The Global Elder Care Services & Assistive Devices Market Report presents an exhaustive analysis of the Elder Care Services & Assistive Devices market and offers investors, stakeholders and business strategists’ valuable insights on the forecast period 2020-2027. The report on the Global Elder Care Services & Assistive Devices Market presents the growth rate and market value projected to be reached by the market in the coming years. The report guides market participants, emerging players, and stakeholders on how to combat the COVID-19 pandemic. This report comprehensively analyses the impact of the pandemic on the Elder Care Services & Assistive Devices market and its major segments. Additionally, the report also includes an analysis of the current and future impact of the pandemic on market growth.
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.
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- The report closely studies the growth trajectory of the global Elder Care Services & Assistive Devices market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Elder Care Services & Assistive Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Leading companies profiled in the report:
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
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This report is the latest document encompassing the massive changes that took place in the Elder Care Services & Assistive Devices market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Elder Care Services & Assistive Devices market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
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Offering Outlook (Revenue, USD Billion; 2017–2027)
- Services
- Home Healthcare
- Adult Day Services
- Institutional Care
- Assisted Devices
- Mobile Assistance Devices
- Wheelchairs
- Mobility Scooters
- Others
- Mobile Assistance Devices
- 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
- Services
-
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
- North America
Research Report on the Elder Care Services & Assistive Devices Market Addresses the Following Key Questions:
- Who are the dominant players of the Elder Care Services & Assistive Devices market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Elder Care Services & Assistive Devices market?
- What are the key growth drivers and restraining factors of the Elder Care Services & Assistive Devices market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Elder Care Services & Assistive Devices market and its key segments?
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