Assistive Technology Market Will Showcase Positive Impact During 2020-2024 | Increasing Orthopedic Disorders to Boost the Market Growth | Technavio | Business
LONDON–(BUSINESS WIRE)–Oct 9, 2020–
Technavio has been monitoring the assistive technology market and it is poised to grow by USD 8.39 bn during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Global Assistive Technology Market 2020-2024 (Graphic: Business Wire)
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Demant AS, GF Health Products, Inc., GN Store Nord AS, Invacare Corp., MED-EL Elektromedizinische Geräte GmbH, Medical Depot Inc., Medline Industries Inc., Permobil AB, Sonova Holding AG, and Sunrise Medical (US) LLC are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions