Elder Care Services & Assistive Devices Market | Analyzing Growth in information and communication Industry

The Global Elder Care Services & Assistive Devices Market research study published by Emergen Research is an extensive collection of insightful information about the Elder Care Services & Assistive Devices industry. The report covers the Elder Care Services and Assistive Devices Market division alongside a nitty gritty framework of the Elder Care Services and Assistive Devices market size concerning volume and valuation. The report gives extensive inclusion of the Elder Care Services and Assistive Devices market situation for the ongoing time frame and figure course of events of 2020-2027. The Elder Care Services and Assistive Devices market report contains a top to bottom investigation of the authentic, current, and extended incomes for each industry vertical, section, end-use businesses, applications, and areas.

Scientists have adopted an all encompassing strategy towards the worldwide market examination and featured the elements that impact the general development of the market. The review includes the utilization of proficient scientific apparatuses like SWOT examination and Porter’s Five Forces to assess the qualities, shortcomings, open doors, and dangers related with the development of the different market sections. The report gives critical subtleties, for example, the pieces of the pie of the central members, which assist the peruser with achieving an extensive viewpoint of the Elder Care Services and Assistive Devices market.

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The report further reveals insight into the arising useful learning experiences, challenges, market dangers, limits, and factors liable to confine the development of the Elder Care Services and Assistive Devices market. The report further talks about exhaustively the market in worldwide waters and the arising patterns in those locales. It likewise offers bits of knowledge into the cutthroat scene, market drivers, modern situation, and the most recent item and mechanical improvements to offer a complete outline of the Elder Care Services and Assistive Devices market scene.

Some of the key participants in this industry include:

  • Invacare Corporation,
  • Ai Squared,
  • Siemens Healthineers,
  • Sonova Holding AG,
  • Cochlear Limited,
  • Brookdale Senior Living,
  • Extendicare Inc.,
  • Genesis HealthCare,
  • Pride Mobility Products Corporation, and
  • GN Resound Group

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

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In December 2020, Genesis HealthCare made an announcement about purchase of Sun Healthcare Group Inc., a firm involved in providing elder care services. SunBridge Healthcare, LLC, a subsidiary of Sun Healthcare Group Inc., manages nursing facilities, behavioral health centers, and assisted and independent living centers in 23 states of the US.

Emergen Research has segmented the global elder care services & assistive devices market in terms of offering, end-user, and region:

Offering Outlook (Revenue, USD Billion; 2017–2027)

  • Services
    1. Home Healthcare
    2. Adult Day Services
    3. Institutional Care
  • Assisted Devices
    1. Mobile Assistance Devices
      • Wheelchairs
      • Mobility Scooters
      • Others
    2. Living Aids
      • Hearing Aids
      • Vision & Speech Aids
    3. Assistive Furniture
      • Assistive Beds
      • Door Openers
      • Riser Reclining Chairs
      • Others
    4. Bathroom Safety Equipment
      • Shower Rooms
      • Commode Chairs
      • Ostomy Devices
      • Bars, Grips & Rails
    5. Others

End-user Outlook (Revenue, USD Billion; 2017–2027)

  • Hospitals
  • Homecare Settings
  • Nursing Homes
  • Rehabilitation Centers

The report addresses the following key points:

  • The report estimates the expected market size from 2020-2027
  • The report provides a forecast of market drivers, restraints, and future opportunities for the Elder Care Services & Assistive Devices market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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