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 latest report is inclusive of an extensive coverage of the significant impact of the COVID-19 pandemic on the Elder Care Services & Assistive Devices business sector. The coronavirus outbreak has drastically impacted the global economic landscape, and consequently, this particular business vertical. Therefore, the report provides the reader with a clear concept of the current scenario of this business vertical, estimating its COVID-19 aftereffects. Thus, the report encompasses the severe effects of the coronavirus pandemic on the Elder Care Services & Assistive Devices market and its key segments.

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 Key Players operating in the industry 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

Radical Features of the Elder Care Services & Assistive Devices Market Report:

• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Elder Care Services & Assistive Devices industry
• The report encompasses Elder Care Services & Assistive Devices market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements

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Segmentation:

• 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

Regional Analysis Covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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