Elder Care Services & Assistive Devices Market Statistics, Business Opportunities, Competitive Landscape and Industry Analysis Report by 2027
The Elder Care Services & Assistive Devices market is estimated to gain momentum due to the increasing elderly population across the globe,
which is encouraging demand for improved healthcare services. Additionally, the population of people in the age group 65 years and more is estimated to grow up to 1.5 billion by 2050 from 524 million in 2010. This increase in the geriatric population globally, especially in developing countries, is encouraging the adoption of advanced healthcare in order to improve their life expectancy.
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Top Key participants in the elder care services & assistive devices market include: Ai Squared, Invacare Corporation, Siemens Healthineers, Cochlear Limited, Sonova Holding AG, Brookdale Senior Living, Genesis HealthCare, Extendicare Inc., GN Resound Group, and Pride Mobility Products Corporation.
Key Highlights of Report
In December 2020, Genesis HealthCare acquired Sun Healthcare Group Inc. Through this acquisition, the parent company reinforced its strategy for business expansion across the globe.
Emergen Research has segmented the global elder care services & assistive devices market in terms of offering, end-user, and region:
- Regional Outlook (Revenue, USD Billion; 2017–2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
- North America
The study performs a historical assessment of theelder care services & assistive devicesfrom 2020 to 2027, focusing on the market trends, revenue share, growth rate, production capacity, pricing structure, and other vital aspects during that period.The report emphasizes the demands and ongoing trends of the globalelder care services & assistive devicesmarket, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report