Assistive Technology Market 2020 Report Forecast By Global Industry Trends, Future Growth, Regional Overview, Market Share, Size, Revenue, and Forecast Outlook till 2024
Global Assistive Technology Market 2020 Research report provides information regarding assistive technology market size, share, trends, growth, cost structure, capacity, revenue and forecast 2024. This report also includes the overall and comprehensive study of the Assistive Technology Market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the industry and provides data for making strategies to increase Assistive Technology market growth and effectiveness.
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With the presence of several major players, the global assistive technology market is fragmented. robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading assistive technology manufacturers, that include Demant AS, GF Health Products Inc., GN Store Nord AS, Invacare Corp., MED-EL Elektromedizinische Geräte GmbH, Medical Depot Inc., Medline Industries Inc., Permobil AB, Sonova Holding AG, and Sunrise Medical (US) LLC.
Also, the assistive technology market analysis report includes information on upcoming assistive technology market trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Global Assistive Technology Market: About this market:
Publisher’s assistive technology market analysis considers sales from sensory aids, mobility aids, and other devices. Our study also finds the sales of assistive technology in APAC, Europe, North America, South America, and MEA. In 2019, the sensory aids segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as hearing impairment and related disorders among the general population will play a significant role in the sensory aids segment to maintain its market position. Also, our global assistive technology market report looks at factors such as the increasing number of orthopedic and neurological disorders, growing demand for rehabilitation centers, and rising focus on compliance with industrial standards. However, the high cost of mobility products, the presence of substitute products, and the limited availability of assistive technology in rural markets may hamper the growth of the assistive technology industry over the forecast period.
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Global Assistive Technology Market: Overview
Increasing number of orthopedic and neurological disorders:
Orthopedic conditions such as rheumatoid arthritis and knee problems and recovery after orthopedic surgeries (after bone fractures) require the use of mobility devices such as wheelchairs, canes, and crutches, which can help patients move from one place to another without depending on others. Such short-term and long-term disabilities along with the rise in medical emergency cases are driving the need for assistive technologies. Vendors are offering customization and additional features in mobility devices to increase the convenience and utility of these devices. Thus, the increasing number of orthopedic and neurological disorders will lead to the expansion of the global assistive technology market at a CAGR of almost 8% during the forecast period.
Growing adoption of hearing aids with rechargeable batteries:
The global assistive technology market is witnessing the growing adoption of hearing aids with rechargeable batteries. Lithium-ion chargeable batteries and zinc rechargeable batteries are being widely used in the market. Lithium-ion rechargeable batteries can offer enhanced power than traditional rechargeable batteries and can serve the entire lifetime of the hearing aid. Major vendors offering hearing aids are focusing on offering advanced hearing aid devices with lithium-ion batteries. Many companies are also focusing on developing silver-zinc rechargeable batteries that are considered safe for the environment and the user. This development is expected to have a positive impact on the overall market growth.
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With tables and figures helping analyze worldwide Global Assistive Technology market share, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Key Points from TOC:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
Detailed TOC of Global Assistive Technology Market @ https://www.industryresearch.biz/TOC/15017386
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