Report Highlights
The U.S. market for assistive technologies is projected to grow from $40.6 billion (including eyeglasses and contact lenses) in 2014 to $43.1 billion in 2015 and $58.3 billion in 2020, with a compound annual growth rate (CAGR) of 6.2% between 2015 and 2020.
Report Includes
- An overview of the markets for disabled and elderly assistive technologies, which encompasses a broad range of devices, from "low-tech" products such as eyeglasses and large-print books to technologically sophisticated products such as voice synthesizers, Braille readers, and wireless monitoring devices.
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of CAGRs through 2020.
- Discussion concerning the markets dynamics, specifically drivers, constraints and opportunities.
- Examination of the industry structure, competition, and market shares.
- Analysis of major product types and applications, both commercial and developmental.
- Comprehensive company profiles of major players.
Report Scope
The goal of the report is to examine market opportunities for assistive technology products that are now on the market or that are likely to enter the market over the rest of the decade. Specific objectives of the report include analyzing the following:
- Major product types and applications, both commercial and developmental.
- Market size and segmentation, including historical data on sales by application and product type.
- Market drivers and constraints.
- Detailed market projections through 2020.
- Industry structure, competition and market shares.
- Factors that may influence the long-term market for assistive technologies.
Analyst Credentials
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
Report Highlights
The U.S. market for assistive technologies is projected to grow from nearly $43.4 billion (including eyeglasses and contact lenses) in 2012 to $45.9 billion in 2013 and nearly $60.5 billion in 2018, a compound annual growth rate (CAGR) of 5.7% between 2013 and 2018.
Report Includes
- An overview of the U.S. market for disabled and elderly assistive technologies, which encompasses a broad range of devices, from "low-tech" products such as eyeglasses and large-print books to technologically sophisticated products such as voice synthesizers, Braille readers, and wireless monitoring devices.
- Analyses of market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
- Discussion of market drivers and constraints.
- Examination of the industry structure, competition, and market shares.
- Comprehensive company profiles of major players.
Report Highlights
The U.S. market for assistive technologies is projected to grow from $39.5 billion (including eyeglasses and contact lenses) in 2010 to $41.1 billion in 2011 and $55 billion in 2016, a compound annual growth rate (CAGR) of 6% between 2011 and 2016.
Report Highlights
- The U.S. market for assistive technology is expected to be worth $38.2 billion in 2008, up from $36.4 billion in 2007. This should increase to $49.3 billion in 2013, a compound annual growth rate (CAGR) of 5.3%.
- The vision and reading aids segment dominates the market, generating $24.9 billion in 2007 and an estimated $26.1 billion in 2008 and $33.3 billion in 2013, a CAGR of 5.0%.
- The communication aids segment is worth $4.4 billion in 2007. This should increase slightly in 2008 and reach $5.4 billion in 2013, for a CAGR of 4.0%.
Report Highlights
-
The U.S. market for assistive technologies is projected to rise from $30.7 billion in 2005 to $39.4 billion in 2010, an AAGR (average annual growth rate) of 5.2%.
-
The market excluding eyeglasses and contacts is estimated at $8.7 billion and rising to $11.3 billion in 2010, an AAGR of 5.4%.
-
The largest market segments after vision and reading aids are daily living aids, mobility aids (expected to drop from 7.2% of the market to 5.7% in 2010) and communication aids.
-
Access aids appear poised to increase their market share from 2.9% in 2004 to 4.3% in 2010.
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