Overview and Scope
Assistive technologies for the visually impaired refer to tools, devices, software, and systems specifically designed to assist individuals with visual impairments in various aspects of their daily lives. The primary goal of these technologies is to enhance accessibility, promote independence, and provide individuals with visual disabilities with the means to navigate, communicate, and access information effectively. These technologies address challenges related to reading, mobility, communication, and overall interaction with the surrounding environment.
Sizing and Forecast
The assistive technologies for visually impaired market size has grown rapidly in recent years. It will grow from $5.29 billion in 2023 to $6.11 billion in 2024 at a compound annual growth rate (CAGR) of 15.5%. The growth in the historic period can be attributed to rise in aging population, rising awareness of assistive technologies, increasing government initiatives.
The assistive technologies for visually impaired market size is expected to see rapid growth in the next few years. It will grow to $10.68 billion in 2028 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period can be attributed to growing incidences of visual impairments and blindness, growing demand for addressing the unmet needs of the patient. Major trends in the forecast period include smart glasses with ai, advanced screen readers, braille displays, augmented reality (AR) for navigation.
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Segmentation & Regional Insights
The assistive technologies for visually impaired market covered in this report is segmented –
1) By Type: Educational Devices And Software, Mobility Devices, Low Vision Devices
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Optical Stores, Online Pharmacies
3) By End User: Blind Schools, Enterprises And Social Organizations, Personal Use, Hospitals, Other End Users
North America was the largest region in the assistive technologies for visually impaired market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the assistive technologies for visually impaired market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Growing incidences of visual impairments and blindness are expected to propel the growth of assistive technologies for the visually impaired market going forward. Visual impairment and blindness refer to conditions that result in limited or no ability to see, affecting a person’s vision to varying degrees. Assistive technologies enhance accessibility for individuals with visual impairments and blindness, providing essential support, such as braille displays, for improved navigation, information access, and communication. For instance, in August 2023, according to the World Health Organization, worldwide, a staggering 2.2 billion individuals grapple with vision impairment, of which 1 billion cases are either preventable or inadequately addressed. Additionally, 36% of those are affected by refractive errors, and 17% deal with impairment due to cataracts. Therefore, growing incidences of visual impairments and blindness are driving the growth of assistive technologies for the visually impaired market.
Key Industry Players
Major companies operating in the assistive technologies for visually impaired market report are Apple, Google Inc., Plantronics Inc., Cambium Learning Group, OrCam Technologies Ltd., Vispero, Freedom Scientific Inc., Humanware Pty. Ltd., Amedia Corporation, Aira Tech Corp., LVI Low Vision International AB, Maxi-Aids, AbleNet Inc., Dolphin Computer Access Ltd., Eschenbach Optik GmbH, eSight Corporation, Zoomax Inc., Attainment Company, Ash Technologies, Boundless Assistive Technology, Eye-D, Adaptivation Inc., American Thermoform Corporation, ABiSee Inc., ViewPlus Technologies Inc., Envision AI, Ai Squared Inc., Eyedaptic Inc., Access Ingenuity, Torchit
The assistive technologies for visually impaired market report table of contents includes:
1. Executive Summary
2. Assistive Technologies For Visually Impaired Market Characteristics
3. Assistive Technologies For Visually Impaired Market Trends And Strategies
4. Assistive Technologies For Visually Impaired Market – Macro Economic Scenario
5. Global Assistive Technologies For Visually Impaired Market Size and Growth
…
32. Global Assistive Technologies For Visually Impaired Market Competitive Benchmarking
33. Global Assistive Technologies For Visually Impaired Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Assistive Technologies For Visually Impaired Market
35. Assistive Technologies For Visually Impaired Market Future Outlook and Potential Analysis
36. Appendix
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