The new report titled ‘Global Elder Care Services Assistive Devices Market’, published by Emergen Research, is systematically vetted by our team of analysts, with an eye toward the reader's comprehension, and containing a substantial database of industry distribution. Researchers have examined the global market holistically and identified the elements that affect the market's overall expansion. The study examines the strengths, weaknesses, opportunities, and threats related to the expansion of the major market segments using effective analytical methods like SWOT analysis and Porter's Five Forces. The research includes vital information that the reader can use to get a complete understanding of the Elder Care Services Assistive Devices market, such as the market shares of the major companies.

By 2050, there will likely be 1.5 billion people in the globe who are 65 years of age or older, up from 524 million in 2010, with the bulk of these people living in developing nations. A large increase in life expectancy is fueling a rise in the number of elderly people. As a result, the market for senior care services and assistive equipment will grow throughout the course of the forecast period. Elderly people may be at danger if mobility, hearing, or vision problems go untreated. The use of technology is thought to be extremely important in providing care for the old. For instance, emergency response services (ERS) equipped with global positioning systems (GPS) are helpful in tracking the whereabouts of seniors and obtaining aid as soon as possible, in case of emergency.

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Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Elder Care Services Assistive Devices market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

• Invacare Corporation,
• Ai Squared,
• Siemens Healthineers,
• Sonova Holding AG,
• Cochlear Limited,
• Brookdale Senior Living,
• Extendicare Inc.,
• Genesis HealthCare,
• Pride Mobility Products Corporation, and
• GN Resound Group

The global Elder Care Services Assistive Devices market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects.

Key regions covered in the report:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East Africa

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Day programs are meant for providing activity centers and monitoring services for elders. Such programs benefit from the growing inclination among elders toward staying in homes for a longer duration. Presently, about 4,000 day program centers are run in the U.S., which can cater to over 15,000 elders.

Emergen Research has segmented the global elder care services assistive devices market in terms of offering, end-user, and region:

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
  2. Living Aids
     • Hearing Aids
     • Vision Speech Aids
  3. Assistive Furniture
     • Assistive Beds
     • Door Openers
     • Riser Reclining Chairs
     • Others
  4. Bathroom Safety Equipment
     • Shower Rooms
     • Commode Chairs
     • Ostomy Devices
     • Bars, Grips Rails
  5. Others

End-user Outlook (Revenue, USD Billion; 2017–2027)

• Hospitals
• Homecare Settings
• Nursing Homes
• Rehabilitation Centers

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