Global Elderly and Disabled Assistive Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Service Type;

Wheelchairs, Mobility Scooters, Cranes & Crutches, Walkers & Rollators, Transfer Lifts, Door Openers, and Others

By Device Type;

Medical Mobility Aids & Ambulatory Devices, Medical Furniture & Bathroom Safety Products, Hearing Aids, and Vision & Reading Aids

By Distribution Channel;

Online and Offline

By End Users;

Hospital, Home Care Settings, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn145928752 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Elderly and Disabled Assistive Devices Market (USD Million), 2021 - 2031

Elderly and Disabled Assistive Devices Market was valued at USD 33,122.00 million in the year 2024. The size of this market is expected to increase to USD 50,664.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Global Elderly and Disabled Assistive Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 33,122.00 Million
Market Size (2031)USD 50,664.68 Million
Market ConcentrationMedium
Report Pages377
33,122.00
2024
50,664.68
2031

Major Players

  • Sunrise Medical LLC
  • GN ReSound Group
  • Sonova Holding AG
  • Starkey Hearing Technologies
  • William Demant Holding A/S
  • Drive Medical Design and Manufacturing
  • Ai Squared
  • Wintriss Engineering Corporation
  • Invacare Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Elderly and Disabled Assistive Devices Market

Fragmented - Highly competitive market without dominant players


The Elderly and Disabled Assistive Devices Market is experiencing significant growth, driven by the rising aging population and increasing physical disabilities. Currently, around 20% of the global population lives with some form of disability, creating a substantial demand for mobility aids, including wheelchairs and walking devices. These mobility solutions constitute nearly 40% of the overall assistive devices market, highlighting their vital role in enhancing independence and mobility for the elderly and disabled.

Technological Advancements Shaping the Market
Innovative technologies are transforming this market, introducing smart home solutions, wearable assistive devices, and AI-powered mobility aids. Over 25% of the market's current product offerings now include technology-driven solutions, enhancing user comfort, safety, and convenience. This trend reflects the industry's shift towards smarter, connected devices that support independent living for seniors and individuals with disabilities.

Supportive Government Policies and Healthcare Programs
Government initiatives and supportive policies are significantly boosting this market. Nearly 35% of healthcare programs now integrate assistive devices as part of broader care plans, making these technologies more accessible and affordable for those in need. This support is encouraging innovation and improving overall market reach.

Market Outlook and Growth Potential
With an expanding elderly population and increasing awareness about disability management, the Global Elderly and Disabled Assistive Devices Market is expected to witness sustained growth. Nearly 40% of the market's future potential lies in continued technological innovation and personalized care solutions, presenting a promising opportunity for manufacturers and healthcare providers.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Service Type
    2. Market Snapshot, By Device Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By End Users
    5. Market Snapshot, By Region
  4. Global Elderly and Disabled Assistive Devices Market, Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Government Initiatives and Policies
        2. Rising Awareness and Acceptance
        3. Increased Disability-Related Healthcare Needs
      2. Restraints
        1. Technological Complexity and Accessibility Issues
        2. Stigma and Social Perception
        3. Limited Insurance Coverage for Assistive Products
      3. Opportunities
        1. Expanding Healthcare Infrastructure
        2. Rising Awareness and Advocacy
        3. Integration with Voice-Activated Control Systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Elderly and Disabled Assistive Devices Market, By Service Type, 2021 - 2031 (USD Million)
      1. Wheelchairsm
      2. Mobility Scooters
      3. Cranes & Crutches
      4. Walkers & Rollators
      5. Transfer Lifts
      6. Door Openers
      7. Others
    2. Global Elderly and Disabled Assistive Devices Market, By Device Type, 2021 - 2031 (USD Million)
      1. Medical Mobility Aids
      2. Ambulatory Devices
      3. Medical Furniture
      4. Bathroom Safety Products
      5. Hearing Aids
      6. Vision and Reading Aids
    3. Global Elderly and Disabled Assistive Devices Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online
      2. Offline
    4. Global Elderly and Disabled Assistive Devices Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospital
      2. Home Care Settings
      3. Others
    5. Global Elderly and Disabled Assistive Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sunrise Medical LLC
      2. GN ReSound Group
      3. Sonova Holding AG
      4. Starkey Hearing Technologies
      5. William Demant Holding A/S
      6. Drive Medical Design and Manufacturing
      7. Ai Squared
      8. Wintriss Engineering Corporation
      9. Invacare Corporation
  7. Analyst Views
  8. Future Outlook of the Market