Elder Care Services & Assistive Devices Market Size, Regional Trends and Opportunities, Revenue Analysis

Growing elderly population is one of the significant factors influencing the elder care services & assistive devices market.

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 on the Global Elder Care Services Assistive Devices Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Elder Care Services Assistive Devices market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Elder Care Services Assistive Devices industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Elder Care Services Assistive Devices industry.

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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
      1. Home Healthcare
      2. Adult Day Services
      3. Institutional Care
    • Assisted Devices
      1. 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
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. 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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