Disability Devices Market Size, Trends | Forecast (2022 - 27)
Market Overview:
Over the forecast period, 2022–2027, the market for disability devices is anticipated to grow at a CAGR of about 5.6%.
The market for disability devices has been severely impacted by the COVID-19 pandemic. People with disabilities who depend on support for daily living may find themselves isolated and unable to survive during lockdown measures, according to a United Nations article published in April 2020 titled “Covid-19 And The Rights Of Persons With Disabilities: Guidance,” while those living in institutions are particularly vulnerable, as evidenced by the overwhelming number of deaths in residential care homes and psychiatric facilities.
Therefore, during the pandemic, a number of actions were suggested to improve services for the disabled. For example, according to a World Health Organization (WHO) 2020 article titled “Disability considerations during the COVID-19 outbreak,” steps must be taken to guarantee that individuals with disabilities always have access to the healthcare services and public health information they need, including during the COVID-19 outbreak. This suggests that during the pandemic phase, demand for disability devices is likely to rise, positively affecting market expansion.
Scope of the Report:
According to the purview of the report, disability aids are used to enhance general wellbeing, participate more easily in activities, and improve functioning. The market is divided into end users (home care settings, hospitals, ambulatory care centres, and rehabilitation centres), device type (vision aids, hearing aids, mobility aids, and other device types), and geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America). The market report also includes projected market sizes and trends for 17 different nations in the world’s major geographical regions. The report provides the value for the aforementioned segments (in USD million).
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