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Assistive technology devices are equipment, products, or devices that help disabled individuals improve, increase, or maintain their functional abilities. Surgically implantable medical devices are not part of this category. Disabled people use assistive technology devices that can be software, hardware, or stand-alone devices. There are several types of assistive technology devices available to address the various functional capabilities of people with disabilities. These devices are designed to assist with vocational aids, assistive listening, daily living aids, and environmental aids, mobility aids, learning and academic aids, and other applications. The increasing adoption of digitalization across healthcare sector is projected to boost the sales growth of the global assistive technology devices market during the forecast period, set between 2021 and 2031.
The assistive technology devices market is segmented on the basis of product type, end user, and regions. In terms of product type, the market is grouped into sensory aids, reading aids, hearing aids & vision, mobility aids, and others. Further categorization of end user segment is grouped into home care settings, hospitals, and others.
The research report on assistive technology devices market provides a 365 degree overview of the market and its growth trajectories including drivers, restraints, challenges, and future opportunities. It also highlights the key innovations that made positive contribution to the market in terms of revenue generation. The impact of the novel COVID19 pandemic is also discussed in the report. List of the notable players and their key contributions in the form of innovations and system upgrades is also discussed in details.
The nature of the global assistive technology devices market is competitive on account of the presence of a multiple players. Leading players in the global assistive technology device market are focusing on adopting multiple growth strategies, such as new product launches or quality control, joint ventures, and collaborations to reach for the top position in the overall market competition. Other players are investing in R&D activities to ensure their brand position in the overall market competition.
Some of the key players of the global Assistive Technology (AT) Devices market include:
Assistive technology devices assist disabled people in performing daily tasks such as dressing, cooking, and eating, and they help them become self-sufficient. Assistive technology devices aid in the treatment of impairments and supplementary health conditions. Government initiatives to help develop national programs and policies for assistive devices and technologies, with a focus on human resource development, are expected to boost the sales projections of the global assistive technology devices market during the forecast period. Major factors driving the global assistive technology devices market include advancements in health care facilities, an increase in collaborative efforts between health care providers and insurance companies, and increased awareness about assistive technology devices.
Regionwise, the global assistive technology devices market is widespread into the regions of North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Among these, North America emerged dominant on account of the presence of major players, coupled with the rising expenditure on healthcare. Additionally Asia Pacific and Europe may witness lucrative growth opportunities in the forecast period on account of the rising disposable incomes of people and their willingness to spend on better medical facilities. The presence of high population and increasing popularity of mobility devices will also help these regions gain significant impetus in the coming years.
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Assistive Technology (AT) Devices Market
