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Demand for Assistive Furniture Is Growing at Cagr of 6% by 2026
2 months ago
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Demand for Assistive Furniture Is Growing at Cagr of 6% by 2026

The assistive furniture market refers to a segment of the furniture industry that offers products designed to assist people with disabilities or mobility issues. These products are designed to help individuals perform daily tasks more easily and comfortably, and they can include a wide range of items such as adjustable beds, lift chairs, and bathroom safety equipment.

The global assistive furniture market has been growing rapidly in recent years, driven by factors such as an aging population, rising incidence of disabilities, and increasing awareness of the benefits of assistive technology. In addition, advances in technology have made it possible to create more innovative and effective products that can improve the quality of life for individuals with disabilities. The market for assistive furniture is highly competitive, with numerous companies offering a wide range of products to meet different needs and preferences. Some of the key players in this market include Invacare Corporation, Pride Mobility Products, Sunrise Medical, and Drive DeVilbiss Healthcare.

One of the key trends in the assistive furniture market is the use of smart technology to enhance the functionality and usability of these products. For example, some products can be controlled via mobile apps, allowing users to adjust settings or monitor their usage remotely. Another trend is the increasing demand for aesthetically pleasing and stylish assistive furniture, as consumers seek products that blend in with their home decor and do not look clinical or institutional.

Overall, the assistive furniture market is expected to continue to grow in the coming years, driven by factors such as an aging population and increasing demand for products that enhance independence and quality of life for individuals with disabilities.

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Key findings of the Assistive Furniture market study:

  • The report provides a present market outlook on Assistive Furniture. Additionally, the Assistive Furniture market share is anticipated to grow with a CAGR of 6% in the forecast period.

  • Regional breakdown of the Assistive Furniture market based on predefined taxonomy.

  • Innovative manufacturing processes implemented by Assistive Furniture vendors in detail.

  • Region-wise and country-wise fragmentation of the Assistive Furniture market to grasp the revenue, and growth outlook in these areas.

  • Changing preferences among consumers across various regions and countries.

  • Factors (Positive and Negative) impacting the growth of the global Assistive Furniture market.

  • Assistive Furniture price, market share, and Trends forecast for assessment period 2022-2026

Key Segments in Assistive Furniture Industry Research

·         By Type :

  • Beds

    • Riser Reclining Chairs

    • Railings & Bars

    • Door Openers

·         By End User :

  • Home Care

    • Assisted Living Facilities

    • Hospitals

    • Nursing Homes

·         By Region :

  • North America

    • Europe

    • Asia Pacific

    • Latin America

    • Middle East & Africa

What makes this Research different from others?

  • COVID- Impact analysis- The report includes details of the impact of the pandemic on the Assistive Furniture market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Assistive Furniture companies.

  • Industrial trend analysis- The research covers recent trends in the field of Assistive Furniture which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.

  • Assistive Furniture Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.

Competitive Landscape

The Assistive Furniture industry is dominated by some prominent players including

  • GN ReSound Group

  • Liberator Ltd.

  • Siemens Ltd.

  • Blue Chip Medical Products

  • Invacare Corporation

  • Drive DeVilbiss Healthcare

  • Inclusive Technology Ltd.

  • Medline Industries, LP.

  • Permobil

  • Pride Mobility Products Corp.

  • Sunrise Medical LLC

  • AI Squared

  • Bausch & Lomb, Inc.

  • Exact Dynamics B.V.

The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Assistive Furniture market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Assistive Furniture brands leading to an impact on the margin profits of firms.

Report Benefits & Key Questions Answered

  • Assistive Furniture Company & brand share analysis: Company and brand share analysis on Assistive Furniture reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players

  • Assistive Furniture Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Assistive Furniture

  • Assistive Furniture Category & segment level analysis: Fact.MR’s Assistive Furniture sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.

  • Assistive Furniture Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers

  • Post COVID consumer spending on Assistive Furniture: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior

  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments

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