Press release
Assistive Technologies for Visually Impaired Market - Increase in Demand for Assistive Technologies for Visually Impaired to Propel Market
The global assistive technologies for visually impaired market is driven by rise in prevalence and causes of visual impairment and blindness and increase in per capita health care expenditure. Prevalence of impaired vision is defined as the number of people affected with any kind of vision disorder per 100 people at a given point in time. The prevalence can vary significantly among countries depending on available health and eye care services and socio-economic factors. Rise in prevalence of eye disorders such as glaucoma, diabetic retinopathy, age-related macular degeneration, refractive error, and cataract is projected to increase the number of visually impaired people globally, thereby boosting demand for assistive technologies.
Report Overview: https://www.transparencymarketresearch.com/assistive-technologies-visually-impaired-market.html
The global assistive technologies for visually impaired market was valued at US$ 3,400.0 Mn in 2017 and is anticipated to reach US$ 7,100.0 Mn by 2026, expanding at a CAGR of 8.5% from 2018 to 2026. Increase in awareness about assistive technologies for visually impaired, technological advancements, and rise in target patient population are likely to augment the global market from 2018 to 2026. Surge in government initiatives to promote better facilities to improve quality of life of visually impaired people is expected to drive the global assistive technologies for visually impaired market. However, stringent regulatory requirements is a major factor restraining the global market.
The global assistive technologies for visually impaired market has been segmented based on product, end-user, and region. In terms of product, the global market has been classified into educational devices & software, mobility devices, low vision devices, and others. The educational devices & software segment has been categorized into Braille duplicators and writers, Braille computers, mathematical & science devices, reading machines, and others. The mobility devices segment has been bifurcated into canes and others. The low vision devices segment has been divided into smart glasses, VTS link, magnifying lenses, and others. The market segments have been analyzed based on available product categories in the assistive technologies for visually impaired market, cost-effectiveness, and preference for industries. Based on end-user, the global assistive technologies for visually impaired market has been classified into blind schools, enterprises & social organizations, personal use, federation & hospital, and others. In terms of region, the global assistive technologies for visually impaired market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Based on product, the educational devices & software segment dominated the global assistive technologies for visually impaired market. Rise in demand for Braille duplicators and writers, Braille computers, mathematical & science devices, and reading machines, and increase in government awareness programs in developing economies are expected to fuel the growth of the segment during the forecast period.
Request for the Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=39590
In terms of end-user, the enterprises & social organizations segment dominated the global assistive technologies for visually impaired market. Increase in donations and rise in corporate social responsibilities are likely to drive the enterprises & social organizations segment during the forecast period.
North America accounted for 40.0% share of the global market in 2017. Increase in per capita health care expenditure is expected to fuel the growth of the assistive technologies for visually impaired market in the region. Health care expenditure in the U.S. was 17.6% of the GDP in 2011. Per capita expenditure on health care increased from US$ 8,500 in 2011 to US$ 10,348 in 2016. An increasing number of visually impaired patients in the country has been opting for treatment via assistive technologies. Moreover, rise in disposable income of people in emerging economies such as China and India is likely to enable them to avail better health care facilities. Increase in income, rise in baby boomer and disabled populations, and availability of advanced assistive technologies are expected to encourage health care service providers toward making significant investment in development of advanced assistive technologies to address patient needs, improve operational efficiency, and save both service costs and time.
Major players operating in the global assistive technologies for visually impaired market include VFO, Amedia Corporation, Dolphin Computer Access Ltd., HumanWare Group, Cambium Learning, Access Ingenuity, American Thermoform, and LVI Low Vision International.
Obtain the Report Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=39590
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: amanpreet@tmr.com
Website: https://www.transparencymarketresearch.com/
Report Overview: https://www.transparencymarketresearch.com/assistive-technologies-visually-impaired-market.html
The global assistive technologies for visually impaired market was valued at US$ 3,400.0 Mn in 2017 and is anticipated to reach US$ 7,100.0 Mn by 2026, expanding at a CAGR of 8.5% from 2018 to 2026. Increase in awareness about assistive technologies for visually impaired, technological advancements, and rise in target patient population are likely to augment the global market from 2018 to 2026. Surge in government initiatives to promote better facilities to improve quality of life of visually impaired people is expected to drive the global assistive technologies for visually impaired market. However, stringent regulatory requirements is a major factor restraining the global market.
The global assistive technologies for visually impaired market has been segmented based on product, end-user, and region. In terms of product, the global market has been classified into educational devices & software, mobility devices, low vision devices, and others. The educational devices & software segment has been categorized into Braille duplicators and writers, Braille computers, mathematical & science devices, reading machines, and others. The mobility devices segment has been bifurcated into canes and others. The low vision devices segment has been divided into smart glasses, VTS link, magnifying lenses, and others. The market segments have been analyzed based on available product categories in the assistive technologies for visually impaired market, cost-effectiveness, and preference for industries. Based on end-user, the global assistive technologies for visually impaired market has been classified into blind schools, enterprises & social organizations, personal use, federation & hospital, and others. In terms of region, the global assistive technologies for visually impaired market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Based on product, the educational devices & software segment dominated the global assistive technologies for visually impaired market. Rise in demand for Braille duplicators and writers, Braille computers, mathematical & science devices, and reading machines, and increase in government awareness programs in developing economies are expected to fuel the growth of the segment during the forecast period.
Request for the Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=39590
In terms of end-user, the enterprises & social organizations segment dominated the global assistive technologies for visually impaired market. Increase in donations and rise in corporate social responsibilities are likely to drive the enterprises & social organizations segment during the forecast period.
North America accounted for 40.0% share of the global market in 2017. Increase in per capita health care expenditure is expected to fuel the growth of the assistive technologies for visually impaired market in the region. Health care expenditure in the U.S. was 17.6% of the GDP in 2011. Per capita expenditure on health care increased from US$ 8,500 in 2011 to US$ 10,348 in 2016. An increasing number of visually impaired patients in the country has been opting for treatment via assistive technologies. Moreover, rise in disposable income of people in emerging economies such as China and India is likely to enable them to avail better health care facilities. Increase in income, rise in baby boomer and disabled populations, and availability of advanced assistive technologies are expected to encourage health care service providers toward making significant investment in development of advanced assistive technologies to address patient needs, improve operational efficiency, and save both service costs and time.
Major players operating in the global assistive technologies for visually impaired market include VFO, Amedia Corporation, Dolphin Computer Access Ltd., HumanWare Group, Cambium Learning, Access Ingenuity, American Thermoform, and LVI Low Vision International.
Obtain the Report Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=39590
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: amanpreet@tmr.com
Website: https://www.transparencymarketresearch.com/
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
