Assistive Technologies For Visual Impairment Market Is Driven By Rapidly Growing Visually Impaired Population Across The Globe

Steven Burnett
Steven Burnett

Updated · Jul 2, 2019

SHARE:

News.Market.us is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more.
close
Advertiser Disclosure

At Market.us News, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Our data is available to the public free of charge, and we encourage you to use it to inform your personal or business decisions. If you choose to republish our data on your own website, we simply ask that you provide a proper citation or link back to the respective page on Market.us News. We appreciate your support and look forward to continuing to provide valuable insights for our audience.

Assistive technology is a term which can be defined as a group of adaptive, assistive and rehabilitative components intended for people suffering from various disabilities or geriatric population although includes the technique used in selecting, locating and utilizing them. Individuals with various disabilities usually face various difficulties while executing activities of daily living (ADLs) individually or even with assistance. ADLs include self-care activities such as eating, bathing, toileting, ambulation (walking, sitting, standing, etc.), hence assistive technology aids to overcome these disabilities to a certain extent and supports to execute ADLs. In addition, assistive technology helps people to become less dependent to perform their tasks, as they were previously unable to complete.

Increasing prevalence of various vision-related severe diseases across the globe is one of the major aspect driving growth of the global market. Various nonprofit organizations and healthcare agencies across the globe offering funds for organizing awareness campaigns and assistance to deal with visual impairment issues globally. In addition, increasing consciousness regarding visual impairment among individuals can be attributed to proactive social media and digital platforms which is resulting in increased utilization of low-vision and mobility devices for personal use. Aforementioned aspects are propelling growth of the assistive technologies for visual impairment market. Increasing geriatric population which is more prone to eye-related disorders, which may include low vision or blindness due to chronic disease such as diabetes. This is another aspect fueling demand for assistive technologies and supporting global market growth.



However, the high cost associated with these technologies is a major aspect which may impact the demand and challenge growth of the global assistive technologies for visual impairment market.

The type of assistive technologies for visual impairment can be divided into, braille displays, note takers and magnifiers. One of the major benefits offered by braille displays is it aids to bridging the digital gap among the visibly abled and disabled. These displays are used as locating devices and well-equipped with navigation tools which aids to track blind people and ensuring their safety at crowded places.

trending_up Total Revenue in 2018

$113.8 Mn

trending_up Market CAGR of the Next Ten Years

4.6%

no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028
Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.
  • By Type
  • By Region
  • By Application
no_encryption Leading Companies Financial Highlights
Purchase this report or a membership to unlock the leading companies financial highlights for this industry.

trending_up Market Revenue of the Next Ten Years

$177.9 Mn

The end user of assistive technologies for visual impairment includes blind people and low vision people. Assistive technologies are becoming more popular among blind people, as it aids to carry out their day-to-day activities independently and efficiently. Hence increasing blind population across the globe supporting growth of the assistive technologies for visual impairment market.

North America dominating the assistive technologies for visually impaired market and maintain its dominance in the next ten years. This can be attributed to well-establishment of the healthcare industry in this region and technological developments in software and devices that are used to assist the visually impaired population. Growing demand for assistive technologies for visual impairment in Europe can be attributed to the increasing prevalence of eye-related disorders. Assistive technologies for the visually impaired market in Asia Pacific is growing significantly which can be attributed to growing visually impaired population in this region.

Major players operating in the global market are Nordson, MEurope & AmericasSHI, SMART VISION, IEI, TENSUN, SAEJONG, Lampda, Venison, TWIN, XUTONG AUTOMATION, Second Automatic Equipment, Dexin, Shihao, Tianhao, and DAHENG.

SHARE:
Steven Burnett

Steven Burnett

Steven Burnett has over 15 years of experience spanning a wide range of industries and domains. He has a flair for collating statistical data through extensive research practices, and is well-versed in generating industry-specific reports that enables his clients to better comprehend a market’s landscape and aid in making well-informed decisions. His hobbies include playing football and the guitar.