Global Elderly And Disabled Assistive Devices Market is estimated to be valued at USD 30.32 Bn in 2025 and is expected to reach USD 51.67 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 30.32 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
7.90%
2032 Value Projection:
USD 51.67 Bn
Figure. Elderly And Disabled Assistive Devices Market Share (%), By Region 2025
Due to rapidly aging population worldwide, there has been huge demand for devices that help senior citizens and people with disabilities to live independently. Assistive devices range from daily living aids to complex medical equipment. Mobility aids like walkers, wheelchairs and scooters are widely used by elderly people with limited physical abilities. Monitoring devices help family members take care of their needs remotely. Technological advancements make assistive solutions more affordable and effective at improving quality of life. Due to rising lifestyle diseases and medical costs, assistive products provide cost-effective alternatives to institutionalization. With better awareness and supportive policies, the can witness growth in the near future.
Market Dynamics:
Global elderly and disabled assistive devices market growth is driven by factors such as rising geriatric population, increasing cases of disabilities caused by accidents or lifestyle diseases, growing health awareness and emphasis on independent living. However, issues such as high cost of sophisticated devices, lack of social and physical infrastructure in poor regions, and inadequate reimbursement policies can hamper the market growth. Ongoing innovations in medical technology, expansion of online sales and remote healthcare can offer new growth opportunities. Collaboration with healthcare providers and supported living facilities can offer opportunities for market players.
Key Features of the Study:
This report provides in-depth analysis of the global elderly and disabled assistive devices market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global elderly and disabled assistive devices market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Invacare, Sunrise Medical, Drive Medical, Medline Industries, GF Health Products, and Benmor Medical
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global elderly and disabled assistive devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global elderly and disabled assistive devices market
Detailed Segmentation-
By Device Type
Medical Mobility Aids and Ambulatory Devices
Medical Furniture and Bathroom Safety Products
Hearing Aids
Vision and Reading Aids
By End User
Hospital
Home Care Settings
Nursing Homes
Assisted Living Facilities
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
AI Squared
Drive Medical
GN Resound Group
Invacare
Nordic Capital
Pride Mobility Products Corporation
Siemens Ltd.
Sonova Holding AG
Starkey hearing technologies
William Demant Holding A/S
GF Health Products, Inc.
Magic Mobility Ltd.
MEYRA GmbH
Audina Hearing Instruments, Inc.
Handicare Group AB
Enabling Technologies
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Device Type
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter's Analysis
4. Global Elderly and Disabled Assistive Devices Market - Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 Impact on the Market
5. Global Elderly and Disabled Assistive Devices Market, By Device Type, 2020 - 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Medical Mobility Aids and Ambulatory Devices
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Medical Furniture and Bathroom Safety Products
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Hearing Aids
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Vision and Reading Aids
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Elderly and Disabled Assistive Devices Market, By End User, 2020 - 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hospital
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Home Care Settings
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Nursing Homes
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Assisted Living Facilities
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Elderly and Disabled Assistive Devices Market, By Region, 2020 - 2032, (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021-2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020 - 2032, (USD Bn)