Elder Care Services & Assistive Devices Market Revenue Size, Trends and Factors

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 report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Elder Care Services & Assistive Devices according to the impact of COVID-19.

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The leading market contenders listed 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

Key reasons to buy the Global Elder Care Services & Assistive Devices Market report:

The latest report comprehensively studies the global Elder Care Services & Assistive Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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Market Segmentations of the Elder Care Services & Assistive Devices Market

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

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Regional Outlook of the Elder Care Services & Assistive Devices Market

The global Elder Care Services & Assistive Devices market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Elder Care Services & Assistive Devices market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Elder Care Services & Assistive Devices Market report:

The latest report comprehensively studies the global Elder Care Services & Assistive Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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