GITNUX MARKETDATA REPORT 2024
Assistive Technology Industry Statistics
The assistive technology industry is expected to continue growing as the global population ages and demand for accessibility solutions increases.
In this post, we will explore a plethora of compelling statistics that shed light on the dynamic landscape of the assistive technology industry. From market size figures and growth projections to regional trends and specific segments within the industry, these statistics provide valuable insights into the expanding role of assistive technology in addressing various needs and challenges faced by individuals with disabilities and seniors globally.
Statistic 1
"The global assistive technology market size was valued at USD 14.1 billion in 2020."
Statistic 2
"The assistive technology sector is anticipated to grow at a Compounded Annual Growth Rate of over 7% from 2021 to 2028."
Statistic 3
"The mobility aid & transportation equipment segment accounted for a significant revenue share in 2020."
Statistic 4
"In the countries like UK, 84% of the elderly people leverage assistive technology for living independently."
Statistic 5
"The educational segment of Assistive Technology Industry is projected to reach a massive value of $16.85 billion by 2025."
Statistic 6
"Statistics show the older population (60 years and above) in Asia is expected to triple from 549 million to 1.3 billion by 2050, a factor expected to boost the industry."
Statistic 7
"The US has the highest percentage of chronic diseases, and it is predicted that by 2030, approximately 150.63 million individuals will have one or more chronic conditions, effectively propelling the assistive technology industry."
Statistic 8
"The adoption of assistive technology in rehabilitation centers was valued at USD 2.55 billion in 2020."
Statistic 9
"In 2019, visual impairment accounted for the second-largest revenue share in the assistive technologies industry."
Statistic 10
"The market for hearing aids devices is expected to reach $11.02 billion by 2028 at a CAGR of 7.4%."
Statistic 11
"North America held the largest revenue share of 35.1% in the assistive technologies market in 2020."
Statistic 12
"Adoption of wheelchairs for mobility purpose was valued at approximately USD 6.1 billion in 2017."
Statistic 13
"In the UK, the assistive technology industry grows by an average of 8% per year."
Statistic 14
"As of 2021, about 15% of the world's population has some form of disability, contributing to the growth of the assistive technology industry."
Statistic 15
"The Asia Pacific assistive technology market is expected to reach $5 billion by 2026."
Statistic 16
"The market size for Assistive Technology products for individuals with autism was $133.57 Million in 2019."
Statistic 17
"The market for assistive technology products for individuals with learning disabilities is expected to reach $40 billion by 2025."
Statistic 18
"In Canada, around 81.1% of people thought assistive technologies could help prolong independent living."
Statistic 19
"The speech and voice recognition market, which helps in assistive technologies, is projected to reach $31.82 billion by 2025."
Jannik Lindner
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