How much is the Assistive Technology Market market?

The assistive technology market market size is estimated to grow at $$ 6.60 bn in 2023. Read More

What is the growth rate of the Assistive Technology Market market?

The growth rate of the assistive technology market year-over-year is 4.91%. Read More

Which region held the largest market share in the Assistive Technology Market market?

Europe is the region to held the largest market share with 36% growth. Read More

Who are the key players in the Assistive Technology Market market?

Boundless Assistive Technology, Demant AS, Freedom Scientific Inc., GF Health Products Inc., GN Store Nord AS, Invacare Corp., Karma Medical Products Co. Ltd., MED EL .... Read More

Which Segment has the largest market share in the Assistive Technology Market market?

End-user is the segment that has the largest market share in the market. Read More

Assistive Technology (AT) Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, France, Japan - Size and Forecast 2024-2028

Published: Mar 2024
Pages: 162
SKU: IRTNTR40244

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Assistive Technology Market Size 2024-2028

The assistive technology (AT) market size is forecast to increase by USD 6.60 billion at a CAGR of 4.91% between 2023 and 2028. The market is witnessing significant growth due to the increasing number of hospital admissions resulting from road traffic accidents and non-fatal injuries. According to the World Health Organization, approximately 1.3 million people die annually due to road traffic accidents, and an additional 20-50 million suffer non-fatal injuries. In hospitals, assistive technology is increasingly being used to enhance the functional capabilities of patients with orthopedic and neurological disorders. This includes medical beds, recliner chairs, and transferred lifts, which provide patient security and improve their overall hospital experience. The rising demand for customization in assistive technology is another major growth factor. However, the high cost of mobility products remains a challenge for the market, limiting their accessibility to a significant portion of the population.

Overall, the market for assistive technology is poised for growth, driven by the need to address the increasing burden of injuries and disabilities.

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Device
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global assistive technology market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global assistive technology market 2018 - 2022 ($ billion)

4.2 End-user Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)

4.3 Device Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Device Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)

6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user

6.3 Hospitals - Market size and forecast 2023-2028
- Exhibit 34: Chart on Hospitals - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Hospitals - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Hospitals - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Hospitals - Year-over-year growth 2023-2028 (%)

6.4 Homecare settings - Market size and forecast 2023-2028
- Exhibit 38: Chart on Homecare settings - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Homecare settings - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Homecare settings - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Homecare settings - Year-over-year growth 2023-2028 (%)

6.5 Others - Market size and forecast 2023-2028
- Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by End-user
- Exhibit 46: Market opportunity by End-user ($ billion)
- Exhibit 47: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Device

7.1 Market segments
- Exhibit 48: Chart on Device - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Device - Market share 2023-2028 (%)

7.2 Comparison by Device
- Exhibit 50: Chart on Comparison by Device
- Exhibit 51: Data Table on Comparison by Device

7.3 Sensory aids - Market size and forecast 2023-2028
- Exhibit 52: Chart on Sensory aids - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Sensory aids - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Sensory aids - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Sensory aids - Year-over-year growth 2023-2028 (%)

7.4 Mobility aids - Market size and forecast 2023-2028
- Exhibit 56: Chart on Mobility aids - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Mobility aids - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Mobility aids - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Mobility aids - Year-over-year growth 2023-2028 (%)

7.5 Others - Market size and forecast 2023-2028
- Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Device
- Exhibit 64: Market opportunity by Device ($ billion)
- Exhibit 65: Data Table on Market opportunity by Device ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 Asia - Market size and forecast 2023-2028
- Exhibit 79: Chart on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Asia - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Asia - Year-over-year growth 2023-2028 (%)

9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)

9.7 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)

9.8 Germany - Market size and forecast 2023-2028
- Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.9 Japan - Market size and forecast 2023-2028
- Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.10 UK - Market size and forecast 2023-2028
- Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.11 France - Market size and forecast 2023-2028
- Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)

9.12 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ billion)
- Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 Demant AS
- Exhibit 115: Demant AS - Overview
- Exhibit 116: Demant AS - Business segments
- Exhibit 117: Demant AS - Key offerings
- Exhibit 118: Demant AS - Segment focus

12.4 GF Health Products Inc.
- Exhibit 119: GF Health Products Inc. - Overview
- Exhibit 120: GF Health Products Inc. - Product / Service
- Exhibit 121: GF Health Products Inc. - Key offerings

12.5 GN Store Nord AS
- Exhibit 122: GN Store Nord AS - Overview
- Exhibit 123: GN Store Nord AS - Business segments
- Exhibit 124: GN Store Nord AS - Key news
- Exhibit 125: GN Store Nord AS - Key offerings
- Exhibit 126: GN Store Nord AS - Segment focus

12.6 Invacare Corp.
- Exhibit 127: Invacare Corp. - Overview
- Exhibit 128: Invacare Corp. - Business segments
- Exhibit 129: Invacare Corp. - Key news
- Exhibit 130: Invacare Corp. - Key offerings
- Exhibit 131: Invacare Corp. - Segment focus

12.7 Karma Medical Products Co. Ltd.
- Exhibit 132: Karma Medical Products Co. Ltd. - Overview
- Exhibit 133: Karma Medical Products Co. Ltd. - Product / Service
- Exhibit 134: Karma Medical Products Co. Ltd. - Key offerings

12.8 MED EL Elektromedizinische Gerate GmbH
- Exhibit 135: MED EL Elektromedizinische Gerate GmbH - Overview
- Exhibit 136: MED EL Elektromedizinische Gerate GmbH - Product / Service
- Exhibit 137: MED EL Elektromedizinische Gerate GmbH - Key offerings

12.9 Medical Depot Inc.
- Exhibit 138: Medical Depot Inc. - Overview
- Exhibit 139: Medical Depot Inc. - Product / Service
- Exhibit 140: Medical Depot Inc. - Key offerings

12.10 Medline Industries LP
- Exhibit 141: Medline Industries LP - Overview
- Exhibit 142: Medline Industries LP - Product / Service
- Exhibit 143: Medline Industries LP - Key offerings

12.11 NOVA Medical Products
- Exhibit 144: NOVA Medical Products - Overview
- Exhibit 145: NOVA Medical Products - Product / Service
- Exhibit 146: NOVA Medical Products - Key offerings

12.12 Ossenberg GmbH
- Exhibit 147: Ossenberg GmbH - Overview
- Exhibit 148: Ossenberg GmbH - Product / Service
- Exhibit 149: Ossenberg GmbH - Key offerings

12.13 Ostrich Mobility Instruments Pvt. Ltd.
- Exhibit 150: Ostrich Mobility Instruments Pvt. Ltd. - Overview
- Exhibit 151: Ostrich Mobility Instruments Pvt. Ltd. - Product / Service
- Exhibit 152: Ostrich Mobility Instruments Pvt. Ltd. - Key offerings

12.14 Permobil AB
- Exhibit 153: Permobil AB - Overview
- Exhibit 154: Permobil AB - Product / Service
- Exhibit 155: Permobil AB - Key offerings

12.15 Sonova Holding AG
- Exhibit 156: Sonova Holding AG - Overview
- Exhibit 157: Sonova Holding AG - Business segments
- Exhibit 158: Sonova Holding AG - Key offerings
- Exhibit 159: Sonova Holding AG - Segment focus

12.16 Starkey Laboratories Inc.
- Exhibit 160: Starkey Laboratories Inc. - Overview
- Exhibit 161: Starkey Laboratories Inc. - Product / Service
- Exhibit 162: Starkey Laboratories Inc. - Key offerings

12.17 Sunrise Medical LLC
- Exhibit 163: Sunrise Medical LLC - Overview
- Exhibit 164: Sunrise Medical LLC - Product / Service
- Exhibit 165: Sunrise Medical LLC - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 166: Inclusions checklist
- Exhibit 167: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 168: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 169: Research methodology
- Exhibit 170: Validation techniques employed for market sizing
- Exhibit 171: Information sources