Industry: Healthcare | Publish Date: 12-Dec-2023 | No of Pages: 133 | No. of Tables: 99 | No. of Figures: 64 | Format: PDF | Report Code : N/A
The Japan Disabled & Elderly Assistive Device Market size was valued at USD 2.08 billion in 2023, and is predicted to reach USD 3.01 billion by 2030, with a CAGR of 5.3% from 2024 to 2030. The Japan disabled & assistive technology industry empowers individuals with disabilities and older adults to achieve greater independence and enhance their quality of life through the creation of specialized tools and systems.
Encompassing a wide range of devices and software, it caters to physical, sensory, cognitive, and developmental limitations. This industry, at the crossroads of healthcare, technology, and accessibility, gives rise to innovative solutions such as mobility aids, communication devices, and home automation systems. Fueled by an aging population, technological breakthroughs, and regulatory reforms, it prioritizes inclusivity and continuously adapts to address evolving needs.
Japan's aging population is a significant demographic shift that is having a critical impact on the country's assistive device industry. The declining birth rate and increasing life expectancy have led to a growing proportion of elderly individuals in the population, creating a strong demand for assistive devices that cater to their unique needs. This presents both challenges and opportunities for the assistive device industry, as companies must strive to develop innovative and affordable solutions to address the needs of Japan's aging population.
Japanese governments are expanding their support for older adults, fueling the expansion of the assistive device industry serving people with disabilities and seniors. Acknowledging the critical importance of comprehensive care and support for their aging populations, governments are prioritizing the development and utilization of assistive technologies designed specifically for the needs of older adults.
The high cost of assistive technology often makes them inaccessible to many people, especially those in developing and underdeveloped countries with low or fixed incomes. This lack of access creates a major barrier for a large portion of the population, preventing them from benefiting from these transformative tools. Additionally, a widespread lack of awareness among individuals, caregivers, and even healthcare professionals about the range and benefits of assistive technologies contributes to their underutilization.
Assistive technology is undergoing more personalized, accessible, and effective tools than ever before. This transformation is fueled by the remarkable strides in artificial intelligence (AI) and machine learning (ML), which are enabling assistive devices to be meticulously tailored to individual requirements and effortlessly adapt to evolving circumstances. The Internet of Things (IoT) and smart home systems are also empowering users to exercise greater control over their surroundings, fostering a newfound level of independence.
Wearable devices and sensors are continuously monitoring health metrics, providing users with invaluable insights that can guide their self-care practices and overall well-being. Robotics-powered mobility aids and exoskeletons are augmenting physical capabilities, while augmented reality (AR) and virtual reality (VR) technologies are revolutionizing training and rehabilitation programs. These groundbreaking innovations are reshaping the assistive technology landscape, expanding the range and efficacy of solutions while making them more accessible to those who need them most.
Various market players operating in the Japan disabled & elderly assistive device industry include Invacare Corporation, Sunrise Medical LLC, Bausch & Lomb, Inc., Permobil AB, Siemens Healthcare, Freedom Scientific, Inc., William Demant Holding A/S, Starkey Hearing Technologies, GN ReSound Group, Ai Squared, Blue Chip Medical Products, Inc., MED-EL, Liberator Ltd., Drive Medical Design and Manufacturing, Exact Dynamics B.V., and others.
Living Aids
Hearing Aids
Behind-the-ear Aids (BTE)
Receiver-in-the-Ear Aids (RITE)
In-the-Ear Aids (ITE)
Bone Anchored Hearing Aids (BAHA)
Canal Hearing Aids
Cochlear Implants
Reading and Vision Aids
Braille Translators
Video Magnifiers
Reading Machines
Others
Mobility Aids
Walkers & Rollators
Canes & Walking Sticks
Crutches
Transfer Lifts or Patient Mechanical Lift Handling
Door Openers
Others
Medical Furniture
Medical Beds
Door Openers
Medical Furniture Accessories
Riser Reclining Chairs
Others
Bathroom Safety Equipment
Shower Chairs
Commodes
Ostomy Products
Bars, Grips, & Rails
Hospitals
Elderly Nursing Homes
Home Care
Other End Users
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 2.08 Billion |
Revenue Forecast in 2030 |
USD 3.01 Billion |
Growth Rate |
CAGR of 5.3% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
Rising aging population is driving the growth of assistive device industry Government support further creates the growth of assistive device industry |
Companies Profiled |
15 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
Sunrise Medical LLC
Bausch And Lomb, Inc.
Permobil AB
Siemens Healthcare
Freedom Scientific, Inc.
William Demant Holding A/S
Starkey Hearing Technologies
GN Resound Group
MED-EL
Liberator Ltd.