the global Elder Care Services & Assistive Devices market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Elder Care Services & Assistive Devices market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Elder Care Services & Assistive Devices market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Elder Care Services & Assistive Devices market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

Offering Outlook (Revenue, USD Billion; 2017–2027)
Services
Home Healthcare
Adult Day Services
Institutional Care
Assisted Devices
Mobile Assistance Devices
Wheelchairs
Mobility Scooters
Others
Living Aids
Hearing Aids
Vision & Speech Aids
Assistive Furniture
Assistive Beds
Door Openers
Riser Reclining Chairs
Others
Bathroom Safety Equipment
Shower Rooms
Commode Chairs
Ostomy Devices
Bars, Grips & Rails
Others
End-user Outlook (Revenue, USD Billion; 2017–2027)
Hospitals
Homecare Settings
Nursing Homes
Rehabilitation Centers
Others
Regional Outlook (Revenue, USD Billion; 2017–2027)
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Rest of MEA
Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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