Technology

Assistive Know-how Market to register a development of USD 7.93 billion | Demant AS and Drive DeVilbiss Healthcare are the Key Distributors

Key distributors insights

The assistive know-how market is fragmented. Distributors out there are competing by offering options which can be appropriate for the native environmental circumstances and necessities of end-users.

The assistive know-how market is led by a number of well-established gamers, together with Demant AS, Drive DeVilbiss Healthcare, GF Well being Merchandise Inc., GN Retailer Nord AS, Invacare Corp., MED-EL Elektromedizinische Gerate GmbH, Medline Industries Inc., Permobil AB, Sonova Holding AG, and Dawn Medical LLC amongst others. They compete primarily based on elements resembling operational price, innovation, value, and product high quality. As well as, firms are specializing in reaching a aggressive edge by introducing new applied sciences and rising their margins in response to altering market circumstances within the end-use industries.

Product choices

  • Demant AS – The corporate is concerned within the improvement, manufacturing, and gross sales of merchandise and tools that assist folks with listening to loss join and talk with different folks. A few of the listening to help units supplied by the corporate are Oticon, Bernafon, and Sonic.
  • Drive DeVilbiss Healthcare – The corporate manufactures and gives electrically operated affected person lifts resembling Samsoft 175 V2 Lifter.
  • GF Well being Merchandise Inc. – The corporate gives a variety of assistive know-how merchandise resembling folding walkers, non-folding walkers, healthcare seating.
  • GN Retailer Nord AS – The corporate is concerned within the improvement, manufacturing, and gross sales of modern audio units internationally.

For extra highlights on merchandise choices and the expansion methods adopted by the distributors, Obtain a pattern report

Father or mother Market Outlook

The expansion of the worldwide healthcare know-how market shall be pushed by elements that can impression the healthcare market and the IT spending market. A few of the elements embody steady strain to cut back prices, improved care via know-how, linked well being, and rising life expectancy.

Assistive Know-how Market development

  • Adoption of listening to aids with rechargeable batteries

The adoption of listening to aids with rechargeable batteries is a development out there. These batteries embody lithium-ion chargeable batteries and zinc rechargeable batteries. They will supply extra energy than conventional rechargeable batteries and may serve a lifetime for listening to aids. These batteries are non-toxic and non-flammable. Furthermore, distributors and corporations are specializing in making silver-zinc rechargeable batteries which can be thought of protected for the surroundings and the person.

Geography

  • North America
  • Europe
  • Asia
  • ROW

North America holds the main place with 34% of the market share development. The US is a key market in North America. The expansion of superior healthcare amenities and rising healthcare spending will facilitate the assistive know-how market development in North America over the forecast interval.

View a report pattern for intensive insights on key market Drivers, Developments, and Challenges influencing the market.

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Do attain out to our analysts for a extra custom-made report as per your wants. Converse to our Analyst now!

Assistive Know-how Market Scope

Report Protection

Particulars

Web page quantity

120

Base yr

2020

Forecast interval

2021-2025

Progress momentum & CAGR

Speed up at a CAGR of seven.26%

Market development 2021-2025

USD 7.93 billion

Market construction

Fragmented

YoY development (%)

3.39

Regional evaluation

North America, Europe, Asia, and ROW

Performing market contribution

North America at 34%

Key client international locations

US, Germany, Japan, UK, and France

Aggressive panorama

Main firms, Aggressive methods, Shopper engagement scope

Key firms profiled

Boundless Assistive Know-how LLC, Demant AS, Drive DeVilbiss Healthcare, GF Well being Merchandise Inc., GN Retailer Nord AS, Hoveround Corp., Invacare Corp., Karma Medical Merchandise Co. LTD., MED-EL Elektromedizinische Gerate GmbH, Medline Industries Inc., NOVA Medical Merchandise, Ossenberg GmbH, Ostrich Mobility Devices Pvt. Ltd., Ottobock SE & Co. KGaA, Permobil AB, Persona Medical, Delight Mobility Merchandise Corp., Roma Medical, Sonova Holding AG, and Dawn Medical LLC

Market dynamics

Father or mother market evaluation, Market development inducers and obstacles, Quick-growing and slow-growing phase evaluation, COVID 19 impression and restoration evaluation and future client dynamics, Market situation evaluation for the forecast interval

Customization purview

If our report has not included the information that you’re in search of, you may attain out to our analysts and get segments custom-made.

Desk of Contents

Govt Abstract

Market Panorama

  • Market ecosystem
  • Market Traits
  • Worth chain evaluation

Market Sizing

  • Market definition
  • Market phase evaluation
  • Market dimension 2020
  • Market outlook: Forecast for 2020 – 2025

5 Forces Evaluation

  • 5 forces abstract
  • Bargaining energy of consumers
  • Bargaining energy of suppliers
  • Risk of recent entrants
  • Risk of substitutes
  • Risk of rivalry
  • Market situation

Market Segmentation by Gadget

  • Market segments
  • Comparability by Gadget
  • Sensory aids – Market dimension and forecast 2020-2025
  • Mobility aids – Market dimension and forecast 2020-2025
  • Others – Market dimension and forecast 2020-2025
  • Market alternative by Gadget

Buyer panorama

Geographic Panorama

  • Geographic segmentation
  • Geographic comparability
  • North America – Market dimension and forecast 2020-2025
  • Europe – Market dimension and forecast 2020-2025
  • Asia – Market dimension and forecast 2020-2025
  • ROW – Market dimension and forecast 2020-2025
  • Key main international locations
  • Market alternative by geography
  • Market drivers
  • Market challenges
  • Market traits

Vendor Panorama

  • Vendor panorama
  • Aggressive State of affairs
  • Panorama disruption

Vendor Evaluation

  • Distributors coated
  • Market positioning of distributors
  • Demant AS
  • Drive DeVilbiss Healthcare
  • GF Well being Merchandise Inc.
  • GN Retailer Nord AS
  • Invacare Corp.
  • MED-EL Elektromedizinische Gerate GmbH
  • Medline Industries Inc.
  • Permobil AB
  • Sonova Holding AG
  • Dawn Medical LLC

Appendix

  • Scope of the report
  • Foreign money conversion charges for US$
  • Analysis methodology
  • Listing of abbreviations

About Technavio
Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and offers actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions.

With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 reviews and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.

Contacts
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SOURCE Technavio

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