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Global assistive technologies for visually impaired market is expected to reach USD 3,400.56 Million in 2017 to USD 6,570.89 Million by 2025 at a CAGR of 8.74% from 2018 to 2025. The key contributing factor for the market growth are growing cases of visual impairment and blindness, rise in elderly population and government initiatives to promote quality of life are some of the factors driving the growth of the market.
Market Overview:
Assistive technologies are devices, which are used to improve and maintain functional abilities of people with vision impairment. Assistive technology equipment include standalone devices, hardware, or software. Several types of assistive technologies are available in the market for visually impaired to address different conditions. These devices are manufactured to support mobility aids, learning & academic aids, and others. They enable people to become self-dependent for various day to day activities. Devices which make them comfortable, independent and easy are classified as assistive technologies. According to the United Nations (UN) report, the global population aged 60 years or over was around 962 million in 2017. It is expected to reach 2,100 million by 2050. Increase in the geriatric population is propelling the demand for assistive technologies for visually impaired people.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Assistive technologies for visually impaired Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The assistive technologies for visually impaired market is segmented on the basis of product and end user.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global assistive technologies for visually impaired market with USD 1,574.54 Million in 2017 where as the Asia Pacific region held the second dominant position in the market.
Global Assistive Technologies for Visually Impaired Market Competitive Analysis:
Key players in the assistive technologies for visually impaired market are Cambium Learning, Access Ingenuity, VFO, Dolphin Computer Access Ltd., Amedia Corporation, HumanWare Group, Access Ingenuity, LVI Low Vision International, VisionCue, TQM, Eurobraille, Brailletec, BAUM Retec, OrCam and others. In 2017, OrCam, launched OrCam MyEye blind assistive technology device. This device requires very simple commands to operate device’s camera which can view products, text and communicates what it “sees” to the user via a mini earpiece.
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Scope
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Key Points |
Information |
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Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Million) {Market Size} |
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USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
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Base Year |
2017 |
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Historical Years |
2015-2017 |
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Forecast Period |
2018-2025 |
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Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
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Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global assistive technologies for visually impaired market on the basis of below mentioned segments:
Global Assistive Technologies for Visually Impaired Market, By Product:
Global Assistive Technologies for Visually Impaired Market, By End User:
Global Assistive Technologies for Visually Impaired Market, By Regions:
List of Table
List of Figures
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Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –
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Thank You in Advance
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Thanks for the report. We've been going through it and see some good data on the market and players.
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