Global Elderly and Disabled Assistive Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Service Type;

Wheelchairs, Mobility Scooters, Cranes & Crutches, Walkers & Rollators, Transfer Lifts, Door Openers, and Others.

By Device Type;

Medical Mobility Aids and Ambulatory Devices, Medical Furniture and Bathroom Safety Products, Hearing Aids, and Vision and Reading Aids.

By End Users;

Hospital, Home Care Settings, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn145928752 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Elderly and Disabled Assistive Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Elderly and Disabled Assistive Devices Market was valued at USD 33,122.00 million. The size of this market is expected to increase to USD 50,664.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The global market for elderly and disabled assistive devices is experiencing rapid growth due to the rising aging population, increasing prevalence of disabilities, and technological advancements in assistive technologies. These devices encompass a wide range of products, including mobility aids (e.g., wheelchairs, scooters), hearing aids, vision aids, and daily living aids designed to enhance the quality of life for individuals with impairments. The growing awareness of assistive devices and improved healthcare infrastructure, particularly in developed regions, have further driven the adoption of these products. According to market estimates, the global elderly and disabled assistive devices market is projected to grow at a significant compound annual growth rate (CAGR) in the coming years.

North America and Europe currently dominate the market, owing to their well-established healthcare systems, government initiatives to support assistive technologies, and higher purchasing power among consumers. For instance, countries like the United States have extensive reimbursement policies and funding programs to make these devices accessible. Meanwhile, the Asia-Pacific region is expected to witness the fastest growth due to the aging population in countries such as Japan and China, coupled with increasing investments in healthcare infrastructure and rising disposable incomes. This region’s growing awareness and adoption of assistive technologies are reshaping the market dynamics.

Key players in the market, including Invacare Corporation, Sunrise Medical, and GN Store Nord, are focusing on research and development to introduce innovative and affordable solutions. Emerging technologies like artificial intelligence (AI), IoT-enabled assistive devices, and advanced sensors are transforming the sector, enabling more personalized and efficient care. Despite challenges such as high costs and limited access in low-income regions, the global elderly and disabled assistive devices market holds immense potential for growth as it aligns with global trends of inclusive healthcare and improved accessibility for individuals with disabilities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Service Type
    2. Market Snapshot, By Device Type
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Elderly and Disabled Assistive Devices Market, Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Government Initiatives and Policies
        2. Rising Awareness and Acceptance
      2. Restraints
        1. Technological Complexity and Accessibility Issues
        2. Stigma and Social Perception
      3. Opportunities
        1. Expanding Healthcare Infrastructure
        2. Rising Awareness and Advocacy
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Elderly and Disabled Assistive Devices Market, By Service Type, 2021 - 2031 (USD Million)
      1. Wheelchairsm
      2. Mobility Scooters
      3. Cranes & Crutches
      4. Walkers & Rollators
      5. Transfer Lifts
      6. Door Openers
      7. Others
    2. Global Elderly and Disabled Assistive Devices Market, By Device Type, 2021 - 2031 (USD Million)
      1. Medical Mobility Aids
      2. Ambulatory Devices
      3. Medical Furniture
      4. Bathroom Safety Products
      5. Hearing Aids
      6. Vision and Reading Aids
    3. Global Elderly and Disabled Assistive Devices Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospital
      2. Home Care Settings
      3. Others
    4. Global Elderly and Disabled Assistive Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sunrise Medical LLC
      2. GN ReSound Group
      3. Sonova Holding AG
      4. Starkey Hearing Technologies
      5. William Demant Holding A/S
      6. Drive Medical Design and Manufacturing
      7. Ai Squared
      8. Wintriss Engineering Corporation
      9. Invacare Corporation
  7. Analyst Views
  8. Future Outlook of the Market