Elder Care Services & Assistive Devices Market Segmentation and Opportunities: In-Depth Market Research #216
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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 Global Elder Care Services & Assistive Devices Market Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Elder Care Services & Assistive Devices Market market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.
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Effect of COVID-19 on the global market for Elder Care Services & Assistive Devices Market
The COVID-19 pandemic had a significant negative influence on the market for Elder Care Services & Assistive Devices Market in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Elder Care Services & Assistive Devices Market were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Elder Care Services & Assistive Devices Market in 2020. Additionally, demand for Elder Care Services & Assistive Devices Market decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Elder Care Services & Assistive Devices Market market : Competitive Landscape
The prominent players operating in the Elder Care Services & Assistive Devices Market market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Elder Care Services & Assistive Devices Market market .
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
Make an enquiry of this report @ https://www.emergenresearch.com/industry-report/elder-care-services-assistive-devices-market
the Global Elder Care Services & Assistive Devices Market Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.
Based on types, the market is segmented into
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 Outlook :
The growth of the Elder Care Services & Assistive Devices Market Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.
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Look Over transcripts provided by Emergen Research @
Elder Care Services & Assistive Devices Market Size
Elder Care Services & Assistive Devices Market Share
Elder Care Services & Assistive Devices Market Trends
Elder Care Services & Assistive Devices Regional Market Demand
Elder Care Services & Assistive Devices Market Analysis
Elder Care Services & Assistive Devices Market Top Companies
Elder Care Services & Assistive Devices Market News
Elder Care Services & Assistive Devices Market Executive Summary
Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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