Elder Care Services & Assistive Devices Market Emerging Trends and Future Outlook Research Report 2021-2027
The research report on the Elder Care Services & Assistive Devices market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Elder Care Services & Assistive Devices business sphere.
Issues with mobility, hearing, and vision may pose serious peril to elders if left unattended. Usage of technologies is considered to be of immense importance in elderly care, for instance, emergency response service (ERS) equipped with global positioning system (GPS) is beneficial in tracking the location of elders and fetching assistance at the earliest, in case of emergency. According to a survey, about 68.0% of elders find technology to be beneficial in health improvement, while 61.0% seek implementation of new technologies for their care.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Elder Care Services & Assistive Devices market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Elder Care Services & Assistive Devices market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Elder Care Services & Assistive Devices market.
The report also discusses the key players involved in the market such as 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
as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
Segmental Analysis
The global Elder Care Services & Assistive Devices market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Elder Care Services & Assistive Devices sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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Elder Care Services & Assistive Devices segmentation based on product types: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 Home Healthcare Adult Day Services Institutional Care Assisted Devices 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 Analysis of the Elder Care Services & Assistive Devices Market:
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) Radical Highlights of the Elder Care Services & Assistive Devices Market Report:
Comprehensive overview of the Elder Care Services & Assistive Devices market along with analysis of the changing dynamics of the market Growth Assessment of various market segments throughout the forecast period Regional and global analysis of the market players, including their market share and global position Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market Impact of the technological developments and R&D advancements on the Elder Care Services & Assistive Devices market Information about profit-making strategies and developmental strategies of major companies and manufacturers Insightful information for the new entrants willing to enter the market Details and insights about business expansion strategies, product launches, and other collaborations The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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