Get In Touch

Growing Healthcare Initiatives Undertaken by Government and NGOs to Fuel Development of Global Assistive Technologies for Virtually Impaired Market

The global assistive technologies for visually impaired market is projected to achieve a considerable valuation in the next few years of the given forecast period. In last few years, the eye health sector across the globe has been giving prime importance to the requirements and demands of blind people and has hence led to increased production of different devices for the aid of visually impaired people. With the constant advancements in technology, more and more assistive technologies for visually impaired are coming in market for the betterment of lives of these people. The global assistive technologies for visually impaired market is projected to reach a valuation of US$7,100 mn by the end of 2026. This growth is driven by an impressive CAGR of 8.5% during this forecast period of 2018 to 2026. Initially the global market was valued at US$3,400 mn in the year 2017.

assistive technologies visually impaired market

Product Development Key for Market Players

The global assistive technologies for visually impaired market features a fragmented landscape due to the presence of several key players. These leading companies in the global market are constantly striving for increasing their user base with the help of new technologies and products. Naturally, the competition in market quite high and is working in favor of the development of the global market. For instance, In August 2017, Humanware Group announced that the company has launched a new addition to its flagship explor? line that includes explor? 3, explor? 5, and the latest explore 8. These are new and more powerful portable handheld magnifier.

Some of the leading companies in the global assistive technologies for visually impaired market include names such as VFO, LVI Low Vision International, Nippon Telesoft, Humanware Group, and Dolphin Computer Access Ltd. among others.

There are several reasons behind the fast-paced development of the global assistive technologies for visually impaired market. One of the biggest reasons behind the market growth has been the initiatives undertaken by the healthcare agencies, non-profit organizations, and the NGOs operating across the globe for the betterment of life of visually impaired people with the help of technology. With the growing awareness and assistance campaigns undertaken by these organization, the spread of the assistive technologies for visually impaired market has been growing at a rapid pace. This has thus been the key driving factor for the development of the global assistive technologies for visually impaired market.

North America to Remain as Leading Segment

The global assistive technologies for visually impaired market has five main regions that provide the reader with the intricate details of the working dynamics of the regional landscape. These regions are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Of these, currently, the global assistive technologies for visually impaired market is expected to be dominated by the regional segment of Asia Pacific. The regional segment is projected to showcase an impressive CAGR of 9.5% during the mentioned period of forecast.

Market Segmentation as Follows:

Product

  • Educational Devices and Software Mobility Devices
  • Low Vision Devices

End Use

  • Blind Schools
  • Enterprise and Social Organizations
  • Personal Use
  • Federation
  • Hospitals

Region

  • North America
  • Latin America
  • Middle East and Africa
  • Europe
  • Asia Pacific

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact Us

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

7 of 10 large enterprizes view our ToC to take the right decision.

View Report ToC