According to the IDF Diabetes Atlas, as of 2021, around 61 million adults (20-79 years) are living with diabetes in the Europe. Europe has the highest number of children and adolescents (0-19 years) with type 1 diabetes which is around 295,000.
Rise in Prevalence of Chronic Diseases
Increasing Investments
Increasing Aging Population
Recent Developments
Owing to the overworked care staff, SARA (Social & Autonomous Robotic health Assistant), an innovation started by the robotic system is used as an assistant which improves the elderly care in hospitals and nursing homes. Also, it improves the quality of life of elderly residents.
In 2020, Essence Group, provider of IoT-based telecare solutions for older people, has launched a new UK-specific telecare solution set, which includes multiple communication channels such as fall detection, activity monitoring, and outdoor monitoring to meet unique needs of old age people in the UK.
Market Segmentation
Europe elderly care medical devices market is segmented into product, end user, and company. Based on product, the market is divided into mobility assistance aids, assistive furniture, bathroom safety & assistive products, and communication aids. Based on mobility assistance aids, the market is further divided into wheelchairs, mobility scooters, crutches and cranes, patient mechanical lift handling, walkers and rollators, and others. Based on assistive furniture, the market is further divided into medical beds, riser reclining chairs, door openers, and others. Based on bathroom safety & assistive products, the market is further divided into bars, grips, and rails, commode chairs, ostomy equipment, and shower chairs. Based on communication aids, the market is further divided into hearing aids, vision & reading aids, speech & writing therapy devices, and others. Based on end user, the market is divided into hospitals, elderly nursing homes, assistive living facilities, homecare, and others. In terms of region, the market is segmented into France, Germany, United Kingdom, Italy, Spain, Finland, Greece, Portugal, Bulgaria, and Croatia.
Market Players
Sonova Holding AG, William Demant Holding A/S., GN Resound Group, Koninklijke Philips N.V., Medtronic Plc., OttoBock Healthcare GmbH, Investor AB (Permobil AB), Stryker Corporation, Invacare Corporation, Getinge AB (Arjo), Medical Depot, Inc., Prism Medical UK, Etac AB, Handicare Group AB, and Bischoff & Bischoff GmbH
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, Volume Units and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, Volume forecast company share, competitive landscape, growth factors, and trends |
Segments covered | · Product · End User · Company |
Regional scope | France, Germany, United Kingdom, Italy, Spain, Finland, Greece, Portugal, Bulgaria, and Croatia. |
Key companies profiled | Sonova Holding AG, William Demant Holding A/S., GN Resound Group, Koninklijke Philips N.V., Medtronic Plc., OttoBock Healthcare GmbH, Investor AB (Permobil AB), Stryker Corporation, Invacare Corporation, Getinge AB (Arjo), Medical Depot, Inc., Prism Medical UK, Etac AB, Handicare Group AB, and Bischoff & Bischoff GmbH |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |