The latest research report by Emergen Research, named Global Elder Care Services Assistive Devices Market - Forecast to 2027, entails a comprehensive review of the global Elder Care Administrations and Assistive Devices market's present and future patterns. The report assembles suitable data on the most settled industry players, deals and dispersion channels, provincial range, assessed piece of the pie and size, and income assessments throughout the conjecture time period. The quantity of people matured 65 years or above overall is assessed to develop from around 524 million out of 2010 to around 1.5 billion by 2050 and emerging nations would represent a greater part of this expansion in older populace.
A huge ascent in future is prompting development of geriatric populace. This, thus, would drive the senior consideration administrations and assistive gadgets market during the gauge time frame. The report investigates the authentic and current market situations to precisely anticipate the worldwide Elder Care Services and Assistive Devices market standpoint over the estimate span (2019-2027). The worldwide senior consideration administrations and assistive gadgets market is projected to be esteemed at USD 1,020.00 Billion by 2027, as indicated by a flow examination by Emergen Research. Old consideration administrations and assistive gadgets are seeing appeal, which can be credited to developing old populace.
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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
Global Elder Care Services Assistive Devices Market Geographical Landscape - Synopsis:
- 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.
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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; 20172027)
- 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
- Mobile Assistance Devices
End-user Outlook (Revenue, USD Billion; 20172027)
- Hospitals
- Homecare Settings
- Nursing Homes
- Rehabilitation Centers
In December 2020, Genesis HealthCare made a declaration about acquisition of Sun Healthcare Group Inc., a firm engaged with giving senior consideration administrations. SunBridge Healthcare, LLC, an auxiliary of Sun Healthcare Group Inc., oversees nursing offices, conduct wellbeing focuses, and helped and free living communities in 23 conditions of the US.
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Elder Care Services Assistive Devices market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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